IRS extends penalty relief for pandemic payroll credits

To continue to allow employers to take immediate advantage of various credits enacted in response to the COVID-19 pandemic, the IRS is permitting eligible employers who pay qualifying wages to retain an amount of the payroll taxes equal to the amount of qualifying wages that they paid, rather than deposit them with the IRS. Monday’s […]

If your property was damaged in the freeze, do this now to save money on your taxes

HOUSTON – Here’s a little help for homeowners who have property damage from last week’s severe weather. The Harris County Appraisal District says you can apply for a temporary disaster exemption. A change in state law after Hurricane Harvey allows a property that is at least 15% damaged by a governor-declared disaster area to receive a […]