Covid-19 – Page 2 – The Burns Firm – Advisors of Complex Financial Matters

Testing the Waters Before Jumping In

April 2nd, 2020|Categories: Accounting, Burns Firm, Business, Buying a Business, Merger & Acquisition, Sell Business, Selling a Business, Services, Tax|Tags: Coronavirus, Covid-19, CPA Dallas, M&A, merger and acquisition, post merger, stages of acquisition deal, stages of merger deal, tax consequences of a merger, tax consequences of an acquisition, The Burns Firm|

When considering a merger or acquisition, the most opportune time to find out about possible culture clashes is obviously before the deal is complete. In fact, one often-cited reason for [...]

CARES Act, Part 2

March 31st, 2020|Categories: Burns Firm|Tags: CARES Act, CARES Act Part 2, Coronavirus CARES Act, Covid-19, CPA Dallas, The Burns Firm|

Information provided by ADP, Eye on Washington The U.S. Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748, “CARES Act”) on March 25, 2020. President Trump [...]

The New COVID-19 Law Provides Businesses With More Relief

March 31st, 2020|Categories: Accounting, Burns Firm, Tax, Tax Credits, Tax Planning, Tax Preparation|Tags: CARES Act, coronavirus tax relief, Covid-19, Covid-19 SBA loans, CPA Dallas, tax and coronavirus, tax help and Covid-19, tax relief and covid-19, The Burns Firm|

Just days ago, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and employers. We believe this will provide much needed relief to “Main [...]

Individuals Get Coronavirus (COVID-19) Tax and Other Relief

March 24th, 2020|Categories: Accounting, Burns Firm, Business, C Corporation, Partnership, S Corporation, Selling a Business, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: coronavirus tax relief, Covid-19, Covid-19 ta relief, CPA Dallas, extended tax filing date, tax relief, tax relief due to coronavirus, The Burns Firm|

Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that the federal [...]