Blog

The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things, it extends favorable tax treatment to qualified individuals who take so-called “coronavirus-related distributions” (CRDs) from IRAs, 401(k) plans and...

The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck Protection Program’s (PPP’s) more onerous restrictions regarding loan forgiveness. President Trump has signed the bill into law. The...

More relief may be ahead through the HEROES Act. Things are still very much up in the air, though, and Henry & Peters, PC is keeping a close eye on facts for you. CPAs Thomas Neuhoff and Linda Cooper have an update on the status of that Health & Economic...

What now? That's the question on a lot of minds as we adapt to the ongoing impacts of COVID-19. Here at Henry & Peters, PC, we're working to get answers to our community: CPAs Linda Cooper and Thomas Neuhoff have your latest update as we all get back in business....

After extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the White House, an agreement has been reached on a massive stimulus bill to address the financial and health care crisis resulting from the coronavirus (COVID-19) pandemic. As...

We are so pleased to announce that our interns. Abigail McCall and Taylor Peimbert, were recently offered positions with us beyond their internships and both have made the decision to remain with us as Staff Associates.   Melissa Garcia began her...

Alex Broyles joined Henry & Peters May 4th as Senior Associate in our audit department. Alex moved from Richmond, Virginia, where he was employed in public accounting (audit) for the last three years. Alex is a graduate of Virginia Tech and holds a B.S. in...

The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection Program (PPP) — whether expenses paid for with forgiven, tax-free PPP loan proceeds are deductible business expenses under Section 162 of the Internal...

Taylar Rivers joined Henry & Peters June 8th as part time Staff Associate. Taylar will graduate with her Bachelor of Business Administration in Accounting in December of 2020 from the University of Texas at Tyler. She has maintained a 4.0 GPA while working...

The Best in Town voting has opened with the Tyler Paper. Please go to https://tylerpaper.com/bestintown/#/gallery?group=343640 and vote for Henry & Peters as the Best in Town Accounting Firm !