Paula Huggins, CPA

04/02/2025

❗️❗️ATTENTION❗️❗️

Our office will be closing at 2pm today due to the severe weather conditions expected to be coming to the area.

02/18/2025

‼️ATTENTION‼️

❄️Our office will be closing early today, Tuesday February 18th, 2025 due to inclement weather. We will also be closed Wednesday, February 19th 2025. However, our staff will be working remotely. If you have any questions you can still contact the main office line and leave a message and we will return your phone call as soon as we are available to. ❄️

01/10/2025

Our office will we working remotely today. Phones will still be available.

12/05/2024

📣📣📣 Important Information regarding BOI (Beneficial Ownership Information) aka Corporate Transparency Act as of December 4,2024. 📣📣📣

A Court in Texas has placed a temporary injunction NATIONWIDE on the December 31, 2024 filing for BOI reports.

What does this mean for businesses?

Wait-and-see. Some businesses may choose to take a wait-and-see approach, relying on the injunction and waiting to see what happens with Texas Top Cop Shop before complying with the CTA.

Monitor and prepare. Given the proximity to the deadline and the effort required to comply, some businesses may choose to continue to prepare their filings to be ready to comply with the CTA deadlines, should the nationwide injunction be lifted or narrowed.

Move ahead with the filing. Particularly for companies that are relying on service providers to make their filings (some of which are already seeing multiple day or week delays to submit filings), some businesses may choose to go ahead and make the filing regardless of the injunction.

Given the uncertainty about the scope of the injunction and the short time before the deadline, companies should still be prepared to comply with the law if the stay if lifted.

Stay tuned, this could change again in a few days.

https://www.bclplaw.com/en-US/events-insights-news/texas-court-issues-nationwide-injunction-less-than-a-month-before-the-corporate-transparency-acts-reporting-deadline.html

https://www.journalofaccountancy.com/news/2024/dec/nationwide-injunction-halts-boi-reporting-for-now.html

11/08/2024

‼️ATTENTION ALL BUSINESSES‼️

We are sending you a reminder to get your Beneficial Ownership Information reports in. The deadline is quickly approaching!

✅Required by the Financial Crimes Enforcement Network (Not the IRS)
✅ Applied to the majority of U.S. Businesses
✅Deadline for filing is January 1st, 2025
✅ Failure to file can result in penalties of up to $500 per day

There is no cost to file with this, if you do it directly online yourself.

Here is the link to complete your filing:

01/31/2023

Our office will be closed today due to inclement weather. Our text line will still be available at 573-321-5174.

11/23/2022

Happy Thanksgiving

11/15/2022

11/08/2022

We are needing a seasonal tax season employee! PM if interested!

03/09/2022

Karen's parents (Earl and Delores Hacker) stopped by our office this morning.

03/09/2022

Earl and Delores Hacker brought us homemade Coffee cake when they came to sign their tax return!

01/08/2022

💥 Keep these letters and bring them in when you drop off your paperwork! 💥

sending letters to recipients of advance payments and third . Using the information in these letters when preparing your tax return can reduce errors, avoid refund delays. https://go.usa.gov/xt3mm