Cooner & Cooner, P.C. Certified Public Accountants

03/03/2025

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit beneficial ownership information reporting to foreign reporting companies only.

02/19/2025

Here we go again! It’s on again.

A court ruling means that millions of small businesses need to be prepared to file beneficial ownership information reports.

01/31/2025

Today, we mark a major milestone—15 incredible years of serving our clients with dedication, integrity, and passion!

At Cooner & Cooner, PC, we’ve spent the past decade and a half committed to delivering exceptional accounting and tax services, building lasting relationships, and making a difference in our community.

We couldn’t have done it without YOU—our amazing clients, colleagues, and supporters. Your trust and partnership have been the foundation of our success, and we are truly grateful.

Here’s to 15 years of growth, and to many more ahead! Thank you for being part of our journey!

01/24/2025

The stay of the nationwide injunction means that the government can enforce the beneficial ownership information reporting requirements, but it’s not clear what happens next.

12/12/2023

New requirement update!
Beginning January 1, 2024, new businesses will have 90 days to report ownership information to FinCen.Gov. Existing businesses will have until the end of 2024 to report ownership information. There are hefty fines for not complying, so do not get caught unaware of this new requirement!

FinCEN has prepared the following Frequently Asked Questions (FAQs) in response to inquiries received relating to the Beneficial Ownership Information Reporting Rule.

01/03/2023

We are currently looking to hire an accounting intern/ administrative assistant for this tax season. This internship could lead to full time position. Please send resume to [email protected]

10/27/2021

We are MOVING!! We should be at our new location by Monday November 1. We will be at 911 NW Loop 281 Suite 302.

10/15/2021

$4,200 more of your income is subject to Social Security taxes in 2022. Here are the details.

2022 Cost-of-Living Adjustment (COLA) changes are here. This is what you need to know.

10/08/2021

Actively managing your investments throughout the year can lower your taxes, especially if you can offset losses with gains.

Using the tax strategy of tax-loss harvesting, you may be able to turn the lemons in your investment portfolio into lemonade.

10/06/2021

The IRS has hints to determine if your identity is stolen, everyone should know this bank secret, and NFTs are a must know phenomena.

With the 2021 tax filing season just a few months away from starting, the IRS is warning taxpayers to be on the lookout for signs that your identity has been stolen. This month’s newsletter alerts you to some of the common signs of identity theft and what you can do if you discover that you&rs...

10/01/2021

Time to file your tax return for 2020 if you have not already done so. There is no reason to leave a possible refund on the table, and the IRS is not going to beg to send you back your money.

The Form 1040 extended filing deadline is fast approaching. If you have not already done so, please consider filing your 2020 tax return in the next few weeks.