We wanted to provide you with a summary of the most significant tax-related provisions from the recently passed One Big Beautiful Bill Act (OBBBA). This legislation introduces a wide range of changes across the Internal Revenue Code, impacting individuals, businesses,...
The due date for submitting the Beneficial Information Report to FinCen has been updated. Based on recent Supreme Court rulings, the filings for entities with a reporting requirement will need to be submitted by March 21, 2025. Willful violations are punishable by a...
Texas-based CPA firm appoints additional leadership from among ranks Desroches Partners is pleased to announce the appointment of three new partners to the firm, all of whom have been promoted from among team members. Lauren Cummings will be lending her abilities to...
On February 22nd, the IRS announced relief for taxpayers in the entire state of Texas and for taxpayers whose records necessary to meet a deadline are in Texas. The following is a list but not the limit of the relief: Postponement of federal tax filing and payment...
The Consolidated Appropriations Act of 2021 modifies the Employee Retention Credit Section 206 of the Appropriations Act expanded the availability of the Employee Retention Credit (ERC) by removing the wording that made those who received Paycheck Protection Program...
Bipartisan Emergency COVID Relief Act of 2020 The “Gang of Eight”, a bipartisan group of eight U.S. Senators, were able to build a framework for emergency relief. Their efforts combined with a lot of pressure to get this passed before sessions closed for the upcoming...
Desroches Partners, LLP, located in West Houston and North Dallas, offers a complete range of tax, assurance and consulting services to a diverse portfolio of clients.
