"The hardest thing in the world to understand is income taxes" -Albert Einstein | 281-210-2450 | INFO@CORREAPEARSONANDASSOCIATES.COM

Articles

Is Climate Change Putting Your Business at Risk?

Date: September 21, 2021

Is Climate Change Putting Your Business at Risk? As you can see on virtually every news station – natural disasters are becoming more severe and happening more frequently. Did you...
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EIDL Loan Recipients: Pay Less Now, or A Lot More Later

Date: September 20, 2021

Are You Going to Pay More Interest Than You Thought? When the pandemic hit America, millions of business owners were impacted. Government shutdowns escalated an already dire situation causing some...
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HOW MUCH TO PAY YOURSELF

Date: September 20, 2021

HOW MUCH TO PAY YOURSELF Are You Paying Yourself Correctly? If you are the owner of an S Corporation, did you know that you legally have to pay yourself...
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How you can protect yourself in case of an audit

Date: September 16, 2021

How you can protect yourself in case of an audit If you make $200,000 or more per year, your audit risk just went up The IRS is up to some...
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Refinancing to Free Up Cash Flow

Date: September 10, 2021

How Refinancing Your Home Could Save You Thousands There’s a lot of talk in the headlines about interest rates being lower than they have been in many years – sending...
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The Costs of Letting Your Customers Control Their Payments

Date: September 7, 2021

Improving Cash Flow through Better AR Management Many small business owners don’t realize that making some small tweaks to their operations can make all the difference in their bank balance....
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The Joys of Estimated Tax

Date: September 2, 2021

The time to pay your estimated taxes is approaching! It is that time of year again- estimated taxes are due on September 16th! Nobody WANTS to pay taxes but it...
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The Costs of Hurricane Ida to Small Businesses

Date: August 31, 2021

Is your business prepared for the costs of a natural disaster? I’m sure you’ve heard by now that the Gulf Coast has been ravaged by Hurricane Ida, whether you were...
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TOP 5 QUESTIONS YOU SHOULD ASK TO SAVE MONEY IN TAXES

Date: August 26, 2021

It’s not news that this has been a crazy year. Businesses of all sizes have had to adjust to the pandemic, and some have even thrived in spite of it!...
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Do You Want to Retire With an Extra 1Million in Your Retirement?

Date: August 24, 2021

Einstein called it “the eighth wonder of the world”. Compound interest is one of the most powerful tools to building wealth, unfortunately, it’s very underutilized and often...
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PPP Loan Forgiveness Period is Closing!

Date: August 6, 2021

Don’t be part of these statistics!!! Almost 2 million Paycheck Protection Program (PPP) loan borrowers have not yet applied for forgiveness! Are you one of the many business owners who...
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Trump Math

Date: July 27, 2021

How in the world can someone make just shy of $15Million/year in income and pay only $750 in tax? With legal tax avoidance and proper planning. We all heard of...
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Why You’re Not Rich Yet and How to Get There

Date: July 27, 2021

Hint… It’s not your fault. You can search the web for the ‘silver bullet’, that get-rich-quick trick that’s just waiting to be discovered. That lottery ticket...
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How Recent Tax Changes are Making Health Care More Affordable

Date: June 1, 2021

With the passage of the American Rescue Plan Act of 2021 (ARPA), Congress has temporarily abolished the health insurance premium tax credit “subsidy cliff.”  For 2020 and 2021, self-employed and...
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Tax Hikes May Be Released TODAY In New Whitehouse Release

Date: May 29, 2021

President Biden is expected to announce a $6 Trillion dollar budget today and if passed, it will potentially include the word “retroactive” as it relates to tax hikes.  This is...
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