Tax Update – IRS delays 2020 Tax Deadline to May 17, 2021 for Individuals
The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be…
Paycheck Protection Program 2 (PPP2)
At the end of 2020, a new law was passed that provides for additional relief related to the coronavirus (COVID-19) pandemic. This law, the Consolidated…
PPP Forgiveness and Expense Deductibility
To end a tumultuous 2020 and kick off the new year, Congress passed the Consolidated Appropriations Act (“the Act”). There were many business and tax…
Update – PPP Loan Forgiveness
Between the uptick of reported positive COVID cases, political uncertainty, and a host of other issues in 2020, PPP forgiveness may not be near the…
Mississippi Back to Business Grant
The Back to Business Mississippi Grant Program is a part of the 2020 COVID-19 Mississippi Business Act. The Program is designed to provide grants to…
Relaxed Rules for Paycheck Protection Forgiveness
Through a joint effort by both chambers of Congress, the Paycheck Program Flexibility Act of 2020 (PPPFA) was signed into law by President Trump on…
The Potential Tax Trap of Unemployment Compensation
Many of us are dealing with the unfortunate reality of unemployment, and the safety net of unemployment compensation. Fortunately, the CARES Act provided for an…
PPP Loan Forgiveness & Documentation
Many of you have received the first round of PPP loan proceeds while others of you are still waiting. For those waiting, the second round…
IRS launches new on-line tool to help non-filers register for Economic Impact Payments & April 17th the IRS will launch Get My Payment
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here The IRS has announced the launch of a new online tool that will offer those taxpayers who don’t normally file federal tax returns, and…
PPP Loan Forgiveness & Documentation
Many of you may soon receive the PPP loan proceeds. This may be the first tangible recovery relief that a business will receive, and it…
SBA EIDL $10,000 Cash Advance or Not?
Last night, the SBA sent an email to businesses that applied for the Economic Injury Disaster Loan (EIDL) and the $10,000 cash advance. According to…
Extended Filing & Payment Deadline; IRS July 15 & Mississippi May 15
Federal Extension of Time to File – July 15 Individual taxpayers filing deadline was moved from April 15 to July 15, 2020. You do not…
Byrne Zizzi CARES Act Tools; PPP Loan & EIDL Chart
We are here to assist you in choosing the right options for your personalized situation. We have assisted numerous businesses in filing for the EIDL…
Count on us
We are ramping up our services to our clients during this incredible challenge while being smart and proactive to deal with the COVID-19 threat. We…
Families First Coronavirus Response Act, Emergency Paid Sick Leave & Family Medical Leave
The Families First Coronavirus Response Act (FFCRA) was signed into law last night. This will bring new benefits for employees affected by the Coronavirus and…
COVID-19
Byrne Zizzi CPA Listed as One of the Oldest Firms in Mississippi
Mississippi Business Journal This firm started with Harold Craig in the spring of 1961 above the bank in Houston, Mississippi. He innovated for over 26…
Byrne Zizzi CPA Adds Tony Haas to Oxford Office
Tony Haas Byrne Zizzi CPA is pleased to announce that Tony Haas, CPA has joined the firm! Tony has a Bachelor of Business Administration in…
Byrne Zizzi CPA adds PJ Jacobs to Aberdeen Office
PJ Jacobs Byrne Zizzi is pleased to announce that PJ Jacobs has joined our firm! PJ is a resident of Caledonia and has two children…
Byrne Zizzi CPA Adds Kayla Bird to Oxford Office
Kayla Bird Byrne Zizzi CPA is pleased to announce that Kayla Bird has joined our firm! Kayla Bird is an accounting graduate from the University…
Byrne Zizzi CPA adds Lindsey McCarley to Tupelo Office
Lindsey McCarley Byrne Zizzi CPA is pleased to announce that Lindsey McCarley has joined our firm! Lindsey has an Associate of Applied Science in Accounting…
Byrne Zizzi CPA adds Megan Pickle to Aberdeen Office
Megan Pickle Byrne Zizzi CPA is pleased to announce that Megan Pickle has joined our firm! Megan is a resident of Hamilton, MS and…
2018 Tax Projection
Tom Byrne Jr., CPA Chairman + Senior Tax Director 2018 Tax Projection We are fast gaining expertise in the new tax bill signed into…
Tax Reform Increases Bonus Depreciation for 2017 Taxes
Emily Zizzi CPA President + Tax Director Tax Reform Increases Bonus Depreciation for 2017 Taxes Most of the tax law changes in the Tax…