Relief Available for Businesses and Individuals The Families First Coronavirus Response Act (the Act), enacted on March 18, 2020, requires employers with fewer than 500 employees to provide a certain amount of paid sick and paid family leave to employees affected by...
Relief Available for Businesses and Individuals The Coronavirus Aid, Relief, and Economic Security Act (the Act) became law on March 27, 2020. The estimated $2+ trillion and 880-page legislation includes public health spending, immediate cash relief for citizens, a...
Due to the COVID-19 pandemic, the IRS announced that tax returns, originally due on April 15, 2020, will not have to be filed until July 15, 2020. The postponement applies to individuals, trusts, estates, partnerships, associations, companies or corporations with a...
Following President Trump’s declaration of a national emergency, Treasury Secretary Steven Mnuchin stated at a press conference on March 17, 2020 that individuals can defer tax payments up to $1 million for 90 days. Corporations can defer up to $10 million of tax...
Given the recent developments surrounding the spread of COVID-19, Weinstein Spira has instituted a remote work plan for our employees, and our physical office is currently closed. We are taking every step possible to ensure the health and safety of our clients,...
Weinstein Spira, the mid-market public accounting firm for Houston’s top high net worth individuals and privately held businesses, is proud to announce the promotion of four leaders within the firm. Tobias McFaul promoted to Senior Tax Manager. McFaul joined Weinstein...
These days, financial statements are under more scrutiny and subject to stricter regulations to meet high quality standards in the U.S. and around the world. Whether you are a private company needing to comply with your bank’s credit agreement, or a publicly held...
Weinstein Spira, the mid-market public accounting firm for Houston’s top privately held businesses and high net worth individuals, is proud to announce that Kristin Murray has been elected the firm’s Managing Shareholder. Murray succeeds Dianne Peckham, the firm’s...
Generation Z, or those born in 1997 or later, now make up nearly 26% of the country’s population and are about to enter and redirect our workforce. Similar to their millennial peers, Gen Z’ers have unique distinguishing characteristics and behavior patterns and will...
How often do you receive Excel spreadsheets from coworkers, clients or partners that have your head spinning? Incomplete or confusing spreadsheets often can result in incomplete or confusing data. Thankfully, with the right tools by your side, you can make any Excel...
How can you provide your children, and their children, with financial stability now or when you’re no longer here? What wealth transfer strategies are best for your family? Unfortunately, we can’t give you all the answers in the context of one blog post. But we can...
Have you heard? Today is National Philanthropy Day! This day was created by the Association of Fundraising Professionals and aims to celebrate philanthropy, whether it be volunteering or charitable giving. While we are thrilled to celebrate philanthropy today, we...
Already thinking about next year’s tax deadline? Believe it or not, now may be the best time to do just that! Family office accounting can be incredibly cumbersome, as it involves coordination between various entities and individuals. In order to see successful...
With an office full of accounting professionals that spend more time in Excel than we’d like to admit to ourselves, we’ve racked up quite the toolbox of best practices in the program. We’re excited to share this wealth of knowledge with you. Because Excel isn’t simply...
Tax reform. Will it happen? Will it be good for our country? What do you know or what are you hoping to see? With the latest reports stating that legislators are aiming to have a tax reform bill on President Trump’s desk by Thanksgiving, our team is paying attention...
It’s true what they say about accountants. We practically live in Microsoft Excel. We learned the basics as part of our collegiate and post-graduate training, but it’s in the workplace at top accounting firms like Weinstein Spira, where we’ve truly honed these skills....
Due to the recent extraordinary storm, the IRS has provided tax relief to Hurricane Harvey victims residing in the affected areas. The relief provides an additional extension of time to file most federal income tax filings and payments until January 31, 2018. The...
Wondering how gamification and a little friendly competition can make a huge difference for your internal culture? It’s not just our Houston Texans or University of Houston Cougars that understand the benefits of competition. We’ve seen the upside of bringing play...
Our hearts are aching for the Greater Houston and Southeast Texas communities during this time of an unprecedented tragedy. Hurricane Harvey has flooded our city with relentless rain, forcing people from their homes, including our team members and clients. We are so...
Do you want long term success for your technology startup? There’s a lot to consider. Working through your accounting responsibilities can be a daunting addition to an already stressful time. Today, Shareholders Trina Painter and Taylor Neese are sharing important...
While our countries both call North America home, establishing and doing business in the United States means an entirely new set of rules, regulations and implications for our Canadian neighbors. As a Canadian entrepreneur, business owner or CFO, it’s important to be...
What's the secret to working efficiently and effectively, while also keeping your paying customers happy? You’ve likely skimmed through dozens of articles surrounding how to be more efficient, or what measures to take for a more efficient workplace in hopes of finding...
Are you behind the benefit plan audit eight ball? With the July 31st Form 5500 filing deadline fast approaching, are you missing your company’s audit report to attach to the filing? Perhaps you didn’t realize your company had an audit requirement or maybe the deadline...
In estate planning and the transfer of wealth, there are various financial tools to help the next generation “test the waters” of sound money management, including trusts and partnerships. At some point, however, the heirs take over and the risk of errors may...