With some tax laws changes coming into effect in 2022—and some expiring—you may have questions about tax planning this year. With this in mind, we have prepared a comprehensive 2022 Year-End Tax Planning Letter. For your convenience, the letter is divided into two sections: Individual......
Get to know manager Sarah King! Sarah shares her favorite author, the food she can’t live without, what she wanted to be when she grew up, and more fun facts Who is your favorite author? Liane Moriarty What is your favorite movie and/or TV show?......
HCJ CPAs is excited to welcome Allie Smith to its professional team. Allie joins the Little Rock office’s client accounting services team as a staff accountant. A 2022 graduate of the University of Arkansas at Monticello, Allie brings experience in both bookkeeping and tax preparation......
HCJ CPAs is excited to welcome Roger Glaude back to its professional team. Roger began his professional accounting career at HCJ CPAs, serving on the team from 2014 – 2017. He then left the firm to work as a high school teacher and coach. Roger......
HCJ CPAs is excited to announce four new additions to its professional team. James Riles and Paige White join the firm’s Jonesboro office as staff accountants. Gretchen Hall also joins the Jonesboro office as an intern. Timothy Rowland will work as a staff accountant in......
Get to know manager Dillon Barker. Dillon shares his favorite tv show, the food he can’t live without, and more fun facts in his employee spotlight. What is your favorite movie and/or TV show? My favorite movie is Good Will Hunting. My son and I......
HCJ CPAs & Advisors PLLC is pleased to announce the promotions of Kayla Easley, CPA, Sarah King, and Stephanie Murry, CPA. Easley and Murry joined HCJ CPAs & Advisors in 2015 as staff accountants in the firm’s Little Rock office. King started in 2017 as......
HCJ CPAs is excited to welcome Will Watson to its professional team. Will joins the Jonesboro office’s tax team as a staff accountant. A professional in the accounting field since 2021, prior to joining HCJ he served as tax staff with another local accounting firm.......
Get to know manager, Jonathan Rash. Jonathan shares his favorite TV show, first job, favorite food, and more fun facts in his employee spotlight. What is your favorite movie and/or TV show? The Office What did you want to be when you were growing up?......
HCJ CPAs & Advisors PLLC is pleased to announce the promotion of Nicole Hobbs, CPA. Hobbs will be taking on new responsibilities as a principal. Hobbs joined HCJ CPAs & Advisors in 2017 as a manager in the firm’s tax department. She specializes in nonprofit......
On April 28, HCJ CPAs & Advisors partner Mark Glover, CPA presented at the Arkansas Society of Certified Public Accountants (ARCPA) Employee Benefit Plan Virtual Conference. His presentation was entitled “Common Errors Found in Plans” and focused on highlighting common plan errors as well as......
HCJ CPAs is excited to announce two new additions to its professional team. Brian Williams joins the firm as Network Administrator, and Jessica Smith, CPA rejoins the firm as a Senior Auditor. A professional in the IT field since 2004, Brian brings with him 18......
Get to know manager Austin Childers. Austin shares his favorite tv show, the food he can’t live without, what he wanted to be when he grew up, and more fun facts! What is your favorite movie and/or TV show? Yellowstone – I’m ready for a......
HCJ is excited to share that two of its current interns, Madeline Brodsky and Anna Roemer—both of whom are future full-time team members—have earned awards for their academic achievements at their respective colleges. “I would like to congratulate Madeline and Anna on their fantastic achievements,”......
HCJ CPAs & Advisors PLLC is pleased to announce the addition of Spencer Freyaldenhoven, CPA to their professional team. Freyaldenhoven joins the firm as a manager in the Tax Department. A professional in the field since 2017, most recently she served as a tax manager......
HCJ CPAs &Advisors is pleased to welcome Kylie Johnson and Zachary Williams, CPA to the firm. Johnson joins the Whitehall office’s Client Account Services department as a staff accountant. In 2016, she graduated from Arkansas State University with a Bachelor of Science in Pre-Professional Biological......
HCJ CPAs & Advisors would like to extend a warm welcome to both the nine 2022 interns and the new staff members joining the firm. Little Rock Office The firm’s Little Rock office is excited to welcome six interns, two of whom are already slated......
HCJ CPAs & Advisors PLLC is pleased to announce the addition of Mark Glover, CPA to the firm’s ownership group. Glover joined the HCJ CPAs & Advisors PLLC team in 2009. His specialty is employee benefit plans, and he works with nonprofits and school districts,......
HCJ CPAs & Advisors PLLC is pleased to announce the addition of Michael Cole to their professional team. Cole joins the HCJ CPAs & Advisors PLLC team as Chief Financial Officer (CFO), bringing with him more than three decades of experience. A professional in the......
Year-end tax planning is seldom a simple proposition, and 2021 has been anything but simple. With this in mind, we have prepared a comprehensive 2021 Year-End Tax Planning Letter. For your convenience, the letter is divided into two sections: Individual Tax Planning Business Tax Planning......
HCJ CPAs & Advisors PLLC is pleased to announce that Karen Garrett, CPA, the firm’s Managing Partner, was recently named to “Arkansas 250,” the list of Arkansas’ most influential leaders published each year by Arkansas Business. “I am incredibly honored to be included among the......
HCJ CPAs & Advisors PLLC is pleased to announce the addition of Dawn Bramlett to their professional team. She joins the firm as the business advisory services leader. “I am thrilled to welcome Dawn to the firm,” said Karen Garrett, CPA, Managing Partner of HCJ......
CJ CPAs & Advisors happily welcomes the addition of Seanna Horn, Jordan Longino, Austin Shelton, and Jonathan Strasser to the firm. “Welcoming new accountants at the start of opportunity season is a great way to bring fresh energy to the team,” said Karen Garrett, CPA,......
It is with great sadness that the team at HCJ CPAs & Advisors has to inform you of the passing of Richard Cisne, Founder of Hudson Cisne. Richard was a valued leader and beloved member of the Little Rock community at large. For more information......
On December 22, 2020, Congress passed the Consolidated Appropriations Act, 2021 (CAA2021), which includes $892 billion in coronavirus stimulus spending. The act was signed into law by President Trump on Sunday, December 27, 2020. This long-awaited and highly contested piece of legislation ties coronavirus relief......
Woman-Run is a statewide initiative supporting woman and minority business leaders through networking, mentorship, education and resources. This feature is presented by Wright Lindsey Jennings and this month, they chatted with managing partner Karen Garrett. Click here to read the article....
The certified public accounting firms of Hudson Cisne & Co. LLP, and Jones & Company, LTD, are pleased to announce their merger effective January 1, 2021. The combined firm will be known as HCJ CPAs & Advisors, PLLC. “Hudson Cisne’s commitment remains to serve our......
Year-end tax planning is seldom a simple proposition, and 2020 has been quite a challenge, to say the least. With this in mind, we have prepared a comprehensive 2020 Year-End Tax Planning Letter. For your convenience, the letter is divided into two sections: Individual Tax......
Hudson, Cisne & Co., LLP is pleased to announce the addition of Shelby Hardin, CPA to their professional team. She joins the firm as a manager. As a manager with Hudson, Cisne & Co., LLP, Hardin works in the Client Accounting Services Department. She serves......
HCJ CPAs & Advisors is pleased to announce the addition of Shelby Hardin, CPA, to their professional team. She joins the firm as a manager. As a manager, Hardin works in the Client Accounting Services Department. She serves clients in a variety of industries including......
On Friday, August 28, the Internal Revenue Service (IRS) released Notice 2020-65, which offers guidance regarding the implementation of the Presidential Memorandum on the deferment of some payroll taxes. The memorandum, which was released by the President on August 8th, called for a deferral of......
On August 24, the Small Business Administration and Treasury made available a new set of guidance regarding the Paycheck Protection Program (PPP) forgiveness issues. The new interim final rule covers two areas: owner-employee compensation and the eligibility of non-payroll costs. A recent article from the......
On August 4th, the U.S. Small Business Administration (SBA) released additional guidance regarding forgiveness of Paycheck Protection Program (PPP) loans. In consultation with the U.S. Department of the Treasury, the SBA added 23 new questions to their PPP FAQ page. The SBA sorts the new......
The Internal Revenue Service (IRS) recently announced finalized guidance regarding business interest expense limitations. In a helpful article from the Journal of Accountancy, author Sally Schreiber offers an overview of the new rules. Background The business interest expense limitation was created by the Tax Cuts......
On Wednesday, July 1, the House agreed unanimously to an extension of the Paycheck Protection Program (PPP). The five-week extension originated in the Senate on Tuesday, where it was approved late in the evening. President Trump signed the bill into law on Saturday, July 4.......
Late last week, the United States Small Business Administration (SBA) released yet another round of guidance updates regarding the Paycheck Protection Program (PPP). The areas covered by this latest release are maturity dates and loan amounts. A recent article from the Journal of Accountancy offers......
On June 22, the U.S. Small Business Administration (SBA) released additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. A recent article from the Journal of Accountancy summarizes the information contained in the release. The new interim final rule primarily addresses changes made by the......
On Wednesday night, the Senate voted unanimously in favor of the Paycheck Protection Flexibility Act. This new legislation makes key adjustments to the timeline for spending Paycheck Protection Program (PPP) funds and revises how loan recipients are required to allocate the money. Here is a......
On May 22, the Small Business Administration (SBA), in conjunction with the U.S. Treasury, released additional guidance for recipients of loans through the Paycheck Protection Program (PPP). A recent article from the Journal of Accountancy examines the details of the new release. The SBA issued......
Following last month’s proposal to defer the effective date of two standards for private companies and nonprofit organizations, the Financial Accounting Standards Board (FASB) voted to delay the effective dates of revenue recognition and leases standards on May 20. The standards extension comes as a......
On Friday, May 15, the Small Business Administration (SBA) announced an important release for borrowers who received loans through the Paycheck Protection Program (PPP). The bureau made public a form and instructions for borrowers to use to apply for PPP loan forgiveness. The application must......
On May 13, the Small Business Administration (SBA) released new guidance regarding the Paycheck Protection Program (PPP), Business Loan Program Temporary Changes; Paycheck Protection Program – Loan Increases. This is a new interim final rule allowing for an increase in the amount of loan for......
On May 13, the Small Business Administration (SBA) issued additional guidance regarding the Paycheck Protection Program (PPP). They added a highly anticipated new question to their lengthy FAQ: “How will SBA review borrowers’ required good-faith certification concerning the necessity of their loan request?” One of......
On May 3rd, the Small Business Administration (SBA) issued a new round of guidance regarding the Paycheck Protection Program (PPP). They addressed three issues for which business owners have requested clarification, including: The impact of a laid-off employee refusing to be rehired on a borrower’s......
The Paycheck Protection Program (PPP) is a loan initiative created by the CARES Act that targets aid to small businesses dealing with losses resulting from the coronavirus pandemic. The big appeal of the program is that the portion of the PPP loan funds used for......
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19). The CARES Act is the third round of federal government aid related to COVID-19. We have......
The Families First Coronavirus Response Act (H.R. 6201), became law on March 18, 2020. The Act guarantees free testing for the novel coronavirus (COVID-19), establishes emergency paid sick leave, expands family and medical leave, enhances unemployment insurance, expands food security initiatives, and increases federal Medicaid......
The Families First Coronavirus Response Act (H.R. 6201) became law on March 18, 2020. Among other things, the Act requires employers with “fewer than 500 employees” to provide two new benefits: (1) federal emergency paid sick leave and (2) federal emergency paid family and medical......
The federal government is trying to get much-needed cash into the hands of employers and employees affected by COVID-19 as quickly as possible. To do so, it is utilizing employers’ existing payroll systems to minimize the employers’ cash flow hardship that might otherwise have occurred from......
To our valued clients and colleagues, As the novel coronavirus (COVID-19) continues to spread, the health and well-being of our communities, clients, and people remains our highest priority. With this in mind, we made the decision to close our offices to the public and our......
By Jeff Pratt, Sean Murphy The novel coronavirus (otherwise known as COVID-19) crisis has struck a serious blow to the manufacturing industry, which was already battling trade policy turbulence, a slowdown in global manufacturing growth and broader economic uncertainty. The virus’ disruptive impacts are rippling throughout global......
By Andrea Wilson Now present on every continent except Antarctica, COVID-19 has infected more than 125,000 people, and is responsible for more than 4,600 deaths. With the number of cases in the U.S. continuing to climb, individuals and companies alike are taking steps to prepare for a pandemic.......
On March 20, 2020, the Internal Revenue Service released Notice 2020-18, its second round of formal guidance – this time expanding its earlier guidance (Notice 2020-17) by including relief to taxpayers for both federal income tax returns and federal income tax payments which would be......
In response to the novel coronavirus (COVID-19) pandemic affecting the small business community across the country, the U.S. Small Business Administration (SBA) is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury. Substantial economic injury means the business is......
To our valued clients and colleagues, First and foremost, we want to thank you for the trust in our HCJ CPAs & Advisors & Co, LLP (HCC) team and the services we provide. We consider it an honor to work with you, and we do......
To our valued clients and colleagues, First and foremost, we want to thank you for the trust in our HCJ CPAs & Advisors & Co, LLP (HCC) team and the services we provide. We consider it an honor to work with you, and we do......
HCJ CPAs & Advisors has recently added the following to our team: Reynolds “Reyn” Beckham III, Elizabeth Bennett, Timothy “Jordan” Clark, CPA, Gregory “Alex” Massey, Tyler Patton, Nathan Rogers, and Emma Shortes to their professional team. These seven young professionals all join the firm as......
Gina Moran, CPA and Paul Osborn, CPA, CVA were recently elected to the board of directors of the Arkansas Society of CPAs (ARCPA). Moran will serve as vice chair; Osborn takes on the role of treasurer. Moran has been a member of the Hudson, Cisne......
Hudson, Cisne & Co. LLP is pleased to announce the addition of Paul Osborn, CPA, CVA to the firm’s ownership group. Paul was promoted to Partner effective January 1, 2020. A professional in the field since 2006, Osborn joined the HCJ CPAs & Advisors team......
Paul Osborn, CPA, CVA, recently had the opportunity to address students in the University of Arkansas Medical School’s class, “Business of Medicine.” Osborn speaks annually at the class, which is led by Dr. Jason Mizell. He offers a one-hour session that gives an overview of......
Paul Osborn, CPA, CVA recently participated in a Pulaski County Bar Association (PCBA) seminar on domestic relations. The seminar took place on Friday, October 25, 2019 at the UA Little Rock Bowen School of Law facility in Little Rock. Paul and his co-presenter, Scott Hilburn,......
Karen Garrett, CPA has been named to WomenInc.’s list of 2019 Most Influential Corporate Board Directors. Karen joined the firm in 1996 and currently serves as managing partner. She specializes in employee benefit plan audits, multi-state taxation, andmerger/acquisition transactions. Karen works with a variety of......
Hudson, Cisne & Co., LLP is pleased to announce that Brent Sharpmack, CPA has accepted a spot in the 2019-2020 Class of Leadership Arkansas. A member of the HCJ CPAs & Advisors team since 2003, Brent currently serves as a partner. He specializes in serving......
The time to consider tax saving opportunities is before the year ends. At HCJ CPAs & Advisors, your financial security is our highest priority. To demonstrate our continued commitment to serving you, we want to take this opportunity to remind you of certain tax laws......
The local accounting firm of Hudson, Cisne & Co., LLP is pleased to announce the promotions of Jobeth Billingsley, Victoria Seamans, and Jessica Smith, CPA. All three professionals joined the firm in 2017 as staff accountants. Each now takes on the new responsibilities of senior......
HCJ CPAs & Advisors & Co. is proud to share that Karen Garrett, CPA, Mark Glover, CPA, and Brooke Horvath, CPA recently participated in the Arkansas Society of Certified Public Accountants (ASCPA) Employee Benefit Plans Conference. The conference took place on Thursday, April 25 at......