Fears Cicora & Associates CPAs

For todays #TaxTuesday, checkout this clip from last week's show where we sat down with CPA Joshua Cicora to learn more about what deductions can be claimed when filing your 2020 taxes. Watch this full Retire Hour episode here: https://retirehour.com/index.php?cID=279

Tax season is almost here, LOL

For 2020 moving expense deductions have been eliminated for all taxpayers except active members of the Armed Forces that are moving due to a change of orders. #yearend #taxtips #CPA #incometax #2020taxes #wrapup #taxservices #IRS #moving #deductions

Many people think that paper filing can be safer, but what you may not realize is you could be placing yourself at an increased audit risk. https://www.youtube.com/watch?v=hvi0W82yEZM #taxtips #taxpreparation #taxes #unclesam #IRS #cpa

Are you familiar with the IRS Identity Protection PIN? This is an additional step that can be taken to protect from identity theft. This program was started for victims of fraud or theft but is being opened to everyone in phases. Visit https://www.irs.gov/identity/get-an-identity-protection-pin or talk to our CPAs to learn more. #safety #security #identityprotection #fraud #theft #taxreturns #SocialSecurityNumber #education

If you extended your Tax return in July, you have one week to get it finalized! #taxes #deadline #extensions #taxpreparation

There is an easier way to keep track of non-cash contributions! Also, have you heard of the Cares Act and how it will effect your returns this year? Check out Retire Hour for even more tips.

Our CPAs know how to have "fun"

"I don't know about you but I think zero is about the best tax rate to pay."

Exciting NEWS!!! Fears Case-Harmon & Assoc, LLC has grown since we began in 2005 and we are branching out into NEW ventures. On 7/1/20...... Denise Fears will be joining with Market Tax Services to become Fears Cicora & Associates CPAs at 14400 East 42nd Street So, Suite 200, Independence, MO 64055 PH# 816-790-7454. Cindy Case-Harmon will become LR Case-Harmon & Co CPA, LLC at 4014 So Lynn Ct Dr, Suite A, Independence, MO 64055, PH# 816-886-2054. PLEASE NOTE our current phone # 816-373-8988 and emails will still be routed to our new businesses for your convenience as we transition!!

PLEASE NOTE: Fears Case-Harmon & Assoc LLC will be closed Monday 6/29 and Tuesday 6/30 as we prepare to open on 7/1/20 in our new ventures. Denise Fears and Donna O'Brien can be reached at Fears Cicora & Associates CPAs at 14400 East 42nd Street So, Suite 200, Independence, MO 64055 PH# 816-790-7454. Cindy Case-Harmon, Wanda Sudduth and Rylie Chandler can be reached at LR Case-Harmon & Co CPA, LLC at 4014 So Lynn Ct Dr Suite A, Independence, MO 64055, PH# 816-886-2054.... PLEASE NOTE our current phone # 816-373-8988 and emails will still be routed to our new businesses for your convenience as we transition!! #FCAcpaPRO #EXPANSION #NEWventures

Happy Father's Day to all the Dads, Granddads, Father Figures, and Mom's who are also Dads :) WE LOVE and APPRECIATE you ALL!!! #FCAcpaPro #HEROESwithORwithoutCAPES

Another COVID law?? COULD BE... The "Paycheck Protection Flexibility Act" sometimes referred to as the FLEX act may soon become law!!! It was passed by the House last week (5/28) and the Senate last night (6/3) and is now heading to the President for signature (maybe even today)... I have been reviewing the actual text (HR 7010) this morning as well as reliable sources on interpretation of the proposed law If the President signs it, the biggest positives are as follows: 1) 24 Weeks to use PPP funds received instead of 8 weeks. 2) 60% of use required for wages instead of 75%. 3) Some easing of the requirements for maintaining the number/compensation of employees. All of which will likely help businesses who have received a PPP loan to maximize their forgiveness . As with much of the COVID legislation, changes may continue to occurand as I have since early March, I will continue to keep you updated. #FCAcpaPro #LOANforgivenessCHANGES #REOPENINGassistance #RecoveryHELP