Beneficial Ownership Information Reporting

In 2021, Congress passed the Corporate Transparency Act with the intent to make it more difficult to hide or benefit from unlawful gains through shell companies or other opaque ownership structures. The law creates a new beneficial ownership information (BOI)...
Exciting Changes at HBC, CPA’s

Exciting Changes at HBC, CPA’s

All great companies grow and change. Today, we announce that we will be saying farewell to long time partner Rodney Jackson. Rodney is retiring and moving on to explore personal pursuits in the areas of real estate development and business. He will also be picking up...

Information on Economic Impact Payments

With the roll out of the Economic Impact Payments, there has been new guidelines established if you have a loved one that has recently passed away prior to receiving the Stimulus check. According to the Internal Revenue Service, a Payment made to someone who died...
Legacy Accounting Firm Gets New Name

Legacy Accounting Firm Gets New Name

Led by a group of deeply involved partners, accounting firm, HBC CPA’s has been Washington County’s trusted firm for accounting, assurance, tax, audits, and business consulting. Since 1983, the firm has contributed its expertise to the success of many local...

Tax Reform Legislation Revealed

On Thursday, November 2, The House Ways and Means Committee unveiled a draft of the tax reform legislation. The Tax Cuts and Jobs Act includes provisions listed in the Republican’s September tax reform and includes new details. The tax reform bill would allow a...