PHOCUS NEWS & PRESS
Important News & Documents to Keep You Up-to-Date
2023 EMPLOYEE RETENTION TAX CREDITS (ERTC)
If you haven't yet explored the Employee Retention Tax Credits (ERTC) here are the quick facts...
2023 NEW BUSINESS START UP PACKAGES
Starting a new business is an exciting time, however it can also be quite stressful. These...
ARIZONA STATE TAX CREDITS 2023
Many of our clients and friends routinely ask us how to utilize the State of Arizona tax...
The Winds of Market Change
By Michael J. “Mick” McGirr, Esq. This past week I had the great pleasure of teaching a class...
Litigating Your Dispute – Lost Money or Not?
Litigation – a word almost nobody likes to hear aside from a small pocket of lawyers who like...
Subject-To Transactions: Nuts and Bolts
By: Michael J. “Mick” McGirr, Esq. Times they are a-changin’. Well, Bob Dylan had that mostly...
You Gotta Keep ‘em Separated
By Michael J. “Mick” McGirr, Esq., Phocus Law I did not make the title of this article a line...
What Role Should a Trust Play in Business and Investing?
By: Michael J. “Mick” McGirr, Esq. Originally published in the March 2021 AZREIA Newsletter....
Who Else Has a Right to Your Land?
This article was originally printed in the Arizona Real Estate Investor Association monthly...
Investment Properties in HOAs
Perhaps more than any other state, Arizona is rife with homes that are located within...
2022 ENGAGEMENT UPDATE AND IMPORTANT DATES
We are in the process of completing everything necessary...
4 BEST PRACTICES FOR SUBMITTING YOUR TAX PAYMENTS
This year has presented itself with a new challenge with taxation authorities: Proper...
2022 Engagements On The Way!
Good Morning and Happy Thanksgiving week! We are hard at work preparing for the coming year and...
NEW LLC OPERATING AGREEMENTS RECOMMENDED
If you have a business formed as an LLC and have not yet updated your operating agreement,...
Get it in Writing
Arizonans love to do things the old-fashioned way. If I had a dollar for every time a client...
How do I Avoid Probate?
As an estate planning lawyer, I have the benefit of talking with hundreds of people about their...
Eviction Moratorium: Does the Federal Government Have the Authority to Keep You From Evicting Tenants
BY: SAM RICHARDSON, ESQ. One of the issues that just won’t seem to go away is the notion that...
The Essentials of the Most Common Business Contracts
Phocus Law attorneys Mick McGirr and Michele Leonelli presented to CO+HOOTS on a topic that is...
Bad Boys And Burn-Offs
This article was originally published in the August, 2021 AZREIA (Arizona Real Estate Investors...
Legal Considerations for Every Young or Growing Business
Mick McGirr and Michele Leonelli presented at the Arizona Commerce Authority Small Business...
Start Me Up!
So you’re starting a business or making an investment. You’ve got that great idea, and you want...
CHILD TAX CREDIT ADVANCED PAYMENT OPT OUT IS AVAILABLE
The IRS has announced that the portal for opting out of the advanced payment system for 2021...
DEADLINE FOR TAX INFORMATION FOR RETURNS ON EXTENSION
As we are rapidly approaching the extension deadlines, we wanted to remind you about our...
Shared: Five Big Upcoming Supreme Court Decisions
We just wanted to share this in case anyone was wondering what the Supreme Court is up to these...
ADVANCE CHILD TAX CREDIT PAYMENTS – WHAT YOU NEED TO KNOW!
The IRS has started to mail out notification letters regarding the new provisions of the...
The AZREIA Show Podcast ft. Phocus Law
Phocus Law was on the AZREIA Show podcast. If you want to get to know us and hear a few...
How Your Business Structure Impacts Your Real Estate Investment
This article was originally published in the June, 2021 AZREIA (Arizona Real Estate Investors...
BREAKING NEWS — TAX DEADLINE EXTENDED
Just this morning, the Internal Revenue Service has announced that the individual income tax...
IMPORTANT DATES FOR THE REMAINDER OF 2021
Today, March 15, 2021 is the the S Corporation and Partnership filing deadline before...
AMERICAN RESCUE PLAN ACT OF 2021 WHAT YOU NEED TO KNOW!
It has been a very busy week this past week for our federal government. This past Thursday, the...
PAYROLL PROTECTION PROGAM LOAN UPDATES
For those of you with first round funding from 2020, we had been advising you on waiting to...
Stimulus benefits and your 2020 taxes: What to know
Some benefits are taxed, but others are not
Stimulus checks and your 2020 taxes: All the important things you need to know
Your taxes can determine the size of your second -- and possibly third -- stimulus payment. With tax season 2020 starting soon, we tell you all you need to know.
5 Ways to Prepare for Higher Taxes Under President Biden
Will you be affected by tax changes in the future? Growing national debt, changes in Washington, and new policies on the horizon could impact you more than you might think. Here are five ways to prepare for higher taxes in the future.
Do you need to claim stimulus check money? Why you need this IRS letter first
The IRS was supposed to send you a letter about your stimulus payment, which you'll need to claim any missing money. Here's what to do if you can't find it or threw it away.
PAYROLL PROTECTION PROGRAM LOANS – NEW LOAN OPPORTUNITIES!
With the signing of the Consolidated Appropriations Act, 2021, there are new opportunities that...
PAYROLL PROTECTION PROGRAM LOAN UPDATE – The President Signed the Bill!
Good afternoon! Late yesterday, President Trump signed the new Coronavirus Aid package into...
Stimulus Package Part 2
Our sister-firm, Phocus Accounting, came through with a quick rundown of the new bill you've...
PAYROLL PROTECTION PROGRAM – BREAKING DEVELOPMENTS!
Good Evening! Great news coming from Congress today. Negotiations on Capitol Hill are pending a...
PAYROLL PROTECTIN PROGRAM – NEW DEVELOPMENTS
Just yesterday, a bipartisan proposal in congress has taken shape to potentially become a...
PAYROLL PROTECTION PROGRAM UPDATE
A few things to share with you all as it pertains to the current situation with the PPP Loan...
NON EMPLOYEE COMPENSATION REPORTING CHANGES FOR 2020
Good Evening business owners! Some important news to share and make you aware of that may...
PAYROLL PROTECTION PROGRAM UPDATE
As of today, congress has yet to present legislation to repair the glaring taxation burden that...
PPP Forgiveness: Taxable – For Now
Over the last few months, we have instructed many of our clients that, even when their banks...
PPP Fraud is No Joke
Another day, another dummy. It seems that every day there’s a new story like the one linked...
Simplified PPP Loan Forgiveness Application!
The SBA has released a new, streamlined, and simplified forgiveness application for borrowers...
PAYROLL PROTECTION PROGRAM TAX PLANNING ALERT
As of today, congress has yet to present legislation to repair the glaring taxation burden that...
Payroll Protection Program Updates
On August 24th, a new set of interim rules were published for the Payroll Protection Program....
Learning Pods for Children
COVID-19 has disrupted many facets of our lives. Chief among them have been our education...
Payroll Protection Program Updates
As I am sure you have seen in the news, while the frequency of changes to this program have...
Payroll Protection Program Updates
Program Extension Earlier this week, Congress passed legislation that extends the application...
Payroll Protection Flexibility Act
The President signed this bill on June 4th, 2020 that modifies some crucial parts to the...
Welcome Back!
WELCOME BACK! All of us at Phocus Companies sincerely appreciate your business and hope that...
PPP LOAN UPDATES
CONGRESSIONAL ACTION TO ENACT THE PAYCHECK PROTECTION FLEXIBILITY ACT The US Senate unanimously...
PPP LOAN URGENT UPDATES – PLEASE READ IMMEDIATELY!!
On Saturday the SBA released the application for forgiveness for Payroll Protection Program...
PPP Forgiveness Summary
In order to for your Paycheck Protection Program (“PPP”) loan to be forgiven by the Federal...
STIMULUS AND CLIENT SERVICE UPDATES
Stimulus Update We have learned that after Wednesday, May 13, 2020, the Internal Revenue...
PPP Loan Updates, Info for Self Employed, and more!
Paycheck Protection Program Loan Funds Still Available As of today, there are still PPP loan...
PPP?? EIDL?? CARES?? What are the Next Steps?
Featuring our very own Seth D. Fink, CPA, this video takes a deep dive into changes and next...
KTAR News Interview – 5/5/20
Still wondering where your stimulus check is? Seth D. Fink, CPA and Phocus Companies firm...
Paycheck Protection Loan Update – THERE IS STILL TIME!!!
As of this morning, less than $200 Billion was allocated out of the additional $310 Billion...
Paycheck Protection Program Loans and Forgiveness – What’s Next!!!
The great news for so many of you is that the second round of PPP funding appears to be quite...
Payroll Protection Program Loan Submission Updates
As expected, the system for submitting the second round of Payroll Protection Program Loans has...
Senate Approves additional Small Business Funding
Yesterday, the US Senate approved an additional $370 Billion in funding to be administered...
SBA Lending and Other Opportunities
In these truly crazy times as a business owner, there is so much confusion about what to do,...
SBA LOAN PROGRAM UPDATE
Yesterday, the Small Business Administration announced that funding for both the Paycheck...
Stimulus Checks: Questions Answered
Many people still have unanswered questions regarding the COVID-19 stimulus checks that started...
SBA Updates and Payroll Protection Program Loan Support Package
The past months have been an extremely trying time for all of us. It makes no difference what...
Internal Revenue Service Service Update
According to the IRS, operations during the COVID-19 pandemic continue their "mission-critical...
Attorney at Phocus Law is named among 2020’s Southwest Super Lawyers Rising Stars
Phocus Law is pleased to announce that Mick McGirr has been named to the 2020 Southwest Super...
Arizona Unemployment: Questions & Answers
Per the Arizona Department of Economic Security, "You must meet specific requirements for wages...
Client Service Update
In response to the current health concerns over COVID-19, we are suspending in person...
SBA and PPP Loan Critical Updates
There continue to be changes coming in regarding the loan programs that really cannot wait...
CARES Act and Other COVID-19 Provisions Explained
CARES Act and Other COVID-19 Provisions Explained Due to an overwhelming volume of inquiries...
Paycheck Protection Program – Loan Information and Application
"The Paycheck Protection Program prioritizes millions of Americans employed by small businesses...
CARES Act and SBA Loans
With the passing and signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES...
Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
The passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES) on Friday...
Labor & Employment Law Special Briefing
"The phase two bipartisan effort to provide much-needed relief for employers and employees...
Attention: Maricopa County Property Owners
Maricopa County Treasurer Royce Flora Asks Legislature to Extend Property Tax Payment Deadline...
IRS unveils new People First Initiative
"To help people facing the challenges of COVID-19 issues, the Internal Revenue Service...
Families First Coronavirus Response Act Resources
While COVID-19 has undoubtedly had a huge impact on public health, there is an even bigger...
Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic
The Internal Revenue Service has announced they are permitting both the FILING and the PAYMENT...