June 19, 2020

On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA). 

Following is a summary of some of the changes that will impact our clients:

You now have 24 weeks. If you received PPP funds, you can choose to extend the 8...

April 19, 2020

STIMULUS CHECKS

Stimulus checks have started to go out.  We have received multiple calls regarding changes to their information – things like changes in marital status, bank account information, addresses, etc.  We have been monitoring the IRS website daily for updates...

March 29, 2020

The month of March has been a busy month for Congress and the President.  Earlier this month, they passed and signed in to law the Families First Coronavirus Response Act (FFCRA) and just yesterday, March 27th, the Coronavirus Aid, Relief, and Economic Security (CARES)...

March 19, 2020

COVID-19

As you  know, we are in uncharted territory with this virus affecting our entire community.  We wanted to inform you of our protocols and processes during this time.

Our offices are open.  We are taking all necessary precautions to prevent the spread of thi...

September 1, 2018

Charitable Donation "Bunching" - Donor Advised Funds

The new tax law (The Tax Cuts and Job Act or “TCJA”) enacted at the end of 2017 raised the standard deduction for married filing joint taxpayers to $24,000 ($12,000 for single).  With this new standard deduction comes...

August 29, 2018

US Supreme Court Overturns Physical Presence Standard for Sales Tax

A recent Supreme Court decision will most likely open the gates for states to charge sales tax on out-of-state sellers. The June 21st decision ruled that the physical presence standard (from Quill v. No...

February 5, 2018

With the new tax law in effect for 2018, the news has been about tax breaks, higher standard deductions, and lower tax brackets in 2018.  There have also been reports about the withholdings for workers dropping so they have more in their paychecks.  This is all good ne...

December 20, 2017


Here at Cornerstone we have been keeping a close eye on the developments in Congress on the tax reforms being proposed.  As it seems more likely than not that something will be passed by both houses and signed this week, we wanted to release a summary of the proposed...

November 1, 2017

Tax deadlines do not have to be stressful. One of our goals as a CPA firm is to not only file your taxes, but to also provide helpful tools and information to minimize the stress often associated with tax deadlines. 1099’s can be confusing, so we have compiled answers...

August 28, 2017

It was a pretty exciting year to have the path of the total eclipse go through the greater Kansas City area. We hope you had a chance to experience this rare event! Some in our office took road trips to get into the path of totality and fun was had by all! 

Changes to I...

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Cornerstone CPA Group, LLC

6420 West 95th Street Suite 202 
Overland Park, Kansas 66212

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Main Phone: 913.381.8350 
Fax: 913.381.7589