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Finance and Investing Parsons CPA SPACs

Stock Market New Year: The Year of the SPACs?

What is a SPAC?  A SPAC is a special purpose acquisition company (SPAC) with no commercial operations that is formed strictly to raise capital through an IPO (see definition below article) for the purpose of acquiring an existing company. Also known as a blank-check company. SPACs provide private companies with a non-conventional (becoming more conventional) […]

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Tax Filing and Tips Tax Relief

2020 Tax Deadline Changes, Penalties and Interest

FEDERAL INCOME TAX FOR INDIVIDUALS DUE MAY 17, 2021 The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming […]

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Advisory and Business Consulting Finance and Investing

Service and Security: Two of Cryptocurrencies’ Main Benefits

In a deeper glance into the specifics of cryptocurrency, we begin to see that there is much more to unravel and explain than originally meets the eye. In our last cryptocurrency related post, we briefly discussed the current relevance of cryptocurrency and why it has been gaining so much ground recently, but what information is […]