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(980) 221-1834
Email us
admin@pruscpa.com
CALL US

(980) 237-1714

Email us

justin@pruscpa.com

Friday 09:00 - 15:00

Mon - Thu 09:00-17:00

Estimated Reading Time: 55 seconds

For those of you who bemoan your credit score, FICO, the company that everyone recognizes as behind that magical number is making some changes! FICO is calling this the “UltraFICO Score” and damn if it doesn’t sound sexy.


This “UltraFICO” item will be customized to include just the banking information that you choose to share and will have ability to move you up (or down!) the credit score rankings. Per a former employee of FICO and Equifax, John Ulzheimer, “It’s like combining peanut butter and chocolate.”

Let’s take a moment of silence for the large part of the US population that has peanut allergies and won’t be able to enjoy this metaphor or any benefits of the “UltraFICO” credit score. More details and a continuation of John’s quote from USA Today.

The Employee Retention Credit (ERC)

The Employee Retention Credit (ERC)

The Employee Retention Credit (“ERC”) has had some upgrades and retrofits to some of the basic calculations with the most recent (12.27.20) CARES Act changes.

Good Riddance, 2020

Good Riddance, 2020

What is new in 2021? Meals in 2021 are once again 100% deductible, the next round of PPP funding is coming and the Employee Retention Credit (ERC) has been changed.

What Tax Breaks Changed From 2018?

What Tax Breaks Changed From 2018?

Congress extended some of the tax breaks retroactively to January 1, 2018. They now expire on December 31, 2020. Learn more about tax breaks that have been extended.

Dear Client, I have good news!

Dear Client, I have good news!

Since we now have less than 90 days left in the year, kindly keep me apprised of when you expect the major revenue collections to be during the next few weeks and we can adjust accordingly.

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