because talking taxes shouldn't be taxing
because talking taxes shouldn't be taxing
OK, we’re past the main 2019 tax return deadlines for individuals and businesses, so you might be thinking there’s no need to think about taxes until next March or April. Actually, the next two months give you a great opportunity to think about 2020 taxes to avoid surprises next year. Taking some time to review […]
How to use Year-End Tax Planning to avoid surprises & help reduce your taxes Read More »
The tax community has been expecting additional Interim Final Rules (IFR’s) for the Paycheck Protection Program (PPP) loans for a long time now. The speed at which these IFRs have been released has slowed down considerably, but, lo and behold, the Small Business Administration has released a NEW IFR today, August 24, 2020. The title
New SBA IFR on PPP Loans Released Today – 8/24/2020 Read More »
UPDATE 8/2/2022 – I’ve created an updated post for the Second Franchise Tax Extensions due on August 15, 2022 for the 2021 report year. You can find it here: Do You Need A 2nd Texas Franchise Tax Extension? UPDATE: The Texas Comptroller has added time to file extended Texas Franchise Tax Reports. If you extended
What you need to know about the Second Texas Franchise Tax Extension Read More »
The way taxes are calculated on the sale of a personal residence hasn’t changed in decades. The ability to exclude capital gains of up to $250,000 for singles and $500,000 for married couples is so established that many tax professionals don’t even know it was ever taxed a different way. Maybe it’s time to revisit
Is it time to revisit how we tax home sales? Read More »
If you have a small business, or are an accountant working for a small business, chances are you use a tax professional to prepare your tax returns. Now that we’re in the heart of “Busy Season”, I thought I’d take a moment to talk about the information you send to us and what you can
What tax pros want from their small business clients Read More »