Property Tax

Small business get tax relief in Texas Property Tax Reform

Small Business, Tax, Texas Franchise Tax /

If you haven’t been following the Texas legislature, and I wouldn’t blame you if you haven’t, they just concluded their second called Special Session on July 14, 2023. Special sessions can only be called by the Governor and are limited to topics that the Governor lists in his announcement calling the sesssion. This time the […]

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IRS issues proposed rules for charitable contributions made in exchange for state or local tax credits

Tax /

The IRS issued proposed regulations on the tax treatment of charitable contributions made in exchange for state and local tax credits.  In other words, this is when you make a charitable contribution and your state or local taxing authority gives you a credit against your taxes.

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