Steven Bankler, CPA, Ltd. Celebrates 45th Anniversary
Steven Bankler, CPA, Ltd. celebrated 45 years in business with an Anniversary event at Biga On The Banks Restaurant in San Antonio. Family, friends and clients attended to share in the celebration. [foogallery id=”4135″]
Partnerships Are a Tricky Business
Small business ownership can be daunting when you’re alone at the top. That’s why many entrepreneurs consider forming their businesses as equal partnerships between two or more owners. However, these business structures can be uniquely affected by relationships, taxes, and other factors. An equal partnership can be a great idea until it isn’t. Perhaps the […]
When Did Your Employees Last Update Withholding?
Did you or your employees receive a surprising tax bill last year? The new W-4 that was released in December 2019 could be the cause. Additional factors this year could exacerbate the problem. Only about 1 in 4 American taxpayers updated their withholding when the IRS released the new W-4 in 2019. Going back another […]
Sharing the Love with DAFS
Donor-Advised Funds (DAFs) have catapulted in popularity. If you’re still unsure what they are but give generously to charitable organizations, it’s time to understand their immense tax-saving potential. The National Philanthropic Trust reported an increase across the board for DAF activity in 2021. Grants from DAFs to qualified charities increased 27% compared to 2019, and […]
It’s Time to Tell the IRS About Your Crypto
Cryptocurrency went from being largely unregulated and untaxed to being one of the most closely watched taxable activities practically overnight. Have you dabbled in it? By now, 16% of Americans have invested in, traded, or used cryptocurrency. It was huge in 2021—and even with its volatility, if you held investments in it, you likely made […]
New Rules of Construction Accounting
If you’re a reputable construction contractor, there’s no doubt you’re precise with measurements, equipment, project timelines and other aspects of the business. But bookkeeping? Accounting? Tax strategies? Those areas aren’t likely in your wheelhouse…. Click To View