Blog
Weighing Taxes When Selling Your Business
Every small business owner must make an exit at some point. It’s an inevitable fact. In many of these cases, it involves selling the business, whether it’s to a new buyer, employees, the next...
Small Business Merger Tax Considerations
A small business merger can increase the market and financial power of everyone involved, but it takes strategic foresight for such a move to be successful. Taxes are a significant...
Charitable Giving & Your Taxes
We know charitable giving is on your mind. We love that about you! Make the most of it this season and all year long with our charitable contribution tips. Total giving among Americans is...
Bankler’s Year In Review
We don’t usually talk about ourselves on this blog, but it’s been a fantastic year, thanks to our employees and clients. We just had to share our gratitude and tie it back to what it means for...
What Tax Cuts & the Economy Might Look Like in 2025
With Donald Trump’s return to the White House and Republicans gaining control of Congress, significant tax cuts and economic changes appear to be on the horizon for 2025. Let’s look at what we...
Texas Franchise Tax Reminders
The Texas franchise tax exemption nearly doubled to $2.47 million in 2024, and many businesses are breathing a sigh of relief. But we’ve noticed some confusion about who qualifies and what...
Corporate Transparency Act & Your Beneficial Ownership Obligations
You’re not a crook, but the federal government isn’t just going to take your word for it. That’s why the U.S. Corporate Transparency Act (CTA) was conceived. With the CTA’s new beneficial...
Falling Interest Rates and Your Small Business
The Federal Reserve has begun lowering interest rates for the first time in four years. Is it a game changer for small businesses? Is it too early to tell? Here’s what history and current...
Beware of Offer-in-Compromise (OIC) Scams
The IRS Offer-in-Compromise (OIC) program can be a great opportunity if you owe the IRS money you don’t have. However, some scam artists are getting in on the action and “selling” OICs that...
7 Reasons to Itemize Deductions
There’s good reason 90% of taxpayers claim the standard deduction: It more than covers what most Americans can deduct on their own. However, in certain years, some taxpayers may want or need to...