Mar 6, 2025
Is a semi-retired parent lending your business a hand? Are your spouse or children on your payroll? Is one heir more active in the business than another? Let’s look at how the IRS treats family-member employees in these situations. Considerations for Spouses We know...
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Feb 25, 2025
The January 1, 2024, Texas franchise tax filing season was the first for some business owners to avoid paying or even filing a “no taxes due” form. The Texas franchise tax exemption has doubled, allowing up to $2.47 million of an entity’s total taxable revenue...
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Feb 13, 2025
We’re mere weeks into 2025, and nothing at the federal level has been left unhinged. That includes the IRS. What does that mean for the current tax season? Some experts are venturing guesses: Parts of the IRS playbook are unavailable. Parts of the Internal Revenue...
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Jan 28, 2025
Reducing taxable income not only helps you retain more of your hard-earned money, but it’s also one of the best ways to find savings that can be reinvested in your business. This month, we wanted to step back to overview the most basic ways small business owners can...
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Jan 21, 2025
Scammers are working overtime to separate honest taxpayers from their hard-earned money. These fraudsters are getting more sophisticated, moving beyond the obvious email phishing attempts to elaborate schemes that can fool even financially savvy individuals. Learn to...
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Dec 10, 2024
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 consideration during the planning process because they can financially impact the...
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