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The IRS is warning employers to be wary of third parties advising them to claim the Employee Retention Credit (ERC) when they may not qualify. “Businesses are encouraged to be cautious of advertised schemes and direct solicitations promising tax savings that are too...
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It’s an exciting time to be a San Antonio entrepreneur—new and seasoned alike. As businesses in San Antonio flourish, it’s essential not just to grow and thrive but to protect and preserve with smart tax-saving moves. San Antonio’s startup scene is booming, with tech...
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A viral infographic showing how Texans pay more taxes than Californians has raised eyebrows across the state. Even Beto O’Rourke drudged it up in a recent tweet. The Houston Chronicle says it’s true, the Tax Foundation says it’s not, and the San Antonio Express-News...
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Once Patagonia founder Yvon Chouinard announced that he’s giving away the corporation’s wealth to fight climate change, experts started crunching the numbers. Turns out the donations could save him and his family over $1 billion in taxes, in addition to being able to...
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There’s no doubt you’ve spent at least a moment worrying about the $80 billion funding boost the IRS just received as part of the Inflation Reduction Act. Should you be worried about increased audits? Possibly. For most taxpayers, however, the infusion won’t be...
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There’s talk that the IRS is more proactively tracing how unpaid payroll tax money is spent during trust fund recovery investigations. The outcome? Potentially, it’s a swifter handover to the IRS Criminal Investigation Division for criminal prosecution. Bloomberg Tax...
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