Resources at Bankler Partners

At Bankler Partners, we take pride in the measurable impact our work has on closely held and family-owned businesses. Our Client Spotlights feature real success stories that showcase the depth of our services and the long-term partnerships we build with our clients.

Upcoming

Bankler Events

Join us for webinars, in-person workshops, and more.

XPX
Annual Summit
Join us at the 2025 XPX Annual Summit — a half-day gathering of business advisors, owners, and professionals focused on growth, succession, and value creation….
9/18/25
Mix & Mingle Happy Hour
An exclusive, invitation-only gathering following the open house — designed for select guests to connect with the Bankler Partners team in a more intimate setting….
Exit Planning Dinner Seminar
TBA – Exit Planning Dinner Seminar A private, invitation-only dinner event focused on strategic exit planning for business owners. Details to be announced….

Upcoming Deadlines

We provide updated deadlines and alerts to help you stay compliant.

August 15 – Texas Franchise Tax Report Deadline
Franchise tax reports are due for entities that received over $10,000 in total tax payments during the prior state fiscal year. If this applies to your business, ensure your report is filed by this date to remain in good standing with the Texas Comptroller.

September 15th – Tax Returns Due
Extended Partnership Tax Returns Due 
Extended S-Corporate Tax Returns Due 
Individual Tax Return Quarterly Estimated Payment Due 

September 30 – Extended Fiduciary Tax Returns Due
This is the final deadline for fiduciary income tax returns (Form 1041) on extension. Trusts and estates that filed for an extension must submit their completed returns by this date to avoid penalties.

The Bankler Report

The Bankler Report updates clients and business associates about time-sensitive issues related to tax law changes, important Department of Treasury regulations and other hot topics. This website contains a collection of these previously issued special articles and will publish updates when new time-sensitive issues arise.

The One Big Beautiful Bill Domestic Business Summary

On July 4, 2025 President Trump signed the One Big Beautiful Bill (or OBBB) into law. The following is a brief discussion of the domestic business portion of the new law:

On March 27, 2020, just a few hours after passing the US House of Representatives, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This report deals primarily with Individual provisions.

Last night, both houses of Congress overwhelmingly passed the COVID relief bill, which was included in the massive Consolidated Appropriations Act, 2021. President Trump indicated that he would sign this legislation when it comes to his desk.

September 30 – Extended Fiduciary Tax Returns Due
This is the final deadline for fiduciary income tax returns (Form 1041) on extension. Trusts and estates that filed for an extension must submit their completed returns by this date to avoid penalties.

In January 2021, the Corporate Transparency Act (CTA) was enacted as part of the National Defense Authorization Act (NDAA). On December 7, 2021, proposed regulations were issued by the Treasury’s Financial Crimes Enforcement Network. The Final Regulations, which consist of 330 pages, were released on September 29, 2022. Below is a quick summary of the major provisions

Effective for tax year 2021: On January 18, 2022, the IRS posted revised instructions for schedules K-2 and K-3 for filers of Forms 1065 (Partnerships and LLC’s taxed as Partnerships), 1120s (for S Corporations), and 8865 (Returns for US Persons with Respect to Certain Foreign Partnerships). These new schedules apply to pass-through entities and their partners and shareholders that have “items of international tax relevance.”

In January 2021 The Corporate Transparency Act (CTA) was enacted as part of the National Defense Authorization Act (NDAA). On December 7, 2021 proposed regulations were issued by Treasury’s Financial Crimes Enforcement Network. Below is a quick summary of the major provisions.

The US House of Representatives has passed the Build Back Better Bill. This bill now goes to the US Senate, where it will likely be changed. Below is a quick summary of the major provisions of the bill…

The legislative text of the House Ways and Means Committee was released on September 13, 2021. This is the Committee’s starting point in the legislative process. When or if passed, the actual law will probably differ significantly from this proposal. Below is a quick summary of the major proposals.

Let's Talk

Let’s take a look at your finances together. We offer a complimentary 1-hour call to review your past tax returns. If we see a way to help you, we will.

Blogs and Articles

Insights From the Field

Stay informed with our latest blog posts and timely articles.

Working on Vacation: Tax Tips and Implications 

Working remotely during a vacation or business trip can offer flexibility, but it also brings unique tax implications. It’s important to understand where business deductions...

Working on Vacation: Tax Tips and Implications 

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$125,000 Business Inventory Tax Exemption Heading to Texas Voters

$125,000 Business Inventory Tax Exemption Heading to Texas Voters

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Beware of Modern Ponzi Schemes

We’ve entered a new era of Ponzi schemes. A record number of the scams have been estimated in 2023 alone, an amount that doubled in...

Beware of Modern Ponzi Schemes

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Bankler Partners, LC, Expands into a New Name and Space

This is a pivotal moment for our firm. The transformation to Bankler Partners and move to our new, modern space represents our dynamic growth and...

Bankler Partners, LC, Expands into a New Name and Space

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Digital Assets and Your Taxes

You may have reveled in the Wild West days of cryptocurrency and other digital assets, but we’re entering an era of meticulous record keeping and...

Digital Assets and Your Taxes

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The Goldilocks Rule for Tax Withholding

If you’re like half of Americans this year, you are more dependent on your tax refund to pay for necessities than you have been in...

The Goldilocks Rule for Tax Withholding

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How Inherited Assets Affect Your Taxes

Inheriting assets can be a financial blessing, but it also raises essential tax questions that many heirs overlook. How you manage those assets can have...

How Inherited Assets Affect Your Taxes

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Getting Hit by Someone Else’s Bankruptcy

Finding out that another business or individual who owes your business money has declared bankruptcy can feel like a kick to the stomach....

Getting Hit by Someone Else’s Bankruptcy

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Welcome to Texas: Cutting Tax Ties with Your Previous State

San Antonio is currently one of the fastest-growing metro areas in the nation. If you’re among our new residents, welcome! Before you enjoy the tax-friendly...

Welcome to Texas: Cutting Tax Ties with Your Previous State

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Reaching the Unreachable IRS

Reaching the IRS has always been challenging. With the IRS workforce reduction continuing, many believe your odds of reaching a warm body to resolve a...

Reaching the Unreachable IRS

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How Is Costco Gold Taxed?

Gold, silver, and other precious metals have emerged as standout assets in today’s unpredictable economy due to their ability to remain somewhat independent from stock...

How Is Costco Gold Taxed?

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Yes, You Do Still Have to File Taxes

Early filing numbers are measurably down this year, data security concerns are high, and IRS staffing is in disarray. But if you’re considering scrapping it...

Yes, You Do Still Have to File Taxes

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Retirement Plan Perks for Texas Small Businesses

Retirement Plan Perks for Texas Small Businesses

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The

Bankler Report

 Featured Resource

Our quarterly report offers deep dives into trends, tax strategy, and business planning.

Testimonials

I’ve worked with a lot of CPAs, and the common theme is that CPAs are not typically proactive. The Bankler team is different in that respect. They’re always considering newer and better ways of doing things. They have a holistic approach that I really respect.”
Stone Oak Wealth Management
“What I love the most about the Bankler team is that we can count on them to get things done. It gives us the time to do what we are good at,”
Sunshine Medical Uniforms
“Their proactive approach and creative advice have been game-changing. The Bankler team helped us with restructuring and tackling complex tax challenges in ways no one else has.”
Mergeworks
“The Bankler team has been 100% great with us. They’re professional in every manner. I’ve been able to sit in a room with other clients at their events over the years, and it’s just remarkable what a warm community and giving team they’ve built.”
Concepts Construction
“With the Bankler team, you’re not left wondering what to do and hoping they return your call.”
Magnolia Pancake Haus