We know that a lot of tax return changes are coming this year. Just about every one of our clients can take advantage of at least one of them. Those of you thinking of buying a new car this year should know the answer to: What is the Trump New Car Tax Deduction. 1. Who […]
Each and every year sees many tax returns get filed, and some of those get rejected. Not to worry as many reasons exist for this. Below we will answer the question: what do I do if my tax return is rejected? 1. Why Did My Tax Return Get Rejected? There are a multitude of reasons […]
You may be itching to get those tax returns in ASAP. This goes double for those of you expecting a refund. However, you should not file before January 31 in most cases, as that is the deadline for all your business partners to send any tax forms. But if you can’t wait, here are 5 […]
We’ve all heard the Trump administration’s promise on no tax on tips. But if you are earning tips right now, you probably want to know the first steps to doing so. Below, we will show you how to pay no tax on up tips in an amount up to $25,000. How No Tax on Tips […]
We have all heard about the new bill passed by the Trump administration, both good and bad. But how does it affect us in Texas and the real world? Below are 3 tax changes in the Big Beautiful Bill you need to know. What is the Big Beautiful Bill? Also known as Public Law 119-21, […]
Now that tax time is officially over, we can all exhale. But sure as death, another one is on the way. Make next year less stressful by following these 6 bookkeeping tips for after tax time. 1. Did You File by April 15? Those of you who have not filed have lots of reason to […]
We hate it when our clients or even citizens are subject to a scam. Which is why we share all instances with our readers to help them avoid it. Today’s scam has to do with a dishonest tax prepper and how a bookkeeper can destroy your business.
It’s that time again. Whether you own a business, work for someone else, or file as self-employed, it is time to file. However, you still have reason to file as soon as you can, even if you owe the IRS money. Below we will share why you should file your 2025 tax return ASAP.<!—more—> 1. […]
We love to share our know how to help our clients make the most of their tax return. However, we often notice how little some of them know about all the credits and deductions available to them. Below we will answer if you are missing out on $5,000 in your 2025 tax preparation. <!—more—> 1. […]
New year means new tax information and criteria. To help you out, we have these 5 tips for tax preparation in 2025. Keep in mind these are not the numbers for when you complete your 2024 taxes next year, but when you do them in 2026. 1. Be Aware of the New Tax Brackets We […]