Archive for the
‘Tax Preparation & Tax Return’ Category

It’s almost time for the most dreaded days of the year: 2018 Tax Day. It is scheduled for this Tuesday, April 17, 2018. The 15th falls on a weekend, so we get an extra two days. It doesn’t have to be all bad. Many businesses offer tax day freebies to help ease the pain. We’ve […]

It’s that time again when individuals and business gather their documents and head off to an accounting firm to get help in preparing their Houston tax return. And while we’ve previously discussed tons of bookkeeping tips, we decided to give a little tutorial for those of you who use any schedule forms when filing taxes. […]

Depending on how you’ve been paid throughout the year, this just might be the time of year when you gain a windfall in the form of a tax refund. The size of these checks varies by state and income, but nearly 8 out of 10 Americans will receive one. The average refund for 2017 was […]

In continuing with our series on Tips You Must Read Before Donating to Charity we are sharing some final hacks and thoughts on how you donate spend your hard earned dollars. Our feeling is charities should work as hard to earn and responsibly spend their donations as you do. So with that in mind, check […]

Last week, we discussed 3 Tips You Must Read Before Donating to Charity as part of our Houston Bookkeeping tip series. We shared the issue with phony charities, the basics of giving, as well as how charitable giving affects your taxes. This week, we will continue in that thread to show you how to make […]

According to the IRS, an organization qualifies as a charity if 35% or less of its income goes to administrative expenses such as salary and operating costs, with the remaining 65% going to the cause they claim to support or fight. With over 1.1 million charities in the United States alone, it can be confusing […]

Unfortunately, the new tax law will not affect the taxes you file this year, aka your 2017 taxes. The new law will go into effect for this year’s taxes in 2018. You may see an immediate uptake in your next paycheck, as your employer may adjust for lower rates. The new lower rates only apply […]

As part of our Ask a Houston Bookkeeper series, we are going to answer one of the most commonly asked questions this time of year. It is simply: when will I get my tax refund? Those of you who are due back a sum will be in the midst of anticipating your check. We will […]

It’s that time of year again. The beginning of a New Year brings promise, as well as the prospect of filing your business taxes. We have a new tax bill, but it does not go fully into affect until tax year 2018. In the meantime, we are here for those of you who need help […]

It’s never easy to do your own taxes even as software becomes more user friendly with each passing year. Financial status grows to become more complex as you age, buy a house, get a promotion, invest, start a family, etc. As each scenario adds a level of difficulty to your finances, so too it effects […]