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Think the rich don’t pay enough taxes? The Alternative Minimum Tax, or AMT, was intended as a means to ensure that everyone pays a minimum amount of taxes. However, even though the AMT was originally intended as a means to get the rich to pay, it has spilled into the middle and lower class tax […]

With tax season upon us, it’s time for another bookkeeping tip from your Houston accounting pro. It seems that lately, the IRS is FLOODED with calls from individuals, corporations, non-profits, and the like with pressing tax questions. The result? Many can’t get through, and those who do have quite a wait.

Those of you in Houston and beyond have often asked me, “what is the difference between a bookkeeper and accountant?” Although there are many similarities, there are also differences between a bookkeeper and an accountant. So to help everyone out, we’ve collected some of the key differences between a bookkeeper and accountant below.