Blogs

Tax season – a time for potential refunds, but also a prime target for criminals. They see an opportunity to exploit the flurry of tax filings by stealing your Social Security number (SSN) and filing a fraudulent return to claim your hard-earned refund. The worst...

As we step into the new tax year, the Internal Revenue Service (IRS) has unveiled a series of modifications that will influence various aspects of your tax planning. From standard deductions to marginal tax rates and an array of credits, here's a breakdown of the key...

Owning rental property can be a lucrative venture, providing a source of passive income and potential long-term financial growth. However, along with the rewards come responsibilities, and one significant aspect that landlords in Texas must be mindful of is the tax...

Supporting your parents as they age is a common situation, and sometimes, that support extends to their finances. If you live in Texas and provide significant financial assistance, you might be eligible to claim them as dependents on your federal tax return. This can...

When it comes to taxes, businesses operating in Texas have more than just federal income tax to consider. The Texas Franchise Tax, sometimes referred to as the "margin tax," is a key component of the state's tax system. Understanding this tax is essential for...

For Texas residents, filing federal income tax returns for tax year 2023 follows the same general deadlines as most other states. This article provides a clear overview of when you can file your taxes in Texas and offers additional considerations to ensure a smooth...

As tax season approaches, it's crucial to approach the filing process with care and attention to detail. Making mistakes on your tax return can lead to financial headaches, potential audits, and missed opportunities for deductions or credits. To ensure a smooth and...

While Texas boasts a business-friendly environment with no state income tax, significant life events can still have a profound effect on your tax obligations. Understanding these implications allows for informed financial decisions and potentially significant tax...

As another tax season rolls around, it's time to gather your tax documents and prepare for the annual ritual of filing taxes. While the process can seem daunting, having the right forms and information at your fingertips can make it much smoother. In 2024, as in...

For Texas homeowners, property taxes can be a significant expense. Luckily, the state offers a valuable tool to help ease this burden: the homestead exemption. But what exactly is it, and how can you benefit from it? This blog post delves into the details of the Texas...