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Bookkeeping 101 in Fort Worth
Get your finances in shape with this simplified bookkeeping 101 in Fort Worth guide for local business owners who want more control.
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When Partners Pay Expenses Related to the Business

It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships

income-in-respect-of-a-decedent

Watch Out for “Income in Respect of a Decedent” Issues When Receiving an Inheritance

Most people are genuinely appreciative of inheritances. Who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to be

contrary-approach-with-income-and-deductions

When Businesses May Want to Take a Contrary Approach with Income and Deductions

Businesses usually want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when is it

pros-and-cons-of-turning-your-home-into-a-rental

The Pros and Cons of Turning Your Home into a Rental

If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents

tax-favored-retirement-plans

Don’t Have a Tax-Favored Retirement Plan? Set One Up Now

If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules

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Keep These 3 Issues in Mind After You File Your Return

The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an

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