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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.
Trust-Fund-Recovery-Penalty

The Trust Fund Recovery Penalty: Who Can It Be Personally Assessed Against?

If you own or manage a business with employees, there’s a harsh tax penalty you could be at risk for paying personally. The

IRAs when married-and-not-earning-compensation

Are You Married and Not Earning Compensation? You May Be Able to Put Money in an IRA

When one spouse in a married couple is not earning compensation, the couple may not be able to save as much for a

first-year-real-estate-depreciation-deductions

Advantages and Disadvantages of Claiming Big First-Year Real Estate Depreciation Deductions

Your business may be able to claim big first-year depreciation tax deductions for eligible real estate expenditures rather than depreciate them over several

standard-business-mileage-rate-in-2022

Audit-Proof Your Business Mileage

If you’re taking a deduction on your vehicle, either for actual expenses or mileage, you’ll want to make sure your deduction is “audit

Seniors-may-be-able-to-write-off-Medicare-premiums

When Can Seniors Deduct Medicare Premiums on Their Tax Returns?

If you’re age 65 or older and have basic Medicare insurance, you may need to pay additional premiums to get the level of

net investment income tax

Reduce the Impact of the 3.8% Net Investment Income Tax

High-income taxpayers face a regular income tax rate of 35% or 37%. And they may also have to pay a 3.8% net investment

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