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1099 or W-2
1099 vs W-2 for therapists in a Texas group practice comes down to control, not the contract. What the IRS and the Texas Workforce Commission look at.

Texas Sales Tax Holiday

Texas holds a sales tax holiday for back-to-school shopping every August, usually over a weekend. During the holiday you can buy qualifying clothing, shoes, school supplies, and backpacks

New IRS Audit Report for S-Corps

The IRS recently issued a report about its audits of S-corporations. The report found that 62% of the time, the audit resulted in no changes for the taxpayer.

April 17th approaches, is your tax return ready?

The individual filing deadline is about 2 weeks away. If you haven’t already filed your tax return, welcome to crunch time. While USPS will be open late to

Congratulations on your Screaming Bundle of Tax Savings!

I have had many friends become parents in the past year. I guess it’s that phase of life for my generation. While we don’t have any children yet,

How to Pay Your CPA Less

Every year, from now until April 15th, there will be endless articles about how to get ready to visit your CPA. I even considered writing one, but after

Merry Christmas

In those days a decree went out from Caesar Augustus that all the world should be registered. This was the first registration when Quirinius was governor of Syria.

Last Minute Tax Saving Tips

Every year around this time, I always have people frantically ask “What can I do to save on my taxes?” Probably the most common answer is “It depends.”

The Danger of Renting with Owner Finance: Possible Tax Consequences

A few years ago, I had a client in my office and we were working on his tax return. Let’s pretend his name is Larry. He had a

Blogging 101

Since I’ve only been blogging for a couple weeks, I decided to set out on a quest to learn how to blog. Obviously, I couldn’t base much on

What I Learned at Chick-fil-a

We recently had a Chick-fil-a open just a couple minutes away from our house. I’ve been a huge fan of Chick-fil-a for many years, ever since trying it

How to get $10,000 tax free

One of the tax saving strategies I’ve been implementing this year involves long term capital gains. Currently, as long as you are in the 15% tax bracket, all

One accounting number you MUST understand

As a CPA, several people have asked me, “What is the most important metric to tell how I’m doing in my business?” It’s actually a really important question.

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