Tax Blog

The passing of the Inflation Reduction Act was one of the many financial headlines coming out of last month that we felt required...

The IRS increased the business mileage rate to 62.5 cents per mile starting July 1, 2022, making vehicle deductions more valuable...

The Texas Travel Industry Recovery Grant Program is now accepting applications to support tourism, travel, and hospitality...

With tax season upon us, fraud attempts are greatly increasing. It's being reported, and we suspect will continue, that taxpayers...

The Consolidated Appropriations Act, 2021 is a spending bill for the COVID-19 pandemic that is making impactful changes on the...

This week, President Biden signed into law the Infrastructure Investment and Jobs Act. The $1.2 trillion bill provides over $500...

Fair market value plays a critical role when buying, selling, or donating property—and getting it wrong can lead to unexpected...

Whether you're an adult who never paid much attention to the taxes being withheld from your paycheck or a kid who just got his or...

Tracking your miles whenever you drive somewhere for your business can get pretty tedious, but remember that properly tracking...

Audit rates for individuals are at historic lows. The overall rate is down to a minuscule 0.45% for 2019. But recent proposals...