Tax Season is Over – What’s Next for Your Business?

Now that the crunch of tax season is over, what’s next for your business? We asked clients to reflect on their 2014 business results and tell us what they hope to accomplish this year. Overall, most were happy with business growth, many having exceeded revenue...

Tax Bites: Why the details matter when selling investments

If you don’t pay attention to the details, the tax consequences of a sale may be different from what you expect. For example, if you bought the same security at different times and prices and want to sell high-tax-basis shares to reduce gain or increase a loss to...

State & Local Tax Update: Texas Legislation

Starting January, 2016, the Texas Franchise Tax (also known as the “margins tax”) rate will be reduced by 25%. For most taxpayers, the rate will then be .75%. For retailers and wholesalers, the rate will be .375%. The rates are currently .95% and .475% respectively,...