by Clark Boyd | Mar 17, 2024 | Tax Planning
Standard Deduction vs. Itemizing: A Comprehensive Guide for Small Business Owners and Self-Employed Individuals As tax season approaches, one of the most significant decisions you’ll face as a small business owner or self-employed individual is whether to take...
by Clark Boyd | Mar 10, 2024 | Tax Planning
Real Estate Tax Planning: What You Need to Know Real estate taxation is a multifaceted topic that encompasses various forms of taxes, including income tax, property tax, and sometimes even sales tax. Whether you’re dealing with personal or business real estate,...
by Clark Boyd | Mar 3, 2024 | Filing, Tax Planning
Is Filing an Extension Bad? We get this question probably a thousand times a year. An extension is not inherently bad, it is truly personal preference. An extension will not increase your risk for an audit or red flag your return with the IRS. In fact, it is...
by Clark Boyd | Mar 1, 2024 | Uncategorized
Strategies for Compensating Your Children Legally Paying your children through your business can be a strategic way to manage your business’s taxable income, while also providing your children with income and potentially teaching them about the value of work. ...
by Clark Boyd | Feb 25, 2024 | Tax Planning
Tax & Financial Tips for Newlyweds in Houston Marriage is a significant milestone that not only unites two individuals in partnership, but in most cases, also merges their financial and tax situations. For newlyweds in Houston, understanding the tax implications...