Category Archives: Tax Planning

That Time of Year – Part 1

65 Day Distribution

Kicking off Our ‘That Time of Year’ Blog Series with an Important Tax Deadline Coming Up Next Week!

The time has come…our “That Time of Year” series is back! We promised you tax tips and important deadlines to consider in … Read More

Tax Season is Upon Us, Don’t Fret – You’ve Got This!

Tax Season

It’s that time of year again…as the end of January rolls around it seems all of us are striving to maintain our New Year’s Resolutions, keep up with Houston’s swing in temperatures without getting sick, and begin to dreadfully think … Read More

It’s the Most Wonderful Time of the Year (for giving)!

Gift giving

Tis the season of giving gifts and putting a smile on the faces of those you care for.  If you are thinking of giving a substantial monetary gift, you should be aware of the tax implications beforehand.

Gifting Money

Up … Read More

What to do with your Bonus? – Year End Tax Planning $$

bonus tax planning

Congratulations on your bonus! As 2019 comes to a close, many employees will be receiving a supplemental wage or cash bonus at year-end. Before you start thinking about what you are going to spend it on i.e. holiday gifts, there … Read More

Look Back on 2018 Tax Filing Season and 2019 Year End Planning

tax planning

As 2019 has entered its final two months, most taxpayers have already filed their 2018 income tax returns.  Those taxpayers residing in Harris County and surrounding counties were given until January 31, 2020 to file their 2018 returns, due to … Read More

Spring Tax Cleaning

tax penalty refund

Over half of the month of May is behind us and for many of you, that means it has been over a month since you thought about the filing of your 2018 federal income tax return. For those of you … Read More

RMDs & Other Important Retirement Acronyms


Have you ever asked the age of a young child whose fifth birthday is in his rear view mirror? Because that child eagerly looks forward to attaining the age of 6 years old, she may tell you she is 5 … Read More


QBI Deduction

When Congress passed the Tax Cuts and Jobs Act (“TCJA”) in late 2017, it dramatically reduced the income tax rates paid by corporations to a flat rate of 21%. In an attempt to equalize those non-corporate taxpayers, Congress enacted new … Read More


tax withholding AMT

If you have ever heard of the Alternative Minimum Tax (AMT), you know it has been a major issue for decades.  Many taxpayers found themselves paying a substantial alternative minimum tax, despite legitimate deductions that would ordinarily subject them to … Read More


Tax tips TCJA AMT

When it was almost “That Time of Year” in December of 2017, my partner Rebecca McElroy posted a blog immediately after Congress passed the Tax Cuts and Jobs Act (“TCJA”). Her blog (linked below) had charts illustrating the tax rates … Read More

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