While you're likely familiar with the saying about death and taxes, taxes are the last thing any grieving family wants to worry about. Estate tax planning helps put documents and financials in place to remove the stress of tax issues at the time of death, but for many families in Texas, neither … [Read more...] about Most Texans don’t have to worry about state inheritance tax
Don’t face the power of the IRS alone
Both the American and the Texan spirit is traditionally lauded for individuality and a can-do attitude. Facing the power of the IRSwith a DIY plan isn't always the best idea, however, especially if you've already received notice of tax liens or late payments. It may seem straightforward to … [Read more...] about Don’t face the power of the IRS alone
What are my rights during a federal tax audit?
Across Texas and other states, individuals and businesses face tax audits each year. Facing an audit, and the possibly resulting levies or other collection activity, can be frightening. Despite the power of the Internal Revenue Service, taxpayers have rights when it comes to an audit. In fact, a … [Read more...] about What are my rights during a federal tax audit?
5 Common Mistakes Made in Estate Planning
When you're young, you feel invincible. You take risks, eat whatever you want, and have your entire future ahead of you. The world is your oyster and you are the pearl. As you head into adulthood and start taking inventory of your life, you may notice that it's not just you that has to depend on … [Read more...] about 5 Common Mistakes Made in Estate Planning
What happens when Texas taxes are delinquent?
Failure to file a required tax return or pay taxes owed in the state of Texas can result in serious consequences, including liens and criminal charges. Before such measures, however, there are usually a variety of procedures and things a person or business can do to help improve the … [Read more...] about What happens when Texas taxes are delinquent?
Texas law change could impact politically active nonprofits
The Texas legislature is currently considering regulation of so-called dark money, and those regulations could change how nonprofits with political agendas or interests do business. According to reports, the regulation may be approved by the Texas Ethics Commission by the end of the year. The … [Read more...] about Texas law change could impact politically active nonprofits