Ideas and insights for a changing business landscape.

Planning guides, trackers, and practical guidance for businesses, individuals, and tax-exempt organizations throughout the year.

Tax

Tools and guidance for financial operations, reporting readiness, internal controls, transactions, and strategic decision-making.

Advisory

Specialized resources

Guidance for complex requirements.

Explore focused resources for service organizations, career schools, transportation providers, and health and human services organizations navigating specialized audit, reporting, certification, and compliance requirements.

01 Service Organizations

Guidance for SOC readiness, examinations, reporting, and the controls customers and stakeholders rely on.

03 TxDOT

Guidance for transportation providers, DBE and ACDBE firms, and organizations navigating TxDOT reporting and compliance requirements.

02 TWC Career Schools

Audit, financial reporting, application, renewal, and compliance resources for Texas career schools and colleges.

04 Texas HHSC

Cost reporting, reconciliation, documentation, and compliance guidance for Texas health and human services providers.

Latest insights

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LLC vs. S Corp: Which One Is Right for Your Business?

One of the most common questions business owners ask is: “Should I be an LLC or an S Corp? It is a great question, but it is also one that causes a lot of confusion. That is because an LLC and an S corporation are not exactly the same type of thing.

Business

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Am I Overpaying in Taxes? 10 Red Flags to Check Before Year-End

If you are wondering whether you may be overpaying in taxes, here are 10 red flags to review before the end of the year.

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Tax Planning by Life Stage: What to Think About as Life Changes

Tax planning is not just for business owners or high-income earners. Your tax situation can change whenever your life changes. A new job, marriage, a child, a home purchase, college expenses, retirement, or even a side business can all affect your tax return. The more you plan ahead, the fewer surprises you may face at filing time. Here are common tax planning considerations at different stages of life.

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Real Client Scenario: How Better Bookkeeping Changed the Way One Business Owner Made Decisions

Many small business owners think of bookkeeping as something they need only at tax time. Receipts are gathered, transactions are categorized, reports are printed, and the goal is usually simple: get the tax return filed. But good bookkeeping can do much more than help with tax preparation. But good bookkeeping can do much more than help with tax preparation.

Commonly Overlooked Tax Deductions for Small Business Owners

Running a small business means watching your expenses, managing cash flow, and making sure you are not paying more in taxes than necessary. The challenge is that many deductible expenses are easy to miss, especially when they happen throughout the year in small amounts.

Navigating the No Tax on Tips Law Change and Its Impact on Your Individual Tax Filing

Understanding recent changes in tax laws can be challenging, especially when it comes to income sources like tips. The new tax law regarding tips has created some confusion for taxpayers who rely on this income. This post will clarify what the no tax on tips law change means and how you should report your tips when filing your individual taxes.

How the IRS Decides Who Claims a Child as a Dependent for Separated or Divorced Couples

When parents separate or divorce, deciding who claims a child as a dependent on their tax return can become complicated. The IRS has clear rules to determine which parent can claim a child as a qualifying dependent under different filing statuses.

IRS increases mileage deduction rate by 4 cents to 62.5 for the last half of 2022.

In response to the rising cost of fuel, the Internal Revenue Service (IRS) announced an increase in the optional standard mileage rate...