Article Highlights: Time to Gather Your Information New for 2025 Choosing Your Alternatives Tips for Pulling Your Information Together  Tax time is just around the corner, and if you are like most taxpayers, you are probably facing the ominous chore of compiling records in preparation for your tax appointment—whether in person, by videoconference or telephone. The difficulty of this task depends upon how well you maintained your tax records throughout the year. No matter how

Accounting often sits at the quiet center of profitable businesses in Austin. With the city's entrepreneurial streak and evolving tech landscape, owners face decisions that influence not just compliance but the entire growth path of their companies. Adaptive financial management turns these decisions into sharper strategies instead of missed chances. Practical, timely accounting does more than tick regulatory boxes - it drives profitability by tightening operations, revealing

Article Highlights : De Minimis Fringe Benefits Cash Gifts Gift Certificates and Debit Cards Non-cash Vouchers Group Meals Tax Compliance and Planning It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the gift’s value would be treated as ade minimis fringe benefit. As such, it would be tax-free to the employee, a

Let’s be real—most business owners didn’t start their companies to debate accounting terms. But if you’ve been hearing more about CapEx and OpEx lately—especially in conversations about AI tools, cloud investments, or automation—you’re not imagining things. The distinction between the two can completely change how your business looks on paper, how much tax you pay, and how much flexibility you have to grow. Let’s break it down in plain English. What’s the Difference Between C