June 14, 2024

IRS Announces Tax Relief for Texas Residents Affected by Severe Weather

The Internal Revenue Service (IRS) has announced much-needed tax relief for Texas individuals and businesses affected by the severe storms, straight-line winds, tornadoes, and flooding that […]
August 17, 2022

President Biden Signs the Inflation Reduction at of 2022 into Law

Yesterday, President Biden signed the Inflation Reduction Act of 2022. The bill was proposed by Senators Schumer and Manchin as a replacement for the House’s Build […]
January 14, 2022

E-signature Date Extention for Tax Returns

The IRS has extended the date allowing for e-signatures on tax return forms, including most notably Form 706 and Form 709, through 10-31-2023.  For the full […]
September 22, 2021

House Ways and Means Tax Proposal Overview

Earlier this week the House Ways and Means Committee released a summary on a new tax increase proposal.  Outlined below are the proposed changes broken out […]
July 26, 2021

Estate and Gift Planning Under President Biden’s Proposed Tax Plans

Currently, President Biden’s proposed tax plans will affect estates of $1,000,000 or more by increasing taxes on certain taxpayers, clarifying certain tax provisions and giving the […]
May 26, 2021

How President Biden’s Proposed Tax Plan Could Affect Both Individual and Corporation Tax Rates

The Biden administration has proposed two tax plans; the American Families Plan and the Made in America tax plan. The two plans seek to modify personal […]