IRS Payment Plans Explained: Short-Term vs. Long-Term
Can't pay the IRS in full? Here's how installment agreements work, what they cost, and which one fits your situation. From a Houston accountant who sets these up weekly.
Expert guidance on bookkeeping, tax planning, business formation, and financial strategies for Houston small businesses.
Can't pay the IRS in full? Here's how installment agreements work, what they cost, and which one fits your situation. From a Houston accountant who sets these up weekly.
Owe the IRS? Here's every relief option available to small businesses -- installment agreements, offers in compromise, penalty abatement, and when to fight back.
Restaurant bookkeeping means tracking tips, inventory, daily sales, and food costs — on top of standard accounting. Here's how the process works.
Construction bookkeeping involves job costing, retainage tracking, and progress billing that general bookkeepers often miss. Here's how it works.
Bookkeeping has a learning curve, but is it really that difficult? Here's an honest look at what's involved and when outsourcing makes more sense.
A full charge bookkeeper handles more than basic data entry. Here's what the role involves and how it differs from a standard bookkeeper.
Bank reconciliation in QuickBooks Online doesn't have to be confusing. Here's a step-by-step walkthrough of the process and common errors to watch for.
Compare QuickBooks Online plans, pricing tiers, and hidden costs so you can pick the right fit for your small business budget.
Learn how to use QuickBooks Online from setup to daily tasks and reports. A practical walkthrough for small business owners new to QBO.
Health insurance premiums can be a major expense. Here's how the self-employed health insurance deduction works and what options exist for small businesses.
Small business tax rates depend on your entity structure. Here's what sole props, LLCs, S-Corps, and C-Corps typically owe — and how to plan for it.
Federal income tax is just the start. Here's a breakdown of every tax a small business may owe — including Texas-specific obligations like franchise tax.
Missing a tax deadline means penalties and interest. Here's every key date small business owners need to know for the 2026 tax year.
Filing business taxes involves more than one form. Here's how the process works for LLCs, S-Corps, sole proprietors, and partnerships.
Working from home doesn't automatically mean a tax break. Here's who qualifies for the home office deduction and how both calculation methods work.
Freelancers and independent contractors often overlook valuable tax deductions. Here are the self-employment write-offs that reduce what you owe.
From home offices to business meals, here's a category-by-category breakdown of what small business owners can typically deduct on their taxes.
Tax deductions reduce what you owe — but how exactly? Here's a plain-English breakdown of deductions vs. credits and how they lower your tax bill.
Learn what is a tax write off, which expenses qualify, and how proper documentation protects your deductions. A plain-English guide for small business owners.
New to bookkeeping? Here's the straightforward guide to tracking your business finances, choosing software, and building habits that actually stick.
Wondering what you should pay for bookkeeping? Here's the honest breakdown of Houston rates, what affects pricing, and how to avoid overpaying.
That spare bedroom where you run your business? The IRS lets you deduct part of your mortgage or rent. Here's how to claim it correctly.
Months behind on your books? That growing pile of statements isn't fixing itself. Here's how to get current and stay that way.
Your accounting method changes when you report income and what your financial statements reveal. Here's how to choose the right one for your Houston business.
That receipt you just threw away? It might be a tax deduction. Here's the complete guide to categorizing expenses the IRS actually cares about.
Confused about whether you need a bookkeeper, an accountant, or both? Here's how these roles work together to build a stronger financial foundation.
Overwhelmed by accounting software options? Cut through the noise with an honest comparison of QuickBooks, Xero, Wave, and more for small businesses.
That nagging feeling your numbers don't add up? Bank reconciliation catches the errors, fraud, and forgotten transactions hiding in your accounts.
Learn the key differences between bookkeeping and accounting, and why Houston small businesses need both for financial success and growth.
Understand the key differences between amortization, depreciation, and impairment, and how they affect your Houston business's financial health.
You started handling your own books to save money. Now it's costing you more than a professional would. Here's how to know when it's time to get help.
An IRS auditor asks for documentation. You scramble. This is how record keeping nightmares begin. Here's how to stay audit-ready without drowning in paper.
You paid contractors. Now the IRS wants documentation. Miss the deadline and penalties start at $60 per form. Here's how to get 1099s right.
Learn how Qualified Small Business Stock (QSBS) under IRC Section 1202 can help you sell your C corporation and exclude up to $10 million in capital gains from federal taxes.
Learn how construction, retail, and logistics businesses can claim the 20% IRS QBI deduction and what requirements apply at higher income levels.
You know you need help with the numbers. But what exactly will a bookkeeper handle? Here's the honest breakdown of services, boundaries, and what to expect.
The One Big Beautiful Bill has been signed into law. Here's what stayed the same, what changed from the original proposals, and what you should do next.
Discover why being busy doesn't always mean being profitable, and learn how to identify your true profit engines through service-level profitability analysis.
Learn why profitable businesses still struggle with cash flow, and discover the three-step approach to gaining control over your business finances.
Discover why proactive tax planning throughout the year can dramatically reduce your tax burden compared to reactive April filing.
Learn why clean financial records are essential for business loan approval and how to prepare your books for financing opportunities.
Discover the hidden costs of disorganized bookkeeping and how clean financial records can unlock your Houston business's true profit potential.
A preview of how the One Big Beautiful Bill Act of 2025 could impact individual taxpayers through lower rates, bigger credits, and modified benefit rules.
A preview of how proposed tax legislation could impact Houston businesses through lower taxes, bigger deductions, and changes to depreciation rules.
Every overlooked deduction is a gift to the government. This comprehensive checklist helps Houston business owners claim what's legitimately theirs.
That self-employment tax eating 15.3% of your profit? An S-Corp election could cut it in half. Here's how to know if it makes sense for you.
Understand the key differences between internal and external audits, and learn when your Houston business needs each type of financial review.
Discover the key benefits of having a certified public accountant manage your Houston business's bookkeeping and tax obligations.
Tax season shouldn't cost you penalties and sleep. Here's what a Houston tax preparer sees go wrong every year -- and the dollar amounts behind each mistake.
Learn how to conduct effective market research and define your target audience for business success in Houston's diverse economy.
Learn the essential steps to validate your business idea before investing significant time and money. Turn passion into profit with proven validation methods.
A comprehensive guide to launching your business in Houston, covering everything from idea validation to business structure, registration, and ongoing support.
A few hours of proper setup now prevents months of cleanup later. Here's how to configure QuickBooks so it actually works for your business.
First year in business? That massive April tax bill is about to teach you an expensive lesson about estimated payments. Here's how to avoid the surprise.
Learn how different business structures impact taxation, liability, and accounting requirements. Make the right choice for long-term success.
That monthly P&L report you skim and file away? It contains answers to questions you should be asking about your business. Here's how to actually read it.
Owner's draw or salary? The answer depends on how your LLC is taxed. Get it wrong and you'll create problems that take years to untangle.
Understand the Corporate Transparency Act's FinCEN filing requirements, deadlines, and exemptions for your Houston business.
Discover how professional bookkeeping services help Houston businesses navigate tax compliance, maximize deductions, and achieve sustainable growth.
Learn how S Corporation election can help Houston business owners legally reduce self-employment taxes and keep more of their earnings.
A Houston contractor just got denied an SBA loan because his DSCR was 0.95. Here's what that number is, how lenders calculate it, and how to fix it.
An HVAC company owner in the Energy Corridor wants to sell in 3 years. Three valuation methods produce three different numbers. Here's why -- and which one matters.
That shoebox of fading receipts is costing you money. Here's a simple system to capture, organize, and actually use your expense documentation.
A side-by-side breakdown of DIY bookkeeping costs versus outsourcing -- with Houston pricing, real numbers, and the hidden expenses most business owners miss.
The IRS collects four times a year. Your tax strategy should run all twelve months. Here's what to do each quarter, with deadlines and dollar amounts.
Understand market-based, asset-based, and income-based valuation methods to determine your Houston business's true worth.
Every bookkeeping error has a price tag. Here are the ones we fix most often for Houston business owners -- and what they cost before we get the call.
A bookkeeper isn't data entry. They reconcile, catch fraud, prep your CPA's file, and close your books monthly. Here's what the job really looks like.
A sole proprietor in Texas has zero liability protection. One lawsuit, one bad debt, and your personal assets are on the table. Here's how incorporation changes that.
Learn the risks of DIY business tax filing and discover why professional tax preparation protects your Houston business from costly mistakes.
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