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It’s Fall Storm Season

It’s Fall Storm Season

With Hurricanes, Tornadoes and Flooding all peaking in the Fall, Texans consistently experience disaster related losses.   Leading the country with the most tornadoes, on average 137 per year, Texans often find themselves struggling to cover repairs and deductibles.  ...

Owing Oklahoma State Income Tax?

Owing Oklahoma State Income Tax?

You don’t live there; you don’t work there so why do you owe Oklahoma state income tax? Did you PLAY there?   Yes, several enjoyment type activities can be subject to both federal and state income taxes.  Taxpayers are seeing that a trip to the Casino can come with an...

Navigating Tax Relief with the IRS Fresh Start Program

Navigating Tax Relief with the IRS Fresh Start Program

Dealing with tax debt can be overwhelming. Thankfully, there's a lifeline available for many taxpayers and small business owners—the IRS Fresh Start Program. This initiative by the Internal Revenue Service (IRS) aims to provide struggling taxpayers with a way to catch...

Navigating IRS Challenges as a Small Business Owner

Navigating IRS Challenges as a Small Business Owner

Dealing with the IRS can be one of the most daunting aspects of running a small business. Whether you're a contractor or a business owner, understanding the importance of representation when facing tax issues could mean the difference between resolution and financial...

Mastering Finances Why Small Contractors Need a Bookkeeper

Mastering Finances Why Small Contractors Need a Bookkeeper

In the hustle and bustle of managing construction projects, small contractors often find themselves overwhelmed with the financial side of the business. While you may excel at building and renovation, managing finances is a different ballgame altogether. This is where...

Not All HELOC Interest is Deductible: What You Need to Know

Not All HELOC Interest is Deductible: What You Need to Know

Home Equity Lines of Credit (HELOCs) have long been a popular tool for homeowners looking to leverage the equity in their homes for various financial needs. Whether it’s for home improvements, debt consolidation, or other significant expenses, HELOCs offer a flexible...

Are Home Improvements Tax Deductible?

Are Home Improvements Tax Deductible?

Navigating the complex landscape of tax deductions can be a daunting task, especially when it comes to understanding what home improvements are tax deductible. Whether you're a seasoned homeowner or new to the realm of property taxes, it's crucial to understand how...