Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is unreasonably high or low, it may disallow certain deductions...... Read More
At first glance, the word “concentration” might seem to describe a positive quality for any business owner. You need to concentrate, right? Only through laser focus on the right strategic...... Read More
Many balance sheet items are reported at historical cost. However, current accounting standards require organizations that follow U.S. Generally Accepted Accounting Principles (GAAP) to report certain assets and liabilities at...... Read More
Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable brokerage firm account, the good news...... Read More
Your business can set up an educational assistance plan that can give each eligible employee up to $5,250 in annual federal-income-tax-free and federal-payroll-tax-free benefits. These tax-favored plans are called Section 127...... Read More
Small to midsize businesses have valid reasons for incorporating, not the least of which is putting that cool “Inc.” at the end of their names. Other reasons include separating owners’...... Read More
Understanding your business’s financial health is essential for long-term success. QuickBooks® offers a powerful reporting tool suite that can provide critical insights to support decision-making and help you comply with...... Read More
If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called the step-up in basis. Below is...... Read More
Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There are a couple of...... Read More
Like many business owners, you’ve probably received a lot of technology advice. One term you may hear frequently is “tech stack.” Information technology (IT) folks love to throw this one...... Read More
© Axley & Rode, LLP
Responsive website by
GroupM7 Design™
Privacy Policy
Terms of Service
1307 S. 1st St.
Lufkin, TX 75901
Phone: (936) 634-6621
Fax: (936) 699-5799
420 North St.
Nacogdoches, TX 75961
Phone: (936) 569-9518
Fax: (936) 569-6073
203 N. Houston Ave.
Livingston, TX 77351
Phone: (936) 327-3166
Fax: (936) 327-3522
247 East Houston
Jasper, TX 75951
Phone: (409) 384-4666
Fax: (409) 384-3988
