If you’re the owner of an incorporated business, you know there’s a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason:...... Read More
Businesses and tax-exempt organizations should watch out for telltale signs of misleading claims involving the Employee Retention Credit. Scammers and unscrupulous promoters continue to run aggressive broadcast advertising, direct mail solicitations...... Read More
The COVID-19 epidemic, geopolitical unpredictability, increased expenses, and declining customer confidence have all upset traditional business strategies in a number of industries. The amended accounting guidelines for disclosing discontinued activities...... Read More
The IRS’s interest in cryptocurrency has increased. In 2021, for example, the agency launched Operation Hidden Treasure to root out taxpayers who don’t report income from cryptocurrency transactions on their...... Read More
Under tax law, to claim deductions, you must meet certain requirements for out-of-town business travel within the United States. The rules apply if the business conducted reasonably requires an overnight...... Read More
A crucial performance indicator is working capital, which refers to the money your business has committed to accounts receivable, accounts payable, and inventory. Managers look for ways to free up...... Read More
You may wonder what medical expenses you can include if you itemize deductions on your tax return. The IRS recently issued frequently asked questions addressing when certain costs are qualified...... Read More
Recent studies have rekindled fears about the Social Security program's approaching insolvency in the absence of congressional action. Because the alternatives for preventing insolvency will undoubtedly result in suffering for...... Read More
The Internal Revenue Service (IRS) issued final regulations on e-file for businesses, requiring certain filers to e-file beginning in 2024 for the 2023 tax year. The complete regulations are found...... Read More
Many businesses and nonprofits use QuickBooks® as a cost-effective solution to manage their accounting processes. However, the software’s capabilities extend beyond organizing and streamlining your company’s accounting. QuickBooks can also...... 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
