With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t tax deductible, but they grow tax deferred....... Read More
Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax purposes. The cash method...... Read More
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy-efficient improvements. In particular,...... Read More
When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and...... Read More
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need to understand the tax issues involved. Here...... Read More
Although traditional IRAs and Roth IRAs have been around for decades, the rules involved have changed many times. The Secure 2.0 law, which was enacted at the end of 2022,...... Read More
As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked emergency savings account (PLESA) and the provision authorizing it became...... Read More
Here are some critical tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may...... Read More
Did you donate to charity last year? Acknowledgment letters from the charities you gave to may have already shown up in your mailbox. But if you don’t receive such a...... Read More
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea.Tax-free treatment for eligible stock gainsQSBCs are the same as garden-variety C corporations for tax...... 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
