dwgcpatx.com RSS Feed http://dwgcpatx.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break http://www.dwgcpatx.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 http://www.dwgcpatx.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 http://www.dwgcpatx.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 http://www.dwgcpatx.com/newsletter.php#5 Highlights of the American Rescue Plan Act http://www.dwgcpatx.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 http://www.dwgcpatx.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 http://www.dwgcpatx.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 http://www.dwgcpatx.com/newsletter.php#1 Economic Impact Payments: Round Three http://www.dwgcpatx.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 http://www.dwgcpatx.com/newsletter.php#3 Tax Breaks for Families With Children http://www.dwgcpatx.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 http://www.dwgcpatx.com/newsletter.php#3 Small Business Tax Roundup http://www.dwgcpatx.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 http://www.dwgcpatx.com/newsletter.php#4 Renting Out a Second Home http://www.dwgcpatx.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 http://www.dwgcpatx.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks http://www.dwgcpatx.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 http://www.dwgcpatx.com/newsletter.php#5 Avoiding an IRS Tax Audit http://www.dwgcpatx.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 http://www.dwgcpatx.com/newsletter.php#1 Our Blog Has Moved to Facebook! http://www.dwgcpatx.com/blog.php?id=41 Our Blog Has Moved to Facebook! Tue, 04 Dec 2012 09:00:00 -0600 http://www.dwgcpatx.com/blog.php?id=41 What's So Great About CPAs? http://www.dwgcpatx.com/blog.php?id=40 This blog post provides insights on the benefits of CPAs. Tue, 27 Nov 2012 09:00:00 -0600 http://www.dwgcpatx.com/blog.php?id=40 Income from Foreign Sources http://www.dwgcpatx.com/blog.php?id=39 This article provides guidance for taxpayers with foreign source income. Fri, 16 Nov 2012 09:00:00 -0600 http://www.dwgcpatx.com/blog.php?id=39 Year-End Tax Planning for Businesses http://www.dwgcpatx.com/blog.php?id=38 This article provides 2012 year-end tax planning tips for businesses. Thu, 08 Nov 2012 09:00:00 -0600 http://www.dwgcpatx.com/blog.php?id=38 Year-End Tax Planning For Individuals http://www.dwgcpatx.com/blog.php?id=37 This article provides tax planning guidance for individuals as the 2012 tax year comes to a close. Fri, 02 Nov 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=37 Tax Relief for Those Affected By Natural Disasters http://www.dwgcpatx.com/blog.php?id=36 This article provides insight on the tax relief available for those affected by natural disasters. Tue, 30 Oct 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=36 Hobby or Business? Why It Matters http://www.dwgcpatx.com/blog.php?id=35 This article provides tips regarding the tax implications of a hobby versus a business. Mon, 15 Oct 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=35 Five Important Tips on Gambling Income and Losses http://www.dwgcpatx.com/blog.php?id=34 Here are five important tips about gambling and taxes. Fri, 05 Oct 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=34 Lending Money to Family? Make it a Tax-Smart Loan http://www.dwgcpatx.com/blog.php?id=33 Learn why it pays to plan ahead before you loan money to a friend or family member--and avoid tax complications down the road. Tue, 02 Oct 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=33 A SIMPLE Retirement Plan for the Self-Employed http://www.dwgcpatx.com/blog.php?id=32 This article provides an overview of a SIMPLE Retirement plan for your business. Sun, 23 Sep 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=32 Employee Relocation in a Down Market http://www.dwgcpatx.com/blog.php?id=31 This article answers questions many companies have about what to do with an employee's home when he or she is moved to a new job location, especially when the real estate market is in a downturn throughout much of the country. Sat, 15 Sep 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=31 Deducting Charitable Contributions: Eight Essentials http://www.dwgcpatx.com/blog.php?id=30 This article provides 8 essentials for deducting charitable contributions. Sat, 08 Sep 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=30 Should You Invest in Life Insurance? http://www.dwgcpatx.com/blog.php?id=29 This article provides insights for those considering what type and amount of life insurance coverage is needed. Wed, 05 Sep 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=29 Uncover Your Business\'s Most Valuable Hidden Asset http://www.dwgcpatx.com/blog.php?id=28 This guide helps you to measure the lifetime value of your customers. Fri, 31 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=28 IRS Failure to File or Pay Penalties: Eight Facts http://www.dwgcpatx.com/blog.php?id=27 This article provides a summary of 8 key facts associated with IRS penalties. Fri, 24 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=27 IF THE BUSH TAX CUTS EXPIRE, HOW MUCH MORE WOULD YOU HAVE TO PAY? http://www.dwgcpatx.com/blog.php?id=26 This article provides an easy calculation of the impact of allowing the Bush tax cuts to expire. Thu, 16 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=26 Protect Your Business With The Right Insurance http://www.dwgcpatx.com/blog.php?id=25 This article provides an overview of the importance of business insurance. Sun, 12 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=25 Paying Off Debt the Smart Way http://www.dwgcpatx.com/blog.php?id=24 This article provides tips to help you get your financial house in order on the road to financial stability Thu, 09 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=24 Tax Planning for Small Business Owners http://www.dwgcpatx.com/blog.php?id=23 This article provides an overview of the importance of tax planning for small business owners. Wed, 08 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=23 Tax Implications of the Health Care Act http://www.dwgcpatx.com/blog.php?id=22 This article provides an overview of the projected tax impact of the Patient Protection and Affordable Care Act of 2010. Fri, 03 Aug 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=22 Residential Energy Tax Credits for 2012 http://www.dwgcpatx.com/blog.php?id=21 This article provides an overview of the residential energy tax credits available to individuals for 2012. Mon, 23 Jul 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=21 10 Things to Know About Capital Gains http://www.dwgcpatx.com/blog.php?id=20 This article provides information around the rules for capital gains. Sat, 14 Jul 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=20 Travel and Entertainment: Maximizing the Tax Benefits http://www.dwgcpatx.com/blog.php?id=19 This July 2012 newsletter article provides some insight and tips on deducting travel and entertainment expenses. Thu, 05 Jul 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=19 How can you properly fund your children\'s education without draining your current cash flow? http://www.dwgcpatx.com/blog.php?id=18 Several guides relating to college preparation, including methods of finance and tax related issues. Tue, 26 Jun 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=18 The Best Financial Tool for Business Owners http://www.dwgcpatx.com/blog.php?id=17 This guide highlights the benefit to small businesses of a budget and a budget to actual report. Fri, 22 Jun 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=17 Are you having problems with the IRS? http://www.dwgcpatx.com/blog.php?id=16 This guide provides tips on what to do if you are having problems with the IRS. Tue, 19 Jun 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=16 Your Financial Plan: Getting Started On a Secure Future http://www.dwgcpatx.com/blog.php?id=15 This Financial Guide tells you how to begin the financial planning process. Wed, 13 Jun 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=15 The Home Office Deduction http://www.dwgcpatx.com/blog.php?id=14 This article provides an overview of the home office deduction. Mon, 04 Jun 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=14 8 Facts to Know if You Receive an IRS Letter or Notice http://www.dwgcpatx.com/blog.php?id=13 This article provides helpful tips if you receive a letter or notice from the IRS. Fri, 01 Jun 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=13 The Secret of Creating Wealth http://www.dwgcpatx.com/blog.php?id=12 This guide provides a short overview of how anyone can build wealth. Fri, 25 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=12 Atlas Shrugged - Who is John Galt? http://www.dwgcpatx.com/blog.php?id=11 This article provides opinion regarding the tax related events of the day. Sat, 19 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=11 Fraudulent Charities: How To Protect Yourself http://www.dwgcpatx.com/blog.php?id=10 This financial guide provides tips on making charitable donations. Thu, 17 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=10 Tax Planning for Small Business Owners http://www.dwgcpatx.com/blog.php?id=9 This article provides an overview of techniques that can be used by small business owners in tax planning with their CPA. Mon, 14 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=9 How to Avoid Penalties on Your Household Helpers http://www.dwgcpatx.com/blog.php?id=8 While many people disregard the need to pay taxes on household employees, they do so at the risk of paying stiff tax penalties down the road. Tue, 08 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=8 What to Do If You Haven't Filed an Income Tax Return http://www.dwgcpatx.com/blog.php?id=7 This article provides some tips for what to do if you have not filed your federal income tax return. Mon, 07 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=7 Turn Your Vacation Into a Tax Deduction http://www.dwgcpatx.com/blog.php?id=6 DWG CPA PLLC May 2012 Newsletter article to help with your vacation planning. Sat, 05 May 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=6 Spring Cleaning: Tax Records You Can Throw Away http://www.dwgcpatx.com/blog.php?id=5 Spring Cleaning: Tax Records You Can Throw Away Tue, 17 Apr 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=5 Obama signs JOBS Act to boost small business growth http://www.dwgcpatx.com/blog.php?id=3 Obama signs JOBS Act to boost small business growth Sun, 08 Apr 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=3 National Debt Clock http://www.dwgcpatx.com/blog.php?id=4 National Debt Clock Keeps Ticking Sun, 08 Apr 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=4 Tax subsidies for oil companies http://www.dwgcpatx.com/blog.php?id=1 Tax subsidies...we all get them. Fri, 30 Mar 2012 09:00:00 -0500 http://www.dwgcpatx.com/blog.php?id=1