Blogs

Insights to Help You Stay Financially Informed

Explore helpful articles on bookkeeping, taxes, and financial best practices designed to help individuals and businesses make smarter financial decisions.

DISCLAIMER: Any bookkeeping, business or tax article contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor can it be used to avoid tax-related penalties. If desired, we would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

Important Tax Changes for Individuals and Businesses 2021

Every year, it’s a sure bet that there will be changes to current tax law and this …

Standard Mileage Rates for 2021

Starting January 1, 2021, the standard mileage rates for the use of a car, van, pickup, or …

Canadian Citizen Living in the US with Rental Property and Income

Here are 3 tax things that you should know about when you are a Canadian citizen living …

Protecting Business Taxpayers From Identity Theft

Starting December 13, 2020, the IRS began masking sensitive data on business tax transcripts. Previously, only sensitive …

Differences 1099-MISC and FORM 1099-NEC

The IRS may have re-introduced 1099-NEC, but this doesn’t mean that 1099-MISC is now gone. Here’s your …

Employee Business Expense Deductions

Prior to tax reform, an employee was able to deduct unreimbursed job expenses, along with certain other …

Understanding the Excise Tax

An excise tax is a tax that is generally imposed on the sale of specific goods or …

IRS FORM 1099-NEC

One of the most important updates for taxpayers in 2020 came with the reintroduction of the Form …

Things You Should Know About US Expat Taxes

Understanding tax code alone is already an intimidating task, add being a US Expat in the mix, …

CONNECT WITH US TODAY!

Address:
24044 Cinco Village Center Blvd #100

Katy, TX 77494

Phone:
(713)-855-8035

Email:
admin@fas-accountingsolutions.com

Check Our Tax Planning Guide

Make smarter Tax Decisions Year-Round