An IRS audit or notice comes with a cost for the taxpayer who receives it. The cost can include additional tax, interest, and even penalties. Even if the taxpayer did everything correctly, the IRS audit or notice still comes with a cost. The cost can include the time and effort the taxpayer has to expend…Continue…Continue readingGetting the IRS to Pay for Your Tax Attorney
The CDC has allocated $190 million to the Texas State Health Department to help with unexpected costs from the COVID-19 pandemic. Of those funds, $27 million is intended for San Antonio Metro Health. In many cities, including San Antonio, the COVID-19 pandemic not only taxed the healthcare system — it pointed out inequalities in the…Continue…Continue readingCDC to grant health funds to San Antonio
As life flies by, it is easy to get bogged down in our day-to-day routines. The reality is, however, that we can never take that routine for granted. It is always key to be prepared for the unexpected. One of the smartest ways to ensure you are prepared is to contact an estate planning attorney.…Continue…Continue readingHouston Man Found Shot to Death in Car
New business ventures will typically incur losses in the first year or years. These losses can sometimes be used to offset the business owner’s other income. In a way, this tax loss offset and the tax savings is akin to an interest-free loan from the Federal government. Congress has imposed some limitations on this type…Continue…Continue readingTax Planning for Start-Up Costs
As the world around us continues to open up, many are resuming pre-pandemic activities. One such activity is going to enjoy a film at your local movie theater. Unfortunately, these outings do not always go as planned. This was the case with a local woman last Saturday. While in a San Antonio theater complex, 32…Continue…Continue readingSan Antonio Woman Stabbed in Movie Theater
As we seemingly get closer to the end of the COVID-19 pandemic, older generations are sharing the similarities of this experience with the polio outbreak of the 1940s and 50s. Watching society return to some sense of normalcy after 15+ months of being in different stages of lockdown triggers many memories. Much like the coronavirus,…Continue…Continue readingPost Pandemic World: Similarities Between COVID-19 and Polio
When it comes to the IRS and audits, there are times when a taxpayer may feel like they can’t win. This is often true. If you have been reading this site for some time, you may recall our article involving Five Audits in Ten Years and the court concluding that this many audits in such…Continue…Continue readingWhat is a Repetitive IRS Audit?
Over the holiday weekend, San Antonio Mayor Ron Nirenberg and other officials created a memorial downtown to honor the lives of those lost to the Covid-19 pandemic. The memorial, located at the corner of Market and South Alamo streets, has been aptly named “Deep in Our Hearts”. Made up of more than 3,400 red hearts…Continue…Continue readingMayor Honors Lives Lost to Covid-19
While most people were happily celebrating Memorial Day, others found their revelry halted by violence. The Houston area had a particularly grizzly weekend. As of Tuesday, 10 people were killed over the holiday. On Monday night, a gunman opened fire in a Houston nightclub killing one and injuring two others. Shortly thereafter, the gunman was…Continue…Continue readingLocal Memorial Day Celebrations Result in Violence
Each state has its own laws. This includes laws that say how one gets married and how one gets divorced. State laws provide a method for accomplishing both acts. The laws of foreign countries usually have similar laws and processes. Religious bodies and affiliations have similar rules and processes. This raises some interesting questions as…Continue…Continue readingIs a Divorce a Divorce for Tax Purposes?