irs audit

These Mistakes Could Lead To An IRS Audit

Tax season is here once again. Keep these common mistakes and pitfalls in mind when filing your tax return to avoid a visit from the Internal Revenue Service. Accurate Income Reporting The income reported on Form W-2 and Form 1099 needs to match … [Read more]

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Retirement Income Payment Plans – Choose Wisely

If you are getting ready to retire,  you may find yourself faced with the question of how you should receive income payments – in increments or all at once. Most people end up choosing steady payments, or "life annuity".  Having that steady income … [Read more]

Millan & Co | Consultants and CPAs | (512) 479-6819

Tax Changes in 2015: Stay Up-to-Date!

  Each year U.S. tax codes undergo various changes. Staying on top of these changes can help save you more money and avoid hassles and headaches come Tax Day. Here are two major tax changes in 2015 that you'll want to know when you … [Read more]

Millan & Co CPAs | Retirement Planning | (512) 479-6619

Retirement Planning: Don’t delay, start now.

These days, retirement looks nothing like it did generations ago. This means that retirement planning has evolved as well. Long gone are the days of guaranteed pensions and health insurance for life.  With growing health consciousness and longer life … [Read more]

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Holiday Spending Tips

The holiday season is almost here and it is tempting to overindulge in many ways. For your financial future, it is important to resist the snare of overspending. With expensive events, a long list of presents to buy, and travel costs, it’s easy to … [Read more]

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Find a Tax Deduction for Your Charitable Donations

If you’ve recently moved and donated your belongings, given money to a charity, or traveled to volunteer your time, you may be able to claim a tax deduction. Donating to a great cause is, of course, a good deed in itself, but that doesn’t mean you … [Read more]

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Tax Deductions for Working Parents

For families, balancing work and home life can be a difficult task, especially when parents are working. Therefore, it’s important to take advantage of some tax deductions and credits that the IRS can offer to help offset your costs. We're here to … [Read more]