By: Carlos Nazario CPA, JD, Tax Director at Millan and Co, PC, Austin, TX. February, 2019. carlos@millancpa.com The Tax Cuts and Jobs Act of 2017 (TCJA) created a new 20 percent deduction for qualified business income from sole … [Read more]
Presidential Candidate’s Positions on Taxes [Infographic]
With the 2016 elections fast-approaching, it's important to understand where the various presidential candidates stand when it comes to taxes. Take a look at this infographic from MBACentral.org to learn more about each candidates' tax position. … [Read more]
5 Tips to Save Money this Holiday Season
The holidays are all about giving, but it can be a tricky task to act out pure generosity without finding yourself penniless come new year. Luckily, with a bit of creativity and foresight, you can indulge in all your favorite holiday traditions while … [Read more]
Saving Money by Sharing Has Never Been Easier
The sharing economy has re-configured the way we operate and live. Thanks to smart phones, virtually any need can be met instantly with the click of a mobile app. These sharing apps provide seemingly endless possibilities for consumers to unite … [Read more]
How Much Income Should I Set Aside Monthly?
Planning for the future - and for the unexpected - requires long-term preparation. How much money do you need to set aside for your retirement? What about for emergencies such as home and car repairs, medical bills, or job loss? If … [Read more]
Ensure your Small Business Is Using The Best Financial Management Programs
Small business owners have disparate needs and objectives. The need for a strong program to manage finances, however, is imperative whether you are a start-up, consultant, freelancer, sole-proprietor, or a growing microbusiness. The day-to-day … [Read more]
What’s A Gold-Backed IRA and How Can You Use It?
Setting up an IRA (Individual Retirement Account) is a secure way to garner a steady retirement nest egg over the span of your career. There are many types of IRA’s; which one is right for you is determined based on your … [Read more]
Tips For Avoiding Non-Profit Scams
Participating in philanthropic endeavors is an invaluable way to give back to the community and causes that you, or your company, are passionate about. In this digital age however, it’s important to carefully research the organization in question to … [Read more]
Mark Your Calendars – Congress Enacts New Due Dates For Taxes
On July 31 Preseident Obama signed the short-term mass transit and highway funding extension bill into law, which continues to provide funding for transportation projects. Additionally, Congress included in the bill a number of changes to tax … [Read more]
Know The Difference Between A Budget and A Forecast?
Financial management directly influences the performance of your business. Overestimate cash flow, and you could find yourself in the red. Underestimate, and you could miss out on investment opportunities. To ensure proper fund forecasting and … [Read more]