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]

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]

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]

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]

File a Simple IRA for your Business Before October 1st

If you are unaware about can salaried employees get overtime payments then here is the answer to it. The deadline for filing a Simple IRA for your business is approaching fast. What is a Simple IRA? The Simple IRA allows small businesses to … [Read more]

Benefits of an Audit

Benefits of an Audit

The benefit of an audit is that it provides assurance that management has presented a "true and fair" view of a company's financial performance and position. An audit underpins the trust and obligation of stewardship between those who manage a … [Read more]

Who Pays Estate Taxes

Who Pays Estate Taxes?

According to the IRS, estate tax is a tax on your right to transfer property at your death. Usually the tax is determined by calculating the fair market value of everything you own or have certain interests in at the date of death. You can get more … [Read more]

Corporate Compliance

Corporate Compliance That Makes Sense

It’s hard to keep up with compliance requirements when there are so many new regulations being added every day. Unless you have an internal auditor, how do you know if your company is following all the rules? Even if you have an internal auditor, … [Read more]

Benefits of an LLC

Benefits of an LLC

An LLC is a limited liability company. This hybrid business entity provides the limited liability features of a corporation as well as the tax efficiencies and operational flexibility of a partnership. There are no owners in an LLC, but rather … [Read more]