Whether your business is the law, or a business with accounting or asset protection needs, our business has been “Solving clients’ problems" since 1977.

News & Events

How the IRS Deals With Frivolous Claims

How the IRS Deals With Frivolous Claims

Frivolous may be a word often used in British comedies but the IRS is quite fond of it as well. Receive a letter from the IRS accusing you of frivolous deductions or that your reasons for failing to file taxes altogether are frivolous, and you may be in some very hot water. 

Texas CPAs and Confidentiality

  • 28 June 2016
  • Author: Alexander Carr
  • Number of views: 1158
  • 0 Comments
Texas CPAs and Confidentiality

It’s a case that has business owners scratching their heads. Two former PwC accountants were recently on trial in Luxembourg accused of leaking corporate tax details to the press.  Are the accountants whistleblowers who should be praised or did they commit an unethical breach of confidentiality? Does the case hold any lessons to be learned for Texas small business owners?

3 Huge Family Business Structure Mistakes

3 Huge Family Business Structure Mistakes

Choosing the right business structure can be confusing. The correct structure may hinge on how many employees you have, the type of business you’re in and even how much money you make. These factors, as well as evolving tax laws, can change over time, leaving many family business owners with business structures that simply don’t suit them (for instance, a corporation that should be a partnership).


Can a Family Business Be Innovative?

  • 27 April 2016
  • Author: Cari Holbrook
  • Number of views: 1001
  • 0 Comments
Can a Family Business Be Innovative?

Transgenerational entrepreneurship. This intimidating term is not the latest focus of a People Magazine cover story. Instead, it’s a business succession term used by organizations like Baylor University’s Institute for Family Business to describe the process of passing along not just a family business from generation to generation but the entrepreneurial mindset and capabilities that will enable new streams of wealth.

Avoid These 3 Common Tax Filing Mistakes

  • 24 March 2016
  • Author: Cari Holbrook
  • Number of views: 1098
  • 0 Comments
Avoid These 3 Common Tax Filing Mistakes

Done with your taxes? Are you sure? Nothing is more frustrating than handing over your taxes and then realizing you overlooked some major deductions or—worse yet—made mistakes that could cost you.

Succession Planning: Identify Your Company's Future Leaders Early

  • 27 January 2016
  • Author: Cari Holbrook
  • Number of views: 1189
  • 0 Comments
Succession Planning:  Identify Your Company's Future Leaders Early
Who will carry your business into the future? Do you have your successors identified? Do you have a succession plan? How will you know whether or not to look outside the family for the future of your company, even if you run a family business? These are difficult questions to answer but they’re also extremely important to address when it comes to the long-term success of your business.

The State of Texas Is Cracking Down on Employee Misclassification

  • 18 November 2015
  • Author: Cari Holbrook
  • Number of views: 1403
  • 0 Comments
The State of Texas Is Cracking Down on Employee Misclassification
The Texas Workforce Commission is cracking down on employee misclassification, primarily as it applies to independent contractors (W9 workers). Before dismissing the issue as not pertaining to you and your business, understand that the TWC and related agencies may not agree with you.

Are You Truly a "Family of Entrepreneurs"? Does It Matter?

  • 28 October 2015
  • Author: Cari Holbrook
  • Number of views: 1774
  • 0 Comments
Are You Truly a "Family of Entrepreneurs"?  Does It Matter?

Visionary, risk taker, charismatic. These characteristics likely come to mind when describing an entrepreneur. But not everyone who goes into business for themselves is a typical entrepreneur, especially when it comes to starting a family business.

Growing Business, Mounting Employment Taxes: A Bankler Case Study

  • 23 September 2015
  • Author: Cari Holbrook
  • Number of views: 1537
  • 0 Comments
Growing Business, Mounting Employment Taxes:  A Bankler Case Study

Business growth is great. It’s the American dream. But without the right team on your side, the IRS can quickly turn that dream into a nightmare. 

“I failed to realize that middle management was the key to making it all work,” a business owner—now a Steven Bankler, CPA, Ltd. client—confessed when explaining how his company’s rapid growth from three locations to 20 locations in an 18-month period turned into a long-term battle with the IRS.

Selling Mutual Funds? Don't Forget This Tip

  • 26 August 2015
  • Author: Cari Holbrook
  • Number of views: 1665
  • 0 Comments
Selling Mutual Funds?  Don't Forget This Tip

If you buy stocks or have a mutual fund set up to automatically buy or reinvest shares regularly, it’s important to keep track of your cost basis. By doing this, you may be able to greatly reduce your capital gains tax if you ever need to sell some of the shares before retirement.

RSS
123

Expertise

When you hire Steven Bankler and his team of certified public accountants, you get seasoned, knowledgeable CPAs.

The IAPA International LogoRather than experienced bookkeepers, promising CPAs-in-training or studious interns in the process of completing their accounting degrees, you get professional CPAs. We Solve Problems. We provide creative solutions to our clients’ unique problems including tax and estate planning, forensic accounting, expert witness and litigation support.

Testimonials

Curriculum Vitae

Quoted Opinions

Newsletter Signup

First Name:
Last Name:
E-Mail: