by Jeanine Hemingway CPA | Sep 19, 2025 | Business, Business Tax Breaks, Tax Blog, Tax Planning, Taxonomy
As we approach the final stretch of the year, business owners across Texas are preparing for Q4 with a mix of anticipation and urgency. The transition from September into October, the beginning of Q4, marks a critical time to assess your financial records, streamline...
by Jeanine Hemingway CPA | Jul 23, 2025 | Big Beautiful Bill, Business, Tax Planning
How This New Act Will Impact Your Wallet, Your Business, and Your Family The One Big Beautiful Bill (OB3) Act has officially passed, and it’s already sending ripples through households and boardrooms. Whether you’re a local café owner, a freelance designer, or a...
by Jeanine Hemingway CPA | Apr 30, 2025 | Uncategorized
The IRS entered the year with approximately 100,000 employees. Like other federal agencies, the IRS has seen mass firings, voluntary resignations, and changing key leadership positions. Reports show the IRS will have to cut nearly 6,700 employees—roughly 40% of its...
by Jeanine Hemingway CPA | Feb 7, 2025 | Business, Tax Blog, Tax Planning
As you enter your 40s and 50s, retirement no longer feels like a distant dream—it’s coming into focus. The good news is that you still have ample time to enhance your savings and secure your financial future for the retirement you want and ultimately deserve....
by Jeanine Hemingway CPA | Dec 9, 2024 | Tax Blog, Tax Planning
If you’re using Venmo for business transactions, it’s time to pay close attention to the upcoming changes in the 1099-K reporting threshold. For 2024, the threshold is set at $5,000. However, starting in 2025, this threshold will drop dramatically to just...