We've Moved!

Our new address is 8204 Brodie Lane, Suite B106.

We’re thrilled to announce the transition from Jeanine Hemingway, CPA, PC to Hemingway & Buchanan, CPA, PC—an accounting firm based in Austin, proudly offering tax planning, tax preparation, bookkeeping, and accounting advisory services to clients across Texas and beyond.

After over two decades building a well respected firm, Jeanine Hemingway, CPA, has officially teamed up with Karen Buchanan, CPA, a longtime tax manager and managing principal of the firm, to bring even more expertise and personal attention to our growing client base.

And even bigger news—we’re moving! As of Tuesday, July 1st, you’ll find us at our beautiful new location: 📍 8204 Brodie Lane, Suite B106, Austin, TX 78745

Thank you for your continued trust and partnership. We’re so excited for this next chapter—and honored to serve you with even more dedication, expertise, and heart.

TAX PLANNING, TAX PREPARATION,

BOOKKEEPING, AND ACCOUNTING

Hemingway & Buchanan, CPA is a tax planning, tax preparation, bookkeeping, accounting, and advisory firm located in Austin, Texas. Our goal is to provide each client with professional and personalized service. The firm’s staff are experts in the areas of accounting and tax preparation and planning. We combine sound advice and an innovative approach to achieve our clients’ financial, accounting, tax, and business needs.

Our firm works with clients including startups, mid-market and closely held companies, professional services firms, as well as individuals and families. If you are seeking solid tax, bookkeeping, or advisory services—or a blend of it all, Jeanine Hemingway CPA looks forward to earning your trust and making your life less taxing. Our mission is to provide quality bookkeeping and tax services in a supportive environment.

Thank you for visiting our site. We hope you find it informative.

Curious where the IRS stands regarding your refund? Here is a link: https://www.irs.gov/refunds

Client Document Portal

Payment Portal

Make Your Life Less Taxing: 2021 Tax Planning Strategies

TAX DEADLINES

October 15: Deadline to file your extended Form 1040 & 1120 2024 tax return.

October 15: C corporations — Deadline to file calendar-year returns if an extension was requested (Form 1120).

October 15: Monthly payroll tax deposit — For taxes collected in September.

November 10: Tip income reporting — Report October tips to employers.

November 17: Monthly payroll tax deposit — For taxes collected in October.

December 10: Monthly payroll tax deposit — For taxes collected in November.

Announcements

401K CHANGE IN 2025

401(k) limits in 2025 have increased to $23,500 and those over 50 can contribute an additional $7.5k (for a total of $31k). IRA’s increased to $7k and $8k for those over 50.

S-Corporations,

In order to stay in compliance, All, more-than-2%-S-Corp owners should be reviewing their payroll compared to their net profitability. We recommend doing it in the middle of the tax year, and once again before the end of the year.

New Unemployment Rates

Send your payroll services your new State Unemployment rate. TWC is now down to 0.25% or $22.50/year.

Employee Retention Credit (ERC) – Voluntary Disclosure Program

The IRS is auditing ERC claims. If you fail an audit, the penalty could be between 20% and 75% of the ineligible claim. If you claimed and received the ERC but you are ineligible and need to repay the ERC, you can apply for the Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) follow this link for details.