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Pharr CPA Articles

Pharr CPA Articles

ROTH IRAS: PUT YOUR CHILD’S SUMMER EARNINGS TO WORK

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A Roth IRA allows you to make after-tax contributions instead of pretax contributions, such as those you might make with your own IRA or your employer's 401(k). It's important to create your account as a Roth IRA when set up, even though Regular and Roth IRA's are similar.

DEDUCTING BUSINESS-RELATED CAR EXPENSES

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If you're self-employed and use your car for business, you can deduct certain business-related car expenses. First thing small business owners need to know is that there are two options for claiming deductions

Four Questions Business Owners Should Consider During the Upcoming Tax Season

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Were you eligible to receive the first or second stimulus check, but never received it? If yes, trust me when I say you’re not alone. Many Americans are falling into this category. The second stimulus check had until January 15th to get all the funds dispersed. So if you haven’t received your check by then, these are the steps you need to take.

TAX FILING SEASON STARTS FEBRUARY 12

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Were you eligible to receive the first or second stimulus check, but never received it? If yes, trust me when I say you’re not alone. Many Americans are falling into this category. The second stimulus check had until January 15th to get all the funds dispersed. So if you haven’t received your check by then, these are the steps you need to take.
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