Clients often ask CPAs about the best entity structure for holding real estate. The typical response? “A Limited Liability Company (LLC).” Sometimes clients follow up with, “Why not an S...

The landscape surrounding Texas’s economic force remains steadfast in growth and opportunity, maintaining a 4.1% unemployment rate in April 2024, attaining a $2.6 trillion dollar economy in 2023, and achieving...

We are pleased to announce that, as part of MSC acquisition of Probity, we will be transitioning to a new email domain: @msc.tax. Please add @msc.tax to your email address...

Tax Policy/News: April 15: IRS Marks 70th Anniversary of April 15 Tax Filing Deadline On this Tax Day, the Internal Revenue Service (IRS) marks a significant milestone: the 70th anniversary...

Tax Policy/News: March 27: Senate braces for high-stakes ruling that will decide the fate of Trump’s tax cuts Senators are expecting a decision next week from the parliamentarian that will...

Tax Policy/News: March 17: IRS suffers another $20B budget cut The continuing resolution signed by President Trump included a $20.2 billion rescission in the IRS’s budget, further reducing the $80...