When Does a Promissory Note Create Basis in Controlled Company Stock? – Houston Tax Attorneys
Business owners have choices in how to fund their corporations. Should they contribute cash? Property? Perhaps a promissory note? There ...
Sunday, April 12, 2026
Tag: Houston
COVID-19 Extended Tax Deadlines Longer Than Many Realized – Houston Tax Attorneys
Taxpayers have various tax filing deadlines throughout the year. Missing one can trigger penalties, interest charges, and collection actions. When ...
Installment Agreements Can Extend the IRS Collection Deadline – Houston Tax Attorneys
The IRS has ten years to collect unpaid taxes after assessment. But that deadline isn’t always final. Those with unpaid ...
Tax Planning for Net Operating Loss Carryback Elections – Houston Tax Attorneys
Congress has used Section 172 for net operating losses to stimulate the U.S. economy. It has done this by allowing ...
Who Qualifies as a “Designer” for Section 179D Energy Tax Deductions? – Houston Tax Attorneys
Contractors regularly upgrade HVAC systems and lighting in commercial buildings to improve energy efficiency. These projects can be expensive. When ...
Qualified Offer Delivery: “Addressed To” vs “Delivered To” – Houston Tax Attorneys
You’ve done everything right in working with the IRS and the IRS still got it wrong. You’ve exhausted your administrative ...
Convert Interest Income to Capital Gains on Sales by Omitting Interest? – Houston Tax Attorneys
Business transactions can be structured in any number of ways. Those who are tax savvy can structure their transactions to ...
Can the IRS Require Personal Information for a Business Tax Debt? – Houston Tax Attorneys
You have a business entity. You took the time to form it. You made all of the tax filings. And ...
Churches, Families, and Private Inurement – Houston Tax Attorneys
When you earn a dollar, you pay income tax and probably paid payroll or self-employment tax on it. When you ...
The Difference Between a Bad Business Investment and a Theft Loss – Houston Tax Attorneys
Business ventures fail for countless reasons. Partners mismanage funds. Projects never materialize. Promises about how capital will be deployed go ...
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