Tax Refunds Lost to Timing Rules: Lesson, File Early, Pay Late – Houston Tax Attorneys
You should always pay your taxes on time, right? After all, early payment avoids tax penalties and interest, and shows ...
Tuesday, June 2, 2026
Tag: tax
Navigating the Highway Transportation Excise Tax – Houston Tax Attorneys
Many of our tax laws are written in very broad language. This provides a significant advantage to the IRS, as ...
IRS Cannot Assess Foreign Information Return Penalties – Houston Tax Attorneys
Many businesses today have some international transactions. Many U.S. businesses even have operations in foreign countries–which may include ownership of ...
Leveraging the 2025 Annual Gift Tax Exclusion for Estate Planning
In 2025, the annual gift tax exclusion amount has been updated, providing individuals with a strategic opportunity to minimize their ...
Attorney Fees in Tax Litigation: Jury Says Yes, Judge Says No – Houston Tax Attorneys
In most litigation, each party pays their own attorney fees regardless of who wins the case. This “American Rule” applies ...
Frivolous Tax Returns Avoid Accuracy-Related Penalties – Houston Tax Attorneys
Our federal tax system depends on voluntary compliance by a large segment of taxpayers. Encouraging compliance, while deterring and punishing ...
Charitable Deductions for Defective Inventory – Houston Tax Attorneys
Manufacturers and retailers frequently face the challenge of handling defective or obsolete inventory that cannot be sold. This situation often ...
Understanding the 2025 Gift and Estate Tax Exemption Changes: How They Affect Your Estate Plan
As we approach 2025, changes in gift and estate tax exemption limits are expected to impact how individuals and families ...
Signature Not Required on Tax Return for Criminal Liability – Houston Tax Attorneys
One of the requirements for a document to be a tax return is that it is signed by the taxpayer ...
No Collection Rights for IRS-Assessed FBAR Penalties – Houston Tax Attorneys
The IRS’s historical abuses led Congress to create specific taxpayer rights, including rights stemming from collection due process (“CDP”) hearings. ...
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