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Welcome to our Resources section, where you will find articles on accounting, tax, and finance for businesses and individuals, as well as resources to aid in business financial planning across a variety of industries we serve. Please contact us for personalized advice in accounting and finance. Maxwell Locke & Ritter is here to offer trusted guidance.
Maxwell Locke & Ritter is pleased to announce Tara Hojnacki, Michelle Kopplow, and Shannon Peterson as new partners of the firm.
The key to any year-end planning strategy is to minimize taxes. This is generally done by either reducing income or increasing deductions. In recent years, the strategy to defer income or accelerate deductions has also been impacted by the possibility of increased tax rates due to proposed legislation. As the end of 2023 approaches, however, the impact of inflation is also a factor to consider.
As another year draws to a close, business owners are advised to assess their current tax situation and consider any steps that may be taken between now and year end. We have outlined some highlights for business owners to focus on for their year-end tax planning.
Maxwell Locke & Ritter has outlined a few 2023 year-end tax planning strategies for investors and individuals with estate and gift planning needs in this article.
Maxwell Locke & Ritter LLP, the largest locally-owned and managed CPA firm in Central Texas, is thrilled to announce that our Leading Partner Kyle Parks, CPA, has been recognized as an ABJ Power Player by the Austin Business Journal.
When liquidation is imminent, the liquidation basis of accounting may be used. Here are the factors that go into a going concern assessment.
Many businesses provide education fringe benefits so their employees can improve their skills and gain knowledge. An employee can receive, on a tax-free basis, up to $5,250 each year from an employer for education under a “qualified educational assistance program.” Learn more about setting up an education assistance or student loan repayment plan for your team.
Timing counts in financial reporting. Here’s an overview of the rules that apply to revenue and expense recognition under U.S. Generally Accepted Accounting Principles (GAAP).
In the realm of collegiate sports, few names carry as much weight as Chris Del Conte’s. As the Vice President and Athletics Director at the University of Texas, Del Conte has cemented his status as a visionary leader, driving the Longhorns’ athletic program to new heights of success and prestige. In this article, we delve into his remarkable journey and transformative tenure, from groundbreaking achievements to his forward-thinking plans for the future of Texas Athletics.
Maxwell Locke & Ritter has been named in INSIDE Public Accounting’s 32nd annual ranking of the largest accounting firms in the nation: the IPA Top 200. ML&R continues as the highest ranking Austin-based firm on the list.
The IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which taxpayers must begin taking required minimum distributions (RMDs) from retirement accounts.
This Best HR Teams in America award, presented by the Best Companies Group, recognizes the top-performing Human Resources teams across the United States who have demonstrated exceptional leadership, innovation, and impact on their organizations.
Four winners and the 2023 Legacy Award recipient were revealed at a June 13 ceremony at Hotel Van Zandt.
Our team includes specialists who have a proven track record of helping their clients reach their financial goals. For audit services, tax preparation, transaction advisory, IT security & compliance, wealth management, and 401(k) plan management, we can help answer your questions and get you on the right track.
Contact us today to see how we can help you reach your financial goals.
