Material participation key to deducting LLC and LLP losses

August 7, 2017 3:02 pm

If your business is a limited liability company (LLC) or a limited liability partnership (LLP), you know that these structures offer liability protection and flexibility as well as... (more)

6 ways to control your unemployment tax costs

July 31, 2017 2:59 pm

Unemployment tax rates for employers vary from state to state. Your unemployment tax bill may be influenced by the number of former employees who’ve filed unemployment claims with... (more)

Caring for Your Business Entity: Regular Maintenance is Critical

July 27, 2017 2:55 pm

Forming a business entity – whether it is a corporation, a limited liability company, a professional corporation or association, a professional limited liability company, or other form of... (more)

ESOPs offer businesses tax and other benefits

July 24, 2017 3:52 pm

With an employee stock ownership plan (ESOP), employee participants take part ownership of the business through a retirement savings arrangement. Meanwhile, the business and its existing owner(s) can... (more)

We are Hiring! Now Accepting applications for Associate Attorney

July 21, 2017 10:00 pm

Frank Leffingwell & Associates, PC has a position for an associate attorney with 2-4 years of transactional experience.  The firm’s transactional practice consists of mergers and acquisitions, business... (more)

Leffingwell Named Board President of Brushy Creek Regional Utility Authority

July 19, 2017 4:06 pm

Brushy Creek Regional Utility Authority (BCRUA) announced that Frank Leffingwell, Round Rock City Councilmember and well-known tax attorney, will be board president of the BCRUA. The BCRUA, a... (more)

3 midyear tax planning strategies for business

July 17, 2017 3:46 pm

Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will include and whether it will be signed into... (more)

Video: Selling Your Business

July 12, 2017 5:16 pm

July 2017 Newsletter

July 11, 2017 5:05 pm

Don’t miss our July 2017 newsletter! In this edition: A Buy-Sell Agreement is Just as Important as Estate Planning Tax Reform, Economic Development, Mobility Top the List for... (more)

All fringe benefits aren’t created equal for tax purposes

July 10, 2017 9:55 pm

According to IRS Publication 5137, Fringe Benefit Guide, a fringe benefit is “a form of pay (including property, services, cash or cash equivalent), in addition to stated pay,... (more)