What’s New for This Year’s Tax Season? Updates You Need to Know
The start of a new tax season brings changes that can impact your filing process. Whether you’re filing as an individual or a business, staying informed is essential to making the most of your return. At Marcus, Fairall, Bristol + Co., PLLC, we specialize in tax preparation in El Paso and can help you navigate […]
Estate Taxes: An Overview
Estate taxes are a crucial aspect of financial planning and wealth management, yet they remain one of the most misunderstood areas of taxation. For individuals and families seeking to preserve their wealth and ensure a smooth transfer of assets to future generations, understanding estate taxes is essential. Marcus, Fairall, Bristol + Co. is El Paso’s […]
The Role of an Accountant in Your Small Business: When to Hire Help
Are you the owner of a small business and are having trouble keeping track of your finances? Did you know that hiring an El Paso accounting firm can benefit you and your company? We will talk about why it’s worth it to hire an accountant for your small business. At Marcus, Fairall, Bristol + Co., […]
What to Do If You Make a Mistake on Your Tax Return
Doing your taxes can be stressful and sometimes confusing. Though mistakes can happen, it’s important to fix any errors as soon as possible on your tax return. In this article, we will explain what you can do if you make a mistake on your return(s). At Marcus, Fairall, Bristol + Co., located in El Paso, […]
Understanding Different Types of Accounting Services and What They Mean for You
Are you looking into an accounting service but unsure which would work best for you? Did you know there are a few different services an accounting firm can offer you? Here, we will discuss the different kinds of accounting services and what they do. At Marcus, Fairall, Bristol + Co., located in El Paso, TX, […]
How CPAs Can Help Navigate Tax Law Changes
Navigating tax law changes can be a daunting task for individuals and businesses alike. Certified Public Accountants (CPAs) play a crucial role in helping taxpayers understand and adapt to these changes, ensuring compliance, and optimizing tax outcomes. As tax laws change, Marcus, Fairall, Bristol + Co., PLLC is here for all of your tax planning […]
IRS Tells Thousands of Taxpayers They May Face Jail Time
The IRS has recently issued warnings to thousands of taxpayers, indicating they could face jail time for filing false tax returns. This crackdown is a response to widespread fraudulent claims related to specific tax credits, such as the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes. If you’re concerned about […]
The Benefits of Outsourcing Accounting Services for Small Businesses
Feeling overwhelmed with all those numbers and taxes? Running a small business is tough, especially when you’re juggling everything alone. There’s a smart solution: outsourcing your accounting. When it’s time to team up with pros, look no further than Marcus, Fairall, Bristol + Co, PLLC. We’re a group of certified public accountants (CPAs) right here […]
Top Tax Deductions You Might Be Missing
As you prepare for the upcoming tax season in El Paso, it’s time to note all the areas where you can save money. While many taxpayers are aware of popular deductions, such as mortgage interest and charitable contributions, you may benefit from plenty of other deductions. Marcus, Fairall, Bristol, & Co. is El Paso’s reliable […]
What Types of Cases Do Forensic Accountants Handle?
Forensic accounting is detective work: It is very much a process of following the money. David Marcus is the managing partner of Marcus, Fairall, Bristol & Co., PLLC; the only accounting firm certified to offer forensic accounting services in the El Paso area. He says that Forensic accounting firms play a critical role in uncovering […]