Failure to Pay Employment Taxes: What This Means

A graphic of an envelope with an American flag stamp.

Paying employment taxes is a critical responsibility for all employers. Failure to meet this obligation can result in severe legal and financial consequences, impacting the business and its responsible parties. Fortunately, our El Paso CPAs at Marcus, Fairall, Bristol + Co., PLLC are here to help you understand what failure to pay taxes means and […]

IRS Tells Thousands of Taxpayers They May Face Jail Time

Tax forms with handcuffs on top of them in El Paso.

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

Two people sitting at a desk in an El Paso accounting firm looking at graphs on a computer.

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 […]

Accounting and Tax Consultation for Medical Practices

An accountant speaking with a person about tax preparation in El Paso.

Like any El Paso business, running a medical practice involves juggling numerous responsibilities, from patient care to administrative tasks. Amidst this demanding landscape, managing the financial aspects of your practice, including tax preparation, is crucial for maintaining stability and growth. At Marcus, Fairall, Bristol + Co., we help local El Paso businesses and individuals stay […]

Tips on Tax Reductions for Businesses

A person holding a calculator and pen while doing business taxes in El Paso.

For businesses of all sizes, managing taxes is a critical aspect of financial planning. Finding ways to legally and strategically reduce tax liabilities can improve cash flow, boost profitability, and contribute to long-term success. If you’re struggling to navigate the complexities of business taxation, Marcus, Fairall, Bristol + Co., PLLC is here to help. Contact […]

Tips on Effective Debt Management for the Business Owner

Two people looking at statistics on a computer in an accounting firm in El Paso.

Effective debt management is critical for the financial health of any business. Business owners must be aware of their debt to develop a plan to manage it and monitor their progress regularly. Doing so can cut costs, promote cash flow, and uphold a good credit score. If you are a small business owner in the […]

An Overview of Forensic Accounting and Its Importance

A magnifying glass on top of financial documents in El Paso.

Forensic accounting is a specialized field that entails the use of accounting, auditing, and investigative skills to uncover financial wrongdoings, misappropriations, and disputes with the help of a Certified Public Accountant (CPA). Forensic accounting aims to generate factual and reliable financial data in the form of expert reports that can be used in legal affairs. […]