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., […]
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 […]
Failure to Pay Employment Taxes: What This Means
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
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 […]
Accounting and Tax Consultation for Medical Practices
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
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
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 […]