Beneficial Ownership Reporting

A person using a computer and calculator for their small business accounting in El Paso.

As of January 1st, 2024, businesses in the United States are required to report standard information about the individual(s) who own or control them. In an attempt to curb illicit finance, meaning the illegal movement of money across borders, the Department of Treasury is enacting new measures to protect the economic security of our country. […]

EV Tax Credits: What You Need to Know

A white electric car charging in El Paso.

As the world continues to look towards green solutions, electric vehicles (EVs) have become increasingly popular in the world of transportation. To encourage the purchasing of EVs and promote sustainability, the United States government is offering tax credits to qualifying businesses and individuals. If you’re looking for El Paso tax preparation services as the new […]

Top Tax Deductions You Might Be Missing

A phone, clock, calculator, glasses, and other items on a white background with the words “TAX PLANNING” in El Paso.

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 […]

Tax Planning for Life Changes

A person in a green shirt with a computer preparing for tax season in El Paso.

Tax planning is the process of organizing and filing your tax returns to the IRS. Typically, this involves gathering documents that are provided by your employers along with your personal information. However, if major life changes happen during the tax year, this can impact your taxes.  Marcus, Fairall, Bristol + Co., PLLC, is El Paso’s […]

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 […]