How to Organize Your Financial Records for Tax Season
Tax season can be a stressful time for most people. From the multiple tax forms to the dozens of questions about your income, it can be overwhelming. In this article, we will discuss how proper tax preparation can help you stay on top of things. At Marcus, Fairall, Bristol & Co., located in El Paso, […]
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 […]
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, […]
Beneficial Ownership Reporting
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
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
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
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
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 […]