Blog
Your San Antonio Tax Friend’s Thoughts on Navigating a Banking Crisis
Crisis is a word that gets used a lot these days. Especially in headlines. It’s loaded with meaning… and feelings. These days you might find yourself spinning out with something like panic, dread, fear, anxiety, and any variety of mental/emotional...
Back to Basics with Your San Antonio Small Business Taxes
Starting a business is an exciting (and scary) step. Initially, you were equipped with a vision, some basic business know-how, and a plan. You also likely understood that you had tax obligations (you’re a taxpayer after all). However… having a general idea...
Bank Failure Lessons San Antonio People Should Learn
Urgency is a tyrant. Especially when things go awry related to your money. You’re motivated to defend it with an iron grip … even at the expense of your overall state of mind.That’s how the banking “crisis” has a lot of people feeling right now. If you’re...
Do All San Antonio People Pay Taxes on Social Security Benefits?
We’re in the last leg of the regular tax season here. My office has been working overtime (often literally) cranking out returns for our San Antonio clients. If you haven’t touched base with us yet, and still need to process and file your paperwork, things will be a...
Michael A. Essick, CPA, PLLC on Removing a Tax Lien from Your Credit Report
Debt is such a dream killer.It has a way of strangleholding your best-laid plans and keeping you from things like……buying a house…taking a vacation…making a career change…building a good retirement…starting a businessThe list could go on.A particularly difficult kind...
Need Extra Time to File Your Taxes?
Spring has truly sprung in San Antonio, and also did you know that we’re two weeks away from the tax deadline?Here at Michael A. Essick, CPA, PLLC, the home stretch means our heads are all wrapped up in paperwork, but we’re still able to notice that lawn mowers have...
Understanding the Gift Tax and Estate Tax
Reading emails sent by the IRS isn’t exactly keep-you-up-at-night fare.But there’s something about reading about scammers that I find oddly satisfying.And they (the IRS) has continued to send out mass warnings in their “Dirty Dozen” series, shedding light on the shady...
San Antonio Businesses: Avoiding the Employee Retention Credit Cons
Seen any ads lately about how your San Antonio business can still claim the Employee Retention Credit (ERC)? There are a lot of false claims out there saying you could receive thousands in government money to help your business. Naturally, in an economic crisis, that...
Crowdfunding Campaigns: Essick’s Tax Thoughts
Spring is officially here — hello daylight past 7 pm and enjoying the sun a little bit after work, too. And that makes everyone happier.And as tax season rolls along here, we’ve been meeting with a bunch of San Antonio clients, submitting returns, and helping many...
Considerations for Choosing a San Antonio Tax Advocate
There has been a lot of market noise about Silicon Valley Bank (SVB). When a huge bank (#16 in the country) is taken over by the feds, it’s worth at least a mention.But here’s my quick take:Unless you are a CFO of a startup or you actually live in the Silicon Valley...
The Scoop on Property Seizure for San Antonio Taxpayers
Everyone can agree that the solid bedrock of any relationship is communication.And, as any couple knows, failing to communicate means backlash and a heap of relationship issues. Non-communication elicits drastic responses. I’m not just referring to your...
Audit-Ready Basics for San Antonio Filers
About 43 days left in “tax season.”That’s right. Only 43(ish) days to fill out those tax forms and submit them to the IRS so you can close the cover on the book of 2022.My team and I have obviously been taking care of this for our San Antonio clients, marking hundreds...