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Do I Need to Report Every Stock Trade on My Tax Return?
A Guide for Texas Investors by Valentine & Associates, CPAs If you invested actively in the stock market this year, you may be wondering:“Do I really have to report every single trade on my tax return?” The short answer is yes, every sale or exchange of stock must be reported to the IRS. But that…
Read MoreThe 2025 Texas Business Tax Outlook: What Marble Falls Business Owners Need to Know
Texas business owners are heading into 2025 with a mix of optimism and uncertainty. Between new tax rules, shifts in sales tax revenues, and evolving compliance standards, the landscape is changing fast—especially for small businesses in Marble Falls. At Valentine & Associates, we’re monitoring these developments closely so you can plan ahead, reduce surprises, and…
Read MoreHow Declining Sales Tax Revenue Impacts Marble Falls Businesses—And How Your CPA Can Help
Sales tax collections in Texas have recently seen fluctuations, with some regions—including the Hill Country—reporting dips compared to prior years. For small businesses in Marble Falls, this may sound like an issue reserved for lawmakers. But in reality, shifts in sales tax revenue can directly affect your cash flow, business planning, and profitability. As a…
Read MoreHow Tariffs Affect Texas Businesses—And How a Local CPA Can Help You Stay Profitable
Tariffs aren’t just a political issue—they’re a bottom-line issue, especially for Texas-based businesses. Whether you’re importing parts, materials, or finished products, tariff increases can inflate costs and shrink margins. Here in Marble Falls Texas, where many local businesses rely on supply chains that stretch far beyond Texas, understanding the impact of tariffs is more important…
Read MoreWhat Local Business Owners Can Learn from Marble Falls’ Mid-Year Budget Review
As the City of Marble Falls reviews its budget halfway through the fiscal year, there’s more to the story than just municipal numbers. This mid-year budget review is not only a critical part of local governance—it’s also a great reminder for small business owners to do the same. At Valentine & Associates CPA, we help…
Read MoreWhat Falling Texas Sales Tax Revenues Mean for Marble Falls Businesses — And How a Local CPA Firm Can Help
Recent data from the Texas Comptroller’s Office revealed a notable trend: state sales tax revenues for March 2025 totaled $3.68 billion, a 2.7% decline compared to the same period last year. While this might seem like a statewide issue, the ripple effects are very real for businesses in Marble Falls, TX — especially small and…
Read MoreMaximize Section 179 Deductions: A Smart Move for Marble Falls Business Owners
As a business owner in Marble Falls, TX, you know how important it is to make the most of every dollar — especially when it comes to taxes. One of the most powerful and often underutilized tax strategies available is the Section 179 deduction. If you’ve invested in new equipment, vehicles, or software this year,…
Read More2025 Business Meals & Entertainment Deductions: Stay Compliant and Save
Guide to Meals & Entertainment Deductions for 2025 Understanding the complexities of tax deductions for meals and entertainment is essential for businesses aiming to optimize their tax liabilities. Understanding what expenses are deductible, and to what extent, can significantly impact your financial planning. This guide provides an overview of the current rules for 2025 and…
Read MoreYear-End Payroll Processing in Round Rock, Texas: What Local Businesses Need to Know
Year-End Payroll Processing in Round Rock, Texas: What Local Businesses Need to Know As the year comes to a close, businesses in Round Rock, Texas, are gearing up for one of the most critical financial tasks: year-end payroll processing. For small and medium-sized enterprises (SMEs), ensuring accurate payroll management is essential not only for maintaining…
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