Fontnette Tax & Financial Services

05/29/2026

Underreported income and math errors are key mistakes that can trigger an audit from the IRS. Having your taxes prepared by a professional can significantly reduce this risk.

The IRS is constantly looking for a reason to audit you. There are several red flags that can identify your tax return as one that needs additional attention. Knowing these indicators can help you avoid the unwanted scrutiny.

05/25/2026

Some gave years of their lives. Others gave their last breath.
Today, we don’t just celebrate a holiday, we remember the heroes whose sacrifice gave us the freedom we often take for granted. Honor them by living with gratitude, courage, and purpose. 🇺🇸❤️

05/22/2026

There's still time to lower your tax obligation. Here are five great ideas to consider.

Now is a great time to assess your current tax situation and address any lingering tax questions that may improve your tax picture this year. Here are five things to consider.

05/21/2026

Your home could be helping you save more on taxes than you realize.

From mortgage interest and home improvements to energy-efficient upgrades and state tax deductions, homeowners may qualify for valuable tax-saving opportunities — but only if everything is tracked and reported correctly.

The right tax guidance can help you avoid missed deductions and keep more money in your pocket. Let us help you maximize every benefit available to you as a homeowner.

📞 (409) 344-1660
🌐 Fontnettetaxandfinancialservices.net

05/20/2026

One of the biggest misconceptions about gift taxes is who is responsible for them.

Truth is in most cases, the person giving the gift. not the person receiving it, is responsible for any required gift tax reporting.

Even then, exceeding the annual gift limit does not automatically mean taxes are owed, since lifetime exemption rules may apply.

Knowing the rules before making large gifts can help prevent costly mistakes and filing issues later.

☎️ (409) 344-1660
🌐 Fontnettetaxandfinancialservices.net

05/19/2026

Self-employed? Your travel expenses could be saving you money at tax time.

Many business owners overlook deductible costs like baggage fees, parking, and online booking charges and those missed expenses can add up quickly. Proper documentation and the right tax guidance can help you maximize your deductions and keep more of your hard-earned income.

Don’t miss deductions you’re entitled to claim. Let us help you file strategically and accurately.

📞 (409) 344-1660
🌐 Fontnettetaxandfinancialservices.net

05/18/2026

Many people are surprised to learn that large gifts can create tax reporting requirements.

For 2026, individuals may give up to $19,000 per person without triggering gift tax filing requirements. Married couples may give up to $38,000 per recipient.

Giving more than the annual limit does not always mean you owe tax, but it may require filing a gift tax return and could impact your lifetime exemption amount.

Understanding these rules before transferring money or property can help you avoid unnecessary tax complications.

☎️ (409) 344-1660
🌐 Fontnettetaxandfinancialservices.net

05/15/2026

The gift tax is one of the most misunderstood provisions in the tax code. Here is what you need to know.

Presenting a gift to a grandchild does not normally have us thinking about the taxes. However, if not careful, the over-generous gift giver could end up with a surprise tax bill and a note from the IRS.

05/15/2026

💰✨ Tax credits can significantly reduce what you owe but only if you know what you qualify for.

From individual and business credits to family and student-related tax benefits, there are valuable opportunities many taxpayers overlook every year. Missing even one credit could mean missing money that legally belongs to you.

That’s why having the right tax professional matters. We help identify every eligible credit and make sure your return is prepared accurately and strategically. Reach out now!

📞 (409) 344-1660
🌐 Fontnettetaxandfinancialservices.net

05/14/2026

Did you know certain investment income can be shifted to your child’s lower tax rate?

For 2026, the first $1,350 of a child’s unearned income is generally tax-free, while the next $1,350 is taxed at the child’s lower tax rate.

This strategy may help families reduce overall federal taxes while also creating long-term investment opportunities for children.

Understanding the rules is important, especially when managing investment income and future financial planning.

☎️ (409) 344-1660
🌐 Fontnettetaxandfinancialservices.net