Rebel Lea Robertson, CPA

Rebel Lea Robertson, CPA Rebel Lea Robertson, CPA provides quality, personalized financial guidance to individuals and busine

01/12/2022

New Year...New Business?

Taxes are an important and inevitable part of running a business, but owners, particularly those who are just starting up, need to avoid what accountants call “the tax tail wagging the dog.” In other words, don’t make business decisions based on how many deductions you might be able to take — spend money primarily because it makes good business sense.

10/19/2021

The $5 trillion in wealth now held by 745 billionaires is two-thirds more than the $3 trillion in wealth held by the bottom 50% of U.S. households estimated by the Federal Reserve Board. This is according to an op-ed in the Washington Post by Paul Waldman and Greg Sargent. Considering that our nation has debt of just under $28 trillion, there obviously isn't enough out there to pay it off. What do you think will happen?

Good reminders if you are looking for a job....
11/16/2020

Good reminders if you are looking for a job....

Trying to land a new job is hard. But it can be just as difficult to find the right candidate for a role. After all, it's difficult to really get to know a candidate and her personality after a short interview—even several rounds of interviews. Plus, she'

What do you think?
11/13/2020

What do you think?

Advice from a labor and employment lawyer about getting back to work safely.

10/30/2020

As a CPA, you can imagine that I have been keeping up with tax plans from the candidates. I continue to see misinformation being spread on social media concerning former Vice President Biden's tax plan. The technical resources that I use are saying they expect income taxes will go up for people making over $400,000. They also expect that the income tax rate for corporations will rise to 28%. The part that has been a bit more murky is whether he will eliminate the F**A ceiling. If he does that, then payroll taxes will go up for people who earn wages over $137,700.

Today is the last day to register to vote in the 2020 election! If you haven't registered yet, please go to this website...
10/05/2020

Today is the last day to register to vote in the 2020 election! If you haven't registered yet, please go to this website:

https://www.votetexas.gov/register/index.html

YOUR VOTE COUNTS!!

If you moved from one place to another in the same county, you can change your information online at the Secretary of State’s Voter Registration Name/Address Change website.

Not good for the profession. The problem is that the IRS lacks the resources to adequately keep up with it. The IRS clea...
06/23/2020

Not good for the profession. The problem is that the IRS lacks the resources to adequately keep up with it. The IRS clearly needs to at least suspend their ability to e-file returns and renew their preparer identification numbers.

Our analysis of the Return Preparer Database as of November 2018 identified 10,495 preparers who prepared more than 2 million tax returns for clients in Processing Year (PY) 2016, but did not file a Tax Year 2016 personal tax return.

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