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The U.S. economic year ahead: Regime change, growth and rising interest rates

The U.S. economic year ahead: Regime change, growth and rising interest rates

Since the American economy emerged from the shocks of the pandemic, we have made the case that it is undergoing a fundamental structural change.
FASB’s proposed updates on software development accounting

FASB’s proposed updates on software development accounting

The Financial Accounting Standards Board (FASB) proposes changes to accounting for internal software development costs. Learn about the proposed changes and how they might affect your company's financial reporting.
Don’t fall for tax clickbait: how to spot dubious financial advice online

Don’t fall for tax clickbait: how to spot dubious financial advice online

Think you can spot misleading tax advice online? You might be surprised. Discover how even savvy individuals can fall prey to dubious claims and learn the red flags to watch out for.
Smart year-end tax moves for businesses

Smart year-end tax moves for businesses

As year-end approaches, small business owners face crucial tax planning decisions that can impact their financial health. From leveraging deductions and managing cash flow to understanding the intricacies of the QBI deduction, this article offers strategic insights to optimize your tax position before ringing in the new year.
Understanding the national debt: implications and strategies for your financial future

Understanding the national debt: implications and strategies for your financial future

The United States is grappling with an escalating national debt that now exceeds $35 trillion, a staggering burden with far-reaching economic implications. Explore the causes, current state, and potential solutions to this pressing issue, and understand what it means for our future. Read on to discover how it affects us all and what steps can be taken to steer toward a sustainable fiscal path.
FASB issues final guidance on disaggregated expense disclosures

FASB issues final guidance on disaggregated expense disclosures

ASU 2024-03 requires public business entities to disclose disaggregated information about certain income statement expense line items.
November Insights Newsletter

November Insights Newsletter

We want to remind you about the new Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are still applicable.
How businesses can plan for tax changes under the Trump administration in 2025

How businesses can plan for tax changes under the Trump administration in 2025

Tax changes are coming in 2025 under the new Trump administration and unified Republican Congress. Here's businesses can prepare.
Premium Tax Credit: your top questions answered

Premium Tax Credit: your top questions answered

Navigating the complexities of the Premium Tax Credit (PTC) can be challenging. This article answers your most pressing questions about eligibility, calculations, and how to make the most of this refundable tax credit. Discover how PTC can make your health insurance more affordable.
2024 annual tax update for exempt organizations

2024 annual tax update for exempt organizations

Learn more about the current tax landscape for exempt organizations as well as look ahead to 2025
End-of-year tax strategies for individuals

End-of-year tax strategies for individuals

As the year-end approaches, it's time to for strategic tax planning. From assessing your current tax situation and understanding deductions to maximizing retirement contributions and managing investment gains, this guide offers valuable insights to help minimize your tax burden.
The Trump restoration and the U.S. economy

The Trump restoration and the U.S. economy

The Trump restoration was resonating across financial markets on Wednesday.
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  • Johnson & Sheldon, PLLC
    Amarillo Location
    500 S Taylor St Suite 200
    Amarillo, TX 79101

    Phone: 806-371-7661
    Fax: 806-371-0529
    Email: ebaten@amacpas.com

    Johnson & Sheldon, PLLC
    Pampa Location
    2004 N. Hobart
    Pampa, TX 79065

    Phone: 806-665-8429
    Fax: 806-665-8804
    Email: fbeavers@amacpas.com

    Johnson & Sheldon, PLLC
    Hereford Location
    119 E 4th St
    Hereford TX 79045

    Phone: 806-364-4686
    Fax: 806-364-0826
    Email: khollingsworth@amacpas.com

    AICPA
    Texas CPA Certified Public Accountant

    We are clients of the RSM Professional Services+ Practice. As a client, we have access to the Professional Services+ Collaborative, a globally connected community that provides access to an ecosystem of capabilities, collaboration and camaraderie to help professional services firms grow and thrive in a rapidly changing business environment. As a participant in the PS+ Collaborative, we have the opportunity to interact and share best practices with other professional services firms across the U.S. and Canada.