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Small Business Tax Credits And Deductions

Small Business Tax Credits And Deductions

If you're a small business owner, this video will provide an overview of the tax credits and deductions available to you. From the Qualified Business Income deduction to the Disabled Access Credit, learn how to utilize these opportunities to reduce your tax liability.
September Insights newsletter

September Insights newsletter

Johnson & Sheldon, PLLC is pleased to announce our continued relationship with RSM, a compelling, digital, global organization serving the assurance, tax and consulting needs of middle market companies worldwide.
Why every private company needs an audit

Why every private company needs an audit

A private company may strengthen its financial stability, operational efficiency and long-term success by having a regular audit.
Practical strategies for managing a sudden financial gain

Practical strategies for managing a sudden financial gain

Are you equipped to handle a sudden financial gain? Learn four steps you can take to navigate tax planning and potential tax burdens associated with a financial windfall.
RSM letter to Treasury and IRS on section 174 costs and M&A transactions

RSM letter to Treasury and IRS on section 174 costs and M&A transactions

RSM provides recommendations to Treasury and the IRS for treatment of captialized section 174 research costs in M&A transactions
At this tax policy crossroads, begin preparing for tax changes in 2025

At this tax policy crossroads, begin preparing for tax changes in 2025

How businesses and individuals can prepare for a transformative tax policy event in 2025 that will be shaped by 2024 election outcomes.
7 reasons why the economy will not fall into recession

7 reasons why the economy will not fall into recession

Despite the recent turbulence in equity and fixed-income markets, we do not see the conditions in which the current business cycle will end in the near term.
Financial analysis of leasing vs. purchasing a vehicle

Financial analysis of leasing vs. purchasing a vehicle

Understanding the financial differences between leasing and purchasing a vehicle can save you a significant amount of money. This article provides a detailed breakdown to help you make an informed decision.
Accounting and AI: what clients need to know and ask

Accounting and AI: what clients need to know and ask

Explore how AI is transforming the world of accounting, enhancing efficiency and accuracy without replacing the human touch.
Accounts Payable Strategies and Best Practices

Accounts Payable Strategies and Best Practices

Efficient accounts payable management isn't just about paying bills—it can directly impact your business's financial health and growth. From digital tools for invoice processing to robust internal controls for fraud prevention, this article covers everything you need to know.
The Unseen Complexities of Lease Accounting

The Unseen Complexities of Lease Accounting

Discover the complexities of lease accounting and the crucial role of a professional CPA in navigating these challenges in this video. Learn about the new standards of ASC 842, how it's changing how leases are recorded, and why it's so important to get it right.
Planning to downsize? Three tax considerations for retirees

Planning to downsize? Three tax considerations for retirees

Downsizing in retirement isn't just about reducing living expenses—it can also be a strategic move toward financial security. Understand how your home's appreciation impacts your taxes and discover strategies to reduce your tax burden.

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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.