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Texas expands R&D tax credit; ends sales tax exemption

Texas expands R&D tax credit; ends sales tax exemption

Texas enhances R&D franchise tax credit structure to align more closely with the federal credit and to streamline administration for taxpayers.
Impersonation Fraud: Internal Controls for Front Line Defense

Impersonation Fraud: Internal Controls for Front Line Defense

Scammers can now imitate your bank, your vendors, even your own executives, often with AI-generated voices. Watch this video to learn about safeguards your company can use to block these look-alike attacks.
Scenario Planning: A Roadmap for Business Agility

Scenario Planning: A Roadmap for Business Agility

In a world of constant change and unpredictability, scenario planning empowers businesses to anticipate multiple futures and make informed decisions. This strategic approach helps organizations manage risks, optimize resources, and stay agile amidst economic volatility, technological advancements, and shifting consumer preferences. Discover how scenario planning can transform your company's resilience and growth potential.
What to do if you receive a notice from the IRS

What to do if you receive a notice from the IRS

Did you receive a letter from the IRS? Learn what steps you should take and mistakes to avoid in responding to a notice.
Understanding Safe Harbor 401(k) Plans

Understanding Safe Harbor 401(k) Plans

Navigating the complexities of 401(k) plans can be daunting for small and midsize businesses. Discover how the safe harbor 401(k) offers a simplified solution by easing administrative burdens while fostering employee financial well-being. Explore the advantages, key components, and strategic considerations to determine if it's the right fit for your business.
When is an S-corp election the right move?

When is an S-corp election the right move?

Your business is finally profitable, but is it profitable enough for an S-corp election? Learn the revenue, cash-flow, and compliance milestones that signal it's time.
Forgotten 401(k)s Could Cost Workers $90,000 by Retirement

Forgotten 401(k)s Could Cost Workers $90,000 by Retirement

PensionBee Analysis Highlights Risk of “Left-Behind” Accounts
What surging inflation expectations mean for the U.S. economy

What surging inflation expectations mean for the U.S. economy

The public expects inflation to soar to 7.3% a year from now and to 4.6% over a five-year time frame, according to the University of Michigan's consumer surveys for April.
A widening U.S. 30-year/10-year spread points to long-term change

A widening U.S. 30-year/10-year spread points to long-term change

For the past three years, our core macro theme has been that of a regime change in the U.S. economy and financial markets.
Family office outsourcing

Family office outsourcing

RSM discusses outsourcing strategies for family offices navigating operational complexities and growth. Read more.
Market Minute: Fiscal policy in the spotlight after U.S. credit rating downgrade

Market Minute: Fiscal policy in the spotlight after U.S. credit rating downgrade

Following the downgrade of the U.S. credit rating by Moody's from Aaa to Aa1, we expect a rising risk premium across the Treasury curve.
Executive Summary: House W&M’s Committee Advances Broad Tax Bill

Executive Summary: House W&M’s Committee Advances Broad Tax Bill

Republicans on the U.S. House of Representative’s Ways and Means Committee on May 14 advanced a broad package of proposed tax benefits and revenue raisers, as their highly anticipated tax bill comes together. Here is a rundown of key proposals released so far.
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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: blewis@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.