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Powell Tax Law Blog

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Smart Tax Moves Every Young Adult Should Know

Stepping into adulthood brings a lot of new responsibilities—rent, groceries, insurance, and yes, taxes. Whether you're starting your first job, freelancing, or still in school and earning a little on the side, understanding how taxes work ...

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IRS Trouble for Contractors: Common Triggers & How to Avoid Them

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If you're self-employed in Texas, whether you’re a freelance designer in Austin, a gig worker in Houston, or a contractor working oilfield j...
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Understanding Estate Taxes in Texas: What Families Need to Know

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If you live in Texas, you may have heard that the Lone Star State doesn’t impose a state estate or inheritance tax - and that’s true. But th...
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Decoding Tax Terminology: A Glossary for Texas Taxpayers

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Let’s face it—tax terminology can feel like a foreign language. Whether you're preparing to file your taxes, respond to an IRS notice, or si...
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