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Powell Tax Law Blog

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Tax Considerations for Retirement Planning

Retirement planning is a complex process that requires careful consideration of various financial aspects, with tax planning being one of the most crucial. “In retirement, your income may come from annuities, pensions, qualified retirement ...

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Cryptocurrency Taxes: How They Work and What Gets Taxed

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Cryptocurrency awareness and ownership have skyrocketed in recent years like the price of its shining star Bitcoin, which this summer trades...
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New IRS 1099-K Reporting Rules for PayPal, Venmo, & Other Payment Apps

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Until recently, if you wanted to pay for something you had to use one of the “four C’s” of payment methods: cash, check, credit card, or cha...
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The Role of a Tax Attorney in Business Formation and Structure

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Every year in the United States there are some 5 million new businesses started, including more than a half million in Texas. Starting these...
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