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Powell Tax Law Blog

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Decoding Tax Terminology: A Glossary for Texas Taxpayers

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 simply trying to understand what your accountant is talking about, it’s easy to feel overwhelmed by co...

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Tax Fraud in 2025: What You Need to Know and How to Protect Yourself

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Tax fraud isn’t just a headline—it’s a real risk that can impact anyone, from individuals to large businesses. With the IRS ramping up enfor...
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Tax Scams for 2025

US 100 dollar bill as a bait
While “The Dirty Dozen” was an entertaining 1967 action movie with a host of Hollywood stars,“The Dirty Dozen” released by the IRS at the en...
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Navigating Bankruptcy and Taxes: Key Considerations for Filers

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Bankruptcy can offer a fresh financial start, but it's crucial to understand how it intersects with tax obligations.
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