Mangold Anker Phillips, PLLC

Mangold Anker Phillips, PLLC Mangold Anker Phillips is among the top 25 locally owned CPA firms in the Austin area. www.mangoldcpa.com www.map-cpas.com

With   prices skyrocketing, more   are considering cashing out to multiples over list price! Here is what you need to kn...
05/20/2022

With prices skyrocketing, more are considering cashing out to multiples over list price! Here is what you need to know:

With housing prices skyrocketing, more homeowners are considering cashing out to multiples over list price! Especially since one of the largest tax breaks available to most individuals is the ability to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence...

IRS Clawback Proposed Regulation Causes Confusion In The Playing Field.
05/19/2022

IRS Clawback Proposed Regulation Causes Confusion In The Playing Field.

The IRS’s assault on various planning strategies in court cases, Treasury Regulation pronouncements and Proposed Regulations can result in unpredictability, and make the day-to-day life of estate tax planners interesting, to say the least.

Post Tax Season: 10 Tips for Getting the Most Out of Your   Season Debrief Meeting. Read more here:
05/19/2022

Post Tax Season: 10 Tips for Getting the Most Out of Your Season Debrief Meeting. Read more here:

The next two months offer great opportunities to research, acquire and pilot new tools and processes so they become the new firm standard before the September and October deadlines. Below we outline 10 tips to optimize your post-busy season debrief ...

Many of the concerns small   owners have now are about how they can stay afloat after the  -19 pandemic. Here is how cha...
05/18/2022

Many of the concerns small owners have now are about how they can stay afloat after the -19 pandemic. Here is how changes to the market might affect these clients and what you can do to help them navigate the recovery afterward.

“This time it’s different.” Some say these are the four most dangerous words uttered on Wall Street. Here is another concept: “People like the famili

Before you close this year’s   file there is still some work to do. If the   or state   department selects your return f...
05/18/2022

Before you close this year’s file there is still some work to do. If the or state department selects your return for review, you will need to be prepared. Here is what you need to do now:

Before you close this year's tax file there is still some work to do. If the IRS or state revenue department selects your return for review, you will need to be prepared. Here is what you need to do now: Keep a copy of your Form 1040 indefinitely. Do not toss or destroy any of

The   revised its answers to frequently asked questions regarding the     Credit, adding a new set of six commonly asked...
05/17/2022

The revised its answers to frequently asked questions regarding the Credit, adding a new set of six commonly asked filing season questions.

The IRS revised its answers to frequently asked questions regarding the Child Tax Credit, adding a new set of six commonly asked filing season questions. The new fact sheet posted on Wednesday to the IRS website answered a lot of open questions which were left unanswered by the Biden Administration....

Payroll   Funded The Most   Frauds In 2020 And 2021. Read more:
05/17/2022

Payroll Funded The Most Frauds In 2020 And 2021. Read more:

For two years in a row, the Association of Certified Fraud Examiners has placed theft of pandemic-related enhanced unemployment benefits at the top of its annual list of five most scandalous frauds.

A taxpayer's physical possession of gold coins purchased with her individual   account (IRA) caused her to have   distri...
05/16/2022

A taxpayer's physical possession of gold coins purchased with her individual account (IRA) caused her to have distributions from the , the Tax Court held.

Gold coins kept in taxpayer’s residence caused taxable IRA distributions.

Key Tax Rules for Deducting Mortgage Interest, Read more here:
05/16/2022

Key Tax Rules for Deducting Mortgage Interest, Read more here:

Among numerous other changes, the Tax Cuts and Jobs Act (TCJA) chipped away at several tax breaks for individuals, including the deduction for mortgage interest. But the fall-out isn’t as bad as it first seems. Most taxpayers can continue to deduct ...

If you’re getting a   refund, here are four useful   to know:
05/13/2022

If you’re getting a refund, here are four useful to know:

If you’re getting a refund, here are four useful tips to know. The average refund is more than $3,500. Through February 18, the IRS reports the average refund is $3,536, which is up 22% versus the same time last year. Since a refund is really your money to begin with, it’s like giving the federa...

While Congress has increased IRS funding in the current fiscal year, those dollars' allocation and timing remain problem...
05/12/2022

While Congress has increased IRS funding in the current fiscal year, those dollars' allocation and timing remain problematic, IRS Commissioner Charles Rettig told members of the House Oversight and Reform Committee.

IRS Commissioner Charles Rettig and National Taxpayer Advocate Erin Collins testify to the House Oversight and Reform Committee.

 's Mangold Anker Phillips provides in-depth advisory services to business clients, broad and responsive services to ind...
05/12/2022

's Mangold Anker Phillips provides in-depth advisory services to business clients, broad and responsive services to individual tax clients, business valuations, and forensic accounting. For more information, visit our site:

Mangold Anker Phillips' location map, directions, email, phone. Get in touch with our CPAs today.

Address

12335 Hymeadow Drive, Suite 400
Austin, TX
78750

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Alerts

Be the first to know and let us send you an email when Mangold Anker Phillips, PLLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Mangold Anker Phillips, PLLC:

Share