Blog

Welcome to our Blog Page

The McDonnell Richardson CPA, P.C. Blog Page provides frequently updated useful news and information to help keep you informed on tax strategy, business, and estate planning.  Please do not hesitate to contact us for any questions and additional information you may have regarding these topics.

3 days ago

KJ Law & CPA

Can a state tax a trust based on the beneficiary's residency?
The Supreme Court has heard oral arguments in a case that will decide whether states can tax trusts based solely on the fact that a trust beneficiary lives in the state.
Journal of Accountancy online (4/17)
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3 days ago

KJ Law & CPA

Buy Tickets Now!
Higher airfares expected this summer Airfares are likely to rise this summer, partly because of grounding of Boeing's 737 Max jet. Other factors include high jet-fuel prices and increased demand for travel.
CNN (4/17)
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3 days ago

KJ Law & CPA

Who is Moving?
Midwest cities rank among best places to live for older Americans. An analysis of the best cities for older Americans finds most are in the Midwest, and Wisconsin alone has eight of 30 cities. The analysis accounts for factors such as financial well-being and health care access.
24/7 Wall St. (4/11)
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1 week ago

KJ Law & CPA

Interesting! Revisiting at-risk rules for partnerships
At-risk rules apply to individuals, including partnerships, and closely held C corporations. Although regulations for these rules were never finalized, understanding the rules that exist is still important.
The Tax Adviser (4/2019)
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1 week ago

KJ Law & CPA

It is on the rise!
Tracking fraud in automated clearinghouse transactions
The percentage of organizations that experienced fraud involving automated clearinghouse transactions increased in 2018 compared with 2017, according to the Association for Financial Professionals. This was the only payment method that saw such an increase.
CFO (4/9)
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1 week ago

KJ Law & CPA

Do you use a CFO? How CFOs can thrive during a dramatic shift
A dizzying pace of change in the business environment requires finance leaders to keep their skills up to date, even as they help teams acquire relevant competencies.
Financial Management (4/10)
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2 weeks ago

KJ Law & CPA

We wanted to send a big thank you to KJ Law & CPA for supporting our St. Joseph Casino Night fundraiser (5/4/19) with a Title Sponsorship. With generous sponsors, we are excited to raise more than $25,000 to help close the gap between operating costs and tuition.

Established in 2003, McDonnell Coates, LLP Attorney and Counselor at Law and McDonnell Richardson CPA, PC are ready to meet all your needs involving business law, tax law, asset protection, tax preparation, accounting, payroll, controller services, commercial property tax disputes and much more. They are based in the heart of Ellis County in Waxahachie, TX with a second office in Ennis, TX! Thank you, KJ Law & CPA.
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2 weeks ago

KJ Law & CPA

Do you prepare? Techniques for effective interviewers
To ensure you hire the best candidate for the job, you must prepare for the interview in advance and ask good questions.
Financial Management (4/1)
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2 weeks ago

KJ Law & CPA

Has this happened to you?
Involuntary conversion of a principal residence
Many taxpayers' principal residences are destroyed or taken through condemnation by the government every year.
The Tax Adviser (4/2019)
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2 weeks ago

KJ Law & CPA

Let me know what you think of this. The geography of taxpayer audits. Taxpayers who reside in low-income, rural communities are particularly likely to be audited, according to an analysis. Most of the counties with the highest audit rates are in Mississippi.
CBS News (4/2)
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