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Private school vouchers are now law in Texas. Here’s how they will work.

June 30, 2025

Texas will give participating families about $10,000 to pay for their kids’ private schooling. Other details about the program, set to launch in 2026, are unclear. Gov. Greg Abbott on Saturday signed legislation authorizing a private school voucher program into law, marking the grand finale of an oftentimes ugly conflict that has largely defined Texas politics this […]

DO YOU NEED AN HSA?

May 20, 2022

EXECUTIVE SUMMARY Besides providing a tax-favorable option for taxpayers to pay out-of-pocket medical expenses, HSAs can be used as a flexible tax-favored investment vehicle. Annual contributions to an HSA are limited in 2022 to $3,650 for an individual self-only plan or $7,300 for a family plan ($3,600 and $7,200, respectively, in 2021). An additional $1,000 […]

Real Estate Purchase Price Important

January 13, 2022

Importance of purchase price allocation in real estate transactions By Jennifer M. Ray, CPA, Frazier & Deeter LLC, Tampa, Fla. December 1, 2021 The bright pink house for sale was an eye-catcher. Built in the 1960s, this not-really-updated two-bedroom, one-bath house was purchased in 2001 for $100,000. In 2019, the asking price was $300,000, but […]