Abigail Y. Murray CPA, LLC, our full-service CPA firm, has accumulated over 40 years’ worth of experience and information while serving McAllen citizens and businesses. Whether you are looking for a VCFO in McAllen or a personal accountant to help you file your taxes, the information Abby has compiled into the blogs down below will give you a small taste of the personal brand of success she delivers to individuals and local businesses looking to streamline their financial and tax-filing processes.
Year-End Tax Planning Tips for Individuals and Small Business
Tax day might only come once per year, but tax planning is a year-round gig. Whether you’re a business owner or an individual filer, you should consider taking steps to improve your tax outlook for the coming year. Keep reading to find year-end tax tips for businesses...
Changes in Federal Tax Codes for 2025: What Do Individual Filers Need to Know?
Back in 2017, Congress passed the Tax Cuts and Jobs Act (TCJA) to change Americans’ tax burden and deductions. Now, that law is coming to the end of its life, and those provisions are set to expire. Unless Congress steps in, the TCJA will expire at the end of 2025....
Why Should You Hire a McAllen CPA? What a McAllen CPA Can Do for You
Running a business isn’t easy, and one of the biggest hurdles often standing between business owners and their full potential is accounting. No matter what sort of business you own, a McAllen CPA can help you succeed. If you run a business in McAllen, keep reading to...
Your Small Business Tax Prep FAQs, Answered
If you run a small business, taxes are going to be a primary concern for you all year round. Handling your taxes isn’t easy, and there are a lot of places where a small business can go wrong when paying taxes. Keep reading to get answers to a few of your top small...
The 6 Types of Tax Paid by Small Businesses: What You Need To Know About Small Business Tax Prep
Small businesses need to pay taxes just like individuals. Depending on the type of business you may own, there are a few different taxes you may be responsible for. Since this can vary so much, it's important to use small business tax prep to make sure you pay what...
What Is Tax Planning? How Tax Service in McAllen Can Benefit Your Business
While most people only think about taxes when taxes are due, a TX CPA (certified public accountant) can help plan throughout the year! Tax planning services are a great way to make sure you don’t need to pay out the nose. With a year-round tax planning service, you...
Self-Employment Tax vs. Income Tax What You Need To Know
Tax season brings with it a lot of questions. While you were completing your 2022 taxes and looking through all the documentation, there were probably terms you did not fully understand. For instance, what is the difference between self-employment tax and income tax?...
Tax Day Is Coming! What Documents Do I Need to File My Taxes?
Tax Day is coming up on April 18th! In case you aren't familiar, Tax Day is when state and federal taxes are due for most Americans. While the tax deadline has been extended in some states because of natural disasters, the vast majority of individuals and business...
Spring Cleaning for Your Tax Records: What You Need To Keep!
An important part of your personal financial planning is preparing for tax season as filing your taxes with errors can land you in hot water with the IRS. This is why people head to a tax accountant, so they can be assured everything will go smoothly with their taxes....
6 Ways a Virtual CFO Can Save Your Business Money
It can be a challenge for small businesses to decide how to manage their financial needs. Many companies can’t afford to hire a full-time employee to oversee this aspect of their business, or simply do not need a dedicated employee to begin with. This is where a...