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.
5 Common Challenges Small Business Face
Starting a small business comes with many challenges. But even after you have gotten your company off the ground, maintaining it can be even more challenging. The Bureau of Labor Statistics notes that about 20% of businesses fail in their first year and about 50% of...
What You Need to Know About a Business Continuity & Disaster Recovery Plan
As a business owner, what comes to mind when you hear the word, disaster? Do you imagine the rollout of a new product being disastrous? Perhaps you envision a business partnership gone astray in a single meeting. Or do you think of a natural disaster such as a flood...
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...
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...
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...
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....
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...
New Funding for Texas Seaports: What It Means for International Business
In September, the Texas state government approved a historic funding measure for seaport and infrastructure development. This funding is meant to bolster the state economy and foster trade, representing new opportunities for Texas international businesses. Keep...
Financing New Year’s Resolutions To Improve Your Small Business
Happy New Year from the team at Abigail Y. Murray CPA, PLLC! There’s a whole new year of opportunities ahead of you, and it’s time to take advantage of your chance to improve your business. Make the most of the new year for your business with financing New Year’s...
12 Days Of Tax Advice
The holiday season is the perfect time to prepare your small business for financial success in the year ahead. The Elves at AY McAllen CPA are here to help with our 12 Days of Tax Advice for Small Businesses! These valuable strategies will help you to maximize tax savings, optimize cash flow, and ensure tax compliance. From leveraging deductions and credits to planning for year-end expenses, each day brings actionable tips tailored to support your business. Let our Accounting Elves guide you through a winter wonderland of proactive financial decisions.