Blog

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.

Dealing With Taxes During the COVID-19 Pandemic

Dealing With Taxes During the COVID-19 Pandemic

The majority of people who file taxes end up receiving a refund every year. However, if you fall under the percentage of filers who owe the IRS money, you may be wondering how to resolve the situation amidst the chaos of the COVID-19 pandemic. While this process is...

Understanding Cash Flow: How a VCFO Can Help

Understanding Cash Flow: How a VCFO Can Help

When it comes to running a small business, strong cash flow is crucial. Business owners tend to underestimate how important managing cash flow is for their business’s success. Your cash flow helps you monitor and understand your business’s liquidity, flexibility, and...

What You Need to Know About COVID-19 Relief

What You Need to Know About COVID-19 Relief

In order to help meet the needs of U.S. citizens in this difficult time, the U.S. government has passed a relief package and put in place certain rules and regulations that guide how businesses should or can react to the COVID-19 crisis. Changes in bureaucracy and...

5 Common Challenges Small Business Face

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...

Introducing Drive Through Tax Returns

COVID-19 is putting extreme financial stress on many. Murray & Kirchner, LLC is here to help while being mindful of our client's health and safety. Effective immediately, we are implementing MKCPA Drive Through Tax Returns. Email pdf files of your tax documents to...

How Does R&D Tax Credit Help Start-ups Offset Payroll Taxes?

How Does R&D Tax Credit Help Start-ups Offset Payroll Taxes?

In the past, start-ups that weren’t paying federal income taxes were eligible for Research & Experimentation (R&D) tax credits, but were then expected to follow through with them for their corporate and/or shareholder tax returns until they could offset their...