Taxes by HER

Taxes by HER Taxes by HER is dedicated to providing clients with personalized tax services throughout Houston and

08/27/2026

One IRS due diligence audit can expose more than just mistakes on individual tax returns, it can reveal weaknesses in your entire tax office system.

This tax office owner was facing approximately $86,000 in penalties because there wasn't a consistent process for documenting preparer training, reviewing returns, and proving that due diligence requirements were being followed.

The solution wasn't just responding to the audit. It was building a system that could protect the office going forward: documented training, file reviews, standardized procedures, and clear compliance processes.

If you own a tax office, don't wait for an IRS letter to find the gaps in your system. If you can't document it, it's much harder to prove it.

Own a tax office or manage tax preparers? Schedule a due diligence and compliance review before the IRS finds the gaps for you.

08/26/2026

Paying your employees is only one part of handling payroll correctly. Business owners also have to make sure payroll tax returns are filed and required tax deposits are made on time. In this case, missed filings, penalties, and interest turned into a $126,000 IRS balance and a lien on the business owner's home.

The lesson? Don't assume your payroll is handled correctly just because your employees are getting paid. Stay on top of your payroll tax compliance before a small issue becomes a major IRS problem.

If you've received IRS payroll tax notices, or you're not sure your payroll is set up correctly, don't wait. Schedule a review with Taxes By Her and get your business back on track.

08/25/2026

Thinking about electing S Corp status for your LLC? Don't assume it's automatically the better choice. An S Corp election can potentially reduce self-employment taxes, but it also comes with additional costs, payroll requirements, tax filings, and compliance responsibilities.

The real question is whether your net profit is high enough for the potential tax savings to outweigh those extra costs. Around $40K–$50K in net profit may be where the math starts to change, while consistently higher profits can make the S Corp election more compelling.

Your numbers matter more than the hype. Run the math before making the election.

Not sure if your LLC is S Corp-ready? Check out the S Corp Readiness Checklist in our book.

** **

08/24/2026

Tax preparers, one due diligence mistake can become extremely expensive. If the IRS finds failures across multiple returns, penalties can multiply quickly, especially when the proper documentation and verification aren't in your client files. The key isn't just asking the right questions; it's being able to prove that you asked, documented, and verified the information.

That's why proactive due diligence audits can help tax offices identify issues before the IRS does.

Own a tax office? Don't wait for an IRS audit to find the gaps. Schedule a due diligence audit and review your files before the IRS does.

08/22/2026

Building a successful business is only part of the plan. You also need to think about what happens to that business if you become seriously ill, injured, or pass away.

Life insurance, business protection, wills, trusts, and a proper succession plan can help protect the people and assets you've worked so hard to build. Don't wait for a crisis to start planning.

If your business depends heavily on you, it's time to think about a backup plan.

08/21/2026

Tax preparation can be more than a seasonal side hustle. With the right training, systems, and ethical approach, it can become a serious income opportunity and even a full-time business.

The key is learning the business, not just learning how to prepare a tax return.

Interested in building a career in tax preparation? Follow Taxes By Her for more.

08/20/2026

Generational wealth doesn't start with millions of dollars. It starts with financial habits, conversations, and knowing where your money is going.

Teach your children how to track income, manage spending, save, and make intentional financial decisions. The goal isn't just making money, it's learning how to keep it and build with it.

What's one money lesson you're teaching your kids?

08/19/2026

Life insurance isn't a one-size-fits-all financial strategy. The right approach depends on your income, retirement goals, timeline, risk tolerance, and how much you can realistically contribute.

Before choosing a policy, understand how it works, what you're paying, and how it fits into your overall financial plan. Don't buy a financial product just because someone told you it's the best option.

Do you understand how your life insurance fits into your retirement plan?

08/18/2026

Are you charging enough for what you sell? Many small business owners price their products based on what feels reasonable without accounting for materials, labor, overhead, and their own time.

Your business can be your passion and still need to make a profit. Knowing your true cost is how you stop guessing and start growing.

If you own a business, when was the last time you calculated your true cost?

08/17/2026

The best employees don't just follow instructions, they solve problems.

As your business grows, systems and standard operating procedures (SOPs) become essential. When your team knows how to make decisions and keep the business moving, you're no longer the bottleneck.

Strong businesses are built on strong systems and people who can think independently.

If you could hire for one skill, what would it be? Let us know below.

Address

1980 Post Oak Boulevard Suite 100
Houston, TX
77056

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm
Sunday 9am - 5pm

Website

Alerts

Be the first to know and let us send you an email when Taxes by HER posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Taxes by HER:

Shortcuts

Share

Category