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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

What Are Some Common Types of Trusts?

When you are making an estate plan in Texas, you may want to consider creating a trust. There are many different kinds of trusts, the design of which allows each to accomplish a slightly different objective.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

What Should I Know About Cryptocurrency?

There is a lot of talk about cryptocurrency in the business world these days. As a business owner in Texas, you may want to at least brush up on the basics so that you understand what it is and how it works.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Attracting and Retaining Workers in The Gig Economy

Members of the Texas Workforce Commission voted to approve a labor law exemption for companies hiring workers to perform app-based tasks. According to Austin’s NPR station KUT 90.5, contract or “gig economy” workers are no longer eligible for unemployment insurance benefits in the Lone Star State.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Navigating Charitable Giving and The New Tax Law

For many people in Texas, it is important to support certain causes or charitable organizations. This support may come in the form of volunteering time and expertise or it may come in the form of making financial contributions to an organization.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Why Should You Have a Business Succession Plan?

As a business owner in Texas, it’s possible that creating a business succession plan is not at the forefront of your mind. This may be because of the common misconception that you don’t actually need a succession plan until you retire. Unfortunately, that is incorrect.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Top 3 Tax Mistakes of Entrepreneurs

Nobody enjoys dealing with taxes, except maybe accountants. As a business owner in Texas, taxes are just something you have to take care of to keep things running.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

What Mistakes Should I Avoid in My Estate Planning?

Estate planning can be complicated or it can be easy. It all really depends on your estate. If you have a lot of complex assets, then putting together an effective plan may take longer.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Why People Use Generation-Skipping Trusts

Much estate planning revolves around providing an inheritance for a spouse or children. But for older family members who have large estates and grandchildren to think about, estate planning can become more complicated.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Tax Considerations when Selling a Business

If you own a small business and you are planning to sell the company, you must understand the financial implications of the sale before doing so. Failure to plan for the tax-related impact of the sale can result in an unexpected bill, while careful consideration can minimize your tax burden.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

What Happens During an Audit?

For Texas business owners, the idea of a tax audit may sound like a nightmare. Tax time brings feelings of anxiety to most people.
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