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Manufacturing CFO and Consulting – Houston (TX)
Accountants assisting manufacturing companies in Houston, TX and across Texas
szogal
Dec 30, 20252 min read
The story of H.R. 1- One Big Beautiful Bill and Its overall tax effects on the Manufacturing industry and the employees within; How Taxation policy plays a part of the American manufacturer’s dreams
Written by: Stephen Zogal, MST, E.A. Date Published: 12/26/2025 The United States Manufacturing Industry had been a cornerstone of the American dream in the 1800 s through the 1900 s . It was often viewed as the backbone prior to the U.S. Manufacturers outsourcing manufacturing to China. There wasn’t a specific single event or policy which influenced this outcome. It was the result of multiple decades of tax and economical policy within the U.S. system itself for which grace
szogal
Dec 26, 202521 min read
Are Prizes and Awards Taxable?
Discover how the IRS taxes prizes and awards, when exceptions apply under I.R.C. § 74(b), and what key court cases like Paul Hornung and Rogallo reveal about taxable income. Learn how to legally avoid taxes on certain awards through charitable transfers and understand what truly qualifies as a non-taxable gift.
szogal
Jul 23, 20254 min read
How New Tax Legislation Could Help and Hinder Elon Musk’s Business Empire
By: Stephen Zogal, EA Date: 6/20/25 The sweeping tax reforms under H.R. 1 Senate bill of the new legislative proposal bring both...
szogal
Jun 20, 20253 min read
How the New Tax Legislation Will Boost the Daycare Industry in 2025
By: Stephen Zogal, EA Date: 6/19/2025 The 549 page legislation released by the Senate Bill H.R. 1, includes some interestings provisions....
szogal
Jun 19, 20253 min read
Tax Reform 2025- What did the Senate Include?
By: Stephen Zogal, EA Date: 6/18/2025 The US Senate released its version of the "Big Beautiful Bill" on June 16th and it includes some...
szogal
Jun 18, 20255 min read
Repair Expense or a Capital Improvement?
Understanding the Difference By: Stephen Zogal, EA Date: 6/9/2025 It is not uncommon for a taxpayer to miscategorize a capital...
szogal
Jun 9, 20252 min read
Tax Avoidance vs. Tax Evasion: Understanding the Key Differences
Written by: Stephen Zogal, EA Date: 2/3/2025 Taxation is an essential part of any economy, ensuring that governments can fund public...
szogal
Feb 3, 20254 min read
Understanding the Federal Excise Tax on Sport Fishing Equipment
Learn about Federal Excise Tax on Sport Fishing Equipment for Manufacturers and learn about IRS Form 720 requirements.
szogal
Jan 28, 20253 min read
Vehicle Expenses; The Benefits of Actual Cost and Depreciation
written by: Stephen Zogal, EA When managing a fleet or utilizing vehicles for business purposes, choosing between deducting actual...
szogal
Nov 20, 20242 min read
Tax-Saving Strategies for Small Businesses
Written by: Stephen Zogal, EA Date: 7/2/24 As a small business owner, navigating the intricate web of taxes can be overwhelming, but fear...
szogal
Jul 2, 20243 min read
Understanding IRS Tax Notices: What They Are and How to Handle Them
Written by: Stephen Zogal, EA Date: 6/25/24 Receiving a notice from the Internal Revenue Service (IRS) can be a cause for concern, but it...
szogal
Jun 25, 20243 min read
Uncle Sam's taxes going up in 2025!
QBID Deduction going away in 2025!
szogal
Jun 19, 20242 min read
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