Lee CPA Services, PLLC

I enjoyed attending the TXCPA Houston Summer Open House last week. It was a great opportunity to connect with fellow CPAs, new members, and professionals across a variety of specialties.

I believe the best way to serve clients is to continue learning, build strong professional relationships, and collaborate with specialists when needed.

Thank you to the Houston CPA Society for hosting a great event. I look forward to future networking opportunities!

🏡 New Landlord? Read This Before Tax Season

Becoming a landlord comes with new tax responsibilities, and many first-time landlords make costly mistakes during their first year.

In my latest guide, I explain:

✅ When your rental activity begins
✅ Costs are deductible, capitalized, or treated as start-up costs
✅ Whether your rental losses may reduce your taxes
✅ How to document your rental timeline

Read the full article below.

I Became a Landlord This Year—Now What? Four Tax Rules Every New Landlord Should Know By Chris Lee, CPAOwner, Lee CPA Services PLLCPublished: July 22, 2026 Whether you intentionally purchased an investment property or unexpectedly found yourself renting out your former home, becomin…

🚙 Thinking About Buying a Company Vehicle Before Year-End?

If you're an S corporation owner, don't assume the vehicle should automatically be titled in your business's name.

The right approach depends on your specific tax situation.

Before making the purchase, consider:

✅ Will the vehicle be used for both business and personal purposes?

✅ Should the S corporation own the vehicle, or should you own it personally and be reimbursed under an accountable plan?

✅ Do you need an Intercompany Agreement with proper accounting?

✅ Will personal use create taxable income?

✅ How will depreciation and Section 179 affect your tax return?

The answer isn't the same for every business owner. A little planning before you buy can help you avoid costly tax mistakes.

If you're considering purchasing a business vehicle, let's discuss the tax implications before you sign the paperwork.

Great connecting with fellow CPAs at the TXCPA Houston Small Firm Group this month. I always enjoy learning new ideas and bringing them back to better serve our clients at Lee CPA Services.

📊 We're Halfway Through the Year

July is a great time to take a step back and review your tax situation before year-end.

Ask yourself:

✅ Has your income changed?
✅ Did you start a business or side hustle?
✅ Buy or sell a rental property?
✅ Sell stocks or cryptocurrency?
✅ Get married or have a child? College expenses?

Waiting until tax season may limit your planning opportunities. A mid-year review can help you identify tax-saving strategies while there's still time to act.

📅 Upcoming Tax Deadlines

• September 15, 2026 – Extended due date for Partnership (Form 1065) and S Corporation (Form 1120-S) tax returns, and the third-quarter estimated tax payment due for many taxpayers.

• October 15, 2026 – Extended due date for most individual income tax returns (Form 1040).

If you filed an extension or have questions about your tax situation, now is a great time to get started instead of waiting until the deadline.

Remember: An extension gives you more time to file—not more time to pay. If you expect to owe taxes, penalties and interest may apply to unpaid balances.

Have questions? Lee CPA Services is here to help.

🌐 Learn more:

Lee CPA Services PLLC Trusted CPA Partner for Growth

What happens when you work with Lee CPA Services for tax preparation?

We keep the process straightforward:

Tell us a little about your tax situation.
Receive clear pricing before preparation begins.
Sign your engagement letter.
Upload documents securely.
We prepare and review your return.
Review, sign, and e-file.

Professional tax preparation doesn’t have to be complicated.

Ready to get started? Visit our website to learn more about our tax preparation services and contact us about becoming a client:

leecpatx.com

Please do not send tax documents or sensitive personal information through Facebook Messenger.