Crager LaBorde Certified Public Accountants, LLC

Not all income is taxable. Here are some to consider.

10 Sources of Tax-Free Income - What everyone should know While it seems there are taxes everywhere, there is also a lot of income that the IRS does not tax. Here are ten of the more common income sources that are tax free.

If your gross income is less than the federal standard deduction, you usually do NOT need to file a tax return, but getting this wrong can cost you. Know the exceptions to the rule!

Do You Need to File a Tax Return? - Getting this wrong can cost you Do you need to file a tax return this year? Here are some handy tips to help you decide.

March momentum starts now - smart 2026 tax planning, credits vs. deductions, retirement tips for every age, and stronger protection against 2FA scams. Read more in this month's newsletter.

Client Update Newsletter: March 2026 March is all about momentum, especially when it comes to planning ahead for 2026. In this month’s newsletter, we explore why your tax planning cycle begins now and share practical steps to help you get started in the right direction. A key part of this strategy is understanding the difference...

Don't run out of money during retirement. Here are five great ideas.

NON-Retiree Retirement Ideas - Want money when you retire? Here are some tips. Retirement planning and tax planning go hand in hand. Here are five great planning ideas on how to ensure you have a nest egg when you are ready to retire.

One of the best tax deductions is your home. Know the rules to maximize your tax benefit.

Your Home. A Bundle of Tax Benefits. Are you capturing all the tax benefits built into homeownership? Here are the most common.

Did you know you can rent your home or cabin tax-free for up to 14 days per year?

Tax-Free Rental of Your Property Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

Partnerships and S Corporations must file their tax returns on time...or else. Here is the penalty.

The IRS Says - Late filing of S corporation and partnership returns can be costly Over the past few years, the IRS has penalizing late filers of sub S corporation and partnership tax returns. This despite the fact that late filing of the tax return does not typically impact the timely payment of the tax.

A little preparation can make tax season smoother. This month's newsletter shares tips for early organization, avoiding IRS issues, cutting hidden costs, and helping protect your kids online.

Client Update Newsletter: February 2026 A little preparation can change the entire tax return experience. In this month's newsletter, read about how getting organized early with a clear checklist can help you gather the right information and avoid last-minute pressure. You'll also learn how spotting easy-to-miss income sources can help yo...

Understand contemporaneous or pay the price. An IRS term with meaning.

Understanding Tax Terms: Contemporaneous Records - What you need to know The Internal Revenue Service has a vocabulary of their own. One of the more important is their use of the word "contemporaneous". What does it mean, and why should you care?

The 10% early withdrawal penalty does not always need to sting you. Here are ways to leverage retirement assets without that penalty.

The 10% Early Withdrawal Penalty - A penalty to avoid with these tips While it is not a good idea to tap retirement accounts prior to retirement age, sometimes it cannot be avoided. What can often be avoided, however, is the punitive 10% penalty for early fund distributions. Outlined here are exceptions to the 10% penalty rule.