Henry & Peters, PC

10/05/2026

As you review your business’s 2026 expenditures, pay close attention to work performed on buildings and equipment.

You can generally deduct ordinary repairs and maintenance expenses, but you must capitalize property improvements, including betterments, restorations and adaptations. Safe harbors may allow current deductions for some costs. Certain capitalized improvements may also qualify for a full first-year deduction through bonus depreciation or Sec. 179. Proper classification may affect recordkeeping, potential recapture and state tax deductions.

Contact us to help classify your 2026 expenditures and discuss potential tax-planning moves before year end.

Learn More: https://www.henrypeters.com/repair-or-improvement-does-the-distinction-matter-under-current-tax-law/

10/05/2026

10/03/2026

Henry & Peters was proud to support the Meals on Wheels Power of a Meal Luncheon!

We’re especially proud of our Kevan Kirksey, who serves on the Meals on Wheels board and continues to give his time to supporting their mission in our community.

10/02/2026

The Doug LaMalfa Federal Disaster Tax Relief Certainty Act extends expanded personal deductions for disaster-related losses and exclusions of qualified wildfire relief payments from taxable income. Learn about the details.

🔗 https://www.henrypeters.com/new-law-extends-tax-relief-for-disaster-related-personal-casualty-losses-and-more/

10/01/2026

Does your business provide paid family and medical leave (PFML)? Or are you considering it? If so, you need to know about the expanded PFML tax credit for employers and recent IRS guidance clarifying the updated rules.

🔗 https://www.henrypeters.com/irs-releases-guidance-on-the-paid-family-and-medical-leave-tax-credit/

09/30/2026

Henry & Peters was proud to once again sponsor the Bethesda Birthday Bash, an event we look forward to supporting every year!

Our own Kay Latta joined in as a “Cake Decorator Patriot,” and her creation was a hit, bringing in the highest auction bid of the night! 🎂

We’re always grateful for opportunities to have a little fun while supporting organizations that make a difference in our community. Way to go, Kay!

09/29/2026

Henry & Peters was proud to once again support the Alzheimer’s Alliance of Smith County’s Annual Butterfly of Hope Luncheon.

As longtime supporters, we’re grateful to stand behind an organization that continues to make a meaningful difference for individuals and families in our community.

It’s always an honor to support such an important cause. 💜

09/28/2026

A profitable business can still run short of cash. Working capital — the difference between current assets and current liabilities — can provide insight into a business’s ability to meet near-term obligations and pursue growth opportunities. Effective working capital management focuses on three key areas: collecting receivables, maintaining appropriate inventory levels and managing payables. Regularly monitoring these components can help reveal operational issues before they become larger cash-flow problems. Contact us for help evaluating your existing processes and identifying strategies to strengthen your working capital management.

https://www.henrypeters.com/take-control-of-working-capital/

09/27/2026

We’re honored to be voted #1 Accounting Firm/CPA in the Tyler Morning Telegraph’s 2026 Best in Town Readers’ Choice Awards!

A huge thank you to our clients, team, and community for your continued trust and support. We’re grateful to serve East Texas and proud to call this community home.

From all of us at Henry & Peters, thank you for voting for us! 🏆

09/26/2026

We’re proud to celebrate our Partner Kay Latta, pictured alongside Shannon Dacus and Shelbie Glover, as they received the Champions Award at the TJC Alumni 2026 Awards & Recognitions program!

Kay’s ongoing support of TJC and commitment to the community continue to make an impact. Congratulations on this well-deserved recognition! 👏