Insights

ERP System Introduction

October 18, 2021

With an ERP system, business entities are able to boost cash flow by better governing the invoicing and collection process and saving cost with improved inventory planning and procurement management.

Why ethical values are so important!

October 8, 2021

The business model created by the Committee of Sponsoring Organizations of the Treadway Commission, known as COSO’s framework, helps to achieve business objectives through internal control procedures.

Understanding Your Tax Liability

August 5, 2021

To implement the right tax strategies, you need to understand what is creating your tax liabilities.

Hurry Up and Wait: Massive Backlogs at IRS and Potential Delays for Refunds

May 21, 2021

With the May 17th Tax Day having finally arrived on Monday, some taxpayers should prepare for what could be an unusually long wait to get their refunds.

Boomers – Exit Stage Left!

May 20, 2021

Here's why many Baby Boomer business owners are considering selling the businesses after the pandemic, and with tax changes on the horizon.

When I'm 72... Important Ages to Consider for Retirement Planning

May 12, 2021

There are important ages for retirement planning that taxpayers should know to help maximize their retirement benefits while avoiding unnecessary taxes and/or penalties.

Potential Tax Changes in the American Jobs Plan

April 15, 2021

On Wednesday March 31, 2021, the Biden administration unveiled its new infrastructure package. Included within the package are a few of the major tax changes Biden addressed during the election but not all.

Reminder on Tax Deadline Extension & What's Not Extended

April 9, 2021

A few weeks ago, the IRS extended the federal income tax filing due date for individuals for the 2020 tax year from April 15, 2021, to May 17, 2021. Individuals can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to May 17, 2021, without penalty and interest.

What You Can Expect from the American Rescue Plan Act

March 18, 2021

This legislation is expected to benefit the majority of taxpayers through stimulus payments, unemployment benefits, and child tax credits.

Tax Deadlines Extended for Texas Residents and Businesses

February 24, 2021

This delay in filing and payment applies to all taxpayers who reside or have a business in any of the 254 Texas counties and is automatic, meaning that taxpayers do not need to file any forms to qualify.

What Can We Help You Achieve?

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Hext Financial Group
972.644.7112
5001 Spring Valley Rd., Suite 850W, Dallas TX 75244
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