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March 2018 Archives

The three types of tax audits

If you are like most taxpayers, you dread the thought of facing a tax audit. While tax audits are not usually as grave as they seem, they are intimidating nonetheless. The prospect of an IRS agent combing through your personal finances in search of an error is not something that anyone looks forward to eagerly.

There are limits to what you can do with your property

There are certain laws and regulations in place that can affect what you may or may not be able to do with your property in Texas. Land use laws are complex, and disputes regarding this particular issue can be costly, stressful and may make it difficult for you to accomplish your real estate goals. 

Could your tax filing behavior increase your chance of an audit?

With only a few weeks left before the tax filing deadline, taxpayers are scrambling to file their returns. Perhaps even more feared than the deadline is what may come after it: A tax audit. While the majority of Americans’ tax returns will not be subject to an audit, a small portion will.

Texas-based radio giant contemplates bankruptcy

Radio played a crucial role in the lives of baby boomers, but the millennial generation seems to be losing interest. The popularity of radio stations has been waning with the onset of streaming and on-demand services. As a result, some radio companies are suffering--including one of the industry's most powerful titans.

Tips for homeowners to avoid a mechanic’s lien

The name “mechanic’s lien” can be misleading. Many people mistakenly believe that mechanic’s liens have something to do with the mechanic who has done repair work on their home. Mechanic’s liens actually refer to a legal claim that is usually made by subcontractors and suppliers who have worked on your property. If these subcontractors and suppliers are not paid in full by the general contractor that you hired, they have the option of placing a mechanic’s lien against your house.

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William T. Peckham
1104 Nueces Street, Suite 104
Austin, TX 78701
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