News

IRS Notice: Update on increased gift/tax exclusion

Final regulations confirm: Making large gifts now won’t harm estates after 2025 IR-2019-189, November 22, 2019 WASHINGTON — The Treasury Department and the Internal Revenue Service today final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018

Read more

Breaking Ground on New Office in Southlake

CPA firm will move into 5,994 square foot building fall 2020 COLLEYVILLE, TX – November 21, 2019 – McIlvain & Associates, a full-service accounting firm, hosted a groundbreaking ceremony November 19 for its future home in Southlake. The 5,994 square foot building will be located at 1110

Read more

401(k) limit changes from the IRS

From the IRS: 401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 WASHINGTON — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in

Read more

Small business deduction info from the IRS

From the IRS: Small business owners should find out if they can benefit from claiming this deduction The home office deduction can help small business owners save money on their taxes. Taxpayers can take this deduction when they file their taxes if they use a portion of

Read more

Multi-Family Real Estate Investors

Our CPA firm enjoys working with a large group of Multi-Family Investors.  These savvy investors are looking for proven experience in dealing with complex accounting and tax work – and that is where we come in.  Our staff can log into your Resman account directly to make

Read more

Professional Certifications

Hours & Location

Mon-Th 8:30 am - 5:00 pm
(closed 12 - 1 pm for lunch)
Fri 8:30 am - 12:00 pm
Open all day Fridays during tax season:
Jan. – Apr. 16 and Sept. – Oct. 16
4004 Gateway Dr Ste 180
Colleyville, TX 76034
(817) 545-1277