News

IRS: Coronavirus-related paid leave & tax credits

Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave IR-2020-57, March 20, 2020 WASHINGTON — Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the

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IRS Notice: Taxpayer Relief during Pandemic

Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic Notice 2020-17; Payment relief on account of Coronavirus Disease 2019 (COVID-19) emergency. The Treasury Department and IRS are extending the due date for Federal income tax payments due April 15, 2020, to July 15, 2020, for payments

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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

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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

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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

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Hours & Location

While our staff continues to maintain office hours during this pandemic, our office building is closed to outside visitors until further notice. Please call or e-mail during our regular office hours, and we will be happy to assist you.
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