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Your business tax return provides valuable insights into your company’s revenue, expenses, and annual growth. It is important that you choose a tax professional knowledgeable in current tax credit opportunities, deductible expenses, and employee taxation reporting. They must ensure your return meets the many requirements dictated by the Internal Revenue Service (IRS). Below are several factors […]
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As business owners weigh the consequences of having employees return to the office, most are rightly concerned about the safety of their people. As we work to reopen the Texas economy, the challenge is to mitigate risk as much as possible with practices and policies that put employee safety first. This extends beyond just disinfecting the […]
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If you’re new to working from home full time, you could be in the midst of a significant adjustment right now. Many Texans found themselves unprepared to turn their living space into a dedicated workspace. If your spouse and kids are also home, this can make things a bit … crowded. For those who thrive […]
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Teaching your children about money and budgeting requires patience, creativity and time. While it may not be easy, it is important that your children know how to manage their money successfully as they get older. Taking the time now is sure to pay off for their future. Below are a few ideas for teaching young […]
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In May, the Texas unemployment rate fell to 13.0%, which is below the national rate of 13.3%. That’s the first decrease since the state economy was first shut down by the COVID-19 pandemic, according to the Texas Workforce Commission. The TWC also noted the addition of 291,000 private sector positions over the past month. Companies […]
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Doug Look has been appointed Chief Credit Officer at Texas Gulf Bank, N.A., MEMBER FDIC, an independently owned and operated bank established in 1913. Look will office in the CityCentre location where he will assume responsibility for the overall credit quality and risk management of the Bank’s Lending function including oversight of Lending Compliance, Credit […]
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“As we open Texas, we are each called upon to be Texans: to act responsibly as we re-engage in the economy, to continue following all health precautions and sanitizing guidelines, and to care for our vulnerable neighbors. Lives depend on our actions. I know you will respond as Texans.” – Governor Greg Abbott […]
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High-deductible health plan (HDHP), Health Savings Accounts (HSAs) help you save for medical expenses with multiple tax benefits, like pre-tax contributions, tax-deferred growth, and tax-free withdrawals for qualified medical expenses. Did you know that an HSA can also be a powerful savings tool for retirement? If you’re preparing for retirement and typically max out contributions […]
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In this world, where technology makes our information easier to find, we’re all vulnerable to phishing attacks. That risk becomes infinitely greater when you are a business executive with a public profile. It’s essential to publicize your business online in order to grow; but, at what point does that put your entire company at risk […]
Paycheck Protection Program UPDATE 04/28/20: Due to such high demand, Texas Gulf Bank unfortunately must temporarily suspend acceptance of Paycheck Protection Program applications for non-TGB clients. Please continue to check our website for updates. *Loans are subject to certain underwriting criteria as required by the rules of the CARES Act. Paycheck Protection Program UPDATE 04/24/20: […]