Tax Preparation in Big Spring, TX
Big Spring owners often have a business return, a personal return and a rental house or royalty interest on the side. We prepare those returns together from reconciled books, so the numbers agree with each other and with what the IRS has on file.
Big Spring at a Glance
- County
- Howard County
- From our office
- About 60 miles east of Odessa on I-20
- Sales tax
- 8.25% inside city limits
- Local economy
- Refining, healthcare, corrections, oil and gas, and logistics
Our team in the Odessa office, about 60 miles west of Big Spring on I-20.
Returns for Business Owners Who Also Hold a Day Job
A lot of Big Spring households have a steady W-2 job at the refinery, a hospital, the prison or the college, and a side business or rental on top of it. Others own a trucking or contracting company outright and pay themselves through an S corporation.
Either way, more than one kind of income ends up on the same return. Wages, business profit, rental income and royalties each have their own rules and deductions, and we prepare the full set so nothing is reported twice or missed.
W-2 Plus a Side Business
Wages and self-employment income combined correctly, with the deductions your business has earned.
Rental Property
Rental income, expenses and depreciation reported on Schedule E.
Tax Returns We Prepare in Big Spring
Personal Returns
Individual returns with wages, side business income, rentals and royalties.
Business Returns
Returns for sole proprietors, partnerships, S corporations and C corporations.
Truck and Equipment Depreciation
Tractors, trailers and work equipment depreciated correctly from year to year.
Texas Franchise Tax
Franchise tax and information reports filed by May 15, even when no tax is due.
Working With Us From Big Spring
Documents
Statements, receipts and tax forms are shared securely online, so nobody has to drive paper anywhere.
Meetings
Calls and video meetings on your schedule, with check-ins through the year, not just a rush in April.
The Office
Prefer to sit down in person? Our Odessa office is about 60 miles west of Big Spring on I-20, and you are welcome to stop by with an appointment.
Other Services in Big Spring
Bookkeeping in Big Spring
Monthly bookkeeping for Big Spring contractors, clinics and shops.
Tax Planning in Big Spring
Owner pay, entity choices and purchase timing for Big Spring owners.
Payroll in Big Spring
Shift payroll, deposits, TWC filings and W-2s for Big Spring.
Frequently Asked Questions
Questions Big Spring owners ask about tax preparation.