Johnson & Sheldon, PLLC - Amarillo

09/22/2026

A fresh season is the perfect time for a fresh perspective. 🍂
As fall begins, take a moment to reflect on your achievements, revisit your goals, and prepare for the months ahead.

Happy first day of fall from the J&S team!

09/17/2026

💡 One conversation could save your parents from becoming the next scam victim.
Financial scams often rely on fear, urgency, and secrecy. Help your loved ones recognize the warning signs before they receive that convincing phone call or text.

Our latest video shares practical steps to strengthen financial security and reduce risk: https://bit.ly/4x5nQwS
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

Your dashboard should do more than confirm what already happened. It should warn you before problems arrive. Learn how to identify the leading indicators that give you time to act, not just a record of what went wrong.

09/15/2026

Business mileage is worth more for the second half of 2026. 🚗
Beginning July 1, the IRS standard business mileage rate increased from 72.5 cents to 76 cents per mile.

That means taxpayers using the standard mileage method need to separate qualifying miles driven during the first and second halves of the year. Good records remain essential.

👉 Check out the full article: https://bit.ly/46DjlP9
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

The IRS raised the standard mileage rates for the second half of 2026, effective July 1, with the business rate increasing from 72.5 cents to 76 cents per mile. Taxpayers who use their vehicle for business, medical, or qualifying moving purposes will need to track mileage separately for each half of...

09/11/2026

Some moments shape history forever. 🇺🇸
Today we honor the victims of September 11, remember the courage of the first responders, and recognize the resilience shown by countless families and communities. May we continue to stand together in remembrance and hope.

09/09/2026

A beautiful renovation deserves more than a photo, it deserves good records. 🏠
Many homeowners save inspiration photos but forget to save the paperwork. Keeping documentation for qualifying home improvements may reduce taxable gain when you eventually sell your home and can also simplify estate planning for your family.

Good recordkeeping today can create valuable tax savings tomorrow.

Read more: https://bit.ly/4wEjjkL
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

As home values rise, the federal home sale exclusion may no longer be enough to eliminate capital gains tax when a property is sold or inherited. The difference between a large tax bill and a smaller one can come down to how well a homeowner documented capital improvements over the years. Keeping a....

09/09/2026

🚨 **THE NUMBERS ARE IN… AND MISS CALCULATION NEEDS YOUR VOTE!** 🪿🧮

You have to vote on the official RockOne post for it to count!

Our favorite feathered accountant, **Miss Calculation**, has officially entered the **Porch Goose Wars**, hosted by RockOne Realty — and she’s counting on YOU! 😂

We’ve crunched the numbers, reviewed the supporting documentation, and performed the necessary calculations…

📊 **The conclusion is clear:**
Miss Calculation + YOUR vote = 🏆

Help us prove that accountants really do know how to have a little fun! 😎

👉 **Go vote for Miss Calculation!**
👉 Then share this post and help us rally the troops!

Because losing the Porch Goose Wars due to a lack of votes would be a **material misstatement**… and we simply cannot allow that. 😂

🪿💙 **VOTE MISS CALCULATION!** 💙🪿

09/08/2026

A good compliance history could make an occasional tax mistake less costly. 💡
The IRS is replacing First Time Abate with Automatic Exemption from Penalty, or AEP, for eligible returns.

Under the new process, qualifying taxpayers may automatically avoid certain failure to file, failure to pay, and failure to deposit penalties.

There are important eligibility and transition rules to understand.

👉 Check out the full article: https://bit.ly/4zYNNRu
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

The IRS is replacing its First Time Abate program with a new Automatic Exemption from Penalty (AEP), which will automatically prevent certain penalties for eligible taxpayers with a strong compliance history. Starting with 2025 tax year returns and 2026 quarterly returns, qualifying individuals and....

09/04/2026

Happy Labor Day Weekend! 🇺🇸
We celebrate the commitment and dedication that help businesses and communities thrive. We wish you a relaxing holiday filled with well deserved time off.

⚠️ Our office will be closed on Labor Day and will reopen on Tuesday, September 8.

09/02/2026

The best business decisions start with better visibility. 💡
Cash flow forecasting helps you answer important questions before they become urgent.

➤ Can you hire now or should you wait?
➤ Is it the right time to invest?
➤ Will upcoming cash flow support your plans?

Planning ahead gives you more options and fewer surprises.

Read more: https://bit.ly/3Seo2vt
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

Most business owners rely on backward-looking financials that tell them where they have been, not where they are going. A cash flow forecast fills that gap by projecting future inflows and outflows, helping leaders spot problems early and make smarter decisions about hiring, investing, and financing...

08/27/2026

New IRS guidance could simplify gifting for families. 👨‍👩‍👧
If you are considering contributing to a Trump account, the IRS has created a safe harbor that may eliminate the need to file a gift tax return in certain situations.

Key points include:
➤ Annual exclusion limits still apply
➤ Records should be maintained
➤ Other gifts to the same beneficiary can affect eligibility

Learn more: https://bit.ly/4wF8gI9
Stay ahead of the curve, contact us now for tailored advice and optimal strategies.

The IRS just made it easier for families to fund Trump accounts without triggering an unexpected gift tax filing requirement. In Revenue Procedure 2026-25, the IRS established a safe harbor that allows qualifying donors to contribute cash to a child's Trump account and skip Form 709 entirely, as lon...