What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

XQ CPA

Directions Website

We are dedicated to going the extra mile in serving small business owners! Welcome to XQ CPA! Not all accountants are alike. We're different.

At XQ CPA PLLC, we are dedicated to going the extra mile in serving small business owners. While other accounting firms may offer similar services, our services are unique in that we always strive to understand and meet your needs!

09/06/2026

Tax revenues reached a record level during fiscal year (FY) 2025, but revenue from tax audits took a hit, according to a new report from the Treasury Inspector General for Tax Administration (TIGTA). Taxpayers paid the IRS $5.3 trillion, a 4.2% increase from FY 2024 and the most tax revenue ever paid by taxpayers, without adjusting for inflation. However, TIGTA reports IRS enforcement revenue decreased to $93.8 billion in FY 2025. TIGTA said this is mainly attributable to a 35% decline in examination-related revenue from FY 2024 to FY 2025. Also of note: The IRS lost nearly 27% of its Examination and Collection staff from FY 2024 to FY 2025. Read TIGTA’s report: https://bit.ly/4zOCESZ

09/05/2026

Football season is about to kick off. If you’ll be betting on college and NFL games this year, it’s time to brush up on the tax rules associated with gambling. Federal tax law requires taxpayers to report winnings on their tax returns, even if they don’t receive a Form W-2G for gambling winnings. Also a major gambling rule change went into effect this year: Gamblers can deduct from their winnings only 90% of their losses for a tax year. This means some gamblers could owe tax even if they break even or incur a net loss. And losses generally are deductible only if you itemize deductions. If you’re unsure of the tax rules regarding gambling, please contact us or visit: https://bit.ly/4zQQ2pS

09/04/2026

The American Institute of CPAs (AICPA) has asked the IRS to act on a seemingly small but troublesome issue affecting some taxpayers. Currently, people and businesses that want to change their address with the IRS must mail paper forms. Businesses needing to change their name must submit a letter and supporting documents. Processing such requests can take weeks, and the IRS may, in the meantime, send letters to incorrect addresses. In fact, taxpayers may be assessed penalties and interest if time-sensitive notices are sent to old addresses. Refunds can also be delayed. The AICPA is proposing a fully automated electronic process that taxpayers can access quickly through their online accounts.

09/03/2026

If you have a traditional IRA, you may want to consider converting some or all of the balance to a Roth IRA. Such moves typically allow people to turn tax-deferred future growth into tax-free growth and take advantage of a Roth IRA’s estate planning benefits. The converted amount is taxable the year of the conversion. But income tax is currently at historically low rates, potentially making this a smart time to convert. Whether a Roth conversion makes sense for you depends on such factors as your age, whether you can afford to pay the tax now, your current tax bracket, the tax bracket you expect to be in when you retire and your estate planning objectives. Contact us for advice.

08/31/2026

🏡✨ Give Your Porch That Picture-Perfect Look! 🌿

Love the lush look of hanging ferns but hate the upkeep? These Large Pre-Lit Boston Fern Hanging Plants bring effortless greenery and cozy porch charm all year round.

🌿 Full & Lush Appearance – Beautiful draping fern foliage for that classic porch look
💧 No Maintenance – No watering, trimming, or worrying about sunlight
🏡 Perfect Anywhere – Great for porches, patios, balconies, entryways & sunrooms
✨ Warm Fairy Lights Included – Adds a beautiful glow and cozy atmosphere after dark
🌱 Year-Round Greenery – Enjoy a fresh, vibrant look in every season

👉 Upgrade your porch with effortless greenery and a magical nighttime glow!

https://ritualationshopus.com/products/artificial-boston-ferns

08/30/2026

The IRS has launched a digitally authenticated Tax Compliance Report that taxpayers can access through their IRS Individual Online Accounts. A tax compliance report shows whether an individual has filed tax returns and paid taxes on time. The report helps protect privacy by not showing the individual’s income, dependents or filing status. You can securely download the report when applying for a job or government benefits or completing a loan or mortgage application that requires tax compliance information. Organizations that receive the report can use its built-in digital certificate to confirm authenticity. For additional information, contact us or visit https://bit.ly/4gOIpsr

08/29/2026

Are long-term care (LTC) insurance premiums tax-deductible? It depends. Qualified LTC policies are considered health insurance under federal income tax rules. So if you buy a policy, your premiums are treated as medical expenses for itemized deduction purposes. But your total eligible medical expenses for the year must meet the 7.5% of adjusted gross income threshold before you can start deducting LTC premiums. And there are age limits on how much you can deduct — for example, $500 for individuals age 40 and under and $6,200 for those 70 and over. Other age groups’ 2026 maximums fall between these two. Contact us for more information.

08/28/2026

One of the items contained in the IRS’s Taxpayer Bill of Rights is the right to finality. Although finality may sound a little obscure, this right is critical if you’re being audited. For example, the IRS usually has a limit of three years from your filing date to assess additional tax (but it has unlimited time for a fraudulent return). What’s more, the IRS generally has a limit of 10 years from assessment to collect any tax due. And you can be subject to only one audit per tax year (although the IRS can reopen a previously audited return). You also have the right to know when an audit is complete. If you disagree with an IRS assessment or action, we can help.

08/27/2026

U.S. businesses that export goods to Canada should prepare for tariffs taking effect Sept. 8, 2026. Canada will impose tariffs of 15%, 25% or 50% on certain U.S.-origin products, with rates varying by product. Affected sectors include agricultural equipment, appliances, dairy, electronics, pulp and paper, and steel. The measures apply only to goods originating in the United States. U.S. goods already in transit to Canada when the tariffs take effect generally won’t be subject to these tariffs. If your products are subject to the tariffs, Canadian importers may seek price concessions to offset tariff costs, or you might become less competitive there. Contact us to discuss the potential impact.

08/26/2026

The IRS has established an Office of Conservation Easements to centralize expertise and coordinate policy, enforcement and case resolution involving conservation and historic preservation easements. As part of the transition, the IRS has ended its uniform settlement initiative (announced on May 13, 2026) and withdrawn deadlines for accepting previously issued offers. Prior elections remain in effect. Taxpayers with pending eligible cases may still request settlement under the May 13 framework through their assigned IRS examination or chief counsel representative, though different terms may apply in individual cases. We’re here if you have questions.

Address

11511 Katy Freeway STE 630
Houston, TX
77079

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

https://www.xqcpahouston.com/

Alerts

Be the first to know and let us send you an email when XQ CPA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.