Every homeowner in Texas may receive an additional tax bill for more property taxes before year-end. On November 3rd, Texans will head to the polls to vote on Proposition 1. The homestead exemption in the state of Texas hasn’t changed since 1997. Over the same period, median home values in Texas have risen from about $86,000 to $186,000.
Hiring a Bookkeeper Considerations
The #1 threat to a growing business is internal fraud. This risk occurs when the business grows to the point where the owner hires the first bookkeeper. At this stage, the business is not large enough for a full-blown accounting department, but needs a person to pay bills and invoice customers. Hiring a bookkeeper can be a great decision for a business owner but it can also be a costly one if precautions are not taken.