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HAGY & ASSOCIATES, P.C.
CERTIFIED PUBLIC ACCOUNTANTS
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Newsletters
Taxation of IRA investments in Certain Partnerships
The AICPA recently published an article that Janet wrote about how to minimize the tax upon sale of Master Limited Partnership interests held in IRA accounts....
Guide to Residential Real Estate Deductions
Janet's article about residential real estate under the new tax laws was published in both the Journal of Accountancy (May 2019) and The Tax Adviser (April 2019)....
Proposed Regs Identify Occupations Eligible for "No Tax on Tips" Deduction, Define "Qualified Tips" (NPRM REG-110032-25)
The Treasury Department and the IRS have proposed regulations that identify occupations that customarily and regularly receive tips, and define "qualified tips" that eligible tip recipients may clai...
IRS Issues Final Regulations Amending Catch-up Contribution Rules (TD 10033; IR-2025-91)
The IRS issued final regulations implementing the Roth catch-up contribution requirement and other statutory changes to catch-up contributions made by the SECURE 2.0 Act of 2022 (P.L. 117-328). The re...
Streamlined Procedures Provided for Research and Experimental Expenditure Elections and Accounting Method Changes (Rev. Proc. 2025-28)
Revenue Procedure 2025-28 instructs taxpayers on how to make various elections, file amended returns or change accounting methods for research or experimental expenditures as provided under the One, B...
Wages Not Deductible as Qualified Business Income Deduction (Savage, TC)
The shareholders of S corporations engaged in cannabis sales could not include wages disallowed under Code Sec. 280E when calculating the Code Sec. 199A deduction. The Court reasoned that only wag...
Married Couple Not Entitled to Plug-In Vehicle Credit Beyond Year of Purchase (Moon, TC)
A married couple was not entitled to claim a plug-in vehicle credit after the year in which their vehicle was first placed in service. ...
FinCEN Proposed Regs Delay Investment Adviser Rules Until 2028 (FinCEN RIN-1506-AB58 and 1506-AB69)
The Financial Crimes Enforcement Network (FinCEN) has proposed regulations that would amend the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Re...

BIG NEWS! – I’M NOT RETIRING!

But I am pleased to announce the merger of Hagy & Associates with LPF, PLLC.

Effective August 16, 2022, I will be a partner in LPF, PLLC. 

This merger will not affect any work we have in progress right now or for the upcoming deadlines.  We will still be in our same office with the same staff, email and phone numbers, and billing rates.  After October 17, the same familiar faces will be at: 

3200 Steck Avenue, Suite 200

Austin, TX 78757 

I want to introduce you my partners, Tom Panagiotou and Alex Furner, when you have time.  I chose them for their professional expertise and compatible firm culture.  We are all available to answer any questions or concerns you may have regarding this merger or any other tax matter. 

LPF, PLLC is an established Austin CPA firm.  Please check out our website.   www.lpfcpa.com

I am delighted with this merger. I am getting older, but I am not ready to retire. This merger will allow me to continue to do the job I love with the clients and staff I treasure until I have to hang up my calculator. 

Thank you for your business and friendship over the years.  We look forward to serving you for many more to come. 




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