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Although it’s hard to think about that tax bill due next April, the strategic financial decisions you make today for your business can help to drastically minimize your tax burden at year-end. Consider these tips that let you invest strategically in your business and your future. Keep Your Financial Records Up to Date Reliable data is […]
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For over 100 years, Texas Gulf Bank (TGB), MEMBER FDIC, has been a strong, stable, and financially secure independent bank thriving in both boom times and recessions. Situated near the Texas Gulf Coast, the West Columbia branch has worked to remain available to meet customers’ needs amid the global pandemic and recent hurricane threats. Despite […]
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Little did anyone know as they sat down to craft 2020 budgets last fall that those plans would be destroyed by the end of the first quarter of this year. A global pandemic, plus forced work-from-home measures, and unpredictable safety protocol costs have forced most companies to move money from one budget to another quickly. Our […]
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Non-Deposit Investment Products are: not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the bank; subject to investment risks, including possible loss of the principal amount invested. Supplemental Security Income (SSI) is a Federal income program funded by general tax revenues designed to help blind, disabled, and older adults who […]
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Reliance on online and mobile technology has grown significantly over the past few months as people spend more time at home with limited in-person visits to local businesses. This means that multichannel support and interactive features become more important as customers need to communicate with their financial institution seamlessly. However, the security of that sensitive […]
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Your business tax return provides valuable insights into your company’s revenue, expenses, and annual growth. It is important that you choose a tax professional knowledgeable in current tax credit opportunities, deductible expenses, and employee taxation reporting. They must ensure your return meets the many requirements dictated by the Internal Revenue Service (IRS). Below are several factors […]
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As business owners weigh the consequences of having employees return to the office, most are rightly concerned about the safety of their people. As we work to reopen the Texas economy, the challenge is to mitigate risk as much as possible with practices and policies that put employee safety first. This extends beyond just disinfecting the […]
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If you’re new to working from home full time, you could be in the midst of a significant adjustment right now. Many Texans found themselves unprepared to turn their living space into a dedicated workspace. If your spouse and kids are also home, this can make things a bit … crowded. For those who thrive […]
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Teaching your children about money and budgeting requires patience, creativity and time. While it may not be easy, it is important that your children know how to manage their money successfully as they get older. Taking the time now is sure to pay off for their future. Below are a few ideas for teaching young […]
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In May, the Texas unemployment rate fell to 13.0%, which is below the national rate of 13.3%. That’s the first decrease since the state economy was first shut down by the COVID-19 pandemic, according to the Texas Workforce Commission. The TWC also noted the addition of 291,000 private sector positions over the past month. Companies […]