Sherry Tolbert

/Sherry Tolbert

About Sherry Tolbert

Sherry Tolbert has received extensive experience in the field of tax, with over twenty years of experience as a practicing CPA specializing in owner managed businesses. Her expertise is in small business accounting and tax, with a focus on making the process convenient for busy business owners. She earned her BA in Accounting from The University of Texas at San Antonio. Sherry Tolbert grew up in Conroe Texas, north of Houston then raised two great children in the pleasant surroundings of San Antonio. Reading, movies, and travel are super when it’s time to be out of the office.

Do you know the difference between an LLC and S-Corp?

What is an LLC?   An LLC is a entity structure where the owners are not personally liable for the company's debts or liabilities. What is an S Corp?   An S Corp can be set up either as an LLC or a corporation. Then the IRS tax election can be made to adjust how the [...]

By |2019-05-22T20:14:04+00:00May 22nd, 2019|Blog, Business News|0 Comments

Why are you receiving a 1099 Notice?

If you own a business you know that when hiring independent contractors, a 1099 form must be given to them by the end of the year. A 1099 form is used to report to the IRS how much money was paid to that contractor throughout the year. It’s important to note that a 1099 [...]

By |2019-05-14T21:46:13+00:00May 14th, 2019|Blog, Business News|0 Comments

New Tax Code Impact On Divorce

hello everyone I'm Andrea and I'm here with sherry Tolbert and today we will be talking about the new tax codes impact on divorce. The high income tax payer typically had to pay alimony to the lower income tax payer, so the higher income, the higher income tax payer got to deduct that [...]

By |2019-05-22T21:17:35+00:00December 17th, 2018|2018 Taxes, Blog, Financial, Taxes|0 Comments

Is the Franchise You Purchased Not Working Out?

For me or any business owner you know I think the franchises are really special at laying out how to do things, so I would think that if you are a person who doesn't like to be told what to do and how to do it, then it would not be that [...]

By |2019-05-22T21:39:38+00:00December 14th, 2018|Blog, Financial|0 Comments

How to Establish A Business Line Of Credit.💼🏢💳

it's nice to have that because you just don't know what the year is gonna bring exactly and it's  much harder to get a line of credit when things are going badly that's true so  you should have one if things are going  fine and then you have that back up so you [...]

By |2019-05-22T21:29:47+00:00August 1st, 2018|Blog, Business News|0 Comments