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HAGY & ASSOCIATES, P.C.
CERTIFIED PUBLIC ACCOUNTANTS
Home
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)....
Final Regulations Modify Reporting Requirements for Partnership Interest Transfers (TD 10048)
The IRS has issued final regulations modifying reporting obligations for partnerships involved in Code Sec. 751(a) exchanges of partnership interests. The regulations remove the requirement that par...
IRS Issues Guidance on Qualified Long Term Care Distributions (Notice 2026-33)
The IRS has issued guidance on qualified long-term care distributions from qualified retirement plans. The guidance affects providers of certified long-term care insurance (issuers), plan administrato...
Indian Fishing Rights' Income Treated as Compensation Under Qualified Plan Rules (TD 10046)
The IRS finalized regulations treating income derived by individual members of an Indian tribe from fishing rights-related activities as compensation for purposes of limitations on benefits and contri...
IRS Provides Extension Option for ERC Claim Disputes Nearing Deadline (IR 2026-58)
The IRS has introduced a streamlined option allowing taxpayers to extend the time to challenge disallowed Employee Retention Credit (ERC) claims, reducing the need for immediate refund litigation. The...
IRS Establishes Significant Issue Ruling Program for Certain Corporate Transactions (Rev. Proc. 2026-21)
The IRS has established a significant issue ruling program for cerain corporate transactions (Rev. Proc. 2026-21). This program would not diminish the availability of letter rulings under existing pro...
IRS Announces New Settlement Opportunity for Conservation Easement Cases (IR 2026-65)
The IRS has announced a new time-limited settlement opportunity for eligible taxpayers involved in conservation easement and historic preservation easement disputes with the IRS. The program aims to...
AICPA Offers Recommendations Following 2026 Filing Season
Following a 2026 tax filing season that was consistent with the 2025 season, the American Institute of CPAs offered legislators a series of recommendations to help improve filing season in the future....

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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