Balances after a bad year
Weather and price swings can make tax balances hard to pay. The IRS evaluates payment options against your actual finances.
Learn more: Offer in Compromise · Form 433-A guide
The Entrepreneur's CPA for Amarillo, TX
We help farmers and ranchers, agribusinesses, landowners, and rural small businesses in Amarillo, TX resolve IRS problems and plan ahead so the same issue doesn't return.
Every IRS case starts with your IRS account transcripts and a written plan, with fees disclosed before we begin.
We do not have an office in Amarillo. Amarillo clients are served remotely from our Irving, Texas office by video, phone, and secure document exchange.
See published pricing · How engagements work · Call (817) 214-4014
Tax and IRS issues we see in Amarillo
Amarillo is part of the Texas Panhandle region, in Potter County (the city also extends into Randall County).
This region's economy rests on agriculture, including cotton, cattle, grain, and dairy, along with healthcare, education, and energy.
Texas has no personal income tax. Most businesses deal with the Texas franchise tax and sales tax, both administered by the Comptroller, and local property taxes are handled through county appraisal districts.
Leasing land for grazing, hunting, or minerals
Grazing, hunting, and mineral leases are each reported differently and can affect self-employment tax and passive-activity treatment.
Learn more: Lease bonus payments · Royalty income planning
Farm buildings and improvements
Barns, storage, and other improvements have their own depreciation rules. A cost study may shorten recovery periods for some components.
Learn more: Cost segregation · Section 179 expensing
Frequently asked questions
Do farmers have different tax deadlines?
Qualifying farmers and fishermen have special estimated-tax rules. We confirm whether you qualify based on your income mix.
Is hunting-lease income taxable?
Generally, yes. How it is reported depends on how involved you are and how the lease is structured.
Can we hire our children on the farm?
Family employment can be legitimate when the work is real and the pay is reasonable. Payroll rules vary by business type.
Credentials and practice authority
How we serve clients in Amarillo, Texas
ebotCPA PLLC is a licensed Texas CPA firm serving clients throughout Texas from our Irving office. We do not maintain an office in Amarillo. Services are delivered remotely or at our Irving location by appointment.
IRS resolution and representation · tax planning and strategy · federal and Texas tax compliance · bookkeeping and monthly accounting · CFO advisory and financial reporting · audits, reviews and compilations · entity formation and business advisory
Texas CPA license #127163, Texas State Board of Public Accountancy. Enrolled Agent admitted to practice before the Internal Revenue Service under Treasury Circular 230.
Scope and fees are confirmed in a written engagement letter before work begins.
Ebot Mbi, CPA, EA is an IRS Enrolled Agent and a Texas-licensed CPA (Texas CPA License #127163). Enrolled Agents and CPAs are authorized under Treasury Circular 230 to represent taxpayers before the IRS in every state.
ebotCPA PLLC is a Texas CPA firm. State matters are handled with the Texas Comptroller of Public Accounts.
This page is general information, not tax advice for your situation. Results depend on your facts; no outcome is guaranteed.