Insogna CPA

Insogna CPA Named to the 2025 Inc. Regionals List—For the 5th Time!

Summary

🎉 5-Time Inc. Regionals Honoree! Insogna CPA has been recognized on the 2025 Inc. Regionals list—our fifth time earning this prestigious honor!

🚀 Proven Business Growth Impact – Our proactive tax strategies and financial advisory services have helped clients save thousands, increase profitability, and scale with confidence.

🔥 What Sets Us Apart? – We go beyond tax prep with clear communication, real-time insights, and a team-based approach to support your business growth year-round.

At Insogna CPA, we’ve always believed that success isn’t just about numbers—it’s about proactive strategy, clear communication, and unwavering support for our clients. And now, for the fifth time, we are proud to announce that we’ve been named to the 2025 Inc. Regionals list! 🎉

Being recognized on this prestigious list means that we are among the fastest-growing, privately held companies in the region, achieving remarkable growth over the last two years. It’s an incredible honor, and it wouldn’t have been possible without our dedicated clients, our forward-thinking team, and our commitment to transforming the CPA experience.

But here’s what this award really means: our growth is a direct reflection of the success of the businesses we serve. When our clients thrive, we thrive. And that’s why we’re so passionate about what we do.

What It Means to Be on the Inc. Regionals List (Again!)

The Inc. Regionals list recognizes companies that have achieved outstanding growth between 2021 and 2023. This year, only 951 companies across the nation made the cut, contributing a combined 13,809 jobs to the U.S. economy and reaching a median growth rate of 106%.

Being featured for the fifth time is a testament to our commitment to helping business owners grow with confidence, plan proactively, and navigate their financial future with clarity.

Let’s take a look at how we got here.

How We’ve Helped Businesses Like Yours Grow

At Insogna CPA, we don’t just “do taxes” or “manage books.” We partner with business owners to create a strategic financial plan that reduces tax liabilities, improves cash flow, and ensures sustainable growth. Here are some real-world examples of how we’ve made an impact:

Success Story #1: Helping a Local eCommerce Business Save Over $80,000 in Taxes

One of our clients, a fast-growing Austin-based eCommerce business, was struggling with rising tax liabilities and unclear financial reporting. They felt overwhelmed and unsure about how to scale profitably.

🚀 Our Solution:

Implemented proactive tax planning strategies to reduce their tax burden.
Introduced real-time financial tracking, giving them clarity on their numbers.
Provided advisory support on optimizing inventory and pricing models.

💡 The Result:

Over $80,000 saved in taxes in the first year alone!
Increased profitability by 14%, allowing them to reinvest in growth.
Confidence in financial decision-making—no more last-minute tax surprises.

“Before Insogna CPA, we felt like we were constantly playing catch-up. Now, we actually feel in control of our finances!” – Google Review ⭐⭐⭐⭐⭐

Success Story #2: Transforming a Service Business With Smart Financial Strategies

A boutique marketing agency in Texas came to us feeling frustrated. Their past CPA was reactive, slow to communicate, and failed to provide strategic insights. They wanted more than just tax filing—they needed a financial partner.

🎯 Our Solution:

Transitioned them to monthly financial advisory sessions for better planning.
Helped them navigate employee hiring incentives and tax credits.
Set up automated payroll and bookkeeping, saving hours of manual work.

💡 The Result:

Increased revenue by 22% thanks to better cash flow management.
Saved over 50 hours per year in administrative work.
Built a tax-efficient compensation plan for their growing team.

“Insogna CPA isn’t just an accounting firm—they’re a true partner in our business growth!” – Google Review ⭐⭐⭐⭐⭐

What Sets Insogna CPA Apart?

We know that business owners are tired of generic CPA firms that focus on compliance instead of growth. That’s why we’ve built our firm differently.

💡 Here’s what makes us the go-to CPA firm for business owners in Texas and beyond:

✅ Proactive Tax Strategy – We don’t just file your taxes; we actively look for ways to reduce your tax bill year-round.
✅ Clear, Straightforward Communication – No confusing jargon or vague advice—we make financial strategy easy to understand.
✅ Tech-Enabled, Human-Centered Approach – We use cutting-edge financial tools but keep our focus on personalized, relationship-driven service.
✅ Team-Based Support – Instead of relying on one overworked CPA, you get an entire team of specialists ensuring accuracy, timeliness, and expert insights.

Our mission is simple: help business owners gain financial clarity, maximize profits, and grow with confidence.

A Huge Thank You to Our Clients!

This 5-time Inc. Regionals recognition is about more than just us—it’s about the incredible business owners we serve. Your ambition, resilience, and innovation inspire us every day.

If you’re looking for a CPA firm that actually cares about your success and guides you like a true business thought partner, we’d love to chat.

🚀 Let’s take your business to the next level. Schedule a strategy session today: 📅 Book a Free Consultation

Here’s to continued success—together! 🎉

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Licensed CPA’s Do Not Require Non-Disclosure Agreements (NDAs)

When you engage a Certified Public Accountant (CPA) for any conversation – whether tax related, business planning, or financial advice, you may wonder if a non-disclosure agreement (NDA) is necessary to protect your confidential information. It’s a common question, particularly for individuals and business owners handling sensitive data.

However, licensed CPAs operate under stringent confidentiality standards that make NDAs unnecessary. Confidentiality is a foundational aspect of the CPA profession and is backed by legally enforced standards that safeguard client information.

Together, we’ll explore why NDAs are not needed when working with Insogna CPA, and how these strong confidentiality standards are upheld, and what you can expect when sharing sensitive information with our experienced team.

CPA Confidentiality Standards in Texas

Licensed CPAs in Texas, like those across the U.S., are bound by state laws and professional ethics that prioritize client confidentiality. Specifically in Texas, the Texas Administrative Code (22 TAC §501.76) sets strict guidelines for CPAs to maintain confidentiality, prohibiting them from disclosing client information unless explicitly authorized by the client or required by law. These regulations ensure that licensed CPAs protect client data without the need for NDAs or other external agreements. You can review the Texas Administrative Code on confidentiality for CPAs in detail here.

Key Point of the Texas Administrative Code (22 TAC §501.76)

The Texas Administrative Code outlines confidentiality standards that every licensed CPA in Texas must follow:

✅ Client Authorization for Disclosure: A CPA cannot share client information without explicit authorization from the client. For instance, if you’re contacting our office for the first time and want to talk about a new business idea, or maybe it’s your existing business where you don’t want details being shared with anyone else other than your close inner circle. CPAs are automatically required from disclosing any details of our conversation together without client consent.
✅ Legal Exceptions for Disclosure: In limited situations, CPAs may be legally required to disclose information, such as under a court order. Even in these cases, CPAs are required to share only what is legally necessary, upholding confidentiality to the fullest extent possible.
✅ Regulatory Oversight and Enforcement: The Texas State Board of Public Accountancy enforces these rules, holding CPAs accountable for any breaches of confidentiality. CPAs who violate these standards may face fines, license suspension, or even revocation.

The aim of these confidentiality requirements is to enable clients to freely share their financial information, knowing that their CPA is legally and ethically obligated to protect their privacy.

Why NDAs Are Unnecessary for CPAs

Unlike other financial advisors or consultants who may not be held to strict confidentiality standards, CPAs are bound by both legal and ethical obligations to prioritize client privacy. Here are several reasons why NDAs are typically not necessary when working with a licensed CPA:

1️⃣ Legal and Ethical Standards: The Texas Administrative Code establishes legal confidentiality requirements for CPAs, which come with serious penalties for violations. This legal accountability provides clients with a built-in layer of privacy protection.
2️⃣ High Standards of Professional Integrity: The CPA designation is associated with rigorous ethics and trustworthiness. Confidentiality is embedded in our professional standards and remains a core component of our client relationships.
3️⃣ Professional Accountability: Unlike financial professionals who may not have regulatory oversight, CPAs are accountable to state boards. This structure gives clients recourse if a CPA violates confidentiality, offering further assurance that sensitive information is safeguarded.
4️⃣ Client-Centered Approach: CPAs are trained to offer unbiased, client-centered advice. Their professional training and ethical standards enable them to create a supportive, confidential environment without requiring additional agreements.

Practical Scenarios Illustrating CPA Confidentiality

Here are common situations where CPA confidentiality standards apply without an NDA:

📌 Small Business Tax Preparation: A business owner shares detailed financial information with a CPA to prepare taxes. The CPA is bound by the Texas Administrative Code to keep revenue, expenses, and other sensitive financial information confidential, even without an NDA.
📌 Personal Financial Planning: An individual consulting a CPA for retirement planning may disclose income, assets, and investment strategies. The CPA, bound by legal and ethical obligations, must keep these details private unless the client provides written consent to share them.

Frequently Asked Questions About CPA Confidentiality

❓ Can a CPA disclose my information to other clients or external parties without my permission?

No. CPAs are legally and ethically obligated to protect client information. Sharing information with other clients or third parties without consent would be a serious violation of the Texas Administrative Code.

❓ Do CPAs ever need to sign an NDA?

In most cases, CPAs do not need to sign an NDA because confidentiality is an established part of their professional responsibilities. However, if a client requests an NDA for added assurance, some CPAs may agree to sign one, although it is not necessary.

❓ What happens if a CPA breaches confidentiality?

If a CPA breaches confidentiality, they can face significant penalties, including fines, license suspension, or revocation. The Texas State Board of Public Accountancy enforces confidentiality standards rigorously to protect clients.

❓ How does CPA confidentiality standards compare to other financial professionals?

CPA confidentiality standards are among the strictest in the financial industry. Most financial advisors, consultants, or tax preparers without CPA licenses do not operate under these legally enforced confidentiality requirements. Only licensed attorneys would be equal to the same confidentiality standards that CPAs are required to uphold.

How CPA Confidentiality Benefits Clients

Choosing a CPA provides clients with the assurance that their private information is protected by both professional ethics and state law. Here are some of the benefits of CPA confidentiality:

1️⃣ Secure Financial Planning: Clients can openly share financial details with a licensed CPA, knowing that the information is protected by strict confidentiality standards. This secure environment helps clients receive accurate, comprehensive financial advice.
2️⃣ Peace of Mind with Legal Backing: The Texas Administrative Code’s confidentiality rules give clients peace of mind, knowing that the CPA’s confidentiality obligations are legally mandated.
3️⃣ Trusted Client Relationships: Confidentiality fosters a trustworthy CPA-client relationship. Clients can discuss financial details openly, making CPAs reliable advisors throughout their financial journey.

Additional Benefits of Working with a CPA

Besides confidentiality, licensed CPAs offer a range of benefits:

✅ Expert Knowledge: CPAs undergo extensive education and rigorous exams, equipping them to provide top-tier services in tax planning, business advisory, and compliance.
✅ Legal and Regulatory Compliance: CPAs stay updated on the latest tax laws and financial regulations, helping clients avoid compliance issues and legal risks.
✅ Professional Accountability: Licensed CPAs are regulated by state boards, giving clients a reliable channel for recourse if any standards are violated.

Ready for a Trusted and Confidential CPA Partnership?

When it comes to sharing sensitive financial information, you deserve peace of mind and a trusted advisor who puts confidentiality first. Licensed CPAs are committed to the highest standards of privacy, allowing you to focus on your financial goals without the worry of additional agreements.

If you’re looking for a CPA firm that truly values your privacy while offering expert, client-centered guidance, we’re here to support you. Reach out to us today to start building a secure, growth-focused partnership.

Mexico vs USA: How to Win at Cross-Border Business and Tax Compliance

The Mexico vs USA soccer rivalry gets a lot of attention, and it’s always a game worth watching. But if you’re a business owner with interests on both sides of the border, there’s another game you need to win mastering cross-border business and tax compliance. Whether you’re a Mexican national investing in Texas or a Texas entrepreneur expanding into Mexico, navigating the tax rules, managing your business, and staying compliant can be tricky.

Here’s how you can simplify things, keep your business running smoothly, and make sure you’re set up for long-term success on both sides of the border.

The Texas-Mexico Connection: Business Beyond Borders 🤝

Let’s face it: Texas is a hotspot for business. With its booming real estate market and vibrant economy, it’s a natural destination for Mexican nationals looking to invest or expand. At the same time, many Texas-based businesses see huge opportunities in Mexico’s market. But the challenge is making sure you’re handling business—and taxes—correctly in both countries.

The key to winning cross-border business? Understanding how to manage your taxes, structure your business, and keep everything legal while you’re growing. It sounds complex, but with the right plan, you can avoid penalties, reduce your tax burden, and focus on what really matters—growing your business.

💡 U.S. Tax Compliance for Mexican Nationals: What You Need to Know

If you’re a Mexican national owning property or doing business in Texas, you know there’s a lot to keep up with when it comes to U.S. tax laws. Whether it’s reporting income from a rental property or making sure your business is structured to minimize taxes, staying compliant is essential. Messing up here could cost you a lot, but getting it right opens up opportunities for growth and savings.

So, how can you stay ahead of the game? By creating a tax strategy that’s simple, straightforward, and customized to your needs. This means reporting your rental income, understanding capital gains tax when you sell, and making sure you’re maximizing deductions. It’s not just about keeping the IRS happy—it’s about making your business more profitable.

If you’re based in Texas and doing business in Mexico, it’s just as important to stay on top of Mexican tax regulations. You need to know how tax laws will affect your operations, and structure your business in a way that benefits both sides. That’s where having a smart plan makes all the difference.

✅ Business Structuring: Get It Right from the Start

Choosing how to structure your business is one of the biggest decisions you’ll make when operating in both Texas and Mexico. Whether you’re considering an LLC, corporation, or partnership, each option has different tax implications. Get it wrong, and you could end up paying more in taxes than necessary. Get it right, and you’ll maximize savings, simplify operations, and create a foundation for long-term success.

✅ Cross-Border Payroll: Simplify It, Don’t Stress It

If you have employees in both Mexico and Texas, managing payroll can be a huge pain. Different tax rules, employee benefits, and regulations can make it feel like you’re constantly juggling. And one mistake could lead to fines or legal issues. But don’t stress—we’ve got you covered.

Simplifying payroll is all about having the right system in place. We make sure you’re meeting tax requirements in both countries, so you avoid penalties and stay on the right side of the law. With payroll streamlined, you can focus your energy on what matters most growing your business.

✅ Growing Your Business: It’s About Strategy, Not Just Survival

The goal isn’t just to stay compliant. It’s to build a business that thrives on both sides of the border. That means having a proactive tax strategy that works for you. We’re here to make sure your cross-border business runs smoothly by taking the stress out of taxes, payroll, and compliance.

Our experience working with business owners like you means we understand the unique challenges you face. We help you plan, so you can grow confidently, knowing your business is in good hands.

✅ Take Control of Your Cross-Border Business

You’ve worked hard to get your business to where it is today. Don’t let the complexities of cross-border taxes and regulations slow you down. The right strategy can help you simplify your operations, save money, and stay focused on growing your business.

Ready to take the next step?

Let’s talk about how you can simplify your cross-border business and set yourself up for long-term success. Call us today and find out how you can optimize your business, save on taxes, and grow with confidence in both Mexico and Texas.

Protect Yourself from Identity Theft

The internet has made life more convenient, but it’s also opened the door to scammers and cybercriminals worldwide. These digital crooks are always finding new ways to get their hands on your hard-earned money or steal your identity. From applying for loans and credit cards to filing fraudulent tax returns and making purchases with stolen information, they have plenty of tricks up their sleeves.

In 2024, it’s more important than ever to stay vigilant. Scammers are evolving, so should your defenses. Let’s break down some of their tactics and what you can do to protect yourself from becoming the next victim.

🛡️Identity Theft in 2024: Keep Your Information Safe

Identity thieves still seek the same things—your name, Social Security number, and birth date—but they’re getting sneakier about it. Be cautious about where and when you share this info, and always question why someone needs it. Fewer places with access to your ID means fewer chances for it to be stolen.

Think of your personal information like cash—don’t give it away freely. Scammers use Social Security numbers, credit card details, and even utility accounts to steal your money or open new lines of credit. So, the next time you’re asked for personal information, ask yourself: “Is this necessary?”

Tax Fraud is Still on the Rise

Cybercriminals frequently use stolen IDs to file fraudulent tax returns, cashing in on refunds like the earned income tax credit or the child tax credit. This leaves you dealing with the IRS and their identity theft protocols—not fun. Make sure to monitor your tax accounts closely and be on the lookout for suspicious activity.

What’s in Your Wallet (or Purse)?

Think beyond cash and credit cards. If your wallet or purse gets stolen, what else might be at risk? A driver’s license is like giving away two-thirds of your identity. If your Social Security card is in there, you’ve just handed over the complete package to a potential thief. So, keep your essentials to a minimum and leave those identity goldmines at home.

Beware of Phishing Scams

The classic phishing scam is still one of the easiest ways for criminals to get their hands on your sensitive info. These scams come through emails, texts, or calls posing as legit organizations like banks or even the IRS. Always be skeptical of requests asking for passwords, Social Security numbers, or banking details. Remember, companies won’t ask you for that info via email or phone.

💡 Online Safety: Stay One Step Ahead

Here’s a basic rule for 2024: If it sounds too good to be true, it probably is. Whether it’s an ad, pop-up, or email, don’t assume every offer is legit. Do some research—Google the company with words like “review” or “scam” before providing any personal details.

When shopping or banking online, only use secure, encrypted websites. Look for “https” at the beginning of the web address—if it doesn’t have the ‘s,’ it’s not secure. Also, avoid downloading any software from pop-up ads. If an ad tells you your computer is infected, it’s likely trying to trick you into installing malware.

Password Protection in the Digital Age

In 2024, the rules for passwords haven’t changed much, but the stakes have risen. Longer passwords are better, and the best approach is to use a passphrase rather than a traditional password. Avoid using names, birthdates, or predictable patterns. And remember, never reuse passwords across different accounts—that’s like giving a thief the master key to your digital life.

Beware of Phony Charities

Scammers love taking advantage of people’s goodwill, especially after disasters. They set up fake charities, hoping to lure you into donating. Before you donate, check the charity’s credentials on sites like Charity Navigator or the Better Business Bureau. And never give out your financial details unless you’re sure the charity is legitimate.

The IRS Won’t Call You Out of the Blue

One of the most common scams in recent years involves criminals impersonating the IRS. Here’s the thing: the IRS will never call or email you without first sending a letter through the mail. If someone calls you claiming to be from the IRS and demands immediate payment, hang up. It’s a scam. Real IRS communication always comes through the U.S. Postal Service first.

Stay Protected with Security Software

Make sure you’re using up-to-date security software on all your devices. Set your software to update automatically, and don’t forget about encryption software for added protection. Reputable companies don’t advertise through pop-ups, so avoid downloading any software from an ad—it’s almost guaranteed to be malware.

✅ Backing Up Data: Better Safe Than Sorry

No system is 100% secure, which is why regularly backing up your files is essential. Store your sensitive data, including tax returns and business records, on remote storage or external drives. If anything happens, you’ll still have access to your important information.

Wrapping Up: Stay Sharp, Stay Safe

As we move through 2024, cybercriminals are becoming more creative, and protecting your personal and financial information has never been more crucial. From phishing emails to fraudulent tax returns, the threats are real, but with the right precautions, you can keep yourself safe. Stay informed, stay alert, and always question requests for personal information.

Need Help?

If you have questions about protecting your identity, or if you’re unsure about a suspicious email or call, reach out to us. Our team is here to help you navigate these challenges and ensure your financial security in 2024 and beyond.

Don’t leave it to chance—stay safe, stay protected. Call us today to discuss how we can assist you in keeping your information secure.

Record-Breaking Tax Refunds and Revenue Growth in 2024

The entire Insogna CPA team is excited to announce that we’ve hit a major milestone—helping our clients grow their revenues to an impressive $2,357,000 from all tax returns prepared on 2019. That’s right—this isn’t just about refunds. We’re talking about smart tax strategies that helped businesses not only save but grow!

Achievement and Result 🏅

This achievement didn’t happen overnight. It’s the result of year-round planning, strategic tax preparation, and, of course, the incredible partnerships we’ve built with you—our valued clients. Without your trust and collaboration, we couldn’t have reached this success.

And while we’re still savoring this achievement, we’re already gearing up for an even bigger year ahead. 2024 and 2025 promises new opportunities to maximize tax benefits and fuel revenue growth. Whether you’re looking to optimize your tax returns, plan for long-term savings, or simply take the headache out of tax season, we’re here to make sure you crush your financial goals.

A special thank you to all of our clients! We’re grateful for your partnership and excited to keep working together year after year. Let’s make another record-breaking year!

Want to join the ranks of businesses growing their revenues and slashing tax bills?

Connect with us today to start planning your 2024 tax strategy. Let’s make this your most profitable year yet!

Qualified Small Business Stock (QSBS): Definition and Tax Benefits

With so many promising companies still in the early stages of growth, qualified small business stock (QSBS) offers everyday investors a unique opportunity to back businesses they believe will become the next big thing. Even better, the tax advantages of QSBS make it an attractive option for investors looking to minimize taxes while supporting startups with low initial investments.

If you’re new to QSBS, here’s what you need to know to fully understand the tax benefits of qualified small business stock and how you can take advantage of them.

💡 Breaking Down QSB Stock

Qualified small business stock (QSBS) refers to shares issued by qualified small businesses as defined under Section 1202 of the Internal Revenue Code. This stock must be purchased after August 10, 1993, from domestic C corporations with assets under $50 million soon after the stock issuance.

✅ Qualified Small Business Eligibility Provisions

Not all industries qualify for QSBS. Eligible companies typically operate in fields like retail, manufacturing, and technology. However, sectors like hospitality, professional services (law, healthcare, etc.), agriculture, mining, and finance (banking and insurance) are excluded. To remain eligible, the business must actively use at least 80% of its assets in qualified operations and retain C corporation status during the investor’s holding period.

QSB Tax Benefits in 2024

If you invest in QSBS, here’s what you stand to gain:

📌 100% exclusion from U.S. federal capital gains taxes
📌 100% exclusion from the alternative minimum tax (AMT)
📌 100% exclusion from the 3.8% net investment income tax (NIIT)

However, for stock issued before September 28, 2010, the exclusion percentages range between 50-75%. Keep in mind there’s also a 28% tax on gains that aren’t excluded and are subject to the NIIT.

❗ Gain Exclusion Limitation

The tax savings under Section 1202 come with a generous cap. Investors can exclude gains up to the greater of \$10 million (or \$5 million for married couples filing separately), or 10 times the combined basis in QSBS sold during the tax year.

QSB Tax Exemption Eligibility Requirements

To claim these tax benefits, you’ll need to meet specific requirements:

✅ You must be an individual, not a corporation.
✅ You must be a U.S. citizen or non-U.S. citizen living in the U.S.
✅ You must have purchased the stock directly from the issuing company, not through a secondary market like the NYSE or NASDAQ.
✅ The stock must be held for at least five years before selling. If you need to sell earlier, you can avoid taxes by reinvesting the profit into another QSBS within 60 days—assuming you held the original QSBS for more than six months.

Does this sound like the right investment for you? Let Insogna CPA help you navigate your QSBS tax planning and ensure you’re getting the maximum benefits. Contact our wealth-building experts today to get started.

Ready to maximize your QSBS tax benefits in 2024?

Whether you’re new to investing or a seasoned pro, our team is here to guide you through the process. Schedule a free consultation today and let’s make your investment work harder for you.