Tax Tips: How to prepare your business for tax season With the April 15 personal tax deadline looming, businesses have until March 15 to file. Luckily, there are many ways to prepare to get you and your business ready for this tax season. Here’s some tax tips from Williams & Kunkel CPAs: 1. Send your own 1099s If you work … Read More
Accounting can be sexy
The old system of accounting is really boring. If you are like most small business owners each month you ‘transact’ (making it, buying it and selling it) through a manual system, a spreadsheet, a timesheet, a cash register and/or a receipt or quote book. Then progressively through the month (or at the end of the month) the data would be … Read More
5 great strategies to help you this tax season
Knowledge is power, but what if you don’t have time to find out what you need to know about how to save on your taxes? Williams & Kunkel, CPAs, LLP offers the following tax strategies that could truly help you and your family this tax season: 1. Take tax deductions for capital loss If your capital losses exceed your capital … Read More
6 questions every business owner should ask about their accounting system
Cloud accounting is rapidly becoming the norm for how operators financially manage their businesses. If you haven’t yet made the switch or even taken a look at a cloud accounting solution for your business, then we’ve broken it down into some key questions you should consider: As a small business owner, do you think it’s important to know how much … Read More
Williams & Kunkel, CPAs LLP client case study Jesse James Fit
Just as the before and after images on the website show the amazing transformations of their clients… So too has local business Jesse James Fit in Flower Mound experienced its own metamorphosis. Office Manager Maddie and Administrative Assistant Sally provided some valuable insight on the weight loss center and elite training studio’s journey from start up to fully fledged enterprise. … Read More
Williams & Kunkel, CPAs LLP client case study TSI
Bill Beatty at Telephone Services, Inc. talks about his accounting, payroll and more. Bill Beatty was working as VP at Telephone Services, Inc. (TSI) in Lewisville when the business came up for sale in 2005, and he jumped at the chance to own it. After all, how hard could it be to own the business after having already run and … Read More