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Many of us have more time than cash nowadays. If this includes you, then make the most of your free time by making smart financial moves. (DFW CPA Tax Pro: Painless Cash-Saving Tips) If you have time but no money, it’s time to become the best version of yourself. What... Read more

Many business owners struggle to know the difference between smart financial decisions and blanket cost-cutting. (DFW Save Taxes: Don’t Be a Cheap Business Owner) While cutting costs may be great, it can also be fatal if done without careful consideration of your outcomes. Companies do not grow by cutting costs;... Read more

If you already have some kind of emergency fund, have paid off high-interest debt, and are maxing out your tax-advantaged accounts, a congrats is in order! You’ve already developed good savings habits that lay the foundation for financial freedom. (Dallas Tax Reduction: Saving More Income) When you’re saving at least 20% of your... Read more

Having a good savings plan can keep you afloat even when times are changing. (DFW Tax Reduction Experts: Saving Money During Tough Times) Here are things to think about to simplify your spending: Create separate spending accounts for monthly costs If you look at your bank balance and see $1,000... Read more

Looking for tips on how to keep your business operations lean and save money while you continue to grow? (Flower Mound TX Tax Savings: Cut Business Costs) 1. Observe, Plan And Earn Before You Spend Understand, observe and become fully aware of your industry and the needs of your business.... Read more

The coronavirus has forced millions of people to shelter in place, closing thousands of businesses and leading many to institute work-from-home policies. For an even greater number of small companies — retailers, restaurants and others — this has meant layoffs and job loss. (DFW Business Tips: Saving Money on Insurance)... Read more

Believe it or not, you can save for retirement on autopilot. You just have to know how. (Flower Mound Tax Advice: Which Retirement Account Is Best For You?) For most of us, financial experts recommend automatically contributing to an employer-sponsored 401(k) and an IRA. That’s right — it’s not an “either, or”... Read more

People are living longer, which means your retirement years are longer, too. But do you have enough money saved up to have a long, healthy retirement? (Dallas Business Advisors: Stretch Your Retirement Savings) Watch out for fees. You’d be flabbergasted to see how much of your retirement can go to... Read more

Making money is only half the battle. Keeping it is the other half. Yet if you read financial sites, far more than 50 percent of the articles are about ways to generate income. Saving money doesn’t make for great headlines, but it’s vital to your long-term success. With that in... Read more

You might only think about your credit score before a big purchase, like when buying a house or applying for a loan. However, good credit can serve as a continuous backstage pass into a world of perks, better products and easier access into the opportunities you want most. What Is... Read more

Becoming financially stable so you can live comfortably in retirement is a goal that many small business owners have. Fortunately, according to a recent Wells Fargo/Gallup survey, 82 percent of small business owners said they are currently saving or investing money toward their retirement. 76 percent said they think they’ll... Read more

Most construction businesses will use two different tax-accounting methods: one for their long-term contracts and one generally for everything else. A long-term contract is any contract that is still going on  in the same year it’s started. Cash method of accounting One method that some construction contractors can use for... Read more

Sarah and Tim own an independent home entertainment retailer, selling televisions, music systems, phones, computers, games and consoles as well as other consumer electronics. Having completed their year-end accounts and tax work, they were looking for increased sales. Their CPA presented the couple with a three-year business performance review, which... Read more

If you’re looking for big picture advice that combines tax expertise with the know-how of a financial planner, a CPA might be the best bet outside of tax-preparing season? If you only meet annually during the spring, they may seem too busy to tackle bigger-picture issues. The fall can be a... Read more

If you are having trouble paying your debts and staying out of the red, it is important to take action sooner rather than later. Doing nothing may lead to much larger problems in the future, whether it’s a bad credit record or bankruptcy resulting in the loss of assets and... Read more

1. Rethink date night How often do the two of you have a date night? Some couples have a weekly date night during which they go out to a fancy restaurant, order drinks and then maybe go to a movie or bowling. An evening like that can quickly add up to... Read more

Some younger people may be holding on to a lot of cash, studies show. Doing so may not be the best option. If you’re lucky enough to have extra cash sitting around, here is some smart financial planning advice on what to do with it: For instance, a survey released this... Read more

With the summer vacation season coming soon, you’re probably already dreaming of pristine beaches, family reunions or mountain hikes. But for many people, those dream vacations stay just that — dreams— due to lack of funds. However, you still have time to start save up for summer vacation with a... Read more

Working at home affords you loads of freedom, but it also presents a different set of challenges that could stand in the way of productivity. Want to stay focused while working at home? These are helpful strategies that keep you on the ball while enjoying the comforts of home. Find... Read more