Dallas CPAs On Best Ways to Preserve Wealth

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Dallas CPAs On Best Ways to Preserve Wealth

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 mind, let’s discuss a few important ways that can help … Read More

Small Construction Business Accounting Tips

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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 both generally and specifically for their long-term contracts is the … Read More

DFW Accountant: Succession Planning

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DFW Tax Help: Small Business Year End Tips

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 have enough money to live comfortably in retirement. While most … Read More

Money Saving Tips for Couples

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small business consulting Flower Mound, Dallas, Fort Worth

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 more than $100. If you want to save money as … Read More

Staying Out of the Red

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Flower Mound Tax Pros: Ways To Save Your Small Business Money

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 even your home. If you’re in financial trouble, then here … Read More

The Tax-Savvy Financial Planner

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DFW CPAs Share Tips For New Businesses

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 good time to schedule a meeting, so you still have … Read More

A CPA’s Keys to Increased Sales

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Flower Mound, TX CPA: Managing Your Small Business Cash Flow

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 highlighted three key issues: Sales had declined year after year … Read More

Stay Focused While Working at Home

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Early Tax Filing - DFW CPA Tax Accountant - Business Tax Services | Williams & Kunkel CPA

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 your Rhythm Everyone has a different internal rhythm. What’s yours? … Read More

Save Up For Summer Vacation

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summer vacation

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 little advice from a trusted financial professional. By cutting back … Read More

What Millennials Should Do With Extra Cash

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extra cash - smart options for teens

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 week by UBS Wealth Management Americas found that millennials who … Read More