Looking for a few tips to revitalize your personal energy after the tax season is over and get ready for the summer? Some of these small business consulting tips are so easy and simple you might think they won’t do anything for you. As you read, check to see which ones have slipped from your current daily routine. 5 Tips to … Read More
Tax Time T.V. Giveaway!
We’re giving away this awesome 55” 4K Ultra HD Vizio TV– valued over $600– to ONE lucky winner! You MUST COMMENT ” DFW CPA” on our Facebook post , and SHARE the post on your own page. The winner will be chosen by a random drawing on April 19, 2017 at 12pm CST. The winner must also pick up the … Read More
Why You Should File Early This Year
For an estimated 153 million Americans, January means the beginning of tax season. The official kickoff is Monday, January 23. If reminders about tax time make you want to hit the snooze button until spring, lend your ears. Putting off your taxes can make you a mess come April 18, which is this year’s filing deadline. The IRS encourages early … Read More
Four Ways to Grow Your Business
Four Roads to a Thriving Business According to most people, there are only four ways to grow your business: Increase the number of customers Get them coming back more often Increase the average spend Improve the effectiveness of every business process For instance, a local art gallery worked with their trusted CPA to improve their profitability significantly by running a … Read More
Tax Moves to Make Before New Year
As the end of the year gets closer, unfortunately it’s time to think about taxes and make some moves. The tax season may seem far off, but this is the time of year to get the ball rolling. Let’s look at some easy steps to take that could help you in the springtime: Deduct Contributing to charity is a great … Read More
New IRS Tool to View Tax Balance
The IRS has announced the launch of a new online tool to help taxpayers. This new IRS.gov tool allows taxpayers to view their tax account balance online. The balance includes any amount owed for tax, as well as penalties and interest for each tax year. Once you look at your balance, you can take advantage of online payment options. These include direct pay, … Read More
Start With a 4-Figure Income
Don’t worry about chasing the dream of having a 7 figure income. Start more reasonably. Try to focus on building a 4 figure income first. To Be Clear Yeah, 4 figures might not be a huge amount of money to you. You can’t buy a mansion with it. But 4 figures is enough to start seeing things materialize. 4 figures … Read More
How a CPA Can Boost Your Small Business
If you’re starting a small business on a fixed budget, you’ve probably spent some time trying to figure out where you can cut costs and do more on your own in order to stretch the funds you have available. One area where you may consider doing it yourself instead of farming it out is accounting. If you have an accounting background … Read More
An Intro to Trump’s Tax Plan
What do you know about president-elect Donald Trump’s tax plan? For starters, he has proposed the largest tax cuts since Ronald Reagan. If Trump were to get everything he has proposed from a Republican-controlled Congress, a taxpayer who makes between $48,000 to $83,000 a year would save about $1,000 under his plan, said Howard Gleckman, a senior fellow at the … Read More
Some IRS Changes for 2017
If you’re a business owner, don’t forget about the date January 31, 2017, the new due date for filing forms W-2. Under a new law, the Protecting Americans from Tax Hikes (PATH) Act, enacted last December, the new filing deadline for employers to submit forms W-2 to the Social Security Administration, is January 31. The new January 31 filing deadline also … Read More