People who own successful businesses usually rely a lot on their accountants for advice. When you have a qualified accountant on your team, things like maintaining your books, planning for taxes, and meeting important financial deadlines all become much easier. (Are You Choosing the Best Dallas Tax Professional for You?) These tips below will help you find the right accountant … Read More
Flower Mound Business Coach: Invest Tax Savings Into Your Business
The Tax Cuts and Jobs Act was signed into law on Dec. 22, 2017. It’s being put into action starting with the 2018 tax year. On the business side of things, the tax bill lowers the corporate tax rate from 35 to 21 percent. This is the lowest rate since 1939. For pass-through businesses — which many small businesses are — the … Read More
DFW CPAs Share Tips For New Businesses
Whether it’s ensuring your customers are happy or it’s perfecting your products and services, you’ll need to keep pushing on with a new business. With that said, there’s one area that’s often overlooked by small business owners: accounting. Even if you aren’t a financial expert, it’s absolutely necessary that you have some basic accounting knowledge so you can keep your … 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
Staying Out of the Red
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
A CPA’s Keys to Increased Sales
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
Dentist’s Revenue Jumped With CPA Advice
Dentist’s revenue jumps with one simple process change. Janice started a dental surgery practice three years ago. She had grown the business from nothing, reaching breakeven quickly through word of mouth and then moving into profitability. However, she also felt there was so much more potential to grow. When her trusted CPA suggested they talk through how she might grow … Read More
Questions to Ask Your Accountant
Before choosing an accountant to handle the nuts and bolts of your business’s numbers, first you might want to interview the accountant and found out how they conduct their own business matters. We visited this topic in a more general overview in the past, but this time let’s take a more in-depth look at questions to ask your accountant next … Read More
Five Tips on How To Find the Right Accountant
If you’re thinking about hiring an accountant, you’ve probably discovered that you may need one for more than just crunching numbers. Today, many accountants strive to serve as small business financial advisors. Many of them want to be there for you at every stage of your business’s growth. Helping to write your business plan, reviewing your inventory, looking for ways to … 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