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Featured image for Tax Savings Tips for Realtors (Part 1)

Tax Savings Tips for Realtors (Part 1)

Williams Kunkel
 / 
June 28, 2024
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Real Estate Tax Help
Tax Savings Tips for Realtors (Part 1) Realtors often have unique financial situations due to the nature of their work, which can include fluctuating income, numerous business expenses, and self-employment taxes. Here are some tailored tax-saving tips for realtors to help them keep more of their hard-earned money: 1. Maximize... Read more
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Why Work with a Strategic Tax Coach?

Williams Kunkel
 / 
July 17, 2024
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Tax Planning and Preparation
Why Work with a Strategic Tax Coach? Managing taxes can be a complex and overwhelming task, especially for small business owners, freelancers, and entrepreneurs. A strategic tax coach can make a significant difference in how you handle your tax planning and financial strategy. In this post, we’ll explore the benefits... Read more
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Tax Planning and Wealth Management

Williams Kunkel
 / 
July 31, 2024
 / 
Real Estate Tax Help
Tax Planning and Preparation
Creating wealth is a goal many aspire to, but the strategies to achieve it often remain elusive. Whether you’re an entrepreneur, a freelancer, or an individual looking to secure your financial future, understanding the intricacies of tax planning and wealth management can be transformative. Let’s delve into the amazing secrets... Read more
Featured image for Why Accountants Are Your Most Trusted Advisors

Why Accountants Are Your Most Trusted Advisors

Williams Kunkel
 / 
November 7, 2024
 / 
Tax Planning and Preparation
Why Accountants Are Your Most Trusted Advisors Accountants hold a unique position as trusted advisors, bridging the gap between financial expertise and personal trust. Here’s why they’re considered essential allies for both personal and business financial success. 1. Financial Expertise and Knowledge Accountants are experts in navigating complex financial landscapes.... Read more
Featured image for DFW Realtor Tax Advisors: Deductions For Realtors

DFW Realtor Tax Advisors: Deductions For Realtors

Williams Kunkel
 / 
July 28, 2022
 / 
Real Estate Tax Help
As part of our continued efforts to help realtors save on their taxes, we’ve compiled a list of some more commonly used deductions. (DFW Realtor Tax Advisors: Deductions For Realtors) Since realtors are self-employed sole proprietors, they are eligible for the same deductions as other self-employed business owners. Allowable tax... Read more
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Saving on Taxes After Tax Day: A Guide For Business Owners

Williams Kunkel
 / 
April 30, 2024
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Uncategorized
For business owners, Tax Day isn’t just a deadline. Quite the opposite, it’s an opportunity to reflect on financial health and plan for the future. That said, now that Tax Day has passed, let’s shift gears and focus on saving money/maximizing profits for the rest of the year. (Saving on... Read more
Featured image for Texas CPA All Stars: More Important Than Ever To Save On Taxes

Texas CPA All Stars: More Important Than Ever To Save On Taxes

Williams Kunkel
 / 
August 13, 2020
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Tax Planning and Preparation
During these times of economic uncertainty, two things remain certain: taxes and a need to save money. (Texas CPA All Stars: More Important Than Ever To Save On Taxes) Unemployment is taxable just like ordinary income. This means that those who receive unemployment benefits will have to pay taxes on... Read more
Featured image for Dallas Tax Advisor: Retiring As a Business Owner

Dallas Tax Advisor: Retiring As a Business Owner

Williams Kunkel
 / 
June 20, 2019
 / 
Business Advisor Services
Business owners and gig economy workers may enjoy their freedom and often benefit from more flexibility. But, they miss out on the retirement plans and contributions that many full-time workers receive. So, how should a small business owner plan for retirement in the absence of company-sponsored plans? (Dallas Tax Advisor:... Read more
Featured image for Dallas CPAs On Best Ways to Preserve Wealth

Dallas CPAs On Best Ways to Preserve Wealth

Williams Kunkel
 / 
October 29, 2018
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Money Advice
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
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Real Estate Tax Experts: Property Tax Tips

Williams Kunkel
 / 
December 3, 2018
 / 
Real Estate Tax Help
Property tax is a tax on real estate and sometimes other property which you own. Local governments typically assess property tax. The amount of property tax you owe is largely based on where the property is and how much it is worth. Calculating your property tax Property tax is typically determined... Read more
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Business CPA: The Perfect Work Schedule

Williams Kunkel
 / 
May 9, 2019
 / 
Business Performance Reviews
Check out these 10 tips to help you create a schedule that works for your business and your team. They’ll also help you create ideal employee shifts for your business. (Business CPA: The Perfect Work Schedule) Determine Your Staffing Needs Scheduling is a balance. You need to have enough employees... Read more
Featured image for DFW Tax Prep: Top Ten Tax Tips

DFW Tax Prep: Top Ten Tax Tips

Williams Kunkel
 / 
February 7, 2018
 / 
Tax Planning and Preparation
Being a small business owner is expensive. Every penny counts when entrepreneurs are living on razor-thin margins. But owning and operating a small business is even more expensive when you pay more taxes than you owe. In a survey personal finance expert Garrett Gunderson conducted of his small business-owner clients,... Read more
Featured image for Flower Mound Business Advice: Freelancer Tax Tips

Flower Mound Business Advice: Freelancer Tax Tips

Williams Kunkel
 / 
February 21, 2018
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Tax Planning and Preparation
Now that tax season is in full swing, many workers will no doubt be scrambling to get their returns done. That also includes the self-employed. While filing taxes as a salaried employee often means copying down a number from a W-2 and calling it a day, there’s often a whole set... Read more
Featured image for Flower Mound Tax Help: These Tax Breaks Could Be Gone in 2018

Flower Mound Tax Help: These Tax Breaks Could Be Gone in 2018

Williams Kunkel
 / 
February 28, 2018
 / 
Tax Planning and Preparation
If you haven’t filed your 2017 taxes yet, grab your shoebox of receipts and see if you qualify for these deductions. Flower Mound Tax Help: These Tax Breaks Could Be Gone in 2018 By now, you know that the Tax Cuts and Jobs Act has overhauled the tax code, including nearly doubling... Read more
Featured image for Dallas Tax Pro: Tax Scams To Watch For This Year

Dallas Tax Pro: Tax Scams To Watch For This Year

Williams Kunkel
 / 
March 6, 2018
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Tax Planning and Preparation
Tax filing fraud could reach an all-time high this year, as a result of last year’s Equifax data breach. Millions of names, addresses and Social Security numbers may be compromised, and an identity thief armed with your personal information can file a tax return in your name, and collect a... Read more
Featured image for Tax Preparation Help: Are You Getting All The Tax Breaks You Deserve?

Tax Preparation Help: Are You Getting All The Tax Breaks You Deserve?

Williams Kunkel
 / 
March 14, 2018
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Tax Planning and Preparation
Are you taking all the tax breaks you’re entitled to? CPAs say you might be able to reduce your tax bill by taking advantage of the many exemptions, deductions, and credits built into the tax code. (Tax Preparation Help: Are You Getting All The Tax Breaks You Deserve?) Tax exemptions,... Read more
Featured image for DFW CPA: Lower Taxes For Small Business

DFW CPA: Lower Taxes For Small Business

Williams Kunkel
 / 
March 21, 2018
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Tax Planning and Preparation
Minimizing taxes may be the difference between a profitable business and one that is just getting by. You all are probably thinking: “I don’t have extra time do deal with taxes.” Here are seven ways you can tame the stress of small business taxes and hopefully put a little (or a lot)... Read more
Featured image for 75028 CPAs: How To Stretch a Tax Refund

75028 CPAs: How To Stretch a Tax Refund

Williams Kunkel
 / 
March 27, 2018
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Tax Planning and Preparation
While it can be tempting to splurge money on something, saving some of it could be a smarter move over the long run. Here some ways that taxpayers with a household income of less than $75,000 can put that refund to good use. 1. Build up your rainy day fund... Read more
Featured image for Dallas Tax Preparation: File Taxes Without A Hitch

Dallas Tax Preparation: File Taxes Without A Hitch

Williams Kunkel
 / 
April 4, 2018
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Tax Planning and Preparation
With tax penalties in place that could be as much as 5% a month, filing your taxes late as a business owner can be costly. To make sure you meet the tax deadline this year and every year going forward, you need to stay organized and spend the time it takes to... Read more
Featured image for Flower Mound Accountant: Celebrating Small Business Week

Flower Mound Accountant: Celebrating Small Business Week

Williams Kunkel
 / 
May 1, 2018
 / 
Business Advisor Services
What are the challenges that keep small businesses from doing more business? What can entrepreneurs, who already wear so many hats, do to overcome them? Reacting vs. thinking ahead Every business owner knows how important it is to stay on top of day-to-day operations, but survey results suggest “short-termism” is... Read more
Featured image for Flower Mound Tax Help: What To Do With Your Refund

Flower Mound Tax Help: What To Do With Your Refund

Williams Kunkel
 / 
May 11, 2018
 / 
Tax Planning and Preparation
Refund season is here! Last year, nearly eight out of 10 people received a tax refund worth an average of $2,895, according to the IRS.  If that average holds up this year, many taxpayers will once again get a nice check from Uncle Sam. CPA experts have some advice on... Read more
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Dallas Real Estate Tax Experts: Self-Made Millionaire Realtor On Her Success

Williams Kunkel
 / 
July 25, 2018
 / 
Real Estate Tax Help
How did Dottie Herman become the richest self-made woman in the U.S. real estate industry? As CEO of Douglas Elliman, she steers the sails of one of the nation’s oldest and largest real estate brokerage firms with approximately $27.4 billion in annual sales volume and a whopping 7,000 real estate agents. From her... Read more
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Real Estate CPA: How Investing Can Help Save You Taxes

Williams Kunkel
 / 
September 26, 2018
 / 
Uncategorized
The Tax Cuts and Jobs Act has changed our finances and the profitability of investments. Much of the press coverage around the new rules has been on its drawbacks. However, some positive financial opportunities exist for those who educate themselves and act on new breaks. The new tax law both... Read more
Featured image for DFW Accountants: What Small Business Mistakes Can Teach Us

DFW Accountants: What Small Business Mistakes Can Teach Us

Williams Kunkel
 / 
August 29, 2017
 / 
Business Advisor Services
Just because you might be the best accountant, plumber, or chef in town doesn’t necessarily mean that you have all the skills you need to open a business.  In fact, leadership itself is a skill – a set of behaviors that can be learned and improved upon. Since we can... Read more