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Tax Planning and Wealth Management

Williams Kunkel
 / 
July 31, 2024
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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
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DFW Tax Prep: Top Ten Tax Tips

Williams Kunkel
 / 
February 7, 2018
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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
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Flower Mound Business Advice: Freelancer Tax Tips

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

Williams Kunkel
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February 28, 2018
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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
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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
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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
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Dallas Tax Preparation: File Taxes Without A Hitch

Williams Kunkel
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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
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Flower Mound Accounting: Last Minute Tax Tips

Williams Kunkel
 / 
April 10, 2018
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Tax Planning and Preparation
In case you weren’t aware, this year’s tax filing deadline is rapidly approaching. You have until April 17 to submit your 2017 return. If you’ve been procrastinating, it’s time to get moving. Here are some tips to help from experienced pros: 1. Decide whether you’ll be itemizing Though itemizing on a tax... Read more
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Flower Mound Tax Help: What To Do With Your Refund

Williams Kunkel
 / 
May 11, 2018
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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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Flower Mound Tax Pros: Ways To Save Your Small Business Money

Williams Kunkel
 / 
January 16, 2018
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Business Advisor Services
As a small business owner you need to be really frugal. Lack of or misuse of capital is one of the main reasons why companies fail . That said, priority number one should be to save money. While some ideas will save more money than others you need to understand... Read more
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Tax Errors You Can Avoid This Year

Williams Kunkel
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April 6, 2017
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Tax Planning and Preparation
Taxes are hard and stressful enough to do without making avoidable errors. Before clients file, they should double check to make sure they don’t make the following tax errors. We often hand out this checklist to clients to avoid mistakes in advance. Not signing the return (if you file paper... Read more
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Small Business Coach: Know Your Clients First

Williams Kunkel
 / 
July 20, 2017
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Business Advisor Services
For different reasons, individuals and small businesses rarely do a thorough background and credit check of their business clients. This creates a large information gap when it comes to knowing exactly who you’re dealing with. Small Business Coach: Know Your Clients First Everyday information about a business and even looking... Read more
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Being a Parent Lowers Your Taxes

Williams Kunkel
 / 
October 27, 2016
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Tax Planning and Preparation
Uncategorized
If you are a parent, you can lower your tax burden significantly. Eight different tax credits and deductions are out there that can help lower your tax burden:   Dependents In most cases, a child can be claimed as a dependent in the year they were born. Be sure as... Read more
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Some IRS Changes for 2017

Williams Kunkel
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November 3, 2016
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IRS Problem Resolution
Uncategorized
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,... Read more
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An Intro to Trump’s Tax Plan

Williams Kunkel
 / 
November 10, 2016
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Tax Planning and Preparation
Uncategorized
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... Read more
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New IRS Tool to View Tax Balance

Williams Kunkel
 / 
December 8, 2016
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Tax Planning and Preparation
Uncategorized
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... Read more
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Tax Moves to Make Before New Year

Williams Kunkel
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December 14, 2016
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Tax Planning and Preparation
Uncategorized
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... Read more
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Why You Should File Early This Year

Williams Kunkel
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January 18, 2017
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Tax Planning and Preparation
Uncategorized
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,... Read more
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Important Information About IRS Forms 1099

Williams Kunkel
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January 26, 2017
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Tax Planning and Preparation
Here is important info about IRS Forms 1099 as they’re arriving in your mailboxes this year: 1. Generally, businesses must issue the forms to any payee (other than a corporation) who receives $600 or more during the year. That’s just the basic rule, but of course there are many exceptions.... Read more
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The Most Important Taxpayer Rights to Know

Williams Kunkel
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February 9, 2017
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IRS Problem Resolution
Most of you probably know that breaking tax rules, even if on accident, can bring serious consequences like an audit, but you should know your important taxpayer rights as well. Below we’re outlining what your rights are in case you run into a problem with the IRS.  Important Taxpayer Rights The... Read more
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New Tax Plan Changes

Williams Kunkel
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February 23, 2017
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Tax Planning and Preparation
The goal of any tax policy should be pretty simple: raise the required revenue to pay for whatever government actually—minimally—needs to do. And the government should do those things as fairly and neutrally as possible. What do the new tax plan changes propose to do and what kind of trends... Read more
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Tax Preparation Stress Doesn’t Have to Happen Every Year

Williams Kunkel
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March 6, 2017
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Tax Planning and Preparation
Are you stressed about your business taxes and looking for a tax consultant? You are not alone. Tax season stress doesn’t have to be an annual occurrence. Here are some of the causes of the stress and the things you can do to cure your tax preparation stress: MONEY =... Read more
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Last Minute Tax Expert Advice To Help This Year

Williams Kunkel
 / 
March 14, 2017
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Tax Planning and Preparation
With the tax filing deadline soon, many people are already scrambling to gather their paperwork and get their returns in before it’s too late. Here are some last minute tax expert advice for those of you filing your taxes. This tax expert advice from a certified public accountant can reduce... Read more
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Flower Mound CPA Advice: Is an Extension Right for You?

Williams Kunkel
 / 
March 21, 2017
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Tax Planning and Preparation
If you can’t pay your taxes by this year’s April 18th deadline, you can always request a 60- to 120-day extension to pay. Don’t forget about asking your local certified public accountant and tax preparation specialist about the benefits. You may still be charged penalties and interest but at a... Read more