
DFW CPA Tax Pro: Painless Cash-Saving Tips
Williams Kunkel
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August 27, 2020
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Many of us have more time than cash nowadays. If this includes you, then make the most of your free time by making smart financial moves. (DFW CPA Tax Pro: Painless Cash-Saving Tips) If you have time but no money, it’s time to become the best version of yourself. What... Read more

Dallas Tax Reduction: Saving More Income
Williams Kunkel
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September 24, 2020
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If you already have some kind of emergency fund, have paid off high-interest debt, and are maxing out your tax-advantaged accounts, a congrats is in order! You’ve already developed good savings habits that lay the foundation for financial freedom. (Dallas Tax Reduction: Saving More Income) When you’re saving at least 20% of your... Read more

DFW Tax Reduction Experts: Saving Money During Tough Times
Williams Kunkel
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October 8, 2020
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Having a good savings plan can keep you afloat even when times are changing. (DFW Tax Reduction Experts: Saving Money During Tough Times) Here are things to think about to simplify your spending: Create separate spending accounts for monthly costs If you look at your bank balance and see $1,000... Read more

Flower Mound Best Accountants: Your Tax Savings
Williams Kunkel
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November 5, 2020
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Early November is a good time to make a checklist and see if you’re doing all you can to reduce your taxes. (Flower Mound Best Accountants: Your Tax Savings) 1. Dump losing investments Tax-loss harvesting is a strategy in which you rack up losses in a taxable brokerage account by... Read more

Flower Mound Texas Tax Reduction: Cutting Your Bill
Williams Kunkel
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December 4, 2020
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An unexpected tax bill can ruin your day. To help avoid that unwelcome surprise, here are some easy moves many people can make to cut their tax bills. In many cases, you must itemize rather than take the standard deduction in order to use these strategies. The extra effort may be worth it. (Flower Mound Texas Tax... Read more

Dallas Tax Advice: Cut Business Costs, Part 2
Williams Kunkel
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January 28, 2021
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As part of an ongoing series on how you can cut business costs, we’re sharing a few more tips. Finding the right balance between what to spend and what to save is what an expert CPA can help you with. (Dallas Tax Advice: Cut Business Costs, Part 2) 1. Align... Read more

Flower Mound Business Tax Reduction: Your 2020 Bill Can Still Be Cut Down
Williams Kunkel
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February 25, 2021
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Business owners can establish SEPs for major tax savings If you work for yourself and have not yet set up a tax-favored retirement plan for yourself, you can establish a simplified employee pension (SEP). (Flower Mound Business Tax Reduction: Your 2020 Bill Can Still Be Cut Down) Unlike other types... Read more

Dallas Tax CPA: Saving On 2020 Taxes
Williams Kunkel
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March 26, 2021
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Last year brought big changes for millions of Americans. Many lost their jobs or saw their paychecks reduced; others worked remotely from home. Some were forced to drain their retirement accounts to pay the bills; others fortified their savings with stimulus checks. (Dallas Tax CPA: Saving On 2020 Taxes) All of these... Read more

Year-End Tax Moves For Successful Business Owners
Williams Kunkel
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December 5, 2019
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While tax season may be months away, December 31st will be here before you can say “Jingle Bells.” The fourth quarter is the best time for some proactive tax planning to lower your tax bill. With extensions, you may be able to delay filing your 2019 taxes until late 2020. However,... Read more

Flower Mound Tax Savings: Tax Reductions To Make Before 2020
Williams Kunkel
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December 12, 2019
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Believe it or not, Tax Day 2020 is just around the corner. (Flower Mound Tax Savings: Tax Reductions To Make Before 2020) Many of us are scrambling to find last-minute tax deductions before 2019 ends and tax season begins. No need to worry. The new tax law remains in full... Read more

Flower Mound Tax Consultants: Gift of Tax Savings
Williams Kunkel
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December 19, 2019
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Happy holidays – give yourself the gift of tax savings As we head into the holiday season and New Years, it can pay huge dividends to spend a little time seeing if any year end moves can help you save a lot on taxes. (Flower Mound Tax Consultants: Gift of... Read more

Flower Mound Accounting: Biggest 2020 Tax Breaks
Williams Kunkel
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January 2, 2020
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None of us want to pay more in taxes than we have to. Fortunately, the government gives taxpayers lots of ways to reduce their tax bills, with a host of deductions, credits, and other breaks designed to help you manage your taxes effectively. (Flower Mound Accounting: Biggest 2020 Tax Breaks)... Read more

Flower Mound CPA All Stars: Tax Changes to Know in 2020
Williams Kunkel
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January 9, 2020
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A new year means an entirely different set of tax laws to follow. Thankfully, these changes are all good ones that can put more money in your pocket this year. (Flower Mound CPA All Stars: Tax Changes to Know in 2020) 1. A higher standard deduction…yay Tax filers have two... Read more

Dallas CPA Advisors: Best Tax Deductions For You
Williams Kunkel
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January 30, 2020
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The Tax Cuts and Jobs Act was the most sweeping overhaul to the United States tax code in decades. In addition to lowering the tax bills for many Americans, the tax reform bill also simplified the tax code. (Dallas CPA Advisors: Best Tax Deductions For You) One of the ways... Read more

DFW Accountant Pros: What To Do With Your Refund
Williams Kunkel
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February 6, 2020
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Are you getting a tax refund this year? Tax refunds can help maintain the positive momentum for achieving money goals. (DFW Accountant Pros: What To Do With Your Refund) Depending on where you’re at in your financial journey, a tax refund can be a blessing. You can pay down debt... Read more

Dallas Tax Savings: Super Business Write Offs
Williams Kunkel
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February 13, 2020
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Many business owners try to save money anywhere they can. As a result, one area they should pay close attention to is tax deductions. Figuring out which business expenses you can deduct from your taxable income can save you big. Therefore, it’s important for small businesses to consult accountants and... Read more

Dallas Tax Consultants: Save With These Tax Tips
Williams Kunkel
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March 5, 2020
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Even though it’s still early to file your taxes, the sooner you do, the better. (Dallas Tax Consultants: Save With These Tax Tips) The IRS issued more than 111.8 million refunds for the 2018 tax year. Taxpayers received an average payment of $2,869. This year could bring an even bigger... Read more

DFW Business Advisors: Tax Deductions For Successful Businesses
Williams Kunkel
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March 13, 2020
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BUSINESS OWNERS looking to lower their tax burden can take advantage of several money-saving deductions. These include popular deductions for vehicle expenses and home offices. It also includes relatively new qualified business income deduction that will allow some small business owners to write off 20% of their income. (DFW Business Advisors: Tax... Read more

DFW Business Tips: Saving Money on Insurance
Williams Kunkel
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May 14, 2020
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The coronavirus has forced millions of people to shelter in place, closing thousands of businesses and leading many to institute work-from-home policies. For an even greater number of small companies — retailers, restaurants and others — this has meant layoffs and job loss. (DFW Business Tips: Saving Money on Insurance)... Read more

Flower Mound Tax Consultant: Don’t Miss This Savings Account
Williams Kunkel
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November 3, 2019
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As you choose your benefits for 2020, don’t look past a key saving account that could beat your 401(k) plan — at least in tax terms. (Flower Mound Tax Consultant: Don’t Miss This Savings Account) This year, nearly 3 in 10 employers who offer workplace benefits provided a high-deductible health... Read more

Dallas Tax Savings: Best States For Retiring
Williams Kunkel
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November 14, 2019
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Even in retirement you’ll likely owe your fair share of taxes. If your retirement savings are kept in a 401(k) or traditional IRA, you’ll generally have to pay income taxes on your withdrawals each year. You’ll also typically be responsible for federal taxes on your Social Security benefits. Depending on what... Read more

Flower Mound Tax Consulting: Year-End Business Tips
Williams Kunkel
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November 21, 2019
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With year-end rapidly approaching, this is the time to take steps to cut your 2019 business tax bill. (Flower Mound Tax Consulting: Year-End Business Tips) Establish tax-favored retirement plan If your business doesn’t already have a retirement plan, now might be the time to take the dive. Our current tax... Read more

Flower Mound Tax Pros: How Charitable Planning Can Save You Money
Williams Kunkel
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July 25, 2019
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Since the 2017 Tax Cuts and Jobs Act, donors should contemplate whether charitable planning will provide an immediate or future benefit. (Flower Mound Tax Pros: How Charitable Planning Can Save You Money) With that said, here are five charitable planning options that can save you money on taxes in 2019... Read more

Flower Mound Tax Advice: Retirement Tax Savings
Williams Kunkel
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August 8, 2019
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For people nearing retirement or in retirement, every dollar counts and planning ahead is crucial. That’s especially true for taxes. (Flower Mound Tax Advice: Retirement Savings) Now that 2018 tax returns are done and gone, this is an opportune time to look for 2019 tax savings strategies for retirement. Here... Read more