Having a Home-Based Business

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Dallas Tax Advice: Who's the Right Accountant For Me?

More than 52 percent of businesses today are home-based. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based businesspeople. And, with technological advances in smartphones, tablets, and iPads as well as rising demand for “service-oriented” businesses, the opportunities seem to be endless. Is a Home-Based Business Right for You? Choosing a home business is … Read More

Staying Out of the Red

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Flower Mound Tax Pros: Ways To Save Your Small Business Money

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

The Tax-Savvy Financial Planner

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DFW CPAs Share Tips For New Businesses

If you’re looking for big picture advice that combines tax expertise with the know-how of a financial planner, a CPA might be the best bet outside of tax-preparing season? If you only meet annually during the spring, they may seem too busy to tackle bigger-picture issues. The fall can be a good time to schedule a meeting, so you still have … Read More

Vote For Us As Best CPA Firm

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DFW CPA Tax Accountant - Business Tax Services | Williams & Kunkel CPA

The Best of Denton County voting period has begun. If you haven’t already, show your support for Williams & Kunkel CPAs and vote for us today!  Best of Denton County is a great way to promote and support local businesses. By voting for a business, you will show your community how important small businesses are. We would be deeply honored … Read More

Where to Get Small Business Advice

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Flower Mound Tax Advice: What to Know Before You Start a Business

When you own a small business, everyone wants to give you advice. It can come from all kinds of sources: friends, family members, neighbors, social media connections, people you meet walking your dog. A lot of times such advice is not very helpful.    If you’re looking for worthwhile advice, there are many people who have worthwhile insights and experience that … Read More

A CPA’s Keys to Increased Sales

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Flower Mound, TX CPA: Managing Your Small Business Cash Flow

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

A CPA’s Advice Helps Law Firm

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law firm tax advice Flower Mound, Dallas, Fort Worth

David, the sole practitioner of a law firm, found that his revenue had stagnated and he was constantly facing cash flow problems. David was jolted into action by an honest conversation with his CPA, who asked him how many hours he worked in his firm each year. The lawyer estimated approximately 2,000. The accountant then asked the lawyer to divide … Read More

Benefits of Cloud Accounting

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cloud accounting

Mary runs a small digital marketing agency with a small team, serving business clients seeking to optimize their potential customers’ experience in interacting with their websites and social media platforms. As the business started to grow, Mary had neglected the financial aspect of her business and found that although sales were increasing, profitability was not.         At … Read More

Construction Business Grows With CPA Advice

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taxa advice for construction business

Stephen runs a construction business specializing in large basements and car parks. The business has been established for 25 years and has grown steadily, with revenue now into eight figures. Unfortunately, the profit margins are very slim and last year, Stephen’s business barely broke even and he was unable to draw his usual dividend at the year end. His CPA … Read More