Tax Planning CPA: Tax Tips to Consider During the Summer

WilliamsUncategorizedLeave a Comment

Summer is often synonymous with vacations, relaxation, and enjoying the great outdoors. However, it’s also an excellent time to get a head start on your tax planning. By taking some proactive steps now, you can reduce your stress come tax season and potentially save money. Here are some key tax tips to consider during the summer. (Tax Planning CPA: Tax … Read More

Saving on Taxes After Tax Day: A Guide For Business Owners

WilliamsUncategorizedLeave a Comment

Saving on Taxes After Tax Day: A Guide For Business Owners

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 Taxes After Tax Day: A Guide For Business Owners) Whether … Read More

Maximize Your Savings: Last-Minute Tax Tips for Business Owners

WilliamsUncategorizedLeave a Comment

Maximize Your Savings: Last-Minute Tax Tips for Business Owners

As the tax season draws near, we are scrambling to optimize financial strategies to minimize tax liabilities and maximize savings. In this blog post, we’ll explore some last-minute tax-saving tips tailored specifically for business owners. This will help you keep more of your hard-earned money in your pocket. (Maximize Your Savings: Last-Minute Tax Tips for Business Owners) 10 Things to … Read More

Top 10 Strategies for Smart Tax Planning: Save Money When Filing 2023 Taxes

WilliamsUncategorizedLeave a Comment

Top 10 Strategies for Smart Tax Planning

Are you ready to optimize your tax planning for 2023 and maximize your savings? In this comprehensive guide, we’ll unveil 10 savvy strategies endorsed by CPAs and accountants to help you save money when filing your taxes. From smart deductions to proactive planning, empower yourself with the knowledge to navigate tax season efficiently and effectively. (Top 10 Strategies for Smart … Read More

Tax Planning for Realtors: Texas Real Estate Lawsuit

WilliamsUncategorizedLeave a Comment

DFW Realtor Tax Advisors: Deductions For Realtors

Tax Planning for Realtors: Texas Real Estate Lawsuit: Texas real estate associations and a group of home brokers face new claims that they artificially inflated sales commissions in the state. Moreover, this opens another front in litigation over real estate commissions after a $1.8 billion verdict against the residential brokerage industry last month. Two home sellers in Texas, QJ Team … Read More

DFW Realtor Tax Advisors: Deductions For Realtors

WilliamsReal Estate Tax HelpLeave a Comment

DFW Realtor Tax Advisors: Deductions For Realtors

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 deductions you need to know Take advantage of every tax … Read More

Flower Mound Tax Planning: Save For Retirement Now

WilliamsReal Estate Tax HelpLeave a Comment

Flower Mound Tax Planning: Save For Retirement Now

If you’re self-employed or own your own business with or without employees, you might want to look into opening a Simplified Employee Pension Individual Retirement Account (SEP IRA) or a Savings Incentive Match Plan (SIMPLE). These tax-advantaged retirement plans can save you big! For starters, both allow you to contribute pre-tax dollars, reducing your taxable income: SEPs’ benefits include minimal setup and … Read More

DFW Tax Savings: Small Business Tax Tips to Make Filing Less Stressful

WilliamsBusiness Advisor Services, Real Estate Tax Help, Tax Planning and PreparationLeave a Comment

DFW Tax Savings: Small Business Tax Tips to Make Filing Less Stressful

The economic climate is still reeling from the COVID-19 pandemic. Some 12% of small business owners say financial stability is the most important challenge for them, beaten only by loss profits and attracting new customers. No surprise then that taxes—a bill that arrives at the end of each financial year—is the second-most important problem for small businesses in the US. Managing your taxes for … Read More

Dallas Tax Strategy: Prepare For Retirement in 2021

WilliamsRetirement PlanningLeave a Comment

Flower Mound Tax Planning: Save For Retirement Now

If you want to save more money in this year, you’re definitely not alone. A Fidelity Investments study found that 44% of Americans want to boost their savings. (Dallas Tax Strategy: Prepare For Retirement in 2021) Increasing your retirement savings could be your ultimate money goal this year, as one survey found that 27% of respondents stopped saving for retirement last year in 2020. … Read More

Dallas Tax CPA: Saving On 2020 Taxes

WilliamsTax Planning and PreparationLeave a Comment

Dallas Tax CPA: Saving On 2020 Taxes

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 changes could affect your 2020 taxes — for better or … Read More