Cash vs Accual – The Burns Firm – Advisors of Complex Financial Matters

Selecting a Tax Accounting Method for Your Small Business

July 21st, 2026|Categories: Accountant, accountant near me, Accounting, Accounting Methods, Accrual Accounting Method, Burns Firm, Business, Business Recordkeeping, Cash Accounting Method, Cash vs Accual, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Small Business, Small Business Tax Planning, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning for Businesses, Texas CPA, The Burns Firm|Tags: accountant near me, Accounting Method for Small Business, accounting methods, CPA, cpa near me, Dallas CPA, North Texas CPA, small business, tax, tax accountant, tax accountant near me, tax advisor, Texas CPA, The Burns Firm|

Small business owners must answer an important question: Should we use the cash or accrual accounting method for federal income tax purposes? Larger entities are required to use the [...]

What’s a “small business,” and why does it matter?

June 4th, 2026|Categories: Accountant, accountant near me, Accounting, Accounting Methods, Burns Firm, Business, Cash Accounting Method, Cash vs Accual, CPA, CPA Dallas, CPA near me, Dallas CPA, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: accounting method, Business Tax Accountant, Cash vs Accrual, CPA, cpa near me, Dallas CPA, Is My Business Considered a Small Business, small business, tax, tax accountant, tax accountant near me, tax advisor, Texas CPA, What Makes a Business a "Small Business"|

Although your business may seem big to you, you may wonder how the government classifies it for tax purposes. If your organization qualifies as a “small business,” you may [...]

Cash vs. Accrual: Choose the Right Accounting Method for Business Tax Purposes

January 8th, 2026|Categories: accountant near me, Accounting, Accounting Methods, Accrual Accounting Method, Bookkeeping for Business, Burns Firm, Cash Accounting Methiods, Cash Accounting Method, Cash vs Accual, CPA, CPA Dallas, CPA near me, CPA Texas, CPADallas, Dallas CPA, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: accountant near me, Accounting, Best Accounting Method for My Business, Cash vs Accrual, Cash vs Accrual Methods, CPA, cpa near me, Dallas CPA, Method of Accounting for a Business, tax, tax advisor, Texas CPA, The Burns Firm|

Many businesses have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that qualify, [...]