CPA Dallas

Working Teens Can Maximize the Power of Tax Deferred — or Tax-Free — Compounding With an IRA

October 8th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, IRA, Roth IRA, Tax, tax accountant near me, Tax Advisor, Tax-Deferred Retirement Accounts, Texas CPA, The Burns Firm, Traditional IRA|Tags: , , , , , , , , , , , , , |

Retirement is far from most teenagers’ minds when they get their first jobs. Most young people are more interested in spending their earnings or saving for a shorter-term goal. But [...]

Consider an Installment Sale to Optimize Taxes When Selling Your Business

October 1st, 2026|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, Business Tax Planning, Business Valuation, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Installment Sale, M&A, Merger & Acquisition, Sale of Business, Sell Business, Selling a Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning for Businesses, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , , |

Over the years, you’ve invested blood, sweat and tears into building a successful small business. Now it’s time to sell and move on to the next chapter of your life. [...]

Evaluate the Effects of Selling a Subsidiary or Division

September 29th, 2026|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, Business Asset Sale, CPA, CPA Dallas, CPA near me, Dallas CPA, Sale of Business, Sell Business, Selling a Business, Selling a Division of a Business, Selling a Subsidiary, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning, Tax Planning for Businesses, Tax Strategy, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , |

During the best and worst of times, your company may be tempted to sell a division or subsidiary. This can make sense for a number of reasons, including: The [...]

What Employers Should Kow About Business-Related Frequent Flyer Miles

September 22nd, 2026|Categories: Accountant, accountant near me, Burns Firm, Business Travel Deductions, Business-Related Frequent Flyer Miles, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tx accountant, Frequent Flyer Miles, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , |

Fall has arrived — and, with it, one of the more active seasons for business travel. Perhaps your organization has employees heading to conventions, conferences, client meetings or other [...]

Restricted Stock Deserves Attention Before Year End

September 17th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Restricted Stock, Stock, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning, Texas CPA, The Burns Firm|Tags: , , , , , , , |

Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential tax consequences well before [...]

Remote Work Can Complicate Your State Taxes

September 15th, 2026|Categories: Accountant, accountant near me, Burns Firm, Convenience of the Employer Rule, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Remote Work, Texas CPA, The Burns Firm, Work From Home|Tags: , , , , , , , , , , , |

Working remotely may broaden your job options and make daily life easier. But working from a different state than your employer — or spending part of the year working [...]

How to Avoid and Correct Common Payroll Tax Mistakes

September 10th, 2026|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Form 940, Form 941, Payroll Tax, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , , |

Payroll administration can be challenging for small business owners — and mistakes can create problems for both employers and employees. Incorrect paychecks can frustrate employees and require time and [...]

How the Tax-Free Transfer Rule Works

September 8th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Divorce, Divorce CPA, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Filing Status, Tax Law, Tax Planning, Tax Preparation, tax preparer near me, Tax-Free Transfer Rule, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , |

The tax-free transfer rule applies to most marital assets, including cash, vehicles, real estate, investment accounts and private business interests. Although there's generally no recognized gain or loss when [...]

Educators May Be Able to Claim 2 Deductions For 2026 Classroom Expenses

September 3rd, 2026|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Deductions, Education, Education Expenses, Educator Expense Tax Deduction, Educator Expenses, OBBBA, One Big Beautiful Bill Act, Record-Keeping, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Cuts and Jobs Act, Tax Deductions, Tax Preparation, tax preparer near me, Tax Records, Tax Return Filing, Tax Return Preparer, Tax Rules, TCJA, Teacher Expenses, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , , , , , , |

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways to deduct qualifying unreimbursed [...]

Divorce Cases: Active versus Passive Appreciation

September 1st, 2026|Categories: Accountant, accountant near me, Active vs Passive Appreciation, Burns Firm, Business, Business Tax Planning, Business Valuation, CPA, CPA Dallas, CPA near me, Dallas CPA, Divorce, Divorce CPA, passive activity rule, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Breaks, Tax Credits, Tax Deductions, Tax Depreciation, Tax Planning, Tax Planning for Businesses, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , |

It's common in divorce cases for an interest in a closely held business or professional practice to be the marital estate's most valuable asset. In many states, when the [...]

Tax Planning Can Ease the Sticker Shock of Raising a Child

August 27th, 2026|Categories: Accountant, accountant near me, Burns Firm, Child Care Credit, Child Tax Credit, CPA, CPA Dallas, CPA near me, Dallas CPA, Dependents, OBBBA, One Big Beautiful Bill 2025, One Big Beautiful Bill Act, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Law, Tax Planning, tax preparer near me, Tax Return, Tax Return Preparer, Tax Rules, Texas CPA, The Burns Firm, Year-End Tax Planning|Tags: , , , , , , , , , , , , , |

If you're a parent who's been doing some back-to-school shopping lately, you know that raising a child is expensive. Whether real or virtual, that overflowing cart is just one [...]

Look Before You Leap When Making Major Acquisitions

August 25th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: , , , , , , , , |

Most businesses don't buy anything big without performing "due diligence" — the thorough homework process of checking things out. It's also a good idea for consumers thinking about making [...]

Getting Divorced? Consider Taxes When Splitting Up Retirement Accounts

August 20th, 2026|Categories: 401K, Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Divorce, Divorce CPA, IRA, IRA Transfer, Retirement, Retirement Plan, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Return, Tax Return Preparer, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , |

Divorce is a major life event that can have significant personal and financial consequences. In addition to addressing family and emotional concerns, you'll need to determine whether your assets [...]

Sometimes How Much is in Tax-Deferred Retirement Accounts May Be Too Much

August 18th, 2026|Categories: 401K, Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Retirement, Retirement Plan, Roth 401K, Roth IRA, SIMPLE IRA Plan, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax-Deferred Retirement Accounts, Texas CPA, The Burns Firm, Traditional IRA|Tags: , , , , , , , , , , , , |

Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions generally are pretax or deductible, and the power of [...]

Go to Top