Dallas CPA – Page 34 – The Burns Firm – Advisors of Complex Financial Matters

Why It’s Important to Meet Tax Return Filing and Payment Deadlines

April 29th, 2021|Categories: Accounting, Burns Firm, CPA Dallas, Dallas CPA, Tax, Tax Preparation, Tax Return|Tags: 2020 tax return, CPA Dallas, Dallas CPA, do i need to pay my tax bill when i file my return, irs penalties, is there a failure to file penalty, is there a penalty for late payment to the irs, reasonable cause and the irs, tax, tax liability and my tax return, tax return preparation, The Burns Firm, what is the deadline for paying the irs, will i owe money to the irs, will the irs forgive penalties|

The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return on time to avoid penalties imposed [...]

Know Your OSHA Obligations if COVID-19 Strikes Your Business

April 27th, 2021|Categories: Accounting, Covid-19, COVID-Related Tax Relief Act (COVIDTRA), CPA Dallas, Dallas CPA, Services, Small Business, Tax|Tags: business losses due to Covid-19, Coronavirus, Covid-19, Covid-19 and OSHA obligations, covid-19 and the workplace, CPA Dallas, cpa near me, Dallas area tax preparer, Dallas CPA, reporting requirements for OSHA during pandemic, tax preparer near me, The Burns Firm|

Not all employers are bound by the recordkeeping and reporting requirements established by the Occupational Safety and Health Administration (OSHA). Generally, an employer must have more than 10 employees to be [...]

Unemployed Last Year? Buying Health Insurance This Year? You May Benefit From Favorable New Changes

April 20th, 2021|Categories: Accounting, Burns Firm, Covid-19, COVID-Related Tax Relief Act (COVIDTRA), CPA Dallas, Dallas CPA, IRS, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation, Tax Return|Tags: changes to tax law, CPA Dallas, Dallas accounting firm, Dallas CPA, Dallas tax return preparation near me, North Texas accountant, tax changes for individual tax returns, tax preparer near me, tax return preparation, tax saving credits, tax savings, The Burns Firm, what credits am I eligible for on my tax return, what credits can I take on my tax return|

In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage [...]

Reminder: Estimated Tax Payments Are Due By April 15

April 8th, 2021|Categories: Accounting, Burns Firm, C Corporation, CPA Dallas, Dallas CPA, Estimated Tax, Estimated Tax Payments, IRS, Partnership, S Corporation, Services, Tax|Tags: 2021, CPA Dallas, Dallas CPA, do I need to make an estimated tax payment, estimated tax, estimated tax payments due by April 15, IRS estimated tax, North Dallas CPA, north dallas tax return preparation, tax due for 2021, tax preparation, tax preparer near me, when is estimated tax payment due|

Information provided by IRS.gov The Internal Revenue Service has issued a reminder to self-employed individuals, retirees, investors, businesses, corporations, and others who pay their taxes quarterly that the payment for [...]

Who Qualifies for “Head of Household” Tax Filing Status?

April 6th, 2021|Categories: Accounting, CPA Dallas, Dallas CPA, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation, Tax Return|Tags: CPA Dallas, Dallas CPA, Dallas tax return preparer, head of household filing, North Dallas tax preparer, North Dallas tax return preparer, North Texas accounting firm, North Texas CPA, tax, tax filing status, tax preparer near me, The Burns Firm, what is my filing status, which filing status is best for me|

When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing separately, head of household or qualifying widow(er). Who qualifies [...]

New Law Tax Break May Make Child Care Less Expensive

March 30th, 2021|Categories: Accounting, Child Tax Credit, Dallas CPA, Tax, Tax Credits, Tax Return|Tags: American Rescue Plan Act, ARPA, child care tax credits, child tax credits, CPA in North Texas, cpa near me, Dallas CPA, North Dallas tax preparer, tax credits for child care, tax credits for children on tax return, tax preparation, tax preparation near me|

The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the credit available for expenses a taxpayer pays [...]