Traditional IRA – The Burns Firm – Advisors of Complex Financial Matters

Should You Make After-Tax, Non-Roth 401(k) Contributions?

June 11th, 2026|Categories: 401K, Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Retirement, Retirement Plan, Roth 401K, Roth IRA, Tax, tax accountant, Tax Advisor, Texas CPA, Traditional IRA|Tags: 401K, 401K contributions, CPA, cpa near me, IRA, Roth vs Traditional, tax, tax advisor, The Burns Firm|

If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax-deferred account. [...]

There’s Still Time to Set Up a SEP and Reduce Your 2025 Taxes

January 27th, 2026|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Dallas tx accountant, IRA, SEP, SEP-IRA, SIMPLE IRA Plan, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Breaks, Tax Credits, Texas CPA, The Burns Firm, Traditional IRA|Tags: CPA, cpa near me, Dallas CPA, IRA, SEP, SEP and Your Business, SEP vs IRA, Should I setup a SEP, tax, tax accountant, tax advisor, Texas CPA, The Burns Firm|

If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one before you file your 2025 tax return. If you choose [...]

Important 2026 Tax Figures for Businesses

January 6th, 2026|Categories: 401K, Accountant, accountant near me, Bonus Depreciation, Burns Firm, Business, Business Deductions, CPA, CPA Dallas, CPA near me, Dallas CPA, Depreciation, Retirement Plan, Roth 401K, Sec. 179, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Breaks, Tax Law Changes, Tax Rules, Texas CPA, The Burns Firm, Traditional IRA|Tags: 401K, accountant near me, Bonus depreciation, CPA, CPA Dallas, cpa near me, Dallas CPA, FSA, HSA, Important Tax Figures for Businesses in 2026, Qualified Retirement Plans, Section 179, tax, tax accountant near me, tax advisor, Texas CPA, The Burns Firm|

A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional rules or limits may apply. [...]

How to Trim Your 2024 Taxes by Contributing to a Retirement Plan in 2025

March 4th, 2025|Categories: Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, IRA, Retirement, Retirement Plan, Roth 401K, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm, Traditional IRA|Tags: Contribute to a Retirement Plan, CPA, cpa near me, Dallas CPA, IRA contributions, North Dallas CPA, Profit-Sharing Plans, ROTH IRA, SEP-IRA, tax, tax advisor, Tax Reduction, The Burns Firm, traditional IRA|

Many types of retirement plans allow contributions to be made after year end. And last-minute retirement contributions can be a powerful strategy: You can lower your 2024 taxes while [...]

Maximize Your 401(k) in 2025: Smart Strategies for a Secure Retirement

January 23rd, 2025|Categories: 401K, Accountant, CPA, CPA Dallas, CPA near me, Retirement, Retirement Plan, Roth 401K, Tax, Tax Advisor, Texas CPA, The Burns Firm, Traditional IRA|Tags: 401K, cpa near me, Maximize Your 401K, Roth 401K, tax, tax advisor, The Burns Firm, traditional 401(k)|

Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a 401(k) or [...]