accounting method

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 [...]

Choosing the Right Accounting Method for Tax Purposes

August 21st, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, S Corporation, Tax, Tax Return|Tags: Accounting, accounting method, accrual method of accounting, business accounting method, cash method of accounting, CPA, tax, The Burns Firm|

The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which is simpler than the accrual method — [...]