CPA Dallas

Moving to a New State? Review the Tax Implications First

May 19th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA Texas, Dallas CPA, Moving Expenses, State Income Tax, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , |

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely from state to state. And establishing residency for [...]

Cost Segregation Studies Can Reveal Substantial Tax Savings

May 14th, 2026|Categories: Accountant, accountant near me, Beautiful Bill, Bonus Depreciation, Burns Firm, Business, Cost Segregation, CPA, CPA Dallas, CPA near me, Dallas CPA, Depreciating Business Assets, OBBBA, One Big Beautiful Bill Act, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Depreciation, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , , , , |

Businesses that own commercial real property may be sitting on an overlooked treasure chest of tax savings — and a cost segregation study can be the key to unlocking [...]

10 Ideas for Boosting Profits

May 5th, 2026|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, Business Assets, Business Deductions, Business Expense Deductions, Business Losses, Business Valuation, Business Write-offs, C Corporation, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Growing A Business, Partnership, Record Keeping for Business, S Corporation, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , |

They say little things mean a lot. And relatively small expenses can add up to a huge amount of money your company could be wasting over long periods. By [...]

April 15 is the Deadline for More Than Just Your Income Tax Return

March 10th, 2026|Categories: accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Federal Tax Filing Deadline, IRA, SEP, SEP-IRA, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Filing Extension, Tax Filing Status, Tax Preparation, tax preparer near me, Tax Return Filing, Tax Return Preparer, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , |

You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If you don’t, you could miss out on [...]

Update on the First-Year Depreciation Tax Rules for Businesses

March 3rd, 2026|Categories: Accountant, accountant near me, Bonus Depreciation, Burns Firm, Business, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Depreciation, First-Year Bonus Depreciation, OBBBA, One Big Beautiful Bill 2025, One Big Beautiful Bill Act, Sec. 179, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Depreciation, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , |

The One Big Beautiful Bill Act (OBBBA) included favorable changes to the federal income tax rules for depreciating business assets. And there are annual inflation adjustments to keep track [...]

Quadrupled SALT deduction limit means more taxpayers will benefit from itemizing on their 2025 returns

February 19th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Deductions, OBBBA, One Big Beautiful Bill 2025, One Big Beautiful Bill Act, SALT Deduction Cap, SALT Deductions, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Filing Status, Tax Preparation, tax preparer near me, Tax Return Filing, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , |

An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under the One Big Beautiful Bill [...]

If You’re Married, Should You File Jointly or Separately?

February 17th, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Filing Status, Marriage and Tax Status, Tax, tax accountant, Tax Advisor, Tax Filing Status, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , |

Married couples have a choice when filing their 2025 federal income tax returns. They can file jointly or separately. What you choose will affect your standard deduction, eligibility for [...]

When Medical Expenses Are — And Aren’t — Tax Deductible

February 3rd, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Deductions, Medical Deductions, Medical Expenses, Medicare Premiums, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, tax preparer near me, Tax Return Preparer, tax write-offs, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , |

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make [...]

Expanding a Corporate Business With a Tax-Free Merger

January 15th, 2026|Categories: Accountant, accountant near me, Accounting, Acquisition of Company, Burns Firm, Business, Business Merger, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Merger, Merger & Acquisition, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax-Free Merger, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , |

If a corporate business is seeking to quickly expand, it may be considering one of these options: Gaining control over another corporation's business (the target) indirectly via a merger [...]

More Individuals With Disabilities Will Be Eligible for Tax-Advantaged ABLE Accounts in 2026

January 13th, 2026|Categories: ABLE, Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Disability Act, OBBBA, One Big Beautiful Bill Act, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Law, Tax Law Changes, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , |

Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a Section 529 [...]

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: , , , , , , , , , , , , , , , , |

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. [...]

Changes to Charitable Donation Deductions Are On the Horizon

December 18th, 2025|Categories: Accountant, Burns Firm, Charitable Contributions, Charitable Donations, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Donations, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: , , , , , , , , , |

Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some cases, they’ll face two new limits. But [...]

QCDs Can Be a Tax-Savvy Move for Seniors

December 15th, 2025|Categories: Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Qualified Charitable Distribution, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , |

For some time now, individuals age 70½ and older have been able to transfer funds directly from a traditional IRA to an IRS-approved charity. However, with the enactment of [...]

Checking Off RMDs on the Year-End To-Do List

December 11th, 2025|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, RMD, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: , , , , , , , , |

You likely have a lot of things to do between now and the end of the year, such as holiday shopping, donating to your favorite charities and planning get-togethers [...]

Navigate the Tax Rules for Boats and RVs

November 25th, 2025|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA near me, CPA Texas, Dallas CPA, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Breaks, Tax Depreciation, Tax Law, Texas CPA, The Burns Firm, Vehicle Deductions|Tags: , , , , , , , , , |

Will you be cruising the waters on your boat or camping out in your RV this year? Besides the pleasure you can enjoy through your personal property, you may also [...]

Go to Top