One Big Beautiful Bill – The Burns Firm – Advisors of Complex Financial Matters

Could the New Markets Tax Credit Benefit Your Business?

August 6th, 2026|Categories: Accountant, accountant near me, Burns Firm, Business, Business Tax Planning, Business Write-offs, Corporation, CPA, CPA Dallas, CPA near me, CPADallas, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, New Markets Tax Credits, NMTC, OBBBA, One Big Beautiful Bill Act, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Law, Tax Law Changes, tax preparer near me, Tax Return, Tax Return Filing, Tax Return Preparer, Tax Rules, tax write-offs, Texas CPA, The Burns Firm|Tags: accountant near me, CPA, cpa near me, Dallas CPA, IRS, IRS Tax Credits, New Markets Tax Credit, NMTC, OBBBA, One Big Beautiful Bill, One Big Beautiful Bill Act, tax, tax accountant, tax accountant near me, tax advisor, tax credits, tax preparer, The Burns Firm|

Businesses in economically distressed communities often have difficulty obtaining capital for expansion, equipment, facilities and other investments. The New Markets Tax Credit (NMTC) encourages private investment in these underserved [...]

The QBI Deduction and What’s New in the One Big Beautiful Bill Act

October 14th, 2025|Categories: Accountant, accountant near me, Burns Firm, Business, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, OBBBA, One Big Beautiful Bill 2025, One Big Beautiful Bill Act, QBI, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: CPA, CPA Dallas, cpa near me, CPA TExas, OBBBA, One Big Beautiful Bill, QBI deduction, qualified business income, tax, tax advisor, The Burns Firm|

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to deduct up to 20% [...]

Tax Breaks in 2025 and How The One, Big, Beautiful Bill Could Change Them

June 10th, 2025|Categories: Accountant, Burns Firm, Child Tax Credit, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Electric Vehicle, Electric Vehicle Credits, Estate Tax, Gift Tax, One Big Beautiful Bill 2025, Tax, Tax Advisor, Tax Breaks, The Burns Firm|Tags: 2025 Tax Breaks, Auto Loan Interest, child tax credit, CPA, cpa near me, CTC, Dallas CPA, electric vehicles, Estate and Gift Tax Exemption, North Texas CPA, One Big Beautiful Bill, standard deduction, tax, tax advisor, tax breaks, Texas CPA, The Burns Firm|

The U.S. House of Representatives passed The One, Big, Beautiful Bill Act on May 22, 2025, introducing possible significant changes to individual tax provisions. While the bill is now being [...]