Advisors of Complex Financial Matters
Whether it is a tax matter, or you are ready to transition your business, we are experienced in representing buyers, sellers, and merger partners in all aspects of the process, and work closely with other professionals on your team to minimize taxes and create a seamless transition.
The Burns Firm is a full-service Public Accounting and Consulting firm providing reliable and exceptional tax services to our clients for over 30 years. Our team of professionals are experienced in all areas of tax, accounting, and financial services, as well as business valuations, tax planning, budgeting, and forecasting, obtaining financing, mergers, acquisitions, and sales of businesses. Our years of experience in all areas of tax, accounting and financial matters has proven invaluable to our clients in growing and expanding their business. At The Burns Firm, we believe a CPA firm should be a trusted partner working to minimize all taxes and provide expert guidance in financial decisions to our clients.
Latest Blog & News
From Flights to Meals: A Guide to Business Travel Tax Deductions
As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding which travel expenses are tax deductible can significantly affect your bottom line. Properly managing [...]
Tax Issues When Buying a Business With an Earnout
If you're buying or selling a business, the transaction may involve an earnout provision. This is a contractual arrangement in which the seller receives additional payment in the future if certain financial goals are met. [...]
R&E Capitalization Has Unintended Effect on Small Businesses
The Tax Cuts and Jobs Act (TCJA) brought a significant, albeit delayed, change to the tax treatment of research and experimentation (R&E) costs under Internal Revenue Code Section 174. After the law was enacted, many [...]