CPA near me – Page 17 – The Burns Firm – Advisors of Complex Financial Matters

Is it a good time for a Roth conversion?

June 23rd, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, IRA, Retirement, Retirement Plan, Tax, tax accountant, tax accountant near me, Tax Advisor|Tags: CPA Dallas, cpa near me, Dallas CPA, Dallas tax advisor, retirement plans, ROTH conversion, tax advisor near me, The Burns Firm, traditional IRS vs Roth IRA|

The downturn in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA, this decline may provide a valuable [...]

The Ins and Outs of Series EE Savings Bond Taxation

June 9th, 2022|Categories: Accountant, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Services, Tax, tax accountant, tax accountant near me, The Burns Firm|Tags: CPA Dallas, cpa near me, Dallas CPA, Dallas CPA near me, info on savings bond, information on series EE savings bond and tax, ins and outs of series EE savings bond taxation, saving bonds tax, savings bonds, Series EE savings bond and tax, tax preparer near me, taxation on savings bond, The Burns Firm|

Many people own Series E and Series EE bonds that were bought many years ago. They may rarely look at them or think about them except on occasional trips to [...]

How Tax Reform Affects Divorce Settlements for Small Business Owners

June 7th, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Services, Small Business, Tax, tax accountant, tax accountant near me, Tax Deductions, The Burns Firm, Year-End Tax Planning|Tags: business owner and divorce tax issues, CPA Dallas, CPA tax advisor near me, Dallas CPA, how tax reform affects divorce settlement for small business owners, tax, tax accountant near me, tax advisor near me, tax issues if you own a business and get divorced, tax reform and divorce, The Burns Firm|

How does the Tax Cuts and Jobs Act (TCJA) affect divorce settlements? Changes in the new law may require divorcing individuals — especially those who own businesses and other investments — [...]

If You Are Caring for an Elderly Relative, You May Be Eligible for Tax Breaks

June 2nd, 2022|Categories: Accountant, Accounting, Burns Firm, Child Tax Credit, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Dependent Care credits, Tax, tax accountant, tax accountant near me, Tax Credits, Tax Deductions, tax preparer near me, tax write-offs, The Burns Firm|Tags: CPA Dallas, cpa near me, Dallas CPA, dependent care tax break, do I get a tax break for taking care of elderly parent, elder care, medical expense write off, taking care of elderly, tax accountant near me, tax benefits for elderly care, tax break for elder care, tax break for medical expenses, The Burns Firm|

Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible for tax breaks. Here’s a rundown of some of them. [...]

IRA Charitable Donations: An Alternative to Taxable Required Distributions

May 31st, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Donations, IRA, Services, Tax, tax accountant, tax accountant near me, Tax Deductions, Tax Planning, The Burns Firm|Tags: Charitable donation, CPA Dallas, cpa near me, Dallas CPA, IRA, IRA contributions to charity, IRA distributions, IRA distributions to charily, IRSAtransfer IRA assets to charity transfer IRA assets to charity, qualified charitable donations from your IRA, tax, tax accountant near me, The Burns Firm, transfer IRA assets to charity|

Are you a charitably minded individual who is also taking distributions from a traditional IRA? You may want to consider the tax advantages of making a cash donation to an [...]

Tax Season Filing Tips

May 24th, 2022|Categories: Accountant, Accounting, are social security benefits taxable, Burns Firm, Business, Corporation, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Delinquent Tax, Estimated Tax, Estimated Tax Payments, Exemptions, Expenses, Gift Tax, household employees and tax, Inheritance, Partnership, S Corporation, Services, Small Business, Tax, tax accountant, tax accountant near me, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, tax scams to be aware of, tax write-offs, The Burns Firm|

Did you know that tax return errors can delay refunds and increase audit risk? Before your tax return preparation appointment, make sure you've gathered all 2021 tax documents received, such [...]

Valuable gifts to charity may require an appraisal

May 20th, 2022|Categories: Burns Firm, Charitable Donations, CPA, CPA Dallas, CPA near me, Dallas tax return preparer, Dallas tx accountant, Donations, Services, Tax, tax accountant, tax accountant near me, Tax Deductions, Tax Preparation, tax preparer near me, Tax Return, The Burns Firm|Tags: charitable contribution, CPA Dallas, cpa near me, Dallas CPA, Dallas CPA near me, do I need to have a charitable donation appraised, gifts to charity, gifts to charity and appraisal, North Dallas CPA, tax preparer near me, The Burns Firm|

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to prove their right [...]

The Tax Mechanics Involved in the Sale of Trade or Business Property

May 10th, 2022|Categories: Accountant, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Tax, tax accountant, tax accountant near me, Tax Cuts, The Burns Firm|Tags: CPA Dallas, cpa near me, CPA North Texas, Dallas CPA, Section 1245 property, Section1250 property, tax, tax accountant near me, tax involved in sale of trade or business property, The Burns Firm|

What are the tax consequences of selling property used in your trade or business? There are many rules that can potentially apply to the sale of business property. Thus, to [...]

May 5th, 2022|Categories: Accountant, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Tax, Tax Planning, The Burns Firm|Tags: benefit to having an HSA, CPA Dallas, cpa near me, Dallas CPA, HDHP minimum required deductibles, HSA, HSA benefits, HSA contribution limits, The Burns Firm, what are the qualifications for an HSA|

With Health Savings Accounts (HSAs), individuals and businesses buy less expensive health insurance policies with high deductibles. Contributions to the accounts are made on a pre-tax basis. The money can accumulate [...]

2022 Q2 tax calendar: Key deadlines for businesses and other employers

April 19th, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Quarterly Filings, Services, Tax, tax accountant, tax accountant near me|Tags: CPA Dallas, CPA Dallas The Burns Firm, Dallas CPA, filing deadlines, Q2 deadlines, Q2 filing deadlines, tax filing, tax preparation, tax preparer near me, The Burns Firm|

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2022. Keep in mind that this list isn’t all-inclusive, so [...]