Tax Rates – The Burns Firm – Advisors of Complex Financial Matters

Answers to Your Tax Season Questions

January 18th, 2024|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Expenses, Medical Deductions, Medical Expenses, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Depreciation, Tax Filing Status, Tax Preparation, Tax Rates, Tax Return, Tax Return Filing, Tax Return Preparer, tax season tips, Tax Withholding, tax write-offs, Taxable Income, The Burns Firm, Wages, Withholding|Tags: 2023 Tax Preparation, 2023 Tax Return preparation, 2023 Tax Season, CPA, CPA Dallas, cpa near me, Questions about taxes, tax, tax advisor, tax preparation, Tax Questions, tax return preparer near me, The Burns Firm, W2s and 1099, What do I need to do for 2023 tax season, what documents are needed to prepare a tax return|

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing 2023 tax year [...]

Deposit Interest into Five Tax Buckets

December 12th, 2023|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tx accountant, Interest, Investment Interest, Investments, Mortgage Interest, Services, Student Loan Interest, Tax, tax accountant, Tax Advisor, Tax Cuts, Tax Deductions, Tax Planning, Tax Rates, TCJA, The Burns Firm|Tags: Business Interest, CPA, cpa near me, Dallas CPA, Interest Rates, Investment Interest, mortgage interest, Personal Interest, Student loan interest, tax, tax accountant, tax accountant near me, tax advisor, Tax Cuts and Jobs Act of 2017, TCJA, The Burns Firm|

Interest rates rise and fall periodically, but the tax rules for deducting interest expenses remain the same — unless Congress changes them. Generally, the current rules have been in place [...]

Key 2024 Inflation-Adjusted Tax Parameters for Small Businesses and Their Owners

November 30th, 2023|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Section 1231, Section 791, Self-employed, Services, Small Business, Tax, Tax Rates|Tags: 2024 Inflation Adjusted Tax Parameters for Small Business and Owners, cpa near me, Section 1231, Section 179 Deductions, Small Business Tax, tax, tax advisor, Tax Rates, The Burns Firm|

The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts that are most likely to affect small businesses and their owners. Rates and [...]