accounting methods for small business

What Can Your Small Business Do Now to Lower Taxes for 2024?

August 13th, 2024|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Small Business, Tax, Tax Advisor, Tax Depreciation, Tax Planning, Tax Rules, Taxable Income, Texas CPA, The Burns Firm|Tags: accounting methods for small business, CPA, CPA Dallas The Burns Firm, cpa near me, Dallas CPA, How to Lower Taxes for 2024, North Texas CPA, Small Business and Taxes, tax, tax advisor, tax breaks, Texas CPA, The Burns Firm, What Can Your Small Business Do Now to Lower Taxes for 2024?|

Summer is a good time to take stock of how your small business is doing this year and consider options for reducing your 2024 federal income tax bill. Thankfully, it [...]

Tax Reform Changed Accounting Methods for Small Businesses

December 26th, 2018|Categories: Accounting, Business, C Corporation, Partnership, S Corporation, Services, Tax, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: accounting methods, accounting methods for small business, CPA, small business accounting, tax and accounting, TCJA, The Burns Firm|

Information from IRS.gov The Tax Cuts and Jobs Act – better known as tax reform – allows more small business taxpayers to use the cash method of accounting. Tax reform [...]