business

Transfer Pricing Rules for International Businesses

July 18th, 2024|Categories: Burns Firm, Business, CPA, CPA Dallas, CPA near me, CPA Texas, CPADallas, Dallas CPA, International Business, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Rules, Texas CPA, The Burns Firm, Transfer Pricing Rules|Tags: , , , , , , |

If your business is expanding its geographical footprint beyond state or U.S. borders, it's important to understand the transfer pricing rules. In a nutshell, transfer pricing refers to cross-border pricing [...]

Tax Planning for Investments Gets More Complicated

October 9th, 2018|Categories: Accounting, Burns Firm, Tax, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: , , , , , , , , , , , |

For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine [...]

Close-up n the New QBI Deduction’s Wage Limit

July 31st, 2018|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Return, TCJA|Tags: , , , , , , , , , , , , , , |

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI). The [...]

New Tax Law Boosts Appeal of Qualified Small Business Corporations

July 26th, 2018|Categories: Accounting, Burns Firm, Business, Tax, Tax Planning, TCJA|Tags: , , , , , , , , , , , , |

Would you like to invest in a business that allows you to subsequently sell your stock tax-free? That may be possible with qualified small business corporation (QSBC) stock that's acquired [...]

Saving Tax on Restricted Stock Awards With the Sec. 83(b) Election

June 7th, 2018|Categories: Accounting, Burns Firm, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Return, TCJA|Tags: , , , , , , , , , , |

Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex — subject to ordinary-income, [...]

The TCJA Changes Some Rules for Deducting Pass-through Business Losses

June 5th, 2018|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: , , , , , , , , , , , , |

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs [...]

Do Employers Have to Compensate Hourly Technicians for Travel Time?

May 22nd, 2018|Categories: Accounting, Business, C Corporation, Law, Partnership, S Corporation, Services, Tax|Tags: , , , , , , , , , , |

The U.S. Department of Labor's (DOL) Wage and Hour Division (WHD) has issued a new Opinion Letter on whether employers must compensate employees for travel time. These letters are issued [...]

Capital Gains Rates Before and After the New Tax Law

May 15th, 2018|Categories: Accounting, Burns Firm, Business, Merger & Acquisition, Services, Tax, Tax Credits, Tax Cuts, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: , , , , , , , , , , , , , , , , |

Are you confused about the federal income tax rates on capital gains and dividends under the Tax Cuts and Jobs Act (TCJA)? If so, you're not alone. Here's what you [...]

Get started on 2018 tax planning now!

May 8th, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, Merger & Acquisition, Partnership, Retirement Plan, S Corporation, Selling a Business, Services, Tax, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: , , , , , , , , , , , , , |

With the April 17 individual income tax filing deadline behind you (or with your 2017 tax return on the back burner if you filed for an extension), you may be [...]

Go to Top