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Always Question Owner’s Compensation in Divorce

August 4th, 2022|Categories: Accountant, accountant near me, 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 Advisor, Tax Planning, tax preparer near me, Tax Return, The Burns Firm|Tags: , , , , , , , , , , , |

Divorce is more complicated when either spouse owns a private business interest. In these cases, a settlement is only as reasonable as the value of the business and the compensation [...]

Home Sales: How to determine your “Basis”

April 13th, 2021|Categories: Accounting, Burns Firm, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation|Tags: , , , , , , , , , , , , , , , , |

The housing market in many parts of the country is strong this spring. If you’re buying or selling a home, you should know how to determine your “basis.” How it [...]

2021 Individual Taxes: Answers to Your Questions About Limits

February 11th, 2021|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Credits, Tax Deductions, Tax Planning|Tags: , , , , , , , , , , , , , , , |

Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations. That’s understandable because your 2020 individual tax return is due [...]

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