Retirement contributions – The Burns Firm – Advisors of Complex Financial Matters

With Year-End Approaching, 3 Ideas That May Help Cut Your Tax Bill

December 7th, 2021|Categories: Accounting, Burns Firm, Business, C Corporation, CPA Dallas, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Partnership, S Corporation, Services, Small Business, Tax, Tax Planning, Tax Preparation, Tax Return, The Burns Firm|Tags: CPA Dallas, Dallas CPA, defer income, how can I reduce my tax bill, Retirement contributions, Tax planning, tax planning for year end, The Burns Firm, year end tax planning|

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are three quick strategies that may [...]

Make a Deductible IRA Contribution for 2018. It’s not too late!

April 4th, 2019|Categories: Accounting, Burns Firm, Business, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Return|Tags: CPA, Dallas CPA, IRA contribution, IRA contribution for 2018 deadline, Retirement contributions, ROTH IRA, tax, Tax planning, tax return, The Burns Firm, traditional IRA|

Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a deductible traditional IRA contribution for the 2018 tax [...]

IRS Ups the Ante on Retirement Contributions

December 19th, 2018|Categories: Accounting, Retirement Plan, Services, Tax, Tax Credits, Tax Planning, TCJA|Tags: CPA, IRS, Retirement contributions, TCJA, The Burns Firm|

Every year, the IRS releases cost-of-living adjustments to qualified retirement plan amounts. For tax year 2019, many of the limits applicable to pensions and other retirement plans will increase. But [...]