small business – The Burns Firm – Advisors of Complex Financial Matters

Planning a Graceful and Profitable Exit from Your Small Business

October 31st, 2023|Categories: Accountant, Accounting, Burns Firm, Business, Business Valuation, Buying a Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Due Diligence, M&A, Sell Business, Selling a Business, Services, Small Business, Tax, tax accountant, Tax Advisor, The Burns Firm|Tags: business valuation, M&A, Planning An Exit from Your Small Business, Planning to sell a business, Selling a business, Selling a Small Business, small business, tax, tax advisor, Tax Implications of Selling a Business, The Burns Firm|

At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. Others can't survive without the continued involvement of a [...]

Three Tax Breaks for Small Businesses

August 16th, 2022|Categories: Accountant, accountant near me, Accounting, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Expenses, Services, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, tax preparer near me, Tax Return, tax season tips, Tax Withholding, tax write-offs, The Burns Firm, Year-End Tax Planning|Tags: CPA Dallas, cpa near me, Dallas CPA, Dallas CPA near me, QBI deduction, small business, small business tax breaks, tax breaks, tax breaks for my small business, tax breaks for small business 2022, tax preparer near me, The Burns Firm, what is a QBI deduction|

Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some examples. QBI deduction For [...]

Tax-Free Gain Rollovers for QSBC Stock Sales

August 2nd, 2018|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Credits, Tax Return, TCJA|Tags: Planning, QSBC Stock sales, qualified small business, small business, stock, tax, tax credits, tax return, tax-free gain, TCJA, The Burns Firm|

Sales of qualified small business corporation (QSBC) stock may potentially be eligible for a gain exclusion. But that's not all. There's also a tax-free stock sale gain rollover privilege — similar [...]

New Tax Law Boosts Appeal of Qualified Small Business Corporations

July 26th, 2018|Categories: Accounting, Burns Firm, Business, Tax, Tax Planning, TCJA|Tags: 2018 tax planning, Accounting, business, business stock sale, invest, QSBC, sell your stock, small business, small business corporation, stock, tax, tax-free gain, The Burns Firm|

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 [...]