year-end planning – The Burns Firm – Advisors of Complex Financial Matters

Reap Tax Rewards from Year-End Harvesting

November 15th, 2019|Categories: Accounting, Burns Firm, Business, C Corporation, Partnership, S Corporation, Services, Tax, Tax Credits, Tax Deductions, Tax Planning|Tags: Capital gains benefits, Dallas CPA, tax, tax credits, tax deductions, tax preparation, tax returns, tax rewards, The Burns Firm, year-end planning|

The stock market has experienced plenty of ups and downs this year. So, some investors are poised to take big gains for 2019, while others are currently showing losses and many [...]

Year-End Tax and Financial To-do List for Individuals

December 13th, 2018|Categories: Accounting, Burns Firm, Services, Tax, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: before 2018 ends, CPA, tax, Tax planning, tax planning before 2018 ends, tax preparation, The Burns Firm, year-end planning, year-end to do list for tax|

With the dawn of 2019 on the near horizon, here’s a quick list of tax and financial to-dos you should address before 2018 ends: Check your FSA balance. If you [...]

Buy Business Assets Before Year End to Reduce Your 2018 Tax Liability

November 13th, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, Partnership, S Corporation, Services, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: business assets, buys business assets to reduce tax liability, CPA, section 179 expensing, tax, Tax planning, The Burns Firm, year-end planning|

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase [...]