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

Year-End Tax Planning Tips for Individuals

November 9th, 2023|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Tax, tax accountant, Tax Advisor, Tax Credits, Tax Cuts, Tax Deductions, Tax Depreciation, Tax Forms, Tax Penalty, Tax Planning, Tax Preparation, tax preparer near me, Tax Return, Tax Return Filing, Tax Withholding, tax write-offs, The Burns Firm, Year-End Tax Planning|Tags: 2023 Year-End Tax Planning, tax, tax advisor, Tax planning, The Burns Firm, year end tax planning|

As the holidays approach, it's time to consider tax planning moves that will help lower this year's tax bill, as well as set you up for tax savings in future [...]

Plan Now For Year-End Gifts With the Gift Tax Annual Exclusion

September 14th, 2023|Categories: Accountant, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Gift Tax, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning, Year-End Tax Planning|Tags: Annual Exclusion for Gifts, CPA Dallas, cpa near me, gift tax, Gift Tax Annual Exclusion, Gift-Giving, tax, tax accountant, tax advisor, Taxable gifts, The Burns Firm, year end tax planning, year-end gifting|

Now that Labor Day has passed, the holidays are just around the corner. Many people may want to make gifts of cash or stock to their loved ones. By [...]

Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify?

December 28th, 2022|Categories: Accountant, Accounting, Burns Firm, Business, CPA, CPA Dallas, Dallas CPA, QBI, Services, Small Business, Tax, Tax Advisor, Tax Planning, The Burns Firm, Year-End Tax Planning|Tags: Business Owner and QBI, QBI, QBI deduction, qualified business income, tax, The Burns Firm, year end tax planning|

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or [...]

Strategies for Investors to Cut Taxes as Year-End Approaches

November 29th, 2022|Categories: Accountant, Accounting, Burns Firm, CPA Dallas, Dallas CPA, Services, Tax, Tax Advisor, Tax Planning, The Burns Firm, Year-End Tax Planning|Tags: cut taxes, how investors can cut taxes, tax, Tax planning, The Burns Firm, year end tax planning|

The overall stock market has been down during 2022 but there have been some bright spots. As year-end approaches, consider making some moves to make the best tax use [...]

Year-end Tax Planning Ideas for Individuals

October 4th, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA in NOrth Texsa, CPA near 75248, CPA near 75252, CPA near me, CPA neasr 75248, CPA75248, CPADallas, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Estimated Tax, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Planning, Tax Preparation, tax preparer near me, Tax Return, tax season tips, Tax Withholding, The Burns Firm, Year-End Tax Planning|Tags: CPA Dallas, cpa near me, Dallas CPA, how to prepare tax projections, North Dallas CPA, North Texas CPA, tax, tax accountant, tax accountant near me, Tax planning, tax preparer near me, tax projections 2022, tax projections for 2022, tax return preparation, The Burns Firm, year end tax planning|

Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next. One of the first [...]

Important “To Do’s” All Taxpayers Should Do Before the Tax Year Ends

December 28th, 2021|Categories: Burns Firm, Business, CPA Dallas, Dallas CPA, Dallas tax return preparer, Estimated Tax, Estimated Tax Payments, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, The Burns Firm, Year-End Tax Planning|Tags: can I get tax credit for donating to charity, CPA Dallas, cpa near me, Dallas CPA, donate to charity, Tax planning, tax preparer near me, The Burns Firm, what can I do to save on tax before year end, year end tax planning|

Information from IRS.gov Important “To Do’s” All Taxpayers Should Do Before the Tax Year Ends Donate to charity Taxpayers may be able to deduct donations to tax-exempt organizations on their [...]

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 [...]

Year-End Strategies to Lower Your Personal Tax Bill

November 20th, 2018|Categories: Accounting, Burns Firm, Tax, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: CPA, Tax planning, tax return, TCJA, The Burns Firm, year end tax planning|

The countdown to year end has begun. Have you positioned yourself to minimize your 2018 tax bill? The Tax Cuts and Jobs Act (TCJA) made sweeping changes to the federal [...]