DPA Financial Solutions LLC

09/03/2026

Great is the Lord and most worthy of praise! RCCG DFW Central turns 15 this weekend. Check out the flyer for details on our Friday Praise & Worship, Saturday Church Picnic, and Sunday Thanksgiving Service.

09/03/2026

LLC vs S-Corp

Is your LLC costing you more in self-employment taxes than it should?
Most business owners don't realize that an S-Corp election can help you save significantly once your business hits a certain profit level.

Want to see the side-by-side breakdown of where that 'sweet spot' usually sits, comment S-Corp in the comments box.

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09/02/2026

08/24/2026

Did you request an extension for your 2025 federal tax return? The deadline is fast approaching on October 15, 2026! Drop a comment below if you have your documents ready or would like to know what other documents you're missing? .
DPA Financial Solutions LLC

08/17/2026

It's another beautiful morning, 😍 that the Lord has made, l will rejoice, be glad, and grateful 🙏.

Join me to thank God for another blessing of Life. Happy Monday to you all!

08/13/2026

📣📣Attention Used Car Dealers! 🚗

✅️ Are you maximizing your lot's tax savings?

Operating a dealership comes with unique expenses, but the IRS offers specific write-offs to help you keep more capital in your business.

✅️ Here are 5 top tax strategies you need to leverage for 2026:

⚡ **Used EV Credits (IRC Section 25E):** If you sell qualifying used EVs for $25,000 or less, buyers can claim up to a $4,000 credit. Register your dealership with *IRS Energy Credits Online* to offer this as a point-of-sale discount and receive advance payments directly from the IRS!

📉 **LIFO Inventory Accounting:** Using the Last-In, First-Out (LIFO) method can significantly reduce your taxable income by matching your most recent (and typically highest) inventory costs against your current sales.

🧰 **Section 179 & Bonus Depreciation:** Need to upgrade your service bays or lot lighting? You can often deduct the full purchase price of qualifying equipment and tangible property improvements in the year they are placed in service.

🛑 **Bad Debt Deductions:** If you offer in-house financing (Buy Here, Pay Here) and have receivables that are definitively uncollectible, you may be able to write those off as a bad debt expense before year-end.

🚗 **Auction & Business Mileage:** Driving your personal vehicle to auto auctions or across town for parts? Track those miles! The IRS 2026 standard business mileage rate is **72.5 cents** from January through June, and **76 cents** from July through December.

✅️ Pro Tip:** Don't wait until December to review your inventory and receivables. Proactive planning is the key to a lower tax bill and maximize refunds!!

Ready to clean up your books and maximize your dealership's deductions? Let's talk!

📞 469-274-2170
🌐 dpafinancialservices.com

DPA Financial Solutions offers expert tax preparation, accounting, and financial consulting services to help businesses and individuals achieve financial peace.

08/13/2026

ThursdayTax Tips
🚀 **Get Ahead of Your 2026 Taxes! Big Changes Are Here!** 📉

Did you know the recently passed *One Big Beautiful Bill Act* drastically changed the tax landscape for 2026? Whether you're an employee, senior, or homeowner, here are the biggest updates you need to know to maximize your return next year
:
✅ Standard Deduction Increase: The standard deduction is now permanently increased to $16,100 for single filers and $32,200 for married couples filing jointly.
✅ SALT Cap Relief:** Good news for taxpayers in high-tax states! The State and Local Tax (SALT) deduction cap has temporarily jumped from $10,000 to $40,400 for the 2026 tax year.
✅ Tip & Overtime Relief:** Tipped workers can now deduct up to $25,000 of tipped income! Plus, you can deduct up to $12,500 of overtime income ($25,000 for joint filers).
✅ Senior Boost: Filers 65 and older get a brand new, additional $6,000 deduction on top of standard deduction perks.
✅ Charitable Giving: Non-itemizers can once again get rewarded for giving back, with a permanent deduction of up to $1,000 for cash contributions ($2,000 for joint filers).

Don't wait until the last minute—start gathering your documents now and reach out to us if you ever need help or want to know how l to strategize around these new benefits! 💡



Upcoming 2026 Tax Law Adjustments
See the video below for more information. .

This year, there’s a new law that could impact your refund.It’s o...

08/10/2026

Good morning everyone and have a blessed Monday 🙌

07/30/2026

📢 Business Owners: Are You Complying with Sales Tax Laws?

Did you know that some business services may be subject to sales tax depending on your state? Many business owners unknowingly make costly mistakes that can lead to penalties, interest, and unexpected tax liabilities.

At DPA Financial Solutions, we're here to help you understand your sales tax obligations so you can stay compliant and focus on growing your business.

✅ Learn if your services are taxable
✅ Understand your sales tax responsibilities
✅ Stay compliant with state regulations
✅ Avoid costly penalties and audits

Don't wait until it's too late—let us help you protect your business and keep more of what you earn.

📞 Schedule your consultation today!
📱 469-274-2170
📧 [email protected]
🌐 www.dpafinancialservices.com

DPA Financial Solutions
Solutions Today. Security Tomorrow.