DMA Accountancy Corporation

DMA Accountancy Corporation Welcome to DMA Accounting Corporation. We are a CPA & accounting firm that cares about your needs.

Our company services both individuals and small to mid sized businesses by providing a wide variety of accounting, tax, and financial services. Customized packages that are designed to provide all your accounting and tax needs.

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 20...
08/31/2026

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways to deduct qualifying unreimbursed expenses: A deduction of up to $350 is available whether or not they itemize, and a new deduction with no dollar cap is available to itemizers. Educators eligible for both deductions can first claim the above-the-line deduction and reap the benefits of reducing their adjusted gross income and, if they have eligible expenses in excess of $350, claim the itemized deduction for those excess expenses. (Educators can’t claim both deductions for the same expenses.)

Could your traditional 401(k) or IRA balance be too large? Maybe!Contributing as much as you can to tax-deferred retirem...
08/31/2026

Could your traditional 401(k) or IRA balance be too large? Maybe!

Contributing as much as you can to tax-deferred retirement accounts can be a good idea. Contributions are pretax or deductible, and tax-deferred compounding can turbocharge growth.

But sometimes maximizing tax deferral is counterproductive. This may be true if tax rates increase by the time you pay tax on distributions. Also, retirement plan distributions are taxed at your ordinary-income rate, not your long-term capital gains rate. So you may pay a higher tax rate on dividends and growth than you would if you held the investments in a taxable account.

Fortunately, there are strategies that can help.

If your child is heading to college this fall, tax breaks may be available. For example, you might be eligible for the A...
08/10/2026

If your child is heading to college this fall, tax breaks may be available. For example, you might be eligible for the American Opportunity Tax Credit (AOTC) of up to $2,500 per student for the first four years of college. https://bit.ly/dmaacct-tax-tips-for-college-parents

Have you made contributions to charity this year? Are you considering making more? If so, it’s important to be familiar ...
07/23/2026

Have you made contributions to charity this year? Are you considering making more? If so, it’s important to be familiar with the tax rules so you can maximize your tax benefit — or at least avoid finding out at tax filing time that your charitable deductions are smaller than you expected. Read more here: https://bit.ly/dmaacct-donation-deductions

For construction businesses, the Davis-Bacon Act can turn a promising federally funded project into an expensive complia...
07/21/2026

For construction businesses, the Davis-Bacon Act can turn a promising federally funded project into an expensive compliance lesson. Find out where problems commonly arise — and how to reduce your risk: https://bit.ly/davis-bacon-contractor-tips

It’s easy to focus on the excitement of a big win. But before you spend lottery, gambling or other winnings, be sure you...
07/17/2026

It’s easy to focus on the excitement of a big win. But before you spend lottery, gambling or other winnings, be sure you understand the tax impact. Read more here: https://bit.ly/dmaacct-gambling-tax-rules

For contractors, getting paid shouldn’t be a major project. Strengthening accounts receivable practices today can reduce...
07/15/2026

For contractors, getting paid shouldn’t be a major project. Strengthening accounts receivable practices today can reduce slow-payment headaches tomorrow. Consider credit checks for larger jobs or for owners who demand extended payment terms. Clarify language in contracts and supporting documents, as well as provide multiple payment methods. Well-designed invoices with clear due dates, charges and instructions can also help reduce delays. In addition, monitor payment patterns, identify slow-paying owners, and formalize your collection policy and processes.

Summer is the perfect time for a midyear tax checkup. By reviewing your income, deductions, and investment activity now,...
07/07/2026

Summer is the perfect time for a midyear tax checkup. By reviewing your income, deductions, and investment activity now, you may still have time to make adjustments that could reduce or defer your tax liability before the end of the year.

Waiting until tax season often means missed opportunities. A quick review today can help you avoid surprises and put you in a better position when it's time to file.

Read our latest newsletter to learn about midyear tax planning opportunities and strategies that could help you save this year—or next.

Visit our website or click the link in the comments to read more.

Address

1400 N Harbor Boulevard, Suite 605
Fullerton, CA
92835

Opening Hours

Monday 9:30am - 5:30pm
Tuesday 9:30am - 5:30pm
Wednesday 9:30am - 5:30pm
Thursday 9:30am - 5:30pm
Friday 9:30am - 4:30pm

Telephone

+17144625290

Website

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