Wright CPA Firm LLP

01/28/2018

How's that New Year's resolution treating you? Yeah, that's what we thought. If your new year, new you plan doesn't have enough wiggle room, you might need to make some. The Dallas cheeseburger is better — and more prevalent — than ever. These are a few of our favorites right...

03/24/2016

This would be really cool. I hope it goes through as it benefits Employees with student loan debt and Employers.

Two bills in Congress could give companies a tax incentive to help employees repay their student loans.

03/24/2016

Lots happening in 2016. How will your business do?

Although economic uncertainty and cyberthreats are big concerns for executives and board members, a global survey shows that a different risk remains the top worry.

03/05/2016

April 15th is right around the corner! Have you gathered all your tax information? Schedule an appointment today!

09/09/2015

September 15th approaches. S-Corps and C-Corps are due! Also, if you own a business, did you know 1065's and S-Corps will be due on March 15th next year!

04/12/2015

Three days and counting. If you haven't filed yet, its time to extend. Call me 972-215-7169 and we will help get that done for you. Don't be late!

03/31/2015

15 days and counting. Have you hugged your CPA today?

03/12/2015

Friendly tax tip, the IRS reminded taxpayers who have filed for refund to consult “Where's My Refund” on IRS.gov to check status of refund. (IR 2015-45 )

03/07/2015

Just when we thought we have seen it all... One of the new laws that has popped up on the Affordable Health Care Act that affects small businesses in a very major way, and I feel negative, way.

If your employer is a small employer (less than 50) and reimburses or even pays directly your health insurance premium that is not a group health care plan sponsored by the company that fits the definition of the affordable health care act, the employer is to be fined $100 a day PER EMPLOYEE!!! The IRS has given relief on this till June of this year (how generous of them), but apparently this has been in effect since the beginning of 2014... Yikes! Its hard to believe that the government will fine the tar out of a business for providing some benefit that doesn't fit their mold but if you did nothing at all for your employees (and your under 50 full time employees) your in the clear. What a world we live in.

The IRS bulletin on this is linked below. If you have a small business, time to check what you are doing. Call or Message us and we will walk through what you are doing to help make sure you are compliant to this garbage fire of a law. -Timothy Wright

http://www.irs.gov/pub/irs-drop/n-15-17.pdf

02/23/2015

It's tax time. Turbo tax got you confused? Maybe it's time to have a CPA in your life. Beware the tax cattle calls. They often do things wrong and are not even certified to any standard. The best part of all is you get to see and/or talk to me! Haven't I made your day a little better already? I have also been less than the last three returns that were done by Block. I guess my overhead is easier since I don't fly planes of $$$$! Regardless, don't forget to file!