CPA Blog

CPA & Accounting Topics for Business
I graduated from the University of Texas at Austin with a Bachelor of Business Administration in Accounting. The University of Texas accounting school has been and is currently the number one accounting school in the United States. I am licensed by the Texas State Board of Public Accountants as a Certified Public Accountant. I began my career at P...rice Waterhouse Coopers International Accounting Firm in the assurance and tax divisions.  After my successful career in public accounting, I broadened my experience into the corporate world, serving as Controller and CFO. I have extensive experience in debt structuring, mergers and acquisitions, accounting systems, and small to midsize business tax issues. I am a member of the Texas Society of Certified Public Accountants, the American Institute of Certified Public Accountants and a member of their Tax Section and a certified Charter Global Management Accountant. More

Why Fisher CPA Firm clients love the new App

Why Fisher CPA Firm clients love the new App
The Brand new App from Fisher CPA Firm It’s now 4 weeks since Fisher CPA Firm launched the new iPhone and Android App. Since then, clients and contacts have downloaded it across Houston. The App has generated some fantastic feedback from users enjoying its many features for free. It’s also...
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ATTN ALL BUSINESS OWNERS: Accounting Method Change Required by the IRS

ATTN ALL BUSINESS OWNERS: Accounting Method Change Required by the IRS
Final Tangible Property Regulations For decades, the IRS and taxpayers have fought over expenditures classified as Repairs vs. Capitalization. You, the SMB owner, want to write off your expenditures as repairs to reduce your taxes, while the IRS wants you to capitalize your expenditures forcing you to depreciate that expenditure...
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From Where I Sit: January 2015

From Where I Sit:  January 2015
  Happy New Year! Welcome to 2015 and to our new "From Where I Sit" newsletter! We are now offering this extended monthly edition which is only available to our clients and subscribers. Each monthly newsletter will cover a variety of topics from national/local news stories that could affect you...
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What Are Your Chances of Being Audited? - Houston Business CPA

What Are Your Chances of Being Audited? - Houston Business CPA
Your chances of being audited go up as your income gets higher. Individuals with an income under $200,000 have less than a 1% chance of being audited. An income of $200,000 or more will triple your chance of being audited. And those with incomes over $1 million have close to...
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Deduct Your NFL or College Football Tickets - Houston Small Business CPA

Deduct Your NFL or College Football Tickets - Houston Small Business CPA
Did you read last week's "From Where I Sit" newsletter? If not, go check it out at: Football is Here! Deduct Your Texans Tailgate Party!. We talked about how to deduct your football tailgate party using either the 100% entertainment deduction and/or the 50% entertainment deduction. This week, we'd like...
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Football is Here! Deduct Your Texans Tailgate Party!

Football is Here!  Deduct Your Texans Tailgate Party!
It's finally here - FOOTBALL Season! With the season of football comes house parties, tailgate parties, and the occasional lazy Sunday football marathon. What if you were able to deduct some of the costs of your football enjoyment? Especially your tailgate party?! Believe it or not, there are a few...
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College Tax Credits and Deductions - Tax Return Houston

College Tax Credits and Deductions - Tax Return Houston
Last week, we talked about tax strategies you can use to offset some of the costs of your child's education. This week, we'll go over the credits and deductions offered for higher learning, like college and trade school. First, the difference between a credit and a deduction.... A tax credit...
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Back to School Tax Strategies - CPA Firm Houston

Back to School Tax Strategies - CPA Firm Houston
It's that time of year again! Back to school time is already here and I thought it would be a good time to go over some of the deductions and credits that Uncle Sam offers for our school aged children. Birth through Age 13 The Child & Dependent Care Credit...
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Your Vacation Home - Tax Services Spring Tx

Your Vacation Home - Tax Services Spring Tx
In a previous article, Tax Advantages of Owning a Vacation Home , we described some tax advantages of your vacation home depending on if it is considered a personal residence or an investment property. This article is intended as an extension on the previous article to describe how to sell...
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Five Simple Business Life Hacks - CPA in Tomball Tx

Five Simple Business Life Hacks - CPA in Tomball Tx
Before I proceed, I feel I should give you a little history on the term "Life Hack". The term "hacking" started in the computer programming industry years ago and was used to describe easy but effective solutions to a specific computing problem - the term was then extended by those...
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Using Antiques for Business Purposes - Dental CPA Houston

Using Antiques for Business Purposes - Dental CPA Houston
As you may be aware, we moved our office to another suite in the same building recently. Our beautiful new office layout and decor was designed by the ladies on our staff. During this process they asked if we could purchase some antique furniture for the reception area and conference...
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It's Time for Your Mid-Year Business Review - The Woodlands Small Business CPA

It's Time for Your Mid-Year Business Review - The Woodlands Small Business CPA
It's hard to believe we are over half way through 2014. In our first "From Where I Sit" article of 2014, Stick with Those New Year's Resolutions, I tried to encourage you to become a more proactive business owner this year. Six months have passed - How do you think...
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Home Office Deduction - Simplified Method vs Actual-Cost Method - Houston Business CPA

Home Office Deduction - Simplified Method vs Actual-Cost Method - Houston Business CPA
The IRS permits self-employed individuals and some employees who work out of their home to deduct business expenses relating to the part of their home that is used for business purposes. The IRS has two ways you can deduct these expenses - you can choose between a Simplified Method or...
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Section 105 Medical Reimbursement Plans - Houston, Texas Small Business CPA

Section 105 Medical Reimbursement Plans - Houston, Texas Small Business CPA
In today's times, it is very hard for small business owner's to compete with big business when it comes to recruiting high value employees. While we will probably never be able to compete when it comes to big benefit packages, we still have a few tax "tricks" up our sleeve...
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Tax Treatment of Real Estate Lease-Options - Houston Real Estate CPA

Tax Treatment of Real Estate Lease-Options - Houston Real Estate CPA
With all the new construction in and around Houston, some homeowners and investors are having a difficult time selling their old, less desirable properties. This means some of the less popular Rent-to-Own arrangements are necessary in order to sell this property. For the purpose of this article, we are going...
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IRA Secret - Invest in Real Estate using a Self-Directed IRA - Houston CPA

IRA Secret - Invest in Real Estate using a Self-Directed IRA - Houston CPA
Most of you know about IRA's - there are Traditional IRA's and Roth IRA's - and most of you that have an IRA have your money invested in stocks, bonds, and mutual funds, right? Did you know you can also use your Traditional or Roth IRA account to invest in...
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Business Risks - Stretch Out of Your Comfort Zone - Houston Small Business CPA

Business Risks - Stretch Out of Your Comfort Zone - Houston Small Business CPA
Playing it safe isn't the way to get ahead in business and life. You've got to go out on a limb sometimes - but not so far that you fall off. Take these steps to practice intelligent risk taking: Know Your Motivations What do you really want to achieve? Why?...
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Tax Advantages of Owning a Vacation Home

Tax Advantages of Owning a Vacation Home
Summer time is rapidly approaching. With thoughts of relaxing with your family at your favorite vacation spot, I thought it would be a good time to remind you of the tax advantages of owning a vacation home. Your second home or vacation property can offer you significant tax advantages. The...
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Are you an IRONMAN Business Owner? - The Woodlands Small Business CPA

Are you an IRONMAN Business Owner? - The Woodlands Small Business CPA
We have a guest in our house this week. My wife's brother in law is visiting from Virginia. He is here to see us, but more importantly, he is here to run in the Ironman Texas. This is his third Ironman. The IRONMAN Texas is the first IRONMAN race of...
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Small Business Tax Strategy - Section 125 Cafeteria Plan - Houston Business CPA

Small Business Tax Strategy - Section 125 Cafeteria Plan - Houston Business CPA
One of the most underused tax saving opportunities for a small business and its employees is outlined in Section 125 of the US tax code - Cafeteria Plans. For employees, a section 125 plan can give them tax savings of 25% or more of the amount they pay into a...
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