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

Tax Filing Season Delay Deja Vu - Houston Tax CPA

Tax Filing Season Delay Deja Vu - Houston Tax CPA
As some of you may remember, the 2013 filing season was delayed because of the expiration of the Bush Tax cuts and passage of the American Taxpayer Relief Act. This meant individuals could not file until the end of January or late February for some returns. Of course, returns still had...
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Year End Tax Planning for Individuals - Houston CPA

Year End Tax Planning for Individuals - Houston CPA
Last week I wrote about Tax Planning issues for businesses and their owners . This week, I am writing about tax planning issues for individuals. There are many tax provisions that changed this year that will impact some of you negatively. There are also some expiring provisions that will hurt certain...
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2013 Small Business Year End Tax Planning

2013 Small Business Year End Tax Planning
We are getting towards the end of the year and now is the time to review tax plans for any updates we should make, project the 2013 taxes, and implement 2014 tax plans. Tax planning is a challenge this year. There are many tax provisions expiring or changing this year which...
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Tax Benefits of Marriage

Tax Benefits of Marriage
Earlier this year, I posted an article on The Marriage Tax Penalty . Most of you know that I am engaged to be married, so this is a subject very near and dear to my heart. The marriage tax penalty is a result of our progressive tax system. As your income...
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How to Prepare and File 1099s - Small Business CPA The Woodlands

How to Prepare and File 1099s - Small Business CPA The Woodlands
Last week, we talked about the penalties the IRS charges for not complying with all 1099 reporting requirements. The penalties range from $30-$100 per 1099 for filing late and up to $250 per 1099 if you intentionally fail to issue them. You also run the risk of facing perjury charges which...
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The Importance of 1099s

The Importance of 1099s
Last week, we talked about penalties associated with undeclared income. Undeclared income is a big problem for the IRS. The IRS estimates that $450 billion is undeclared annually. They claim that over the past thirty years undeclared income has ranged from 16 to 20 percent of total tax liability. Some estimates...
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Small Business Accounting for The Woodlands

Small Business Accounting for The Woodlands
Our firm provides full range of small business accounting and small business bookkeeping services to our clients in The Woodlands . The accouting and bookkeeping services including financial statement preparation, QuickBooks® support, business consulting, IRS representation, cash flow management and more. Your small business accounting relies on accurate and insightful financial...
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Beanie Baby Tax Scandal

Beanie Baby Tax Scandal
Beanie Baby creator, Ty Warner has agreed to plead guilty to hiding more than $93 million in a secret United Bank of Switzerland (UBS) account. According to the charges, the money was hidden between 1996 and 2002 - the years of the Beanie Baby craze! In 2002 he transferred the money...
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Real Life Breaking Bad Busted by... the IRS? - Houston Business CPA

Real Life Breaking Bad Busted by... the IRS? - Houston Business CPA
AMC's Breaking Bad is the story of Walter White, a struggling high school chemistry teacher who is diagnosed with inoperable lung cancer. He turns to a life of crime, producing and selling methamphetamine in order to secure his family's financial future before he dies. After Walt's wife finds out about his...
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Affordable Care Act Notices Due Oct 1st or Pay Penalties - Houston Business CPA

Affordable Care Act Notices Due Oct 1st or Pay Penalties - Houston Business CPA
Beginning October 1st, all employers will be required to provide informational notices to all employees regarding the health insurance marketplaces (formerly known as Exchanges) created under the Affordable Care Act. This applies to all employers covered under the Fair Labor Standards Act, who have 1+ employees, and at least $500,000 in...
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The New All-American Family

The New All-American Family
The "All-American family" has changed a lot over the past 30 years. Family dynamics and structures have changed from the traditional married couple with 2.5 kids to single parents, step-parents, unmarried couples with children and two dads/two moms. Families are more diverse today than ever before... and the federal government now...
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What is Johnny Manziel & his LLC's Game Plan? - Houston Small Business CPA

What is Johnny Manziel & his LLC's Game Plan? - Houston Small Business CPA
Last week, we wrote about Johnny Manziel's potential problem if he does not declare the money he (allegedly) received for signing autographs. Now that the NCAA has decided to not pursue the matter any further with his first half of the Rice game suspension, the door appears to be closed on...
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Dentist CPA

Dentist CPA
As a dentist, you know that bad dental habits can ruin your teeth. As CPAs, we know that bad financial habits can ruin your business. We can help you develop strategies and tactics to create good financial habits. We understand that dental practices present challenges and opportunities that are unique. We...
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Johnny Manziel... Undeclared Income? - Houston Small Business CPA

Johnny Manziel... Undeclared Income? - Houston Small Business CPA
Winning the Heisman trophy was an incredible ending to Johnny Manziel's freshman year of college. However, now he is hot water with the NCAA for possibly accepting "a five figure flat fee" for signing autographs. According to news reports, Johnny has had six organized signings for three different sports memorabilia dealers...
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Industries We Serve

Industries We Serve
Healthcare Professional Services Real Estate Manufacturing and Distribution Construction   Healthcare Fisher is a CPA Firm Houston that provides specific accounting and financial management services for those in the health care field. While you are taking care of others we are busy taking care of you with all your tax filings...
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Federal and State Employment Taxes

Federal and State Employment Taxes
As a SMB owner, you are required to withhold employee payroll taxes and make federal and state payroll tax payments to the government, as well as filing the proper reporting and informational returns. The money withheld from the employees is held in trust by the business owner. It is not for...
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The Scariest Tax... Payroll Taxes - Houston Small Business CPA

The Scariest Tax... Payroll Taxes - Houston Small Business CPA
Do you want to go to jail? Then don't pay your payroll taxes. If you don't believe me, check out the IRS website here . They actually publish a list of the cases that they successfully prosecute and send to jail. According to the Journal of Accountancy, there is an 86%...
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Texas Franchise Tax

Texas Franchise Tax
Texas has a reputation for being a "pro" business state. Our state "PR" machine tells everyone there isn't an income tax so "bring your business to Texas". Well, that is not all together true. For businesses there is an income tax.....actually it is a tax on the "gross margin" of the...
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Texas Sales and Use Tax Audits on the Rise - Houston Small Business CPA

Texas Sales and Use Tax Audits on the Rise - Houston Small Business CPA
Sales tax audits are on the rise... Collecting sales tax isn't an optional task for small business owners. You must collect sales tax and report it accurately and on time. But keeping sales tax straight is easier said than done. Exemptions, requirements, and gray areas abound, and if you don't know...
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Powerball... What if You Win? - Houston Business CPA

Powerball... What if You Win? - Houston Business CPA
Tonight's lottery is $425 million with a cash option value of $244.7 million. That is a lot of money for someone to just "win"? When you "win" money and don't "earn money, the transition to responsible stewardship of your money is much faster and more likely to end in failure.  ...
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