CPA Blog

CPA & Accounting Topics for Business
Jan
24

IRS Changes Filing Deadlines for W-2 & 1099 Forms

IRS Changes Filing Deadlines for W-2 & 1099 Forms
Fisher CPA Firm has years of experience in Tax, Accounting, Bookeeping and is located in The Woodlands, TX   This year some changes will be made to filing deadlines for IRS Form W-2 and some types of 1099. The changes are the result of The Protecting Americans from Tax Hikes (PATH)...
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  1387 Hits
1387 Hits
Feb
27

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 over...
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  4172 Hits
4172 Hits
Jan
05

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 and...
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  4018 Hits
4018 Hits
Sep
12

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 an...
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  4075 Hits
4075 Hits
Aug
29

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 to...
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  3946 Hits
3946 Hits
Aug
23

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 tax...
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  3837 Hits
3837 Hits
Aug
17

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 lowers...
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  1088 Hits
1088 Hits
Aug
11

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 The...
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  1034 Hits
1034 Hits
Jul
28

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 your...
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  1114 Hits
1114 Hits
Jul
21

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 in...
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  1132 Hits
1132 Hits
Jul
14

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 room....
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  1066 Hits
1066 Hits
Jun
27

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 you've...
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  1042 Hits
1042 Hits
Jun
23

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 an...
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  1150 Hits
1150 Hits
Jun
16

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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  1090 Hits
1090 Hits
Jun
09

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 to...
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  1122 Hits
1122 Hits
Jun
02

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 other...
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  1148 Hits
1148 Hits
May
28

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? Don't...
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  984 Hits
984 Hits
May
20

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 tax...
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  993 Hits
993 Hits
May
17

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 the...
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  996 Hits
996 Hits
May
11

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 cafeteria...
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  955 Hits
955 Hits
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About You

Over decades of working with various types of businesses we have discovered Fisher is the perfect fit for clients who demonstrate the following characteristics.

1

Your business has already proven to be successful through continued growth.

2

Your market has a real need for your product and/or service.

3

You are an independent thinker.

4

You are not a follower but instead you tend to lead or aspire to lead in your market.

5

You understand the importance of learning how to improve your financial navigation.

6

You are teachable despite of your previous success and you continue to seek personal development.

7

You are actively seeking to improve your business.

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