CPA Blog

CPA & Accounting Topics for Business
Jan
28

Top Things You Need to Know About Required Minimum Distributions (RMDs)

What is an RMD? A required minimum distribution is the minimum amount that you must withdraw from your IRA or retirement plan account each year.When do I have to take an RMD? You need to take an RMD each year after you reach age 72 or age 70 ½ if you...
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  638 Hits
638 Hits
May
30

Clients Receipt Management

Proactive Houston Accountant
Simple, easy and efficient receipt management Managing your receipts can be a tough task. Trying to keep track of all those important business expenses and receipts can be a nightmare: pockets overflow, wallets become crammed with them and inevitably, many are lost. If you are claiming back expenses then this can...
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  2375 Hits
2375 Hits
Mar
12

Retirement Planning Options For Small Business Owners

Retirement Planning Options For Small Business Owners
According to a recent BMO Wealth Management survey of 400 small business owners, only a fraction of America’s entrepreneurs are prepared for retirement. A striking 75% of survey respondents age 18 to 64 have saved less than $100,000 for retirement. Those age 45 to 64 are only marginally more prepared: 32%...
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  3020 Hits
3020 Hits
Feb
16

What Makes a Gift Taxable?

What Makes a Gift Taxable?
Taxpayers who give money or property to others may wonder about the federal gift tax and if it applies. Most gifts are not subject to the gift tax. Here are seven tax tips about the gift tax and giving: Nontaxable Gifts. The general rule is that any gift is potentially taxable....
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  2218 Hits
2218 Hits
Feb
08

What is Cyber Security Insurance? And Does Your Business Need It?

What is Cyber Security Insurance? And Does Your Business Need It?
There’s no shortage of information out there on how to protect your business from a cyberattack, and a strong defense is crucial. But what if you never get around to taking technological preventative measures and your business gets hit? Or what if the cyberattack has already happened? According to the National...
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  2116 Hits
2116 Hits
Feb
05

How to Deduct Travel Expenses

How to Deduct Travel Expenses
When it comes to travel expenses related to your business, the IRS allows you to deduct two types: local and “away from home”. Local You can deduct local transportation expenses incurred for business purposes such as the cost of getting from one location to another via public transportation, rental car, or...
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  2241 Hits
2241 Hits
Feb
01

Accountants in Houston Launch Powerful App | Fisher CPA Firm Accountants in Houston

The Brand new App from Fisher CPA Firm As a Fisher CPA Firm we are constantly looking for ways we can improve the service we offer our customers and we are proud to announce the launch of our brand new Fisher CPA Firm App. It’s completely free of charge and it’s...
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  1527 Hits
1527 Hits
Jan
19

Watch Out For These Recent Tax Scams

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There’s an array of evolving tax scams related to identity theft and refund fraud that you need to be aware of. Here are some of the latest schemes: Requesting fake tax payments: The IRS has seen automated calls where scammers leave urgent callback requests telling taxpayers to call back to settle...
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  1625 Hits
1625 Hits
Jan
08

Fisher CPA Firm Mobile App Is Now Available For Download

Fisher CPA Firm Mobile App Is Now Available For Download
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The all new Fisher CPA Firm Mobile App is now available for download at both Google Play & the Apple App Store. Simple search "Fisher CPA Firm" and download the app for free! The app is packed full of resources to help you run your business more efficiently.  Some of the...
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  2774 Hits
2774 Hits
Jan
08

Follow These Rules For Your IRA

Follow These Rules For Your IRA
Being the start of a New Year, everyone makes New Year Resolutions, and this year all I ask is that you make your exit strategy and retirement plan one of them. We can help you start that process and evaluate your current IRA if you have one. Setting up an IRA...
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  1961 Hits
1961 Hits
Dec
11

Home is Where the Tax Breaks Are

Home is Where the Tax Breaks Are
  Are you a homeowner? Take a look at the following list of tax breaks. There may be some here that you don’t know about. Questions? Ask us. Mortgage Interest. If you own a home with an unrelated taxpayer, you are now each entitled to a mortgage interest deduction of up...
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  1764 Hits
1764 Hits
Dec
07

Classifying Workers: A Taxing Situation

Classifying Workers: A Taxing Situation
Every time you hire paid help in your business, you need to make an important distinction: is the worker an employee or an independent contractor? This classification is important because it determines which taxes get paid, when they get paid, and by whom. Misclassifying employees as independent contractors results in heavy...
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  1806 Hits
1806 Hits
Nov
28

Just Married or Re-Married? These Tax Tips Are For You

Just Married or Re-Married? These Tax Tips Are For You
Congratulations, newlyweds! While it may not have been on your registry, we’re pretty sure you’ll appreciate the gift of these tips to help you avoid trouble at tax time: Has it Been a Year Already? If you were married anytime in 2017, the IRS considers you to be married for the...
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  1740 Hits
1740 Hits
Nov
20

IRS Changes Filing Deadlines for W-2 and 1099

IRS Changes Filing Deadlines for W-2 and 1099
This year some changes will be made to filing deadlines for IRS Form W-2 and some types of Form 1099. The changes are the result of The Protecting Americans from Tax Hikes (PATH) Act of 2015 signed by President Obama. If you’re an employer, you’re probably accustomed to a January 31st...
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  2811 Hits
2811 Hits
Nov
15

Traditional or Roth IRA: Which One to Fund Your Retirement?

Traditional or Roth IRA: Which One to Fund Your Retirement?
Looking to fund your retirement with an IRA? You should know that there are two types: Traditional and Roth. Which is right for you? Following are some important details to help you decide: Are You Eligible? Any person with income from wages or self-employment can contribute to an IRA – either...
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  1916 Hits
1916 Hits
Oct
09

Smart Businesses Separate Business & Personal Accounts

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One of the biggest mistakes small business owners make is commingling business and personal funds. They fail to set up separate business-only bank accounts. They may pay for business expenses out of a personal account, or vice-versa. When tax time rolls around, these entrepreneurs find themselves in a self-created mess trying...
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  1799 Hits
1799 Hits
Oct
09

Debt Management Tips for Small Businesses of Houston, Texas

Debt Management Tips for Small Businesses of Houston, Texas
According to a 2016 study by Experian, the average U.S. small business owner has $195,000 of debt. Some debt is a natural part of doing business. For example, a business loan, line of credit or business credit card can enable you to purchase equipment, hire employees, and finance growth. Too much debt, however, is risky business,...
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  1825 Hits
1825 Hits
Oct
09

Houston Businesses Making the Most of Miscellaneous Deductions

Houston Businesses Making the Most of Miscellaneous Deductions
What do we mean by “miscellaneous deductions”?Miscellaneous deductions are tax breaks that generally don’t fit into a particular tax category. They can help reduce taxable income and the amount of taxes owed. For example, some employees can deduct certain work expenses like uniforms as miscellaneous deductions. To do that, they must itemize their deductions...
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  1674 Hits
1674 Hits
Oct
09

IRS Tips for Preparing for Natural Disasters

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Hurricane season is here, and with it the Internal Revenue Service offers the following advice to taxpayers who may be affected by storms and other natural disasters: Update Emergency Plans. A disaster can strike at any time, so be sure to review emergency plans annually. Personal and business situations change over time, as do preparedness needs. When employers hire new...
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  4873 Hits
4873 Hits
Apr
11

Success: It’s All in the Ears

Business Consulting in Houston
Success: It's All in the Ears - Business Consulting of The Woodlands Coaches, books, seminars, podcasts, mastermind groups. They’re all wonderful ways of learning how to be successful in life, both personally and professionally. However, there’s one unbeatable tool that gives the best hints in every situation, and it’s already in...
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  3121 Hits
3121 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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