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LeCPA Insights

Expert advice to help DFW business owners simplify taxes, grow their business, and build wealth.

Showing 32 articles

Business Strategy

Does Opening an LLC Mean More Tax Deductions? The Truth DFW Business Owners Need to Know

Think forming an LLC unlocks secret tax deductions? A DFW CPA breaks down the truth about LLC tax benefits and what actually reduces your tax bill.

Jan 16, 20268 minutes
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Real Estate

Cost Segregation: The Tax Strategy Most DFW Landlords Don't Know About

Cost segregation can accelerate depreciation and save real estate investors thousands in taxes. Learn how it works, when it makes sense, and what it costs.

Jan 14, 20268 minutes
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Crypto

Crypto Taxes 101: What Every DFW Investor Needs to Know in 2026

New to crypto taxes? Learn how the IRS taxes Bitcoin, Ethereum, and other cryptocurrencies. A DFW CPA breaks down taxable events, rates, and reporting requirements.

Jan 16, 202610 minutes
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Real Estate

1031 Exchange Explained: How DFW Real Estate Investors Defer Taxes

Learn how a 1031 exchange lets you defer capital gains taxes when selling investment property. A DFW CPA breaks down the rules, deadlines, and common mistakes.

Jan 15, 20269 minutes
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Crypto

Crypto Tax Loss Harvesting: The Legal Loophole That Could Save You Thousands

Learn how to use crypto tax loss harvesting to reduce your tax bill. Unlike stocks, there's no wash sale rule for crypto—yet. A DFW CPA explains the strategy.

Jan 15, 20268 minutes
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Real Estate

The Complete Guide to Real Estate Tax Strategies for DFW Investors

Maximize your real estate investment returns with proven tax strategies. Learn about cost segregation, 1031 exchanges, and depreciation tactics from a DFW CPA specialist.

Jan 15, 202612 minutes
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Crypto

Crypto Staking Taxes: How the IRS Taxes Your Staking Rewards

Earn staking rewards on Ethereum, Solana, or Cardano? Learn how the IRS taxes staking income, when to report it, and how to minimize your tax burden.

Jan 14, 20269 minutes
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Tax Planning

Home Office Deduction Rules 2026: What DFW Remote Workers Need to Know

Can you claim the home office deduction? Learn who qualifies, how to calculate it, and what documentation you need. A DFW CPA breaks down the rules.

Jan 13, 20267 minutes
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Crypto

NFT Taxes Explained: A Complete Guide for Collectors and Creators

Bought, sold, or created NFTs? Learn how the IRS taxes NFT transactions. Different rules apply to collectors vs creators. A DFW CPA breaks it all down.

Jan 13, 20269 minutes
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Business Strategy

Cash vs Accrual Accounting: Which Is Right for Your DFW Business?

Not sure whether to use cash or accrual accounting? Learn the differences, IRS requirements, and how to choose the right method for your business.

Jan 12, 20267 minutes
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Crypto

New Crypto Tax Reporting Rules 2026: What the 1099-DA Means for You

Major crypto tax changes hit in 2026. Exchanges will report your cost basis to the IRS. Learn what's changing, what it means for you, and how to prepare.

Jan 12, 20268 minutes
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Tax Planning

The QBI Deduction: How to Claim Your 20% Tax Break in 2026

The QBI deduction can save pass-through business owners up to 20% on qualified income. Learn who qualifies, income limits, and strategies to maximize it.

Jan 11, 20268 minutes
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Tax Planning

5 Tax Deductions DFW Small Business Owners Miss Every Year

Running a small business in Plano, Richardson, or Frisco? You're probably missing these tax deductions. A DFW CPA breaks down the ones that save thousands.

Jan 10, 20266 minutes
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Business Strategy

1099 vs W-2: How to Classify Workers Without IRS Trouble

Misclassifying workers as contractors instead of employees can cost you thousands in penalties. Learn the IRS rules and how to classify workers correctly.

Jan 9, 20268 minutes
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Tax Planning

Quarterly Estimated Taxes: A Simple Guide for DFW Freelancers and Business Owners

Confused about quarterly taxes? A Plano CPA breaks down who needs to pay, how much, and when—without the IRS jargon.

Jan 8, 20267 minutes
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Business Strategy

Texas Franchise Tax: What Every DFW Business Owner Should Know

Texas may not have income tax, but the franchise tax catches many business owners off guard. Learn who owes it, how to calculate it, and key deadlines.

Jan 8, 20267 minutes
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Tax Planning

IRS Audit Red Flags: What Triggers an Audit (and How to Avoid One)

Worried about an IRS audit? Learn what triggers audits, which red flags to avoid, and how to protect yourself. A DFW CPA shares what really matters.

Jan 7, 20268 minutes
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Bookkeeping

Why Your DIY Bookkeeping Might Be Costing You Thousands

Think you're saving money doing your own books? A Plano CPA explains the hidden costs of DIY bookkeeping—and when it's time to get help.

Jan 6, 20266 minutes
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Business Strategy

When to Hire a CPA: 5 Signs It's Time to Get Professional Help

DIY taxes work until they don't. Here are 5 clear signs it's time to hire a CPA—and how a professional can save you more than they cost.

Jan 6, 20267 minutes
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Tax Planning

SEP-IRA vs Solo 401(k): Which Retirement Plan Is Right for Your Business?

Self-employed? Compare SEP-IRA and Solo 401(k) retirement plans. Learn contribution limits, tax benefits, and which is better for your situation.

Jan 5, 20268 minutes
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Tax Planning

The Backdoor Roth IRA: A Tax Strategy for High Earners

Make too much to contribute to a Roth IRA? A DFW CPA explains the backdoor Roth strategy—how it works, who qualifies, and common mistakes to avoid.

Jan 4, 20268 minutes
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Tax Planning

Mid-Year Tax Check-In: 5 Questions to Ask Your CPA Now

Don't wait until December for tax planning. A Plano CPA shares the 5 questions every business owner should ask their accountant mid-year.

Jan 2, 20265 minutes
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Tax Tips

2026 Tax Changes: What DFW Taxpayers Need to Know

Key 2026 tax law changes affecting DFW taxpayers. Learn about new brackets, deduction limits, and credits. Garland CPA breaks down what matters for your taxes.

Jan 1, 20266 min read
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Business Strategy

7 Essential Tax Tips for DFW Small Business Owners in 2026

Expert advice from Krystal Le CPA on entity structuring, cost segregation, and strategies that save Dallas-Fort Worth entrepreneurs thousands.

Jan 1, 20268 minutes
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Bookkeeping

Bookkeeping 101: How Often Should You Actually Update Your Books?

Daily? Weekly? Monthly? A Plano CPA breaks down how often you really need to update your books—and what happens when you don't.

Dec 28, 20255 minutes
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Tax Planning

Year-End Tax Planning: Start Now, Not in December

The best year-end tax moves happen before December. A Plano CPA shares what DFW business owners should be doing now to minimize their tax bill.

Dec 20, 20257 minutes
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Bookkeeping

QuickBooks vs Xero: Which Is Best for Your DFW Small Business?

Compare QuickBooks and Xero for your small business accounting needs. A DFW CPA breaks down pricing, features, and which software fits different business types.

Dec 15, 20257 min read
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Real Estate

Bonus Depreciation for Rental Property: The Tax Strategy That's Sunsetting

Learn how bonus depreciation can dramatically reduce your rental property taxes. A DFW CPA explains what's changing in 2025-2026 and how to maximize benefits now.

Dec 1, 20257 min read
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Real Estate

Real Estate Professional Status: The Ultimate Tax Strategy for Investors

Learn how qualifying as a Real Estate Professional can unlock unlimited rental loss deductions. A DFW CPA explains the IRS requirements and how to document your hours.

Nov 25, 20259 min read
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Bookkeeping

Chart of Accounts Setup Guide: The Foundation of Clean Books

Learn how to set up a proper chart of accounts for your small business. A DFW CPA shares templates and best practices for QuickBooks and Xero.

Nov 20, 20258 min read
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Real Estate

Airbnb & Short-Term Rental Taxes: What DFW Hosts Need to Know

Complete guide to short-term rental taxes for Airbnb and VRBO hosts in Texas. A DFW CPA explains deductions, HOT taxes, and the 14-day rule.

Nov 10, 20258 min read
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Bookkeeping

Month-End Closing Checklist: The 30-Minute Routine for Clean Books

A simple month-end closing checklist for small business owners. Keep your books accurate with this CPA-approved routine that takes less than 30 minutes.

Oct 25, 20255 min read
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