Insights
LeCPA Insights
Advice to help DFW business owners simplify taxes, grow their business, and build wealth.
Showing 41 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.
8 minUpdated Aug 2026
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.
8 minUpdated Aug 2026
Business Strategy
Why Plano Business Owners Hire a CPA (Legacy West to Willow Bend)
Why Plano business owners from Legacy West to Willow Bend hire a CPA — medical, real estate, and tech — from a Richardson, Texas CPA.
10 min
Bookkeeping
Bookkeeping for Dallas Small Businesses: When DIY Stops Working
When DIY QuickBooks stops working for Dallas small businesses — and what hiring bookkeeping actually looks like from a CPA.
10 min
Business Strategy
What an S-Corp CPA in Dallas Does After You Elect
What an S-Corp CPA in Dallas does after you elect — Form 2553, reasonable salary, owner payroll, and Form 1120-S. A DFW CPA walks the work.
11 min
Business Strategy
How to Choose a CPA for Your Dallas Small Business
What a small business CPA in Dallas actually does, and when a Dallas owner-operator should hire one instead of DIY or a seasonal preparer.
9 min
Business Strategy
1099 Rules Just Got Friendlier: What Freelancers and Side Hustlers Need to Know for 2026
The 1099-K threshold is back to $20,000 and the 1099-NEC threshold jumped to $2,000. A DFW CPA explains what changed — and why your taxes didn't.
6 min
Tax Planning
Charitable Giving Changed in 2026: New Deduction for Non-Itemizers, New Floor for Everyone Else
Starting in 2026, non-itemizers can deduct up to $2,000 in cash gifts — while itemizers face a new 0.5% AGI floor. A DFW CPA explains how to give smarter.
6 min
Tax Tips
Car Loan Interest Is Deductible Again — If Your Vehicle Makes the Cut
You can now deduct up to $10,000 of car loan interest — but only on new, US-assembled vehicles bought for personal use. A DFW CPA explains who qualifies.
6 min
Tax Tips
No Tax on Tips (and Overtime): How the New Deductions Actually Work
The new tips and overtime deductions are real — but they have limits, phaseouts, and an official occupation list. A DFW CPA breaks down who actually qualifies.
7 min
Tax Planning
Trump Accounts Are Live: Should You Open One for Your Kid?
Trump Accounts launched July 4, 2026 with a free $1,000 for eligible newborns. A DFW CPA explains how they work, who qualifies, and how they compare to a 529.
7 min
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.
10 min
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.
9 min
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.
8 min
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.
12 minUpdated Aug 2026
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.
9 min
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.
7 minUpdated Aug 2026
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.
9 min
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.
7 minUpdated Aug 2026
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.
8 min
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.
8 minUpdated Aug 2026
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.
6 minUpdated Aug 2026
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.
8 min
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.
7 min
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.
7 min
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.
8 min
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.
6 min
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.
7 min
Tax Planning
Solo 401(k) vs SEP-IRA at $80K–$300K of Self-Employment Income
Self-employed? Compare SEP-IRA and Solo 401(k) retirement plans. Learn contribution limits, tax benefits, and which is better for your situation.
8 minUpdated Aug 2026
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.
8 minUpdated Aug 2026
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.
5 minUpdated Aug 2026
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. A Richardson CPA breaks down what matters for your taxes.
6 minUpdated Aug 2026
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.
8 minUpdated Aug 2026
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.
5 minUpdated Aug 2026
Tax Planning
Don't Wait Until December: Mid-Year Tax Moves for DFW Owners
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.
7 min
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.
7 min
Real Estate
Bonus Depreciation for Rental Property: 100% Is Back—Permanently
100% bonus depreciation is permanently back under the One Big Beautiful Bill Act. A DFW CPA explains how rental property investors can use it to slash their tax bill.
7 minUpdated Aug 2026
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.
9 min
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.
8 min
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.
8 min
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.
5 min
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