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When Is It Time to Hire a CPA for Your Fort Worth Business?

Learn when it’s time to hire a CPA for your Fort Worth business and how a local CPA like Adam Traywick, CPA, can help you save time and plan for growth.

Possible Tax Consequences of Guaranteeing a Loan to Your Corporation

What if you decide, or are asked, to guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser, or

Scholarships Are Usually Tax Free but They May Result in Taxable Income

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are

Large Cash Transactions with Your Business Must Be Reported to the IRS

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. What

Is an LLC the Right Choice for Your Small Business?

Maybe you are launching a new business and want to know your options for setting it up. Or, perhaps you operate your small

You May Have Loads of Student Debt, but It May Be Hard to Deduct the Interest

More than 43 million students are in debt with an average of $39,351 each, according to the research group EducationData.org. If you have

The Deductibility of Corporate Expenses Covered by Officers or Shareholders

Do you play a major role in a closely held corporation and sometimes spend your personal money on corporate expenses? These costs may

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