Answers To Commonly Asked Tax Questions

With all of the headlines about the changes to tax law, you probably have lots of questions. Here are answers to some of the most common questions taxpayers have this year. I’m hearing about a lot of changes to 2018 taxes. What should I do? A. You’re right, there are a lot of changes in…

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Alert: Expired Home and Education Tax Breaks Revived

Congress passed a federal budget bill in early February that revived dozens of expired tax breaks for the 2017 tax year. They include a deduction for education expenses as well as several tax breaks for homeowners. If you have not yet filed your 2017 tax return, please be aware these late changes are retroactive to…

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Taxes and Virtual Currencies: What You Need To Know

Virtual currencies are all the rage lately. Here are some tax consequences you must know if you decide to dip your toe in that world. The IRS is paying close attention The first thing to know is that the IRS is scrutinizing virtual currency transactions, so if you live in the U.S. you’ll have to…

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Health and Medical Access Denial – What Every College Student’s Parents Should Know

Student Health Access Denied

Medical Access Denied!  Imagine your college-aged daughter has an accident while away at school and ends up in the emergency room. When you call the hospital, you are denied information about her care because you do not have the proper forms signed. HIPAA not so hip Due to the Health Insurance Portability and Accountability Act…

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Dana McGuffin CPA Wins Best of the Best CPA 7th Year in a Row

You did it again, friends! Thank you for choosing us as Southlake’s Best of the Best CPA Firm for the 7th year in a row! We have been honored to be voted Southlake’s best CPA firm since 2011 and it’s our privilege to serve community businesses, ministries, and churches. Thank you for the opportunity to…

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Toys for Tots at Dana McGuffin CPA 2016

Toys for Tots 2016 at Dana McGuffin CPA

We are SO excited to be an official drop-off location for Toys for Tots 2016 and will be gratefully accepting new, unwrapped toys November 28th – December 9th, from 9AM to 5PM. Please join us for cupcakes and coffee at our 4th annual Toys for Tots gift reception Thursday, December 1st from 1-3PM. Our office…

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New Phishing Scheme Involving W-2s

W2 Phishing Scheme

Dana McGuffin CPA has recently heard of an instance where this very scheme was perpetrated within a company in the DFW area. Be aware and take precautions by educating your staff. From IR-2016-34, March 1, 2016: The Internal Revenue Service today issued an alert to payroll and human resources professionals to beware of an emerging phishing…

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Dana McGuffin CPA Voted BEST OF LIVING CPA in Northeast Tarrant County 2014-2016

Best of Living CPA Winner

We are so pleased to announce that Dana McGuffin CPA won the BEST OF READER’S CHOICE AWARD for BEST OF LIVING CPA in LIVING magazine for the third consecutive year! Thank you, to our friends of the firm, clients, and LIVING magazine readers for voting Dana McGuffin CPA Best CPA in Northeast Tarrant county for the third…

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Dana McGuffin CPA Voted Best of the Best CPA Firm in Southlake TX for 6th Year in a Row!

Dana McGuffin CPA Voted Best of the Best CPA in Southlake TX for 6th Year in a Row!

Dana McGuffin CPA is honored to receive the Best of the Best CPA award from the Southlake Journal for the sixth year in a row! The Best of the Best contest is held in January each year, and Southlake Journal readers vote for the best business in each business category. Other categories in the voting include…

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Dana McGuffin CPA Hosts 3rd Annual Toys for Tots Reception!

We are SO excited to be an official drop-off location for Toys for Tots 2015 and will be gratefully accepting new, unwrapped toys November 30 – December 11, from 9 to 5 at our Toys for Tots Reception. Please join us for cookies, coffee, and cocoa at our 3rd annual Toys for Tots reception Friday,…

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