Whitesboro - (903) 564-5806 | Sherman - (903) 813-8290 info@kellygrimescpa.com

Tax Problem Resolution

You’ve got a friend in the tax business. Let us be your go-to for your any tax resolution needs you may have. From IRS wage garnishment protection to helping you get “Innocent Spouse” protection, we have the experience you need.

What Your Grayson County, TX Business Should Do If They Received PPP Funding

I promise that one day I'll write to you and my Grayson County, TX area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here...

Hey Grayson County, TX Business Owners, Do You Understand The Value of Time?

How are you and your Grayson County, TX business hanging in there these days? I'd be interested in what kind of revenue you're managing (unless you've already given us visibility into your books -- I can see for myself).Shoot me an email, and let me know. I might have...

Cash vs. Accrual Accounting: Two Main Differences For Grayson County, TX Businesses To Consider

I have seen plenty of Grayson County, TX businesses get into hot water because they were using the wrong method to track their cash.Yep, today, let's talk accounting. :)Specifically, whether your business should operate as CASH or operate as ACCRUAL. Cash is a great...

The Coronavirus Impact On Business Around Grayson County, TX

I want to check in with you, because these are obviously unprecedented times for ALL of us.How are things going for your business right now? Shoot me back an email through the email button at the top of the page and let me know.(I should say from the outset that I'm...

Should I Extend Credit To My Grayson County, TX Customers?

Before I get into the slippery slope I'm referring to in the title of this post, how are things for you these days? How's business going?I'd love to hear an update on your business ... so click the email button in the upper-right of the site here, and send me a note...

10 Simple Fraud Protection Safeguards Grayson County, TX Companies Should Implement

Things have been cranking at the Kelly Grimes, CPA offices of late! We have had a steady stream of new Grayson County, TX clients calling, emailing and coming through our doors. But it's also because of all of the questions we are fielding about the new tax law...

Should Your Grayson County, TX Business Consider Returning The PPP Loan?

There has been a lot of recent chatter about the PPP money, who got it, who didn't, and even if some Grayson County, TX companies should pay it back.Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this...

Kelly Grimes, CPA’s Tips on Turning One-Time Buyers into Repeat Customers

In your Grayson County, TX business, you're shooting for one thing whether you realize it or not: customer loyalty.Seeking out new customers is an arduous task in itself, but keeping them satisfied is another beast that you should take seriously. Why is it so...

You Can Easily Fix These Four Financial Mistakes With Competent Grayson County, TX Business Accounting Services

We're finally getting some guidance from the IRS related to some of the subtleties of the TCJA (i.e. the new tax laws), specifically about the new rules for 100% depreciation of certain equipment in the first year. If you have no earthly idea of what I'm talking...

Three Easy Ways for Grayson County, TX Business Owners to Develop Delegation Skills

The corporation deadline for Grayson County, TX businesses is behind us, and we're taking a big breath around here (while still focusedly working through personal tax returns as well). Apparently, there are basketball games being played.  Not that we would know much...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!