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

Tax Services

When it comes to the world of taxes, preparation and planning go a LONG way. We have the expertise and knowledge you are looking for in a tax professional and can help you navigate your options.

We’re happy to help you with any of these services:

Tax Preparation

Stop missing out on potential deductions that could be saving you big money!

Tax Planning

Real strategies and solutions to help you minimize your IRS liability.

IRS AUDIT Representation

Don’t go it alone! We’re your ally and representative in an IRS audit.

Protecting Your Focus At All Costs by Kelly Grimes

War drums beating in Iran.Impeachment (?) proceedings. Democratic primaries.Weird economic signals.There is literally SO MUCH that can rob you of your greatest asset as we move forward into 2020.And in case it wasn't obvious, I'm talking about your focus.As a local...

Outlining What Occurs During A Business Audit For Grayson County, TX Businesses

Our Grayson County, TX business owner clients come to us for lots of different reasons.Whether it's merely for straight tax work, cash flow management and forecasting, or direct accounting assistance, we wear many hats on behalf of our favorite business owners.But...

Kelly Grimes’ Small Business Cash Flow Controls

... cash flow.Shoot, this is even true for any nonprofit of any kind of substance.And yes, my meticulous accountant's brain is kicked into high gear in this response, but you need somebody in your corner who is thinking about these things, or your Grayson County, TX...

Here’s What Happens When You Use A Penetration Pricing Strategy For Your Grayson County, TX Company

As we all watched radar images from Hurricane Florence last week, and we all benefited from modern scientific pre-knowledge of these sort of events, I thought about what it would be like to have had no warning whatsoever about that kind of storm. Even 100 years ago,...

Five Ways To Get Small Business Help Right Now For Your Grayson County, TX Business

I'd like to simplify things for you today.There is so. much. noise. right now about how to survive (even thrive) in the midst of this very difficult season."Pivot" they say.And yes, if you are running a business, these times call for a bit of a shift. Only a very...

A Big IRS Update For Grayson County, TX Businesses On Using The PPP Loan Funds

Well, if you were wise, you probably saw this coming.Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for Grayson County, TX businesses.Ouch.The IRS just released new guidance to...

How Money Works For Grayson County, TX Business Owners (Part 1)

Sometimes it feels like all we face is turmoil. And this feeling is not restricted to those Grayson County, TX businesses who survive "month-to-month". Even the best-capitalized among us can get trapped by the ever-increasing cycle of impending doom. This is...

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...

Kelly Grimes’ Essentials On Small Business Insurance Coverage

"Go start a business!" they said."It'll be fun and you'll make a lot of money!" they said. "FLEXIBILITY!" "BE YOUR OWN BOSS."But then ... well, you are your own boss now. And there are so. many. things. to think about beyond what you got into your business to actually...

Happy Thanksgiving 2019 from Kelly Grimes, CPA to you and yours

Right in the middle of the bloody depths of civil war, President Lincoln proclaimed the last Thursday of November as a national day of Thanksgiving which should take place every year.His entire Thanksgiving proclamation (written by his Secretary of State, William...

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!