KFA CPA PLLC

KFA CPA PLLC KFA CPA PLLC is licensed in TX and offers affordable and comprehensive bookkeeping, payroll, and tax services for small business owners and individuals.

KFA CPA PLLC is licensed in TX and specializes in Accounting. We are professional, experienced, and affordable. We offer a broad range of services for business owners, executives, and independent professionals.

For cash-based businesses, meticulous recordkeeping is essential. Because cash transactions are harder to verify, they i...
12/01/2025

For cash-based businesses, meticulous recordkeeping is essential. Because cash transactions are harder to verify, they increase the risk of underreporting income and attracting IRS scrutiny. The IRS closely monitors such businesses, using tools like cash flow analysis, bank deposit comparisons and lifestyle audits to estimate actual income. If discrepancies arise, the IRS may calculate your income based on estimates, potentially resulting in higher taxes than necessary. Contact us for help with your business at 786-225-5532.

The IRS has issued transitional guidance to auto lenders required to report certain vehicle loan interest for 2025. Unde...
11/28/2025

The IRS has issued transitional guidance to auto lenders required to report certain vehicle loan interest for 2025. Under the tax legislation signed into law in July, interest on qualified passenger vehicle loans originated after Dec. 31, 2024, generally is deductible up to $10,000. Lenders must provide eligible taxpayers with the appropriate information to claim the deduction on their 2025 tax returns. According to the guidance, the IRS will consider that lenders have met their reporting obligations for interest received on a qualified vehicle loan in 2025 if they make statements available to buyers indicating the total amount of interest received. To learn more about the new vehicle loan interest deduction, contact us at 786-225-5532.

You may want to offer employees a retirement savings plan, but they can be expensive and complex. What’s a small busines...
11/26/2025

You may want to offer employees a retirement savings plan, but they can be expensive and complex. What’s a small business owner to do? Consider a simplified employee pension (SEP). They’re easy to set up and administer. Requirements are minimal: All workers must be eligible to participate, and your contributions can’t discriminate in favor of highly compensated employees. In 2025, you can contribute up to $70,000 (or up to 25% of compensation) to a worker’s SEP account and deduct the contributions. Contact us at 786-225-5532 for details about this and other retirement plan options.

Navigating tax law can be complex. But you don’t have to do it alone. Whether you’re filing as an individual taxpayer or...
11/24/2025

Navigating tax law can be complex. But you don’t have to do it alone. Whether you’re filing as an individual taxpayer or running a business, we can provide solutions tailored to you. Contact us at 786-225-5532 for help ensuring tax compliance and maximizing tax savings.

The IRS has announced its annual inflation-adjusted income tax brackets and other amounts. For 2026, the highest rate (3...
11/21/2025

The IRS has announced its annual inflation-adjusted income tax brackets and other amounts. For 2026, the highest rate (37%) will apply to taxable income over $640,600 for singles and heads of households ($768,700 for married couples filing jointly and $384,350 for married taxpayers filing separately). The standard deduction is increasing to $16,100 for singles and married taxpayers filing separately ($32,200 for married couples filing jointly and $24,150 for heads of households). Single filers age 65 or older will be eligible to take an additional deduction of $2,050 ($1,650 per spouse for married filers). Alternative minimum tax exemptions and adoption credits are among the other items that have been adjusted for 2026. Contact us at 786-225-5532 if you have questions about the impact of inflation adjustments on your tax situation.

Sponsoring a qualified retirement plan is a tried-and-true way to help attract and retain employees. Among the most popu...
11/19/2025

Sponsoring a qualified retirement plan is a tried-and-true way to help attract and retain employees. Among the most popular options is a 401(k). Your business’s contributions are tax deductible, and you may be able to use matching and a vesting schedule to encourage employees to stay with your company. But 401(k)s come in many varieties. Please contact us at 786-225-5532 for help choosing the right one for your business (or another type of retirement plan).

Fraud often hides in plain sight. Some red flags to watch for include reporting delays, unexplained cash shortages, miss...
11/17/2025

Fraud often hides in plain sight. Some red flags to watch for include reporting delays, unexplained cash shortages, missing inventory, inconsistent financial reports, duplicate payments and vendors you don’t recognize. You may also notice employees who resist sharing responsibilities, override company policies or avoid taking vacations. Don’t ignore your instincts. We can help investigate financial anomalies, identify weak controls and recover losses. Call us at 786-225-5532 to strengthen your internal controls and gain peace of mind.

Taxpayers involved in a dispute with the IRS may want to consider using one of the IRS’s alternative dispute resolution ...
11/14/2025

Taxpayers involved in a dispute with the IRS may want to consider using one of the IRS’s alternative dispute resolution (ADR) mediation programs. These programs can help taxpayers efficiently resolve tax issues with the IRS. Taxpayers for whom mediation can be a good option include those who don’t have many disputed issues or who’re seeking an early resolution to issues under audit. Mediation doesn’t replace the audit or collection processes. The IRS’s Independent Office of Appeals has five ADR programs: Fast Track Settlement, Fast Track Mediation Collection, Post Appeals Mediation, the Rapid Appeals Process and Early Referral. Call us at 786-225-5532 for details if you have a tax dispute with the IRS.

Running a business is challenging. Managing the finances of your business doesn’t have to be. From bookkeeping and accou...
11/12/2025

Running a business is challenging. Managing the finances of your business doesn’t have to be. From bookkeeping and accounting to tax planning and business advisory, we provide comprehensive services designed to keep your business on track and winning. Let us handle the numbers so you can focus on what matters most: operating a profitable business. Contact us at 786-225-5532.

Conventional wisdom says your mortgage should retire before you do. If you pay it off, you’ll enjoy a lower cost of livi...
11/10/2025

Conventional wisdom says your mortgage should retire before you do. If you pay it off, you’ll enjoy a lower cost of living — not to mention the psychological boost of owning your home! But if mortgage interest provides an income tax advantage or you need to prioritize paying off other, high-interest debt, you may want to hold on to your mortgage. Contact us at 786-225-5532. We can help you weigh the pros and cons.

Investors willing to make long-term investments in economically distressed communities have a tax incentive for doing so...
11/07/2025

Investors willing to make long-term investments in economically distressed communities have a tax incentive for doing so: the Qualified Opportunity Zone (QOZ) program. It allows investors to defer the tax (and potentially ultimately reduce it) on recognized capital gains by reinvesting those gains in Qualified Opportunity Funds (QOFs) that, in turn, invest in QOZs. The IRS has issued guidance on two QOZ program-related provisions of the One Big Beautiful Bill Act: the definition of “rural area” and the application of the substantial improvement threshold for certain improvements to property in a QOZ located entirely in a rural area. Contact us at 786-225-5532 for more information.

Severe weather and other threats to a business’s ability to operate can occur at any time. Although you can’t foresee ev...
11/05/2025

Severe weather and other threats to a business’s ability to operate can occur at any time. Although you can’t foresee every disaster, you can put together a comprehensive business continuity plan that addresses most potential threats. If you don’t have a plan in place, implement basic protections immediately, such as an evacuation strategy and insurance. But, from there, take your time to get it right. Contact us at 786-225-5532 for help identifying and managing the costs associated with a business continuity plan.

Address

2717 Commercial Center Boulevard, Ste E200
Katy, TX
77494

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