Cornelius, Stegent & Price, LLP

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"It's the little details that are vital. Little things make big things happen." - John Wooden

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With over 90% of our clients coming from client referrals, we have created a culture of trust and confidence.

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Products & Services

Tax Planning

We monitor the changes in the tax law that could affect you and recommend tax saving strategies. We will file all your tax returns and serve as your a...

Tax Return Preparation

Today's tax laws are so complicated that unless your financial affairs are extremely simple, chances are you will benefit from at least occasional hel...

Financial Statements

We can prepare or supervise the preparation of your financial statements. Compiled or reviewed statements can be provided according to your needs. Mor...

Estate & Gift Tax Planning

You can't take it with you, but failing to plan for your estate can mean that the government, rather than your heirs, may get the major portion of you...

Our Team

Richard A. Price

CPA

Mr. Price serves as president and managing director of Cornelius, Stegent & Price, LLP. His practice currently focuses on entity planning, consulting and family wealth (Estate) planning.

Donellen G. Cornelius

CPA/PFS, CFP®

Ms. Cornelius is a founding director of Cornelius, Stegent & Price, LLP. She began her career in public accounting with Arthur Andersen & Co. in 1977 and later served as Audit Partner with another Houston regional public accounting firm.

Loyd J. Stegent

CPA/PFS, CFP®

Mr. Stegent is a founding director of Cornelius, Stegent & Price, LLP. He is also the founder and President of Stegent Equity Advisors, Inc., a fee-for-service investment and financial counseling firm.

Blog

Spousal Business and the 199A Deduction

by Firm Staff on Oct 24, 2019

Say both you and your spouse have your own pass-through businesses. Your spouse’s business provides paid services to your business. Could this arrangement cause you problems when claiming a Section 199A deduction?

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