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 advocate in all tax matters.
Cornelius, Stegent & Price, LLP
"It's the little details that are vital. Little things make big things happen." - John Wooden
With over 90% of our clients coming from client referrals, we have created a culture of trust and confidence.
Products & Services
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 help from a tax professional. It is too easy to overlook deductions and credits to which you are entitled if you prepare only one return a year.
Financial Statements
We can prepare or supervise the preparation of your financial statements. Compiled or reviewed statements can be provided according to your needs. More importantly, we can help you use these statements, as well as other reports, to better manage your business and increase your profitability.
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 your hard-earned money.
Financial Planning & Investment Review
We can review your investment ideas with you and your investment advisor and make recommendations to maximize your after-tax return. While taxes should not drive your investment strategy, understanding how taxes affect your earnings will help you minimize taxes and maximize your return.
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.
Audrey L. Crafton
CPA
Ms Crafton serves as a senior accountant with Cornelius Stegent & Price, LLP, which offers accounting, tax and consulting services to clients in business, government, and industry.
Blog
If your family has trouble with the kiddie tax, you face some new wrinkles for tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act (TCJA) tax reform. This is one of the many areas where tax planning can pay off.
Before tax reform, the de minimis safe harbor election was the best way to immediately expense the entire cost of your small-business assets for federal income tax purposes.
Qualified opportunity funds are a new tax-planning strategy created by the Tax Cuts and Jobs Act tax reform.
