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.
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.
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.
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.
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.
If you’ve been recently discharged from the armed forces — or are about to be discharged — you’re intimately aware that civilian life is vastly different from military life. The transition you’re facing is a major change in just about all aspects of your life and will have a dramatic impact on your finances. The choices and actions you take during this time can make things harder or set you up for success.
If you have a disabled or blind child or other family member, or are disabled or blind yourself, you should know about ABLE accounts. These tax-advantaged accounts can be a real game changer for the disabled.