CPA Services in Flower Mound, TX | Wallace Advisory CPA

For business owners, real estate professionals, and self-employed individuals.

Tax Advisory

Plan Before Tax Season

A 12-month engagement for clients who want a tax plan in place before year-end, with their returns prepared by the same team that developed the plan.

One fixed fee for the 12-month engagement, set out in your engagement letter. Payroll and 1099 preparation are billed separately. Anything else outside the agreed scope is quoted and approved before we start.

Book Your Free 15-Minute Strategy Call

What’s Included

A strategic tax plan. The strategies that fit your business and household, with the reasoning behind each, including a look at how your business entity is set up.
Help putting the plan to work. You decide what to act on. We advise and help coordinate with your attorney, payroll provider, or plan administrator.
Quarterly planning meetings, including tax law changes we believe matter to you.
Current-year tax projections and estimated payment calculations.
Your tax returns. The individual and business returns listed in your engagement letter, prepared with the plan in hand.
An annual summary of the strategies you put in place and what they did.
Filing reminders for the returns and estimated payments we handle for you.

For individuals and businesses

Tax Preparation

File With Confidence

Accurate returns, filed electronically, with a person to call when you have a question. Bring your documents to the front desk or upload them through the client portal.

Talk to us about your return

What to bring to your appointment

Returns we prepare

Individuals and families (Form 1040), including rental property, investments, and self-employment.
S corporations (Form 1120-S)
Partnerships and multi-member LLCs (Form 1065)
C corporations (Form 1120)
State income tax returns for other states where you earn income.

You review and approve every return before it is filed. Information we receive close to a deadline may mean filing an extension. An extension gives more time to file, not more time to pay.

For business owners

Client Accounting

Know Your Numbers

You can't manage what you don't measure. We keep your books current so that planning meetings and tax season start from good numbers.

Add it to Tax Advisory and one team handles your books, your payroll, and your tax plan.

Ask about bookkeeping

What’s Included

An accounting specialist assigned to your business, reachable by phone and email.
Monthly bookkeeping in QuickBooks Online, with bank and credit card accounts reconciled.
Monthly reports and quarterly financial statements for management use, so you can see how the business is doing.
Payroll setup and administration.
Year-end numbers ready for your tax return.

We prepare financial statements for your own use in running the business. We do not perform audits, reviews, or compilations, and we do not provide assurance on financial statements.

When You Need Additional Help

Notices and one‑time projects

Received a letter from the IRS, need to amend a return, or have a question about a new venture? Call us. We’ll explain what’s involved and provide a quote before beginning the work.

Contact the office

Tax advisory, tax preparation, and client accounting.

Tax Advisory

Tax Preparation

Client Accounting

Notices and one‑time projects

Not Sure Which Service Is Right for You?

Ready to Start Planning Ahead?