Tim Thompson CPA PLLC

Tax Preparer
Coppell Texas 75019

469-628-2047 Click to dial

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Contact Details

  • Business
  • Tim Thompson CPA PLLC
  • Logo
  • Tim Thompson CPA PLLC Company Logo by Tim Thompson CPA PLLC in Coppell TX
  • Online Social Profiles
  • Phone Number
  • 469-628-2047
  • Location
  • 537 Houston St
    Coppell, TX 75019
    United States of America

Professional Background

  • Hours of Operation
  • M-F 9AM - 6PM
  • Accepted Forms of Payments
  • Cash, Check, Credit Card, PayPal, Zelle, Venmo
  • Fee Structure
  • Case by case basis
  • Credentials
  • CPA, MBA

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Tim Thompson CPA PLLC Member Articles


A Detailed Guide to Variations of Section 139

The Income Tax Service has classified the income of Indian citizens into five different categories, depending on their source of income. These categories mainly include homeownership,...


Is Foster Income Taxable or Not?

Is Foster Income Taxed?Payments received as Foster Income are NOT taxable, so you do not need to report them. Suppose the assistance is provided to a qualified foster individual and...


Four things that Can Happen if You Lie on Your Tax

When you consider the amount of money you have to send to Uncle Sam every month, it might be tempting to forge figures and inflate your tax returns. Intentionally lying on your...


Top Tax Filing Mistakes and How to Avoid Them

As humans, mistakes are inevitable. Although, when you arm yourself with some information, you can avoid mistakes. When you have an error on your tax, it might not trigger a full audit....


Projected To Pay Taxes Next Year: What Are You Expected To Now?

With the next tax season around the corner, you might be wondering if you've paid enough tax this year. Don't worry, we have put together a list of cash flows you can achieve...


Understanding the Tax Implications of Divorce

Divorce is hard and horrible. But at times, love turns sour, and two people have to part ways. The singular decision of parting ways involves many things. There are a ton of decisions...


Dealing with IRS Trust Funds: How to Sort it out with the IRS

Business owners must file their tax and send what is due to the IRS the same way individual taxpayers do it. Companies must pay taxes on their profit alongside withholding taxes from...


Understanding Sales Tax

A sales tax is a consumption tax exacted by the government for the sale of goods or services. An established sales tax is levied at the store, collected by the retailer, and sent to...


What You Should Know About Early Retirement Withdrawal

You should be considering withdrawing from your retirement savings if you are out of work and need income. Normally you have to pay a 10 percent early withdrawal penalty if you will...


Important Things Small Business Owners Must Focus on in Crisis

Almost every business is suffering the impact of the COVID-19 pandemic. There are new challenges that companies must overcome. Everyone charged with the mandate of maintaining companies...


Trading ETFs in a Turbulent Market

Prices of securities in the past two months have gone haywire. One day stocks are crashing, the next day it’s zooming. There could be a bizarre dip of a low-risk bond fund in...


You’ll Need These IRS (Non-Stimulus) Tax Rules This Year

This year’s tax day has been delayed by the United States Internal Revenue Service from the 15th of April to the 15th of July. This means a lot of Americans won’t be worrying...


Municipal Bonds and How They Work

What is Municipal BondA municipal bond is a debt issued by a municipality, state, or a country to finance capital expenditures, including the construction of schools, highways, or...


Steps To Follow Before Tax Preparation

The federal government estimates that approximately 60% of people use paid tax preparers to complete and file their tax returns. If you fall into this category, you have nothing to...


What Happens If I Make the Minimum Payment On My Credit Card?

You may be tempted to pay the minimum amount due on your credit card statement, but it can be very costly.When you receive your credit card bill, you can usually pay three amounts:...


Your Refund Could Be in Danger with These Tax Scams

The number of tax-related identity theft has been increasing and the IRS has been monitoring these tax fraud events. Tax season excites identity thieves.According to Neil Chase, Vice...


How To Take Advantage of IRA for College Savings

Nowadays, education is quite expensive. The average cost of a four-year course on public university at the present is about $75000 which indicates that you can anticipate a doubled...


The New Partnership Audit Rules: How it affects You

Partners need to examine and review their operating agreement for them to effect the new audit rules. As of the 2017 tax year, the IRS examined tax returns from a partnership...


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