Tax Planning CPA in Frisco, TX
Frisco households earn a median income of roughly $125,000, and many earn well above that thanks to equity compensation packages from corporate employers along the Dallas North Tollway corridor. With no Texas state income tax, residents sometimes assume their tax situation is simple. In reality, higher incomes bring complex federal obligations: capital gains on investment property, restricted stock unit (RSU) vesting schedules, self-employment income from side businesses in the SoSo District, and retirement contribution limits that shift each year. Without a proactive tax planning strategy, Frisco families and business owners routinely overpay by thousands of dollars.
Our Services
Our Tax Planning Services for Frisco Clients
Every tax planning engagement starts at $197 and is tailored to your specific income sources, business structure, and goals. Here is what Frisco clients receive:
- Income projection and tax liability estimate: We model your expected federal tax bill for 2026 based on current earnings, investment gains, and any anticipated changes such as a home sale or business launch in Frisco.
- Entity structure review: For Frisco business owners operating as sole proprietors or single-member LLCs, we evaluate whether an S-Corp election could reduce self-employment tax. Texas LLC formation is $350 plus the $300 Secretary of State filing fee, and we handle the entire process.
- RSU and equity compensation strategy: Many Frisco professionals receive restricted stock units or incentive stock options from major employers. We map vesting schedules against your other income to determine whether selling, holding, or making an 83(b) election saves the most in federal taxes.
- Retirement contribution optimization: We calculate the maximum allowable contributions to SEP-IRAs, Solo 401(k) plans, or employer-sponsored plans and show you the exact dollar impact on your tax bill.
- Real estate and rental property analysis: Frisco’s rapid growth makes investment property common here. We review depreciation schedules, cost segregation opportunities, and 1031 exchange timing.
- Year-end action plan: You leave with a written checklist of moves to make before December 31, including estimated tax payment adjustments, charitable giving strategies, and expense timing.
Why Frisco Businesses and Residents Choose AG Freideman
30+ years of tax experience, one CPA: Al Freideman has spent three decades helping clients across multiple industries. When a Frisco restaurant owner near The Star needs different planning than a Frisco dentist on Main Street, Al has the depth to handle both without handing you off to a junior associate.
Virtual appointments that serve all of Frisco: Our office is on Preston Road in North Dallas, roughly 20 minutes from most Frisco neighborhoods. But most of our Frisco tax planning clients meet with Al virtually. You get the same one-on-one session without fighting traffic on the tollway.
Transparent pricing with no surprises: Tax planning sessions start at $197. We quote your cost upfront, and that is the price you pay. If your situation calls for ongoing quarterly check-ins or a full bookkeeping engagement ($300 to $600 per month), we discuss that openly before any work begins.
52 five-star Google reviews: Every single review is five stars. Frisco clients trust us because we deliver results, answer our phone, and treat every return as if it were our own.
Tax Planning Questions from Frisco Clients
What is the difference between tax planning and tax preparation?
Tax preparation is filing your return after the year ends, reporting what already happened. Tax planning is the work we do before year-end to reduce what you owe. We project your income, recommend timing for deductions and contributions, and restructure your business entity if needed. Planning changes the outcome; preparation just reports it.
When should tax planning start?
The best time is early in the calendar year, ideally January through March, so we have a full year to implement strategies. The second-best time is right now. Even a session in September or October gives us enough runway to accelerate deductions, adjust estimated payments, and maximize retirement contributions before December 31.
How do RSUs and stock options get taxed?
RSUs are taxed as ordinary income at the federal level when they vest. Your employer typically withholds a flat 22% for federal tax, which is often not enough for Frisco earners in the 32% or 35% bracket. Stock options have different rules depending on whether they are incentive stock options (ISOs) or non-qualified stock options (NSOs). We map each vesting event against your other income to avoid underpayment penalties and identify the best time to sell.
Is tax planning worth it at my income level in Frisco?
At Frisco’s median household income of $125,000, you are already in the 22% to 24% federal bracket. Most of our Frisco clients save well over the cost of a $197 planning session through strategies like maximizing retirement contributions, properly timing capital gains, or electing S-Corp status. The higher your income, the larger the savings, but even at the median level, the math almost always favors working with a CPA.
Does Texas charge a state income tax that affects my plan?
Texas has no state personal income tax, which is one reason Frisco has attracted so many high-income households. However, if you own a business, you are likely subject to the Texas Franchise Tax (also called the margin tax), which is due by May 15 each year. We include franchise tax planning in our business client engagements, and we file the annual Franchise Tax and Public Information Report for $250 to $500.
Can I combine tax planning with other services at AG Freideman?
Yes. Many Frisco clients start with a tax planning session and then bundle ongoing bookkeeping, payroll, and annual tax preparation so that everything flows together under one CPA. Registered agent services ($149 per year) are included free with any tax or bookkeeping engagement. This means your books, your filings, and your strategy are all handled by Al personally.
Get Started from Anywhere in Frisco
Whether you live near Frisco Square, run a business along the Dallas North Tollway, or work at one of Frisco’s major employers like PGA of America or Baylor Scott and White, we make tax planning simple. Most Frisco clients meet with Al virtually for their initial consultation. There is no obligation and no cost for the first call. We will review your situation, tell you exactly what we recommend, and quote a transparent price before any work begins. Call (972) 893-3481 or visit agfreideman.com/meeting/ to schedule your free consultation today.
Visit Our Office
Address: 17304 Preston Rd Ste 861, Dallas, TX 75252
Phone: (972) 893-3481
We also offer virtual appointments for clients throughout the DFW metroplex who prefer to meet remotely.
Book a Meeting"I had worked with the same accountant for more than 10 years, so finding a new one was a significant decision. While my previous accountant did a great job, they were located out of state, and I wanted someone local…"
Ready to Get Started?
Book your free consultation with Al Freideman, CPA. 30+ years experience serving Dallas-Fort Worth.