Tax Preparation in McKinney, TX
McKinney has earned its reputation as one of the fastest-growing cities in the country, ranked #6 by U-Haul in 2025 for inbound moves. That growth brings a diverse tax picture: Collin County government employees with W-2 income and public retirement contributions, healthcare professionals along the expanding medical corridor, Collin College faculty juggling educator credits, and a rising number of self-employed residents launching businesses in and around Historic Downtown McKinney. With a median household income around $105,000, most McKinney households are well past the point where a basic software return leaves money on the table.
Our Services
Our Tax Preparation Services for McKinney Clients
Every engagement begins with a one-on-one conversation about your specific financial situation. Here is exactly what McKinney clients receive when they work with us:
- Individual Form 1040 preparation covering wages, investment income, rental properties, retirement distributions, and all applicable credits and deductions, including Schedule A itemization for McKinney homeowners with significant property tax and mortgage interest.
- Self-employment and Schedule C returns for McKinney sole proprietors, freelancers, and independent contractors, with proper expense categorization and quarterly estimated tax guidance.
- S-Corp and Partnership returns (Form 1120S/1065) with K-1 preparation for multi-member McKinney businesses, ensuring each owner’s distribution flows correctly to their personal return.
- Texas Franchise Tax and Public Information Report filing for McKinney LLCs, corporations, and partnerships required to file annually with the Texas Comptroller.
- Prior-year and amended returns for clients who need to correct past filings or catch up on unfiled years.
- IRS notice response and audit support so you have a licensed CPA in your corner if the IRS contacts you after filing.
Why McKinney Businesses and Residents Choose AG Freideman
Al handles your return personally. When McKinney clients call, Al answers. When your return is filed, Al reviewed it. You will never be passed to junior staff or a rotating pool of associates. That personal attention is why we have 52 five-star Google reviews and zero negative reviews.
30+ years of experience across industries. McKinney’s economy spans government, education, healthcare, construction, and a fast-growing small business sector. Al has prepared returns across all of these industries and knows the deductions, entity structures, and compliance requirements specific to each one.
Virtual appointments designed for McKinney’s commuters. Many McKinney residents already commute south for work. We handle everything through secure document upload and video consultations so your tax preparation fits your schedule, not the other way around.
Transparent pricing with no surprises. Individual returns start at $450 for a basic Form 1040 and $550 for itemized returns. Business returns range from $750 for Schedule C filings to $1,000 and up for S-Corp and Partnership returns. We quote your price before we begin, and that is the price you pay.
Tax Preparation Questions from McKinney Clients
How much does tax preparation cost in McKinney?
Our individual tax preparation starts at $450 to $600 for a basic Form 1040 without itemized deductions, and $550 to $650 for returns with Schedule A itemization and additional credits. Schedule C sole proprietor returns run $750 to $1,200. S-Corp and Partnership returns (Form 1120S or 1065 with K-1 preparation) range from $1,000 to $2,000 depending on complexity. We publish our pricing upfront so McKinney clients know exactly what to expect before we start.
When should I hire a CPA instead of using tax software?
If your situation involves anything beyond a single W-2 and standard deduction, a licensed CPA will almost always find deductions and credits that software misses. McKinney homeowners with significant property taxes, residents with investment or rental income, anyone with self-employment earnings, and business owners filing entity returns all benefit from professional preparation. At McKinney’s median household income of $105,000, the cost of a CPA typically pays for itself in tax savings.
Do McKinney residents pay state income tax?
No. Texas has no state personal income tax, so McKinney residents file only a federal return for individual taxes. However, if you own a business entity (LLC, S-Corp, or partnership) operating in Texas, you are likely required to file a Texas Franchise Tax return with the Comptroller by May 15 each year. We handle both federal returns and Texas Franchise Tax filings for McKinney business owners.
What documents do I need to bring to my tax appointment?
For individual returns: W-2s, 1099s (investment, freelance, retirement), mortgage interest statements (Form 1098), property tax records, charitable donation receipts, health insurance forms (1095-A/B/C), and a copy of last year’s return. For business returns: a full year of income and expense records, bank and credit card statements, payroll reports, asset purchase documentation, and prior-year business returns. We send McKinney clients a detailed checklist before your appointment so nothing is missed.
Can I work with AG Freideman without driving to your Dallas office?
Absolutely. The majority of our McKinney clients work with us entirely through secure virtual appointments. You upload documents through our encrypted portal, we prepare your return, and we review everything together by video call. You get the same personal attention from Al without leaving McKinney.
Does AG Freideman handle McKinney business formation and ongoing compliance?
Yes. Beyond tax preparation, we offer Texas LLC formation ($350 plus the $300 state filing fee to the Secretary of State), registered agent services ($149 per year, included free with any tax or bookkeeping engagement), monthly bookkeeping and payroll ($300 to $600 per month), and sales tax filing. Many McKinney business owners bundle these services so their books, payroll, and tax returns all flow together under one CPA.
Get Started from Anywhere in McKinney
Whether you are in Craig Ranch, Tucker Hill, or right off the historic downtown square, getting started with AG Freideman is simple. Book a free, no-obligation consultation at agfreideman.com/meeting/ or call (972) 893-3481. Al Freideman will review your situation, explain exactly what your return requires, and quote a transparent price before any work begins. McKinney deserves a CPA who treats every client like their only client, and that is exactly how we operate.
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.