Small Business Accountant 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 has brought a wave of new LLCs, sole proprietorships, and S-Corps to the area, from service businesses along US-75 to boutique retailers in the Historic Downtown Square. With a median household income around $105,000, McKinney residents are building real businesses that demand more than a shoebox of receipts and a prayer at tax time.
Our Services
Our Small Business Tax and Accounting Services for McKinney Clients
We handle the full financial picture for McKinney small businesses, not just a once-a-year tax filing. Here is exactly what our clients receive:
- Business tax preparation for LLCs, S-Corps (Form 1120S), partnerships (Form 1065), and sole proprietors (Schedule C), including K-1 preparation for multi-member entities
- Monthly bookkeeping with bank reconciliation so your books are clean, current, and ready for tax season without a year-end scramble
- Payroll processing bundled with bookkeeping, covering federal payroll tax filings and quarterly reports
- Texas franchise tax and Public Information Report filing, due annually by May 15 to the Texas Comptroller
- Sales tax compliance for McKinney retailers and service providers collecting Texas sales tax (6.25% state plus up to 2% local)
- Entity formation and S-Corp election guidance, including Texas LLC filing with the Secretary of State and IRS Form 2553 for S-Corp status
Why McKinney Businesses and Residents Choose AG Freideman
Al Freideman handles your account personally. When you hire AG Freideman, you work directly with Al, a licensed CPA with over 30 years of experience across multiple industries. McKinney business owners tell us they are tired of being handed off to junior staff at larger practices. That does not happen here.
Virtual appointments make the distance a non-issue. Our office is on Preston Road in North Dallas, about 30 minutes south of McKinney. But most of our McKinney clients work with us entirely through virtual meetings, secure document sharing, and phone calls. You get the same personal attention without the commute down US-75.
Transparent pricing with no surprises. Schedule C preparation runs $750 to $1,200. S-Corp and partnership returns range from $1,000 to $2,000. Monthly bookkeeping with payroll starts at $300 to $600 per month. We publish our pricing because McKinney business owners deserve to know what they are paying before they commit.
52 five-star Google reviews and zero negative reviews. Every single client review is five stars. That track record reflects what McKinney clients experience: thorough work, honest advice, and a CPA who picks up the phone.
Small Business Tax and Accounting Questions from McKinney Clients
What does a small business accountant do that tax software cannot?
A licensed CPA reviews your full financial situation, identifies deductions that software misses, ensures your entity structure is tax-efficient, and handles compliance filings like the Texas franchise tax. For McKinney businesses with employees, inventory, or multiple revenue streams, the difference between a CPA and DIY software often amounts to thousands of dollars in missed deductions and avoided penalties.
How much do small business accounting services cost in McKinney?
At AG Freideman, sole proprietor tax preparation (Schedule C) costs $750 to $1,200. S-Corp and partnership returns run $1,000 to $2,000. Monthly bookkeeping with payroll processing is $300 to $600 per month. Texas franchise tax filing runs $250 to $500 annually. These are flat-fee ranges based on complexity, not hourly billing that spirals out of control.
Do I need to file Texas franchise tax if my McKinney business is small?
Yes. Every Texas LLC, corporation, and partnership must file a franchise tax report with the Texas Comptroller by May 15 each year, even if your revenue falls below the no-tax-due threshold. Failing to file can result in forfeiture of your entity’s right to do business in Texas. We handle franchise tax filings for McKinney clients for $250 to $500 per year.
Should my McKinney business elect S-Corp status?
An S-Corp election can reduce self-employment tax if your business generates consistent net income above roughly $40,000 to $50,000 per year. Many McKinney service businesses, from healthcare consultants near the Collin County medical corridor to professional services in the downtown district, save meaningfully with this election. We evaluate whether the payroll tax savings outweigh the added compliance costs during a tax planning session ($197 and up).
Can I work with AG Freideman without driving to Dallas?
Absolutely. The majority of our McKinney clients work with us virtually. We use secure document portals, video meetings, and phone calls for everything from onboarding to tax filing. You never need to leave McKinney unless you prefer an in-person meeting at our Preston Road office.
What if my McKinney business received an IRS notice?
We provide IRS representation for audit defense, back taxes, and penalty abatement at $200 per hour. Al Freideman handles IRS correspondence directly, so you do not have to deal with the IRS yourself. Many McKinney business owners come to us after receiving a notice and stay for ongoing tax and bookkeeping support.
Get Started from Anywhere in McKinney
Whether your business operates out of Historic Downtown McKinney, the commercial developments along US-75, or your home office in one of McKinney’s growing residential communities, we make it easy to get professional accounting support. Your free consultation with Al Freideman covers your current tax situation, your entity structure, and what year-round services would look like for your business. There is no obligation and no pressure. Call (972) 893-3481 or book directly at agfreideman.com/meeting/ to schedule your first conversation.
Related Services & Nearby Areas
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.