Small Business Accountant in Wylie, TX
Wylie has earned its reputation as one of the most sought-after suburbs in the country, ranked #7 nationally by MoveBuddha in 2025. That growth is fueling a wave of new small businesses along the city’s expanding retail and restaurant corridors, near Lake Ray Hubbard, and throughout Wylie’s established commercial districts. With a median household income around $95,000, residents here have the spending power to support local entrepreneurs, and those entrepreneurs need a CPA who understands how to keep their finances tight from day one.
Our Services
Our Small Business Tax and Accounting Services for Wylie Clients
Every engagement is tailored to your business structure and industry, but here is what Wylie small business owners typically receive when they work with us:
- Business tax preparation: Schedule C returns for sole proprietors ($750 to $1,200), S-Corp and partnership returns including K-1 preparation ($1,000 to $2,000), filed accurately and on time.
- Monthly bookkeeping and payroll: Bank reconciliation, categorized transactions, and payroll processing so your books are always tax-ready ($300 to $600 per month).
- Texas franchise tax and Public Information Report filing: Annual compliance handled for $250 to $500, keeping your entity in good standing with the Texas Comptroller.
- LLC formation and registered agent services: We set up your Texas LLC for $350 plus the $300 Secretary of State filing fee. Registered agent service is $149 per year, or included free with any tax or bookkeeping engagement.
- Sales tax filing and compliance: Collection, remittance, and reporting at the correct combined rate (Texas state rate of 6.25% plus applicable local rates, up to 8.25% maximum), quoted based on your filing frequency.
- Tax planning and S-Corp election strategy: One-time strategy sessions starting at $197 to determine whether your Wylie business should elect S-Corp status, restructure, or take advantage of deductions you may be missing.
Why Wylie Businesses and Residents Choose AG Freideman
30+ years of hands-on experience: Al Freideman has worked with small businesses across dozens of industries, from restaurants and retail shops to construction and professional services. Wylie’s growing mix of business types fits squarely within the situations he has handled thousands of times.
Virtual appointments that reach every corner of Wylie: Our office is on Preston Road in North Dallas, centrally located for in-person meetings. But most of our Wylie clients work with us entirely through virtual appointments, secure document uploads, and phone calls. You get a dedicated CPA without the commute down 78 or the George Bush Turnpike.
Transparent pricing with no surprises: We publish our rates because Wylie business owners deserve to know what they are paying before they commit. The prices listed above are the prices you pay. No hidden fees, no bait-and-switch.
52 five-star Google reviews: Every single review is five stars. Wylie clients who value personal attention and accuracy find the same quality of service that earned those reviews, because Al handles every account himself.
Small Business Tax and Accounting Questions from Wylie Clients
What does a small business accountant do?
A small business accountant handles your bookkeeping, prepares and files your tax returns, manages payroll, ensures compliance with state and federal requirements, and advises on tax-saving strategies. For Wylie business owners, that also includes Texas-specific obligations like franchise tax filings and sales tax compliance. We take care of the financial side so you can focus on running your business.
How much do small business accounting services cost in Wylie?
At AG Freideman, sole proprietor tax preparation (Schedule C) runs $750 to $1,200. S-Corp and partnership returns cost $1,000 to $2,000. Monthly bookkeeping with payroll is $300 to $600 per month. These are flat-fee ranges based on complexity, not hourly billing that spirals out of control. We quote your price upfront during your free consultation.
Do I need to file Texas franchise tax for my Wylie business?
Yes. Most Texas LLCs, corporations, and partnerships are required to file a franchise tax report and Public Information Report with the Texas Comptroller by May 15 each year. Businesses with total revenue below the no-tax-due threshold (currently $2.47 million) still must file the report even if they owe nothing. We handle this filing for $250 to $500 and make sure your entity stays in good standing.
Should my Wylie business elect S-Corp status?
It depends on your net income. Generally, when a sole proprietor or single-member LLC earns enough that self-employment taxes become a significant burden (often around $50,000 to $60,000 in net profit), electing S-Corp status can reduce those taxes by paying yourself a reasonable salary and taking remaining profit as distributions. We evaluate your specific numbers during a tax planning session (starting at $197) and give you a clear recommendation.
Does Texas have a state income tax that affects my small business?
No. Texas has no state personal income tax, which is one reason the Wylie area continues to attract new residents and businesses. However, Texas does impose the franchise tax (margin tax) on business entities, and businesses that sell taxable goods or services must collect and remit sales tax. We make sure your Wylie business meets every Texas obligation without overpaying.
Can I work with AG Freideman without driving to your Dallas office?
Absolutely. The majority of our Wylie clients work with us virtually. You upload documents through our secure portal, we handle everything on our end, and we meet by phone or video whenever you have questions. If you prefer a face-to-face meeting, our Preston Road office in North Dallas is a straightforward drive from Wylie.
Get Started from Anywhere in Wylie
Whether your business is near Wylie’s downtown corridor, along the Lake Ray Hubbard waterfront, or in one of the city’s newer commercial developments, we make it easy to get started. Book a free, no-obligation consultation at agfreideman.com/meeting/ or call Al Freideman directly at (972) 893-3481. We will review your current tax situation, explain exactly what our services cost, and build a plan that keeps your Wylie business compliant, tax-efficient, and growing.
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.