Small Business Accountant in Allen, TX
Allen has earned its reputation as one of the best places to live in Texas, and the city’s growth is fueling a wave of small business activity along the US-75 corridor, around Watters Creek, and throughout the Exchange Parkway commercial district. With a median household income around $110,000, Allen residents have real spending power, and local entrepreneurs are building LLCs, S-Corps, and sole proprietorships to capture that demand. Whether you run a professional services practice near Allen Premium Outlets or a contracting company serving Lovejoy and Allen ISD projects, you need a CPA who understands both Texas tax law and the specific opportunities in this market.
Our Services
Our Small Business Tax and Accounting Services for Allen Clients
Allen business owners who work with us get a complete financial support system, not just a once-a-year tax filing. Here is exactly what we deliver:
- 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 every year.
- Monthly bookkeeping and payroll: Bank reconciliation, expense categorization, 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, so you never miss the May 15 deadline or face penalties from the Texas Comptroller.
- LLC formation and S-Corp election: Entity setup ($350 plus the $300 state filing fee to the Texas Secretary of State), plus guidance on whether S-Corp election makes sense for your income level.
- Sales tax filing and compliance: Texas charges 6.25% state sales tax plus up to 2% local tax (8.25% maximum in Allen). We handle your filings based on your reporting frequency and complexity.
- IRS representation: If you receive an audit notice, owe back taxes, or need penalty abatement, Al represents you directly at $200 per hour.
Why Allen Businesses and Residents Choose AG Freideman
30+ years of hands-on experience: Al Freideman has worked with small businesses across dozens of industries, from retail shops like those in Allen’s Watters Creek district to service providers along the Exchange Parkway corridor. He has seen every tax situation and knows where to find deductions that less experienced accountants miss.
Personal attention from a licensed CPA: Many Allen business owners come to us after being bounced between junior associates at larger practices. At AG Freideman, Al handles your account himself, year after year. He knows your business, your goals, and your financial picture.
Virtual appointments that fit your schedule: Our Preston Road office is a quick trip down US-75 from Allen, but most of our Allen clients prefer meeting virtually. You get the same one-on-one CPA relationship without fighting traffic on 75 or the Dallas North Tollway.
Transparent pricing and 52 five-star Google reviews: We publish our pricing on our website because we believe you deserve to know what you will pay before you commit. Every one of our 52 Google reviews is five stars, and we have never received a negative review. Allen clients trust us because we earn that trust with every engagement.
Small Business Accountant Questions from Allen Clients
What does a small business accountant do that tax software cannot?
A licensed CPA like Al Freideman reviews your entire financial picture: entity structure, deduction strategy, payroll setup, and compliance obligations like Texas franchise tax. Tax software can fill in forms, but it cannot advise you on whether your Allen-based LLC should elect S-Corp status or how to structure owner distributions to reduce self-employment tax. That professional judgment is what saves business owners real money.
How much do small business accounting services cost in Allen?
At AG Freideman, sole proprietor tax returns (Schedule C) run $750 to $1,200. S-Corp and partnership returns cost $1,000 to $2,000 depending on complexity. Monthly bookkeeping with payroll processing is $300 to $600 per month. These are transparent, flat-fee prices with no hidden charges.
Do I need to file Texas franchise tax for my Allen business?
Yes. Most Texas LLCs, S-Corps, partnerships, and professional associations must file a franchise tax report and Public Information Report with the Texas Comptroller by May 15 each year. Businesses with total revenue below $2.47 million (the 2026 no-tax-due threshold) still must file the report even if they owe nothing. We handle this filing for Allen clients for $250 to $500.
Should my Allen business elect S-Corp status?
S-Corp election can save significant self-employment tax if your business net income consistently exceeds roughly $50,000 to $60,000 per year. Given Allen’s high median household income and the concentration of professional service businesses along the US-75 corridor, many of our Allen clients benefit from this election. Al will run the numbers during a tax planning session ($197 and up) and give you a clear recommendation.
Does Texas have a state income tax I need to worry about?
No. Texas has no state personal income tax. However, Texas does impose a franchise tax (also called the margin tax) on most business entities, and businesses that sell taxable goods or services must collect and remit sales tax. These obligations are separate from your federal return, and we handle all of them for our Allen clients.
Can I work with AG Freideman entirely online from Allen?
Absolutely. Most of our Allen clients work with us virtually through secure document sharing and video consultations. You get the same personal attention from Al that you would in person. If you prefer a face-to-face meeting, our office at 17304 Preston Road Suite 861 in Dallas is about 20 minutes south of Allen on US-75.
Get Started from Anywhere in Allen
Working with us is simple. Book a free, no-obligation consultation at agfreideman.com/meeting/ or call (972) 893-3481. Al will review your current business setup, identify where you may be overpaying or missing deductions, and outline exactly what your engagement would include and cost. Whether you are launching a new LLC near Watters Creek or managing a growing S-Corp along Exchange Parkway, we will handle the accounting so you can focus on running your Allen business.
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.