Peggy S Breeding

Welcome to our accounting firm, where we are dedicated to helping business owners, executives, and independent professionals manage their finances with ease and confidence. Our experienced team, led by Peggy S. Breeding, CPA, PLLC, provides a wide array of accounting, tax, and financial management services tailored to meet the unique needs of McKinney businesses.

Our Services

At our firm, we offer a comprehensive range of services designed to help you navigate the financial landscape of your business. Our services include:

• Tax Services: We provide all tax services for various entities, including corporations, partnerships, multi-state, and individuals. Our expertise ensures that you comply with all tax regulations while optimizing your tax liability.
• Accounting and Bookkeeping: Our team can help you maintain accurate financial records, reconcile your bank statements, and manage your accounts payable and receivable. We use this information to generate financial reports that give you a clear picture of your business's financial health.
• Incorporation and Business Entity Formation: We guide you through the process of setting up your business structure, ensuring that it aligns with your goals and objectives while minimizing tax implications.
• Accounting Software Assistance: We offer assistance with accounting software, including QuickBooks, to help you manage your finances effectively. Our team can train you on how to use this software to its fullest potential.
• Strategic Tax Consulting: Our team provides strategic tax consulting services, helping you make informed decisions that minimize your tax liability and maximize your financial growth.
• Financial Statement Preparation: We prepare financial statements that adhere to professional standards, providing an accurate representation of your business's financial position.
• State and Local Taxes: We manage sales and use tax, property taxes, franchise taxes, and other state and local taxes, ensuring that your business complies with all relevant regulations.
• Payroll: Our payroll services include processing payroll, setting up or changing employee information, managing payroll tax filings, and preparing W-2s. This allows you to focus on managing your business, knowing that your payroll is being handled efficiently and accurately.
• Business Loan Assistance: We guide you through the process of applying for business loans, helping you present your financial information in the best possible light.
• Budgets and Financial Projections: Our team can help you create accurate budgets and financial projections, allowing you to make informed decisions for your business's future.
• Business Plan Development: We assist you in creating a comprehensive business plan, setting your business up for success from the start.
• IRS Audits and e-file: We represent clients in IRS audits, ensuring that they are treated fairly and equitably during the audit process and assisting with e-file to ensure timely tax filing.

Industry-Specific Services

In addition to our general services, we offer customized services for clients in specific industries, such as professional services, consumer services, and non-profit services. We understand the unique challenges, compliance needs, and industry-standard tax practices for each sector, enabling us to provide tailored support that meets your specific requirements.

QuickBooks Training Classes

We offer hands-on QuickBooks training classes to help you make the most of your software investment. Our small group courses provide personalized attention and direction, allowing you to learn how to set up a company, customize accounts, create invoices, record customer payments, make deposits, and write checks. You'll also learn how to process payroll, set up or change employee information, and manage tax filings.