AFairchild CPA
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05/19/2026
💡 Why cash does not equal profit
One of the most important concepts for business owners to understand is that profit and cash are not the same thing—and confusing the two can lead to serious financial challenges.
At AFairchild CPA, we help businesses better understand their financial position, improve cash flow management, and make informed decisions for long-term success.
Connect with our team:
🌐 afairchildcpa.com
📱 214-731-7664
📣 We’re hiring! If you’re looking to grow your career in accounting, visit the Careers tab at afairchildcpa.com to submit your resume.
The new Schedule 1-A (Sch 1-A), introduced through the One Big Beautiful Bill (OBBB), creates a separate deduction schedule for a limited number of qualifying categories:
• Tips earned by eligible workers
• Overtime compensation
• Car loan interest
• Additional deductions for taxpayers age 65+
This is a targeted deduction schedule and does not apply to general deductions. Understanding eligibility and documentation requirements will be important for accurate tax filing moving forward.
At AFairchild CPA, we help individuals and businesses stay informed and prepared as tax laws evolve.
For questions or guidance, contact us at:
🌐 AFairchild CPA
📞 214-731-7664
We are also growing our team. Interested candidates can apply through the Careers tab on our website by submitting a resume.
05/13/2026
Understanding the difference between an audit, review, and compilation can make all the difference in your financial clarity. This breakdown shows how each service supports your business — from full assurance to simple financial statement preparation.
AFairchild CPA is here to answer your questions at afairchildcpa.com or 214‑731‑7664.
We’re also hiring. Ready to grow your accounting career? Apply on the Careers tab at afairchildcpa.com.
Click here to claim your Sponsored Listing.
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Address
16300 Addison Road, Suite 300
Addison, TX
75001
Opening Hours
| Monday | 8am - 5pm |
| Tuesday | 8am - 5pm |
| Wednesday | 8am - 5pm |
| Thursday | 8am - 5pm |
| Friday | 8am - 5pm |
