{"id":428,"date":"2018-08-23T14:29:24","date_gmt":"2018-08-23T14:29:24","guid":{"rendered":"https:\/\/huddlestontaxcpas.com\/?page_id=428"},"modified":"2025-09-24T09:22:17","modified_gmt":"2025-09-24T17:22:17","slug":"cpa","status":"publish","type":"page","link":"https:\/\/huddlestontaxcpas.com\/cpa\/","title":{"rendered":"Practice Groups"},"content":{"rendered":"\n<p>Looking for accountants who specialize in your particular industry? We have CPA practice groups tailored to your area of expertise. Having a CPA that understands your niche practice group will save you time and money. A CPA who understands your company model, churn rate, EBITDA and knows your invested shareholders is paramount. Our accounting experts specialize in the following industries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><strong><a href=\"https:\/\/huddlestontaxcpas.com\/cpa\/dentists\/\">Dental Practice<\/a><\/strong><\/h3>\n\n\n\n<p>As a dentist with your own practice, you\u2019ll need to determine which business entity to operate under. We can guide you on <a href=\"https:\/\/www.irs.gov\/newsroom\/new-tax-law-allows-small-businesses-to-expense-more-expands-bonus-depreciation\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">depreciation expenses<\/a> and what the tax implications are on leasing or buying equipment. <\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><strong><a href=\"https:\/\/huddlestontaxcpas.com\/cpa\/construction-engineering\/\">Construction or Engineering<\/a><\/strong><\/h3>\n\n\n\n<p>As someone working in the construction industry, you\u2019ll want to ask, \u201cWhich tax credits are available to me?\u201d Energy credits can be a great help in stretching your tax dollar. And you\u2019ll want to have a firm grasp on what qualifies as a business travel expense.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/huddlestontaxcpas.com\/cpa\/medical-professionals\/\"><strong>Medical or Healthcare Practice<\/strong><\/a><\/h3>\n\n\n\n<p>Our accountants have worked with doctors, surgeons, and business owners of medical practice groups. We understand the unique challenges medical professionals face. Given the long hours, you may need a seasoned medical accountant to make the process of logging hours more efficient. And our CPAs assist in advising on depreciable purchases. We can help you understand if you qualify for a FICA exception or are eligible for an insurance credit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><strong><a href=\"https:\/\/huddlestontaxcpas.com\/cpa\/tech\/\">Technology or SaaS Companies<\/a><\/strong><\/h3>\n\n\n\n<p>As someone working in technology, you\u2019ll want to pay close attention to the tax credits and incentives available to you. You may want to ask, \u201cWhat is the clean-energy tax credit, and does it apply to me?\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/huddlestontaxcpas.com\/cpa\/real-estate\/\"><strong>Real Estate and Realtors<\/strong><\/a><\/h3>\n\n\n\n<p>As a real estate owner, there are a number of considerations like, \u201cWhat is the difference between repairs and improvements, and what are the tax implications?\u201d \u201cWhat are some deductible rental expenses\u201d? \u201cHow do you determine depreciation, and what is cost segregation\u201d?<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/huddlestontaxcpas.com\/cpa\/lawyers\/\"><strong>Law Firms<\/strong><\/a><\/h3>\n\n\n\n<p>As a lawyer or someone working in the legal profession, you might work as part of a larger organization, or you might operate as a sole proprietor. As someone pursuing the law profession, you\u2019ll need to determine which business entity will work for you. Depending on your entity selection, there are different filing requirements. You\u2019ll want to ask, \u201cWhat should I do about unreimbursed expenses?\u201d \u201cWhat deductions are available to me\u201d? \u201cWould the cash method or the accrual method be best for me as a lawyer\u201d?<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><a href=\"\/cpa\/charitable-organizations\/\"><strong>Charitable Organizations<\/strong><\/a><\/h3>\n\n\n\n<p>If you operate as a charitable organization, you\u2019ll want to ask, \u201cWhat tax credits are available to me?\u201d \u201cWhat is the difference between a public charity and a private foundation\u201d?<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><strong><a href=\"https:\/\/huddlestontaxcpas.com\/accounting-services\/expatriate-taxes\/\">International or Expatriate<\/a><\/strong><\/h3>\n\n\n\n<p>If you&#8217;re living abroad, you can count on our CPAs to tackle your expat taxes. If you run a business in multiple countries, know that our accountants are deeply familiar with inventory tracking, charge backs, and returns. We&#8217;re fast to respond and fast to file.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p>Finding an accountant that understands your practice groups and the accounting implications of your specific industry can:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ensure you are implementing the right accounting plan to resolve these questions:<\/strong>\n<ul class=\"wp-block-list\">\n<li>What is the best bookkeeping method for me?<\/li>\n\n\n\n<li>Is there an accounting software for my needs?<\/li>\n\n\n\n<li>What accounting methods will accommodate my needs as my business grows and as I grow as a professional?<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Ensure you&#8217;re implementing a financial plan that takes advantage of each tax saving opportunity. <\/strong>\n<ul class=\"wp-block-list\">\n<li>What tax deductions are available to a professional in my line of work?<\/li>\n\n\n\n<li>How do I make a plan that ensures I gain the maximum deductions?<\/li>\n\n\n\n<li>What are the tax implications regarding business travel expenses?<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Frequently Asked Questions<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Can CPAs specialize?<\/h4>\n\n\n\n<p>Absolutely, it&#8217;s one of the hallmarks of an established firm, putting the right people on your specific account. Being a CPA, especially for small business owners, means being proactive with your company&#8217;s finances and the specific challenges you face. <\/p>\n\n\n\n<p>For instance, if you&#8217;re a realtor or own investment properties, then your CPA should immediately know what&#8217;s deductible vs what&#8217;s not. There&#8217;s a fine line between repairs and maintenance, and your accountant needs to know the difference for you to recoup expenses. <\/p>\n\n\n\n<p>Meanwhile, you may think a dental practice needs to purchase affordable equipment, but it may be a better investment to get state-of-the-art equipment as a depreciable asset to increase your profit margins.<\/p>\n\n\n\n<p>Consider your industry and select your CPA accordingly.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">How does a CPA help a business?<\/h4>\n\n\n\n<p>CPAs may not be engineers, but consider the <a href=\"https:\/\/www.youtube.com\/watch?v=hUhisi2FBuw\" target=\"_blank\" rel=\"noreferrer noopener\">cost-saving design of the aluminum beverage can<\/a>. How the shape of the neck and the dome shape at the bottom, ultimately save a tremendous amount of material, not to mention cost. CPAs who specialize in your field can, at the very least, can draw your attention to the things that are costing you money. <\/p>\n\n\n\n<p>If you&#8217;re manufacturing a product and having difficulty increasing profits due to the vendors or materials, your CPA can point out where your biggest costs are coming from, so you know where to focus your attention. Using new materials may result in expenses for R&amp;D, but your CPA can forecast what the total cost saving is and when you&#8217;ll make a profit.<\/p>\n\n\n\n<p>Check out our Google, Yelp, and Yahoo&nbsp;<a href=\"https:\/\/huddlestontaxcpas.com\/review\">Reviews&nbsp;<\/a>-or- Read our&nbsp;<a href=\"https:\/\/huddlestontaxcpas.com\/tax-guides\/self-employed\/\">Self Employed Tax Guide<\/a>.<br>Find a&nbsp;<a href=\"https:\/\/huddlestontaxcpas.com\/locations\/\">Meeting Location<\/a>&nbsp;Near You.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Looking for accountants who specialize in your particular industry? We have CPA practice groups tailored to your area of expertise. Having a CPA that understands your niche practice group will save you time and money. A CPA who understands your company model, churn rate, EBITDA and knows your invested shareholders is paramount. Our accounting experts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3708,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"content-sidebar","footnotes":""},"class_list":{"0":"post-428","1":"page","2":"type-page","3":"status-publish","4":"has-post-thumbnail","6":"entry"},"_links":{"self":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/comments?post=428"}],"version-history":[{"count":13,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/428\/revisions"}],"predecessor-version":[{"id":7095,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/428\/revisions\/7095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media\/3708"}],"wp:attachment":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media?parent=428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}