AFairchild CPA

05/27/2026

🔍 Myth Busting: “The IRS only audits big companies”

This is one of the most common misconceptions in accounting—and it’s simply not accurate.

In reality, the IRS frequently audits individuals and small businesses, particularly in areas where errors or underreporting are more likely.

At AFairchild CPA, we help individuals and businesses stay prepared, compliant, and confident in their financial reporting.

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.

05/25/2026

🔍 Myth Busting: “Audits are only for big companies”

Audits are not limited to large corporations—they are critical for organizations of all sizes. From identifying inefficiencies and control weaknesses to improving financial credibility, audits support sustainable growth and scalability.

Smaller businesses, in particular, often face increased risk due to limited internal controls, making accurate and reliable financial reporting even more essential for stakeholders such as lenders, investors, and partners.

At AFairchild CPA, we help businesses strengthen their financial foundation and prepare for future opportunities.

📞 Learn more or 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 section at afairchildcpa.com to submit your resume.

05/21/2026

A new episode of the Chasing the Margin podcast is now live! 🎙️

This week, we sit down with Alex Griffin to discuss SBA loans, business financing strategies, leadership, scaling a company, and building long-term financial stability. Whether you’re an entrepreneur, business owner, or someone looking to better understand financing options for growth, this episode is packed with practical insights.

🎧 Listen now on:
iHeartRadio
YouTube
Apple Music
Spotify

Interested in being featured on a future episode of Chasing the Margin, or know someone who would be a great guest? We’d love to connect — reach out to us!

Have questions about SBA loans, business financing, or accounting strategy? AFairchild CPA is here to help.
📞 214-731-7664
🌐 afairchildcpa.com

We’re also hiring! If you’re looking to join a growing team, visit the Careers tab at afarichildcpa.com to submit your resume.

Don’t just listen, level up. More episodes, insights, and ways to connect → linktr.ee/chasingthemarginThis week on Chasing The Margin, we sit down with Alex ...

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.

05/18/2026

🔍 When should a business get an audit?
Audits are not just a regulatory requirement—they are a strategic tool that can support growth, improve credibility, and reduce risk. As highlighted in the graphic, there are several key moments when an audit becomes especially valuable:
• When seeking investors or raising capital—particularly for startups entering Series A and beyond
• When applying for large loans or lines of credit, helping strengthen lender confidence and potentially improve terms
• When required by law or tied to grant funding thresholds
• During ownership changes or when preparing to sell a business
• When internal controls are weak or fraud risk is elevated
Understanding when to pursue an audit can position your organization for stronger financial transparency and long-term success.
At AFairchild CPA, we are here to help you navigate these decisions and ensure your business is prepared for every stage of growth.
📞 Have questions? Connect with our team:
🌐 afairchildcpa.com
📱 214-731-7664
📣 We’re hiring! If you are looking to grow your career in accounting, visit the Careers tab at afairchildcpa.com to submit your resume.

05/15/2026

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.

05/14/2026

What do “cash flow problems” actually mean for a business?

Many businesses struggle not because they aren’t profitable, but because cash isn’t available when it’s needed most. Common signs include:

✔ Not enough cash to cover short-term obligations
✔ Cash coming in slower than bills are due
✔ Negative operating cash flow
✔ Slow customer payments and high accounts receivable
✔ Dependence on short-term debt

At AFairchild CPA, we help businesses identify the root causes of cash flow issues and build strategies to improve financial stability and long-term growth.

📞 Have questions? Call us at 214-731-7664 or visit AFairchildCPA.com

💼 We’re also hiring! Interested candidates can apply through the Careers tab on our website and submit their resume today.

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.

05/12/2026

Ironman training offers lessons in resilience for entrepreneurs. What do you think?

05/12/2026

Don’t just listen, level up. More episodes, insights, and ways to connect → linktr.ee/chasingthemarginFind Kevin on IG: https://www.instagram.com/goatebbs/...