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Learn about DRDA's latest news and information for you and your business.

06 Dec 2017

If you want a deduction for charitable giving, there are some rules you have to follow. DRDA is here to lay some of them out for you...

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27 Nov 2017

Be sure that you know exactly why you’re hiring a CPA. Some CPAs focus more on personal needs and some more on the needs of a company or...

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16 Nov 2017

Smartphones have been around now for about 10 years. They changed the way people work, shop, take photos, get their news, get online, and more...

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07 Nov 2017

The power of compound interest is astounding, so the earlier you take advantage of it, the more it will work for you. If you start out earlier, you can start with less, invest less and...

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30 Oct 2017

The power of compound interest is astounding, so the earlier you take advantage of it, the more it will work for you. If you start out earlier, you can start with less, invest less and...

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06 Sep 2017

On August 28, 2017 the IRS issued IR-2017-135 giving certain individuals and businesses in Texas until January 31, 2018 to make certain tax payments and file certain tax returns.

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22 Jun 2017

If you have a typical 401k or IRA your money is being invested in other people’s businesses. Your retirement hinges on the success of companies over which you have no control and...

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19 Jun 2017

So exactly how does a BORSA plan work? Good question. Below are the general steps for accessing your retirement funds early and without penalty.

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01 Jun 2017

Being a teacher is incredibly rewarding, and it can also be incredibly inspiring. For this reason many teachers find themselves exploring new ideas and entrepreneurial pursuits...

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28 Apr 2017

When it comes to using your retirement funds, tax-free and and penalty-free, to invest in yourself through a BORSA Plan, why wouldn’t you put your trust in DRDA’s 20 years of expertise...

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26 Apr 2017

Houston is a city of many thriving industries and a diverse economy full of opportunity.  Many people that have transitioned out of Corporate America are hesitant to go right back in.

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31 Mar 2017

Kathleen McMordie is passionate about helping people become better swimmers. She turned her passion into a business that started in her backyard and grew from there.

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21 Mar 2017

DRDA CPAs & Business Consultants provides a self-directed 401k plan that we call the BORSA (Business Owner's Retirement Savings Account) Plan.

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15 Feb 2017

DRDA CPAs & Business Consultants provide a self-directed 401k plan - The BORSA Plan (Business Owner's Retirement Savings Plan)- which is a ROBS (Rollovers for Business Startups) type structure.

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13 Jan 2017

DRDA CPAs & Business Consultants provide a self-directed 401k profit sharing plan (The BORSA Plan) which allows entrepreneurs to access retirement funds tax and...

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12 Jan 2017

It's all too common to see articles like this one in the Houston Business Journal: "MD Anderson to Cut 1,000 Jobs in Houston" The price of oil still remains low and there is a lot of uncertainty

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21 Dec 2016

If you are thinking of starting your own business, you certainly have questions about the best business to start, how to get started and where to get funding.  At DRDA CPA’s, we can assist with the funding portion.

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18 Nov 2016

Learn How Your Thrift Savings Plan Can Help! Established during the Federal Employee’s Retirement System Act of 1986, the Thrift Savings Plan (TSP) offers federal employees...

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11 Nov 2016

The Arkansas Military Veterans Hall of Fame recently held an induction ceremony recognizing 15 Arkansas servicemen. My father, Bobby B. Porter, Major General (deceased) was one of the serviceman who was honored that night.

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26 Oct 2016

Divorce can bring about many life changes. For those individuals who have been out of the workforce for a significant period of time, suddenly having to generate income may seem like a challenging hurdle to overcome.

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11 Oct 2016

A BORSA (Business Owner's Retirement Savings Account) Plan allows you to access retirement funds (401k/IRA/others) WITHOUT tax or penalty erosion.

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27 Jun 2015

After the recent financial crisis, traditional banks are sometimes still reluctant to fund small businesses.  Entrepreneurs need not be discouraged though, as a new trend has emerged in the world of finance.

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26 Jun 2015

US businesses earning profits from the export sale of US manufactured products, or from certain qualifying services, can benefit from an Interest-Charge Domestic International Sales Corporation (IC-DISC).

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25 Jun 2015

It's a rare entrepreneur who enjoys working on financial forecasts.  Many feel that their time is better spent on developing and running their business.

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11 Jun 2015

Small businesses are a vital part of the American economy.  Small business employs half the workforce and create 60% of net new American jobs.

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10 Jun 2015

Success in business depends upon knowing the basics – the things you absolutely must master in order to succeed.  Here are some key factors every business owner should know.

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03 Jun 2015

Becoming a small business owner is exciting.  It's a time filled with the freedom to make your own choices and create the life you want. 

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28 May 2015

What a Study of 14,000 Businesses Reveals About How You Should Not Be Spending Your Time

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27 May 2015

The professionals at DRDA are constantly reviewing industry news to find ways to better serve our clients.  Bob Coleman is the editor of a great Small Business Lending Industry publication...

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26 May 2015

Hurricane season officially begins on June 1st and runs through the end of November with the peak months being August and September.

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25 May 2015

DRDA's Firm Principal Doug Dickey, CPA recently attended the National Association of Government Guaranteed Lenders Conference in San Antonio.

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19 Mar 2015

Starting a new business?  Following are a few of the deductions available to small business owners.

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19 Mar 2015

The US Small Business Administration (SBA) created the 504 loan program in 1980 to provide accessible financing for growing businesses that seek owner-occupied commercial real estate.

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19 Mar 2015

Have you ever wondered why the small business lender asks about the location of a business whether the business owns or leases the facility? We've all heard that the success of a business is "location, location, location".

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19 Mar 2015

If you're wondering when is the right time to sell your business, you may want to wait until your company is generating $1 million in earnings before interest, taxes, depreciation, and amortization (EBITDA).

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19 Mar 2015

New reporting requirements have been added to the Internal Revenue Code by ACA.

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10 Mar 2015

Before moving forward put together a business plan.  It's not necessary to expend a lot of time on this document, as long as you can clearly state your intended strategy...

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03 Mar 2015

As your tax and financial advisors, DRDA wants to make you aware of your responsibility to accurately determine and document your Reasonable Compensation for the services you provide to your business.

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09 Feb 2015

Using Rollovers for Business Start-ups (ROBS) such as DRDA’s BORSA Plan to finance a business isn’t new, but it is unfamiliar to many.

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