May 2010 Business of the Month--Ken Hughes and Associates CPA

To say that a Certified Public Accountant (CPA) takes care of your finances is like saying the dentist takes care of your teeth. And just like your teeth require frequent brushing, your finances require the application of consistent and proven strategies to plan for the future. At Ken Hughes and Associates, we work as your trusted advisor to develop those strategies and action plans. We offer tax planning, income tax preparation, bookkeeping, and accounting services to a wide range of clients from individuals to private multi-national corporations. We also provide assurance services when financial statements are needed for banks or other authorities.

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The most common reason to hire a CPA is for income tax preparation, but waiting until then is like “shutting the barn door after the horse is out.” However, one of the best reasons to use a CPA is to PLAN your tax affairs. At a minimum, you should plan financially for the major occurrences in your life, such as marriage or divorce, purchasing or selling real estate, investing, and retirement and estate planning. All of these have opportunities for tax relief….and TAX TRAPS. So when choosing your CPA firm, consider the firm’s reputation, history of confidentiality and professionalism and the capabilities of its employees. Our firm is made up of 18 CPA’s, including the six partners of Ken Hughes, Vickie Brouse, Debbie Prock, Melissa DeWitt, Dana Haynie, and Jennifer Sicking. For over 35 years we have been providing our clients with the depth and knowledge of a national firm right in their own back yard.


With a new presidential administration in office, every business and individual should be aware of and plan for the coming changes, and we are preparing for the changes as well. Right now there are a lot of unknowns, but we will be prepared for them and we will make sure that you are, too.

We are locally owned and each one of our employees is treated as family and that attitude is reflected in the service and value we provide to our clients. Many of our clients have become more than just clients, over the years we have developed lasting friendships. In addition, our employees are involved with numerous local community organizations including the Rotary Club, the local Chambers of Commerce, American Cancer Society, and Christian Community Action. “We encourage community involvement from our employees,” said Ken, who himself is and has been a member and officer of numerous local organizations.

For more information, call us at 972.221.2500 or visit our website at www.khacpa.biz . If you are in the Flower Mound area, just drop in our office at 4880 Long Prairie Road, Suite 100 to see what we can do for you.

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