Alexander W Davis CPA PLLC

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Alexander W Davis CPA PLLC Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Alexander W Davis CPA PLLC, Accountant, 724 N Jackson Street, Tullahoma, TN.

AWD CPA PLLC is commitment to delivering top-notch tax, accounting, and payroll services to the communities of Middle Tennessee with more than a decade of experience working with individuals and businesses.

10/06/2026

Please be advised that we will be closed in observance of Columbus Day on October 12th.

09/01/2026

Please be advised that we will be closed in observance of Labor Day on September 7th.

House-Flipping Loss Tax Deduction: Dealer vs. Investor RulesIf your first house-flipping project ended in a loss, don’t ...
08/18/2026

House-Flipping Loss Tax Deduction: Dealer vs. Investor Rules

If your first house-flipping project ended in a loss, don’t assume you’re limited to deducting only $3,000 per year. Depending on your specific facts, you may qualify to deduct the entire loss in the current year.

The key issue is whether the IRS views you as a real estate dealer or as an investor. Investors generally face the $3,000 annual limit on capital losses. Dealers, however, report their activity as a business, allowing losses to offset ordinary income in full. In many cases, dealer treatment can also reduce self-employment tax.

Qualifying as a dealer depends on more than the number of properties you have sold. The IRS and the courts look at your overall business intent and activities. Factors include why you purchased the property, the extent of your rehabilitation work, how quickly you marketed the property for sale, and whether you conducted the activity in a businesslike manner.

But dealer status is not always an advantage. If future flips generate profits, those profits become ordinary income rather than capital gains. Dealer property also does not qualify for Section 1031 exchanges or installment-sale reporting.

If you intend to build a house-flipping business, good records are essential. Maintain a written business plan, keep separate books and bank accounts, track your time, and consistently report the activity as a business from year to year.

If you want to discuss house-flipping, please call us at (931) 455-2227.

We’ve added a new piece to the office, and we love it.This custom map of Tullahoma is a simple reminder of the community...
06/22/2026

We’ve added a new piece to the office, and we love it.

This custom map of Tullahoma is a simple reminder of the community we’re proud to be a part of and serve every day. From the streets we drive to the neighborhoods we call home, it’s all right here on the wall.

Can you find where you live?

06/15/2026

Please be advised that we will be closed in observance of Juneteenth on June 19th.

If your QuickBooks isn’t updated and reviewed, you could be making decisions and filing taxes based on inaccurate number...
06/11/2026

If your QuickBooks isn’t updated and reviewed, you could be making decisions and filing taxes based on inaccurate numbers.

In these situations, it’s common for the software to hide double-counted revenue, missed expenses, and small errors that quietly distort profit.

At Alexander W Davis CPA PLLC, we provide ongoing bookkeeping services with consistent monthly reviews to keep your records accurate and meaningful throughout the year—not just at tax time.

A free 30-minute consultation can set you on the right path and uncover opportunities to improve accuracy, visibility, and overall financial clarity.

Book your consultation today!
AlexanderWDavisCPAPLLCCopy@alexanderwdaviscpapllc.onmicrosoft.com/?ismsaljsauthenabled=true" rel="ugc" target="_blank">https://bookings.cloud.microsoft/book/AlexanderWDavisCPAPLLCCopy@alexanderwdaviscpapllc.onmicrosoft.com/?ismsaljsauthenabled=true

05/18/2026

Please be advised that we will be closed in observance of Memorial Day on May 25th.

Thank you to all of our amazing clients!We are truly grateful for the trust you placed in us. Your support, loyalty, and...
04/16/2026

Thank you to all of our amazing clients!

We are truly grateful for the trust you placed in us. Your support, loyalty, and confidence in our services made this a successful and rewarding tax season.

We appreciate the opportunity to serve you and look forward to continuing to work with you in the years ahead.

Thanks for choosing us!

-Alexander

Just a friendly reminder. If you operate a calendar year-end Partnership or S Corporation, the due date for your tax ret...
03/09/2026

Just a friendly reminder. If you operate a calendar year-end Partnership or S Corporation, the due date for your tax return is just around the corner: March 16th. There can be penalties for missing the deadline. If you have any questions or need any assistance with the upcoming deadline, you’re welcome to reach out to us at (931) 455-2227 or schedule an appointment at www.awdaviscpa.com.

Following suit with state and local offices, we will be closed Monday, January 26, 2026, due to inclement weather. We ho...
01/25/2026

Following suit with state and local offices, we will be closed Monday, January 26, 2026, due to inclement weather. We hope everyone stays safe and warm.

Address

724 N Jackson Street
Tullahoma, TN
37388

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+19314552227

Website

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