Kleiber & Associates CPAs

What is the difference between a CFP^® and a CPA?

A CFP^®(Certified Financial Planner^®) focuses on long-term financial planning, such as retirement, investment strategies, and wealth building. A CPA (Certified Public Accountant) specializes in accounting, tax planning, and compliance. Many business owners benefit from working with professionals who are both, as they can offer comprehensive financial and tax strategies.

Do I need both a CPA and a CFP^® for my small business?

Yes—especially if you own a growing business in Arlington. A CPA helps with tax compliance, deductions, and financial reporting, while a CFP^® helps develop a long-term financial strategy that supports personal and business goals. Some firms, like Kleiber and Associates, offer dual-licensed advisors who are both CPAs and CFP^®s.

What should I look for in a CFP^® in Arlington, TX?

Look for a fiduciary CFP^® with experience in small business financial planning, investment management, and retirement strategy. Local knowledge of Texas tax rules and business incentives is also valuable. Check certifications through the CFP^® Board and ensure they provide a customized, client-focused approach.

How can a CPA help reduce my small business taxes?

A CPA helps identify deductions, credits, and entity structures that reduce your tax liability. For example, Arlington-based CPAs may advise on Section 179 depreciation, retirement contributions, or Texas franchise tax strategies. The earlier you engage a CPA in the year, the more options you’ll have.

When should I start working with a financial planner?

It’s never too early. A CFP^® can help you plan for retirement, save on taxes, and create investment strategies that build wealth over time. Starting early allows for compounding returns and strategic planning, especially for business owners who are navigating cash flow and income variability.

What questions should I ask when hiring a CPA in Arlington, TX?

Ask about their experience with small business accounting in Arlington, whether they offer year-round support, and how they approach proactive tax planning. Also, inquire if they are familiar with your industry and whether they provide IRS representation in case of an audit. 

Can a CFP^® help with estate planning and generational wealth?

Absolutely. A Certified Financial Planner^® can work alongside attorneys and CPAs to create an estate plan that protects your assets, minimizes tax burdens, and supports your heirs. This is particularly important for high-net-worth individuals and business owners passing down assets.

How much do CPAs and CFP^®s typically charge?

Fees vary depending on the scope of services. CPAs may charge hourly or flat fees for tax prep and consulting, while CFP^®s may offer fee-only planning, AUM (assets under management) models, or project-based pricing. Always ask for transparent pricing upfront.

Is it better to work with a local CPA or an online service?

Local CPAs understand regional tax incentives, industry trends, and Arlington-specific rules. While online tools can be convenient, local expertise ensures better personalization, faster response times, and in-person support when needed.

What are the benefits of working with a CPA who is also a CFP^®?

Working with a dual-licensed CPA/CFP^® gives you a 360-degree view of your finances. You get proactive tax strategies, integrated retirement planning, and customized advice—all from one trusted advisor who understands how your personal and business finances work together.