Certified Public Accountant - Irene Ross Piazza

certified public accountant

Take a deep breath. 2018 Tax Season is around the corner. Now we are preparing for the upcoming tax season. If you haven’t done so already, please contact our office via email to set-up an appointment time to review your tax planning strategies for 2018.

For Individuals:

Our office will be emailing engagement letters and/or client organizers/checklists this month. If you moved, got married, sold a home, welcomed a new baby or experienced other significant life events, please contact our office via email  to let us know of such changes.  We are making every effort to update you of upcoming pending and published tax law. Please visit our TAX FAQS page to learn more about changes for the 2017 filing year.

For S-Corporations:

Our office will be emailing engagement letters and/or client organizers/checklists this month. If you require any assistance or have any questions or concerns compiling your relevant tax data, please contact our office via email  for an appointment.

For Non-Profit Corporations:

Please consider your year-end. If it is December 31st, your first extension is due May 15th. If it is June 30th, your first extension is due by November 15th. If you have a different year-end, please refer to this table on the IRS website at: https://www.irs.gov/charities-non-profits/return-due-dates-for-exempt-organizations-annual-return

If you would like assistance with preparation of your Form 990-N, 990-EZ, 990 or 990-PF, please do not hesitate to contact us!

We will happily work with you to gather the relevant info and do our best to answer any questions you may have!

Remember that tax prep extensions are only extensions of time to file the paperwork. They are not extensions of time to pay any taxes due.

Interest and failure to pay penalties apply at both the Federal and NC State levels on individual income taxes owed and not paid as of April 18, 2017.

Updates from the IRS:

Mileage rates have been issued for 2017 and are unfortunately less than in 2016 as follows:

  • 53.5 cents per mile for business miles driven, down from 54 cents for 2016
  • 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
  • 14 cents per mile driven in service of charitable organizations
  • Consider making a contribution to your IRA. You have until April 18, 2018 to decide. For traditional and Roth IRAs, the limit is $6,500 if age 50 or older ($5,500 for under age 50).

 Other considerations that will save you time & hassle:

If you have moved, you will need to notify the IRS by mailing Form 8822, Change of Address, to the address listed on the form’s instructions.

If you purchase health insurance through the Health Insurance Marketplace, you should also notify the Marketplace when you move out of the area covered by their current Marketplace plan.

Please note that the deadline to apply for health insurance is December 15, 2017.


Certified Public Accountant Irene Ross-Piazza offers 18 years experience to support your business with these services:

  • Tax Preparation
  • Bookkeeping & Payroll Services
  • Small Business Consulting
  • Non-Profit Consulting

 

Stabilizing your business in its fundamental paperwork systems can relieve enormous stress about the financial ins and outs. A trusted certified public accountant can strengthen your business at its core, to enter a new level of confidence and effectiveness.

Irene Ross-Piazza is assisting business owners and non-profit directors with focused approaches to identify the larger picture, identifying steps to achieve such goals. Knowledgeable and experienced, her passion is for supporting emerging and stable businesses to help streamline their internal systems.

Through clear communication and acute listening skills, she and her capable staff will assist you to pinpoint the best business and tax planning strategies to acquire the most positive results possible. Committed to her clients’ and community’s financial well-being, she and her staff works with you to identify the financial solutions that best suit your needs and goals.

Call or Contact Us Today.