One of the first decisions taxpayers must make when completing a tax return is whether to take the standard deduction or itemize their deductions. There are several factors that can influence a taxpayer’s choice, including changes to their tax situation, any changes...
Accounting Industry Insights
Issue Number: Tax Tip 2023-02: Taxpayers should hang up if tax season scammers come calling
The tax filing season is a popular time for scammers to call and try to dupe unsuspecting taxpayers. These thieves often make threatening or alarming calls posing as the IRS to try to steal taxpayer money or personal information. However, it’s easy for people to...
IR-2022-220: IRS reminder: For many employers and self-employed people, deferred Social Security tax payment due Dec. 31
WASHINGTON — The Internal Revenue Service today reminded employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax liability that their second annual installment of the deferred amount is due on December 31, 2022. As...
Issue Number: Tax Tip 2022-183: Good recordkeeping year-round helps taxpayers avoid tax time frustration
Wading through a pile of statements, receipts and other financial documents when it’s time to prepare a tax return can be frustrating for people who haven’t managed their records. By knowing what they need to keep and how long to keep it, people can develop a good...
Issue Number: IR-2022-203: Get Ready now to file your 2022 federal income tax return
Get Ready now to file your 2022 federal income tax return WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take simple steps before the end of the year to make filing their 2022 federal tax return easier. With a little advance preparation, a...
Issue Number: Tax Tip 2022-178: Taxpayers should review the 401(k) and IRA limit increases for 2023
The amount individuals can contribute to their 401(k) plans in 2023 will increase to $22,500 -- up from $20,500 for 2022. The income ranges for determining eligibility to make deductible contributions to traditional IRAs, contribute to Roth IRAs, and claim the Saver's...

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Specialized Company
We specialize in audit, accounting and taxes for individuals, companies, non-profit entities, and homeowner's associations.
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We are known for a straightforward personal approach and customized solutions to meet the evolving issues clients face.
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AICPA Members
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8 CPAs and 2 EAs on staff
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We are part of the successor to a long established local accounting firm which has served its clients in Prescott for more than 35 years.
We service all of Yavapai County including Prescott, Prescott Valley, Dewey, Chino Valley, Verde Valley, Flagstaff and Sedona.