Here at Offutt & Associates CPAs, PA, you will find a professional, peer-reviewed accounting firm ready to make your satisfaction and success our highest priority. You will find here a quality that is increasingly rare these days: a friendly, personal service. Our firm, has been serving the Frederick area since it was established in 1973.
Our clients range from the small "Mom & Pop" businesses to the large multi-state companies. Whether you are a farmer, a physician or an entrepreneur, your needs can be met here. Whether we see you once a year or once a week, we always have time to make your accounting and tax goals our highest priority.
Our clients range from the small "Mom & Pop" businesses to the large multi-state companies. Whether you are a farmer, a physician or an entrepreneur, your needs can be met here. Whether we see you once a year or once a week, we always have time to make your accounting and tax goals our highest priority.
Services
Offutt & Associates, CPAs, PA provides a wide range of services to individuals and businesses in a variety of industries. At Offutt & Associates, CPAs, PA, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
These calculators have been provided as a resource for you to help plan your financial matters. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor.
Reviews (2)
Greg Phelps
May 22, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
We have been clients of Offutt and Associates for 28 years. They fulfill all our accounting and tax needs. Personal, pleasant and extremely knowledgeable. Questions are answered in a timely fashion with exceptional service. Highly recommended.
We have been clients of Offutt and Associates for 28 years. They fulfill all our accounting and tax needs. Personal, pleasant and extremely knowledgeable. Questions are answered in a timely fashion with exceptional service. Highly recommended.
A. Mc
Feb 23, 2021
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