Accounting & Financial Management, LLC

We still have some availability on our calendar for tax preparation and consultation appointments for individuals and businesses. Call 724-833-8333

Professional tax preparation services starting at $99.00. Same day service/E-File available for W-2 only returns. To schedule your appointment call 724-833-8333.

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The IRS began accepting 2023 e-filed tax returns today!! Accounting & Financial Management, LLC is offering professional individual income tax preparation starting at $125. Need to get your business taxes done? We are offering a 20% off early bird special to the first 20 businesses that schedule a new client tax preparation appointment by 2/15/24. Don't risk a costly mistake on self-prepared taxes that could cost you penalties and interest, take advantage of all of the deductions available to lower your tax bill. Unable to come to our office? We will come to you!!! Don't let your hard earned money become all "THEIRS", contact our offices today at 724-833-8333.

Leaving money on the table at tax time? Business owners and 1099 independent contractors using an area of their home as office space are able to deduct a percentage of their household expenses on their tax return. Electric, Gas, Water, Property Taxes, Insurance, Repairs & Maintenance are the most common expenses that qualify for this deduction. Follow us on Facebook to get more daily tax tips and make 2024 less taxing!

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Time is money. As a business owner, do you realize how much time you spend each day on bookkeeping for your business? To be successful and grow a business, 90% of our time needs to be focused on growing our customer base and retaining current customers. Statistics show as business owners, we spend an average of 40 hours a month on bookkeeping functions. Your growth in 2024 could be exponentially higher if you delegate your bookkeeping tasks to an accountant. More time = more clients and higher revenues. Whether you are just starting your business or have been in business for years, we can help!

Tax Tip - Did you know that you can reduce your taxable income for 2023 through January 15, 2024? If you have a Traditional or Roth IRA now is the time to finalize your 2023 contributions for a qualified deduction. It's not too late, you can still open an account in 2024 and contribute for 2023. 2023 Contribution Limits: $6500 per person with an additional $1000 per person 50 or older. Want more tax deduction tips? Contact us for a free 2023 comprehensive tax review.

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20% off 2023 Income Tax Preparation!!! Own a business and need to get your bookkeeping and payroll finalized for 2023? Not sure if you are getting all of the deductions you are entitled to on your personal tax return? Contact our office today at (724) 833 - 8333 to schedule an appointment with one of our tax advisors and receive 20% off of your 2023 income tax preparation fees! We are a full-service accounting and tax preparation firm located in Waynesburg, Pennsylvania with over twenty years of experience serving clientele in all 50 states.

The IRS is expecting longer than normal delays in income tax return processing for the 2020 tax season due to COVID-19. The sooner you get your return electronically filed this year, the sooner you will receive your refund as they are processed in the order they are acknowledged by the IRS. There are several new tax changes for 2020 for individuals, in addition to reporting requirements for PPP money received by businesses. In order to ensure you are fully compliant with all of the tax laws surrounding these changes, it is imperative that you have a professional prepare your taxes. Don't get stuck putting the pieces of your tax return together alone, call us today to schedule your tax preparation appointment as early as January 31, 2021. Don't live in Pennsylvania?? We are authorized to prepare taxes in person and remotely across all 50 states. Do you own a business?? We provide a wide variety of accounting, bookkeeping and payroll services to compliment your business - let us show you how we can help you grow your business while keeping more profit in 2021. Happy Holidays and warm wishes for a healthy and prosperous New Year from your team at Accounting & Financial Management, LLC!

How organized are you? If your business or personal tax returns were to get audited by the IRS today from a return dated three years ago, would you have valid, readable organized receipts to prove your expenses you claimed were legitimate? Chances are probably not. People ask us all the time what advantages there are to partnering with our firm and utilizing QuickBooks for their bookkeeping. Have you ever fallen victim to the mysterious thermal receipt fade such as the one below? After all, no legible receipt - no deduction. We help our clients organize for today and three years from now. You have the ability snap a photo of any receipt on your phone and save these important receipts forever - and they are backed up 100% by QuickBooks. Let us show you more about how our services can protect you and your business. Our goal is to help you spend more time in front of clients growing your business - and less time worrying about the what if’s. We have over a decade of proven accounting and tax expertise, and are fully authorized to serve clients across the US in-person and virtually. Call us to schedule your free accounting or tax evaluation at 724-833-8333.

Did you file an extension on your tax return for 2019? The extension deadline of October 15, 2020 is rapidly approaching. Don’t wait until the last minute and risk a large tax penalty from the IRS. Our firm has over a decade of experience specializing in accounting and tax services. We are dedicated to ensuring you get all of the tax deductions you are entitled to. Need more time to market your product or service and build your client base? Ask us how our bookkeeping and payroll services can help you grow your business while keeping more profit. We provide services in person and remotely and are authorized to provide services throughout the majority of the US. Our accounting, bookkeeping, payroll and tax services are client focused, affordable and second to none. Call 724-833-8333 to schedule your free consultation. We look forward to working with you.

Have you filed an extension on your personal taxes for 2019? If so we can help you organize your records and meet the October 15, 2020 tax filing deadline. Need bookkeeping service for your business so you can spend more time prospecting for new clients? - we offer basic to full service bookkeeping solutions that are designed to streamline your business processes. Received PPP money and need advice on how to properly document and apply for loan forgiveness? - we can help. From Individual taxes to Business taxes and everything in between - trust the professionals at Accounting & Financial Management, LLC to help you move forward. We serve clients throughout the US - call us today to setup a free accounting or tax consultation at 724-833-8333

The July 15, 2020 tax return filing deadline is just around the corner. Don’t wait until the last minute to organize and prepare your 2019 tax returns. Why risk having a mistake made on your tax return that could potentially cost you thousands by self preparing or using an inexperienced tax preparation service? Our team has over a decade of expertise in individual and business tax preparation and we guarantee the accuracy of our services. We provide Accounting, Bookkeeping, Payroll and Tax services with the goal of helping you grow your business while keeping more profit - giving you more time to focus on client generation. We are available to assist you 24/7 in person or remotely and are approved to provide services throughout most of the USA. To schedule a free consultation or book an appointment, please call 724-833-8333

Accounting & Financial Management, LLC has expanded our hours and services due to recent events. Federal, State and Local tax returns are due by July 15, 2020. Do you need to get your records or books in order for your 2019 taxes? Are you confident you are getting all the deductions you are entitled to? We are a full service accounting firm with over a decade of experience in private and public accounting and tax preparation and we are here to help. We serve clients across the United States on-site and remotely, and our professionals are available 24/7 from now until July 15, 2020. We aren't your typical accounting firm, we want to build a lasting business relationship helping you grow your financial position or business. ** Like our page to have your name entered in a drawing to have your 2019 or 2020 taxes prepared for free! ** For more information or to schedule an appointment call 724-833-8333

We have been working around the clock providing virtual accounting and tax services to individuals and businesses throughout the US. From preparing your income taxes to organizing your financial reports to apply for the economic disaster SBA loan program, we offer a wide range of services and are here to help. Contact us to schedule your FREE accounting and tax consultation to see how we can help you manage through the uncharted waters of COVID-19.

Happy Easter to all, may God Bless you and your family today and every day.

ATTENTION -- According to Pennsylvania Governor Tom Wolf, all non-essential/non-life sustaining businesses are mandated to keep their public offices closed to the public. Accounting & Financial Management, LLC will remain open remotely and be available to new and existing clients for accounting, bookkeeping, payroll, and tax services by telephone and video conferencing service. We are equipped to handle all accounting and tax documents electronically and securely and provide services to all states. We understand the burden that this pandemic has placed on you individually and on our economy as a whole and we are here to help. Although taxes are probably the least of your concerns at the moment, here may be some helpful information. The IRS has officially moved the filing and payment due date for Federal taxes to July 15, 2020. This is a good thing if you have not paid or underpaid your quarterly taxes, however if you expect to receive a refund you want to file now. The stimulus package the government is attempting to implement has been delayed, and if you are out of work for an extended period of time your tax return may be an alternative source of sustaining income. Additionally, the Pennsylvania Department of Revenue and other states have also extended their filing and payment due date to July 15, 2020 as well. Therefore, if you expect a refund now is still the time to file your taxes while these entities are still operating. We have significantly reduced our accounting and tax preparation fees in hopes we can help keep families fed and in their homes, and keep small businesses above water during this crisis. I genuinely want to help anyone who needs it. Please know that we care about you, your family and your communities. Please share this with everyone you think it may help. God Bless you all today and every day.

The IRS recently announced that they have extended the payment due date for balances owed to the US Treasury Department until July 15, 2020. This extension has been granted stating no interest or penalties will be assessed due to the economic crisis surrounding the Corona Virus Pandemic. However, your FEDERAL, STATE, AND LOCAL TAX RETURNS ARE STILL REQUIRED TO BE FILED TIMELY ON OR BEFORE April 15, 2020.

Accounting & Financial Management, LLC will be here to assist you with your individual and business tax return needs through these uncertain times. To protect the health and safety of our clients and limit exposure, in addition to our traditional onsite meetings, we will now be offering free tax consultations over the telephone or by video conferencing service. We are offering a 20% discount on our tax preparation services to everyone to help sustain our clients financial positions due to these extenuating circumstances. Don't want to meet in person at the moment, but still need your taxes prepared by an experienced professional? We will come to your location - pickup your tax documentation, prepare your taxes, and deliver the final product to you without you ever having to leave your home or business. Want to send your tax documents to us electronically instead? Our firm has a dedicated, encrypted server available 24/7 to receive and confidentially store your tax documentation. Contact us at 724-833-8333 for more information.

At Accounting & Financial Management, LLC we hope that you and your family remain safe and healthy throughout the following weeks and months ahead. The health and safety of yourself, your family and your fellow man is of utmost importance. Though our Nation is faced with a worldwide health epidemic, together we will overcome and triumph through it all. God Bless you and your family today and everyday.

The filing deadline for 2019 income tax returns is April 15, 2020. If you miss the deadline, you may be subject to penalties and interest on any amount due. Don’t wait until the last minute to find a tax professional and risk having to file an extension. We provide a comprehensive list of accounting and tax services to individuals and businesses. We are an IRS authorized e-file provider with over a decade of tax law experience. Our tax preparation packages are affordable and are competitively priced based upon the complexity of your return. Contact us today to schedule your tax preparation appointment at 724-833-8333. Know someone who needs accounting or tax advice? Refer them to us - if they become a client you will receive a $20 gas card from Accounting & Financial Management, LLC.

The first quarter of 2020 is almost over - how has your business performed so far? Are you on-time to meet or exceed your goals and profit margin for 2020? Do you need more time to market your product or service to new clients to promote growth? We can help by keeping your cash flow and financials updated and at your fingertips. Talk to us about handling the day to day accounting and bookkeeping functions of your business, so you can attract and retain new clientele. Our basic bookkeeping package is affordable and can be tailored to meet the specific demands of your business. We will travel to your location and meet with you for a free one on one consultation. Whether you are just starting your business or have been in business for years, we can help! Contact us today at 724-833-8333 to schedule an appointment.

Repetition is the mother of skill. We have over a decade of experience in accounting and tax preparation services. Why risk making a costly error on your taxes, or overpaying at an overpriced “tax preparation store” with less tax law experience. Make sure your taxes are on target and hit the bullseye. Call us today at 724-833-8333 for more information or to schedule an appointment

Are you still organizing your documents for your 2019 income tax return? Do you have a shoebox full of receipts from last year that need sorted? Do you need help classifying your expenses to get the highest tax deductions? Don’t wait until the last minute and let the April 15th filing deadline sneak up on you. We can teach you how to grow your business while keeping more of your profit. Call us today for a free business or individual tax consultation at 724-833-8333.

Did you know you may still be able to lower
your taxable income for 2019? April 15, 2020 is the deadline to contribute to your Traditional or Roth IRA for 2019 up to a maximum of $6,000 ($7000 if you are 50 or older). We know how to get you the most deductions and protect you from costly mistakes because we know the tax law. We conveniently provide our accounting and tax services in person and remotely. To learn more about this deduction or to schedule an appointment call us at 724-833-8333.

Did you know if you make mistake
on your taxes, you may have to pay significant penalties and interest on the additional tax you owe? It’s not matter of if the IRS will find the error it is when. The IRS can audit a return seven years back, and that could mean seven years of hefty penalties and interest for a simple mistake. Why take the risk of self preparing your taxes, especially if you own a business? We can help amend your business or individual 2019 return or file/amend prior year taxes if you have received additional income documents after filing. Call us for a free tax review, we are here to help!

Time is money. How much time do you spend each day, week, month on bookkeeping for your business? To be successful and grow your business, 90% of your time needs to be focused on customers and growing your client base. Statistics show as business owners we spend an average of 1-2 hours each day or approximately 40 hours a month doing bookkeeping functions. What could you do with another 40 hours a month to prospect for new clients in addition to saving money? Like us on Facebook and call 724-833-8333 to see how a professional bookkeeper can help you in 2020.

Do you operate a small business out of your home and use an area of it regularly and exclusively as your principal place of business? You could qualify for a tax deduction of $1500 or more dependent upon size of your home office and what expense method you choose.

This is one of several tax deductions you may be entitled to as a small business owner. Call me for your free tax consultation for more details.

For a limited time, we are offering a FREE no obligation tax assessment and compliance check for Individuals and Businesses to help you keep every hard earned dollar from 2019 because....

We have noticed that several of our new individual clients are unaware that they qualify for additional deductions that literally add up to $$THOUSANDS$$ in savings.

If you are a small business owner it is imperative that you have the help of someone who understands your business needs and the tax laws to ensure you get every tax deduction that you are eligible for.

Call us at 724-833-8333 to schedule your free tax consultation. Less than a half an hour of your time could be worth hundreds or thousands off of your final tax bill.

Now it's easier to call Accounting & Financial Management, LLC.

Fidelity makes an easy to understand comparison between the Traditional IRA and the Roth IRA. This article summarizes the advantages and disadvantages and basic rules of each plan. These are accounts that you may hold in addition to your 401(K).

Roth Vs. Traditional IRA Infographic - MyMoney by Fidelity Learn about the differences between traditional and roth IRAs and check out this infographic to see which one is right for you.

Here’s why you can’t afford not to participate in your employers 401k plan.

For this example we’ll assume that Employee A and Employee B both make $2000 per biweekly paycheck. Employee A contributes 3% of pretax income to their 401k and the employer matches 3%. Employee B does not contribute to his 401k. Both live in the state of Pennsylvania. Let’s look at the differences in net pay and savings.

Employee A
$2000 Gross Pay
$60 3% 401k
$1940 Taxable Income
$1561.72 Net Pay

Employee B
$2000 Gross Pay
$0 401k
$2000 Taxable Income
$1614.52

Net Pay Difference/Pay $52.80
Net Pay Difference/Month $105.60

401k Account

Employee A
$120/Month Employee Contribution
$120/Month Employer Contribution
$240 a month investment once vested
If investment earns an average of 5% per year after ten years Employee A would have over $41,000. Employee A only invested a little over $14,000 to achieve this.

Employee B
Did not contribute to their 401k plan and take advantage of employer matching. Employee B does not have any 401k balance.

As you can see not only does a 401k give you a tax deduction and lower your taxable income (Employee A tax deduction is $1,560/year), it is a very important investment and retirement tool.

For less than the cost that most people spend on two nights of eating out or a month of coffee, you can save an additional $41,000 towards retirement.

If you need to take money from your account before retirement you can but will pay a penalty, unless you meet one of the exceptions such as purchasing a first home.

Stayed tuned for more information on the difference between Traditional IRA and Roth IRA accounts and how to use them to achieve your financial goals.