Tomorrow's Advice Today™

Profit Statements: The P&R Blog

Choosing a new tax preparer (Part 1 of 2)

If you’re looking for a new preparer to complete your individual or business tax return, consider several variables before making this very important decision. First, find someone you’re comfortable with who will meet your needs for several years. Ask your family and friends for referrals. You’ll share many personal details with this person: your marriage, …read more.

Interested in learning about taxes?

The IRS can help! (Wow, really?). Its “Understanding Taxes” website assists individuals in understanding how to prepare an individual tax return and educates visitors on tax policy. Participants can even try balancing the national budget…but think carefully about increasing our taxes! The program is divided into two sections: one for teachers and one for students, …read more.

IRS Long-Term Plan: Will it work?

While completing your business or individual tax return this year, did you experience issues when contacting the IRS? When Taxpayer Advocate Nina Olson issued her mid-year report to Congress recently, she criticized the IRS for its poor customer service during the 2015 tax filing season. She blamed reduced funding for the department and the extra …read more.

It’s Halloween: Avoid scammers in disguise!

It’s a scary time! Your individual tax return is frightening enough, but now the number of tax-related identity theft and fraud victims continues to increase exponentially. You may view the Internal Revenue Service as an agency separating you from your money; it’s actually working hard to protect you from fraud. We recently posted a blog …read more.

Documenting Evidence on Your Tax Return

Adam Robinson, CPA talks about documentary evidence needed to support your tax return.  

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What Our Clients Are Saying

I am pleased with the service and patience we have received. Thanks to your service, we have greater confidence in our financial position. Professional… helpful… cooperative… and accommodating to our …
Dr. Randy T. HodgesHernando Church of the Nazarene

Frequently Asked Questions


Do I really need to pay a CPA to prepare my financial statements? Couldn’t I save money doing it myself?


You could…but how valuable is your time? What could you be doing to build your business with that time? Could you earn more than what a CPA would cost? Also,...



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