Accavallo & Company, LLC

The Importance of Accountable Plans for S Corp Owners: Maximizing Tax Advantages

As an S Corporation (S Corp) owner, you play a dual role, being both an employer and an employee of the company. Managing expenses effectively is crucial for optimizing your tax situation and maximizing tax advantages. To effectively gain the tax advantages, we will delve into the concept of accountable plans and explore their significance […]

Business Owners: The Benefits of Outsourcing Bookkeeping and Tax Services

As a business owner, one of the keys to success is being able to focus on the core activities that drive your business forward. However, managing the financial aspects of a company, including bookkeeping, payroll, and tax work can be a time-consuming and complex process. This is where outsourcing to professionals comes into play, providing […]