Questions & Answers

How do you recommend that I keep track of my expenses and income for the year?
For most small businesses we recommend QuickBooks » as an easy tool to track your checking account balance, expenses and income items. The software is user friendly and allows the novice accountant or small business owner to compile their information in an organized manner that is manageable for management reports and yearend tax preparation.
I had a major medical event this year, can I deduct my medical expenses?
A taxpayer may be eligible to deduct their out of pocket medical expenses if they itemize their deductions. If a taxpayer, who is under the age of 65, itemizes their deductions and the out of pocket costs for the medical expenses exceed 10% of their adjusted gross income they will be able to include the amount over 10% of their AGI in their itemized deductions. If a taxpayer, who is 65 or older, itemizes their deductions and the out of pocket costs for the medical expenses exceed 7.5% of their adjusted gross income, they will be able to include the costs over 7.5% of AGI in their itemized deductions.
How much will it cost to do my tax return?
The cost of a tax return depends on the complexity. Our suggestion is to set up a free consultation to talk with one of our highly skilled professionals and get an idea of what your return would typically cost.
How “bad” is tax season?
We are all extremely busy, but it’s the time of year we get to see our clients the most. The main reason why we love what we do!
Why should I choose Perry, Fitts, Boulette and Fitton as my accounting firm?
We genuinely care about our clients and are here to service you in a wide variety of ways. From our website, you will find a secure portal system that allows the exchange of information to flow easily between clients and staff members. Also our team of professionals has the knowledge to get your job completed in a timely fashion. The larger the team the more support you have.
What if I live in another state?
We handle multistate tax returns and information can be shared securely through our client portal on our website.
What if I would like to use your firm for QuickBooks support, but already have an accountant?
No problem, just contact Debra Rockwell » and she can work with you remotely or in person. Whatever works best for you.
How many Certified Public Accountants does PFBF CPAs have?
Currently, 10