Front Row, Left to Right; Barrington DeMers, Deborah Brown, Lesley Mahoney, Cindy Berube, Beverly Ellis. We continually have an excellent satisfaction rating from our clients reflected in our extremely high retention rate. The Cablish family has been in the accounting profession for four generations spanning eight decades. Homer Sr. originated it in the 1940's, followed by Homer Jr. in the 1950's.
It began in Maysville, Kentucky when Homer Sr. moved from there to Ft. Myers, Florida in the 1960's. It continued in 1972 when Homer Jr. came to Bradenton, Florida as well to work for Arnold & Company. In the 1970's, Homer III started working part-time with Arnold & Company and was finishing college, first at Morehead State University and then at the University of Florida.
In 1980, Homer Cablish Jr. and Son was formed and in 1983 Homer Cablish III, CPA began. In 1998, Val Cablish joined the firm and today is the owner along with Jim Gentile to create Cablish & Gentile, CPAs, LLC. Val is Managing Partner of Cablish & Gentile, CPAs, LLC.
It began in Maysville, Kentucky when Homer Sr. moved from there to Ft. Myers, Florida in the 1960's. It continued in 1972 when Homer Jr. came to Bradenton, Florida as well to work for Arnold & Company. In the 1970's, Homer III started working part-time with Arnold & Company and was finishing college, first at Morehead State University and then at the University of Florida.
In 1980, Homer Cablish Jr. and Son was formed and in 1983 Homer Cablish III, CPA began. In 1998, Val Cablish joined the firm and today is the owner along with Jim Gentile to create Cablish & Gentile, CPAs, LLC. Val is Managing Partner of Cablish & Gentile, CPAs, LLC.
Services
Cablish & Gentile, CPAs, LLC provides a wide range of services to individuals and businesses in a variety of industries.
At Cablish & Gentile, CPAs, LLC, 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.
At Cablish & Gentile, CPAs, LLC, 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.
For Prospective clients, it describes who we are and why we should be your Certified Public Accountant.
For our valued current clients it provides a wide variety of information, with up-to-date information such as tax due dates, informative articles and financial calculators to assist them.
Our family business has its roots dating back to the late 1940's, with Homer Sr. providing accounting services in his family owned grocery store in Maysville Kentucky.
We have been in business for over 40 years, with a combined staff experience of over 160 years experience.
For our valued current clients it provides a wide variety of information, with up-to-date information such as tax due dates, informative articles and financial calculators to assist them.
Our family business has its roots dating back to the late 1940's, with Homer Sr. providing accounting services in his family owned grocery store in Maysville Kentucky.
We have been in business for over 40 years, with a combined staff experience of over 160 years experience.
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.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
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.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
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.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
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.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
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.
Calendar-year S corporations must file a 2020 income tax return (Form 1120S) and pay any tax, interest and penalties due, if an automatic six-month extension was filed.
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.
Calendar-year S corporations must file a 2020 income tax return (Form 1120S) and pay any tax, interest and penalties due, if an automatic six-month extension was filed.
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