Consultation is provided at my office, over zoom meetings, the phone, emails or at your site. I have saved clients tens of thousands of dollars working through complex issues and tax account resolution with successful use of the IRS Offer In Compromise program and proposed change response. I provide QuickBooks web based and local software support.
This is a terrific resource in getting accurate and timely information, and I can work with you to prepare and interpret your financial data. A personal milestone too - this is now my 30th year assisting individuals and small businesses with services tailored to meet their needs and looking forward to exceeding expectations, mine and yours. On this website, you will find summary information about my accounting practice, including a list of services.
I have also provided you with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, news and links to other useful sites.
This is a terrific resource in getting accurate and timely information, and I can work with you to prepare and interpret your financial data. A personal milestone too - this is now my 30th year assisting individuals and small businesses with services tailored to meet their needs and looking forward to exceeding expectations, mine and yours. On this website, you will find summary information about my accounting practice, including a list of services.
I have also provided you with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, news and links to other useful sites.
Services
I have been a resident of Manheim Pennsylvania for 32 years.
In fact, I am the longest standing owner of our historic property on the Square since constructed in the late 1800s.
I take personal pride in renovation and maintenance of this old building.
I was born and raised in Bel Air, Maryland, and am a 1979 graduate of Frostburg State University, Frostburg, Maryland.
My professional background is in tax, venture capital, business planning, audits, QuickBooks computer support, consulting, internal audit and other services.
In fact, I am the longest standing owner of our historic property on the Square since constructed in the late 1800s.
I take personal pride in renovation and maintenance of this old building.
I was born and raised in Bel Air, Maryland, and am a 1979 graduate of Frostburg State University, Frostburg, Maryland.
My professional background is in tax, venture capital, business planning, audits, QuickBooks computer support, consulting, internal audit and other services.
Tax preparation: individuals, corporations, partnerships; most electronically filed at no additional cost.
QuickBooks installation, training and support.
Small business consultation and support.
Payroll quarterly tax reports for withholding, unemployment reporting.
Payroll annual tax reporting, employee W2s.
Vendor annual 1099s.
Sales tax monitoring, preparation and submissions.
Now including payment through PayPal, Visa, Mastercard, Discover, American Express, and of course cash and checks.
Founded in 1991 to serve small businesses and individuals in a regionally convenient office on the Square of Manheim, I take care of local community needs but also Lancaster, Harrisburg, Lebanon, Lititz and points in between.
QuickBooks installation, training and support.
Small business consultation and support.
Payroll quarterly tax reports for withholding, unemployment reporting.
Payroll annual tax reporting, employee W2s.
Vendor annual 1099s.
Sales tax monitoring, preparation and submissions.
Now including payment through PayPal, Visa, Mastercard, Discover, American Express, and of course cash and checks.
Founded in 1991 to serve small businesses and individuals in a regionally convenient office on the Square of Manheim, I take care of local community needs but also Lancaster, Harrisburg, Lebanon, Lititz and points in between.
Eric B. Phillips CPA provides a wide range of services to individuals and businesses in a variety of industries.
I 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.
With our familiarity with your financial affairs, we make ourselves available to discuss any topic with you in strict confidentiality.
We will listen and factor the information you provide into the context of the tax law or other regulation in effect at that time.
I 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.
With our familiarity with your financial affairs, we make ourselves available to discuss any topic with you in strict confidentiality.
We will listen and factor the information you provide into the context of the tax law or other regulation in effect at that time.
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.
Reviews
Be the first to review Eric B Phillips & Associates.
Write a Review
