Scott B. Price and Company is a boutique CPA firm located in the heart of the San Francisco financial district.  Our firm has been providing value added professional services to individuals and small businesses for over 30 years. Our talented team consists of a team of eighteen accounting and tax professionals. We service clients in the Bay Area and nationwide with accounting, compilation, review, audit, tax planning and compliance, as well as software consulting, implementation of accounting software, budgeting, and forecasting.

Our clients span a wide range of industries and consist of individuals, partnerships, small businesses, start-up companies, non-profit organizations, estates, and trusts. Our firm is paperless, we work in a cloud based environment and utilize the most modern, efficient and secure technology to service our clients.

Our website features information about our firm, news from the accounting industry, and certain tools and calculators designed to help you with high level analysis and quick reference. We hope you find the site useful and informative.  Some of the tools, links, and news on our website provide general calculations and guidance without consideration of particular laws, thresholds and circumstances which vary from situation to situation. We advise you to schedule an appointment to speak with one of our professionals to discuss your personal financial situation prior to making any significant decisions with regard to these matters.

As the 2024 tax year draws to a close, we encourage you to begin assembling information that will be needed to prepare and file your 2024 Annual Information Tax Returns, including Forms 1096, 1099 and 1098 (Mortgage Interest Statement), as applicable. ….

We are sending this communication to provide you with a time-sensitive update of the latest legal development regarding the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). Time is of the essence for entities to file the reports as the deadline for submission is generally January 13, 2025.

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We are writing to inform you of an important change in federal tax payment procedures that may affect your filing and payment obligations. Under Executive Order 14247, the U.S. Department of the Treasury will require all federal tax payments and refunds to be made electronically beginning September 30, 2025. ….

As part of our ongoing efforts to bring you the latest security updates to ensure that you keep your tax data as secure as possible, we strongly encourage you, and your spouse and dependent/s, if applicable, to set up an online account with the IRS and California Franchise Tax Board and then apply for an IP PIN. ….