Powers Accounting
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We are based in the Liverpool, NY area and serve small business owners in handling all of their finan
06/16/2025
https://youtu.be/EbT5-F8N0pk?si=WF3_m6fR7v0zg0ka
Powers Accounting with George Powers Welcome to The Local Show, with your host, Tom Soccocio Jr. along with friend and co-host Steve Roberts.On the Local Show we have conversations about local b...
10/31/2024
As we celebrate Halloween, we extend our warmest wishes for a fun and safe celebration. Whether you are trick-or-treating, hosting a gathering, or simply enjoying the fall weather, we hope you and your family have a wonderful time.
As always, if you have any questions or need assistance as we enter November, please feel free to reach out to our team. We are here to help.
10/24/2024
Tax season will be here before you know it! Here are a few tips to avoid tax-time stress:
đ Stay Organized: Use an expense tracking app or spreadsheet to record and categorize expenses. Set up a filing system for financial documents and calendar reminders to avoid missing due dates.
đ¸ Plan Deductible Purchases: Consider moving forward with deductible items before year's end, such as education expenses, home office costs, or medical expenses.
đ° Maximize Retirement Contributions: Contribute to your 401(k) or IRA accounts to reduce your tax burden. 2024 limits are $23,000 for a 401(k) and $7,000 for an IRA, with extra contributions allowed for those 50 or older.
đ Check Your Credits: Take advantage of tax credits for education, energy-efficient home improvements, and electric vehicles.
Start your fall tax planning now to get organized and maximize your deductions and credits. Need help? Feel free to reach out to our team. We're here to assist with all your tax-related needs!
10/18/2024
Beneficial ownership reporting deadline is fast approaching Barring a federal court intervention, the filing deadline for all businesses created prior to 2024 that are required to file a beneficial ownership information (BOI) report with the Financial Crimes Enforcement Network (FinCEN) is Jan. 1, 2025. While an Arkansas federal judge has found the Corporate...
10/15/2024
We know that payroll can be a daunting task, and even the smallest mistake can have significant consequences.
With that in mind, we want to share some common payroll pitfalls to make note of. Swipe through to read about common payroll mistakes and how to avoid them âŠī¸
If you have any payroll questions or needs, feel free to reach out to our team. We're here to help!
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About Us
We understand it's hard to keep up with all aspects of running a business - especially those items that aren't critical to the everyday operations, but are still necessary. Our partnership relieves our clients of time-consuming and often confusing accounting tasks. This allows business owners to allocate the time they would have spent on those tasks to other areas of the business that require their attention and efforts.
The Powers Team brings years of experience to the small business owner who is faced with the need to increase profitability, decrease taxes, avoid tax notices and surprises, and keep account of all their finances. To manage your business profitably, you need the right financial data, advice, and services. We provide the accounting, bookkeeping, tax, business consultation, and payroll solutions you need most.
As our client, you get an entire accounting team dedicated to you and your business. Even better yet, you are guaranteed one-on-one time with our bookkeeping specialists, who will help you navigate all the complexities of small business accounting on an ongoing basis.
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Website
Address
7481 Morgan Road Ste 2
Liverpool, NY
13090
Opening Hours
| Monday | 8am - 4:30pm |
| Tuesday | 8am - 4:30pm |
| Wednesday | 8am - 4:30pm |
| Thursday | 8am - 4:30pm |
| Friday | 8am - 4:30pm |