Rolleri & Sheppard CPAS, LLP

Are you prepared for tax season? ? With this time of year upon us, it's crucial to arm yourself with the knowledge and preparation needed to navigate it successfully. ? In our latest video blog, Managing Partner Ryan C. Sheppard, CPA, CFF reviews some tax season basics, including tips for choosing the right CPA, effective record-keeping practices, IRS audit risk factors, and what to anticipate with tax changes under the new administration. ? Watch the full video: https://lnkd.in/ezKgJNYb ? #TaxSeason #Accounting #CPA

With the February 18th SCOTUS ruling Beneficial Ownership Reporting (BOI) is once again in effect and now due MARCH 21, 2025. Details at https://bit.ly/3Co8GvU

The Child Tax Credit (CTC) is available to eligible taxpayers with children under age 17. For 2024 and 2025, the credit is up to $2,000 for each qualifying child and is partially refundable. You qualify for the full CTC amount if you meet all eligibility factors and your adjusted gross income isn’t more than $200,000 ($400,000 if married and filing jointly). Parents with higher incomes may be eligible to claim a partial credit. You must include the child’s Social Security number on your return. In 2026, the maximum CTC is scheduled to drop to $1,000 per qualifying child unless Congress acts to extend the higher amount.

Meet Nick D. Trewartha, CPA, Senior Auditor at Rolleri & Sheppard CPAS, LLP. Nick joined our team in 2023, bringing nearly five years of auditing experience and a strong dedication to supporting the local community through his work. Outside of the office, Nick channels his energy into running marathons, proving his dedication extends far beyond his professional life. To learn more about the Rolleri & Sheppard team, see the following link: https://lnkd.in/eq6aQrTv #CPA #MeetTheTeam #Accounting

Going through a divorce? Splitting assets can be more complicated than just dividing property in half, as not all assets are created equal when taxes come into play. From retirement accounts to investment properties and stock portfolios, every asset comes with unique tax considerations, and it’s vital to factor in these details to ensure both parties understand the true value of what they’re walking away with. A fair property split isn’t just about numbers—it’s about creating a clear, equitable outcome for everyone involved, and Ryan C. Sheppard, CPA, CFF can tell you more in our latest video blog. Click the link below to watch: https://lnkd.in/ezZvchKu #assetdivision #divorce #taxtips

Why is an annual alimony reconciliation so important? Many divorce and separation agreements include provisions for annual alimony reconciliations- and for good reason. These yearly reviews offer financial clarity and peace of mind for both parties, helping to minimize disputes and reduce the risk of costly, complex legal battles in the future. In this video blog, Managing Partner Ryan C. Sheppard, CPA, CFF,?covers the basics of alimony reconciliation and why it's crucial for ensuring a fair and accurate agreement. Click below to watch: https://lnkd.in/ezZvchKu #alimony #divorce #spousalsupport

Meet Sarah Shagloof, Senior Accountant at Rolleri & Sheppard CPAS, LLP. Sarah has been a valued member of our team since 2021. With experience in both individual and business tax preparation, she also provides tax planning services, helping clients prepare for a secure financial future. In her free time, Sarah enjoys taking her dog for walks and baking elaborate cakes for friends and family. For more about the Rolleri & Sheppard team, see the following link: https://lnkd.in/eq6aQrTv #Accountant #TaxPlanning #MeetTheTeam

What are the basics of the tax rules surrounding alimony? If alimony impacts your financial situation, understanding the tax rules is essential, and having a clear grasp of these regulations can help you plan effectively and avoid potential complications. In this video blog, Managing Partner Ryan C. Sheppard, CPA, CFF,?breaks down the fundamentals of alimony tax rules, explores changes to these regulations and the reasons behind them, and what this means for your taxes if alimony is a factor. Watch the full video: https://lnkd.in/ezZvchKu #Alimony #FinancialPlanning #Taxes

Meet Randi Weinstein, Audit Manager at Rolleri & Sheppard CPAS, LLP. Since joining the team in 2015, Randi has been an invaluable asset, managing an array of responsibilities including accounting, sales tax, auditing, and attestation services. An integral part of our audit team, she oversees Broker Dealer and Not-For-Profit audits, along with other A&A engagements. Additionally, Randi serves as a trusted Bookkeeper and Management Advisor, delivering exceptional service to several of our high-profile clients. Randi is a certified public accountant whose career has spanned both the public and private sectors. She began her career as an auditor with a “Big 8” Accounting firm before taking on the role of Budget Analyst for the U.S. Atlanta Olympic Committee during the 1996 Olympic Games. She later served as a Financial Analyst for a leading consumer goods company, all while consistently providing exceptional bookkeeping and managerial services to independent clients throughout her professional journey. Her career has come full circle working at Rolleri and Sheppard, and we are lucky to have her. To learn more about the Rolleri & Sheppard team, please click the link below. https://lnkd.in/eq6aQrTv #MeetTheTeam #CPA #Accounting

Alimony is a key consideration for many divorcing couples, and it's crucial to understand how it may impact your taxes. In this video blog, Managing Partner Ryan C. Sheppard, CPA, CFF,?discusses the tax rules surrounding alimony, including an overview of alimony reconciliation and its importance, how children and dependency work for divorced parents, property splits, and more. Watch the full video to learn more: https://lnkd.in/ezZvchKu #Alimony #FinancialPlanning #Divorce