Kent, Parker & Associates

Kent, Parker & Associates provides quality and personalized financial guidance to inividuals and businesses. Kent, Parker & Associates's expertise ranges from basic tax management and accounting services to more in-depth services such as Financial Planning and IRS Representation to name a few. Kent, Parker & Associates is one of the leading firms in and throughout the Southeastern Massachusetts and Cape Cod areas. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve. Our dedication to high standards and work ethic is the reason our client base returns year after year. Our Mission Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals. This requires open communication to reach an understanding of our clients' needs through research and sound analysis. Kent, Parker & Associates is dedicated to meeting these goals with high standards of excellence and professionalism. The Partners and Staff of Kent, Parker & Associates have been a staple of Southeastern Massachusetts' business community for years, and pride ourselves on the level of esteem we have earned. Our dedication to hard work has earned the respect of the business and financial community in and throughout the Southeastern MA and Cape Cod areas. We believe this to be a direct derivative of our talent and responsiveness to our client base. Whether you are a current or prospective client, rest assured that individuals and businesses who choose Kent, Parker & Associates receive competent and timely advice. Our Team Donald W. Kent, PFS, CPA Partner Email: [email protected] Phone: [phone] (Falmouth Office) Jonathan L. Parker, CPA Partner Email: [email protected] Phone: [phone] (Falmouth Office) Phone: [phone] (North Easton Office) Kent, Parker & Associates 668 Main Street, Suite 203 Falmouth, MA 02540 Telephone: [phone] Fax: [phone] Kent, Parker & Associates Satellite Office 50 Oliver Street Suite #215 North Easton, MA 02356 Telephone: [phone] Fax: [phone]

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Thoughts Regarding Multiple State Tax Issues

Thoughts Regarding Multiple State Tax Issues

Multiple State tax filing issues affect individuals, corporations, partnerships, trusts.

There are many reasons where multi state tax filings are required. Here are just a few:

Own a piece of rental property in another state

Military personnel who have non-military income in another state

Married couples who work in different states

Moved to another state during the year

Corporations with…

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Tax Law Changes 2014

Summer is coming to an end. There are still beach days ahead, but with each passing day that inevitable time is coming – tax season. There are other changes that are more general/business related and not directly affecting your bottom line. With that said, it’s never too early to consider some of the changes that 2014 will bring.

FEDERAL

Health insurance tax penalty – From the Affordable Care…

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Identity Theft

Assuming you have access to some form of media, whether it be the television, radio, or internet, you generally will find some news regarding identity theft. I just learned today that eBay had a security breach and are asking all eBay members to change their passwords. TJX and Target are two recent cases of personal information being stolen (credit card #’s, addresses, etc.). Our firm had a…

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Unlikely Accountants!

Unlikely Accountants!.

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Post Tax Season Thoughts

Two weeks past the April 15th brick wall, the CPA’s worst nightmare. Speaking for myself, and I trust many other CPA’s, we are not basking in glory as an athlete would winning a championship. Instead, this CPA is just glad I made it out of the tax season ring alive.

My thoughts have nothing to do with the months that have just passed. Instead, my thoughts are fixated on the future. In several of…

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Thanks to our Clients!

I have another very important thank you to make on this day after tax season.

A HUGE thank you to all of our clients!! Without you we wouldn’t exist. I know, you’ve heard that with sports, etc. (without the fans there would be no professional sports), but as in sports it has true meaning in business.

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Tax Day has Passed!

April 16th..a coating of snow on the ground. For this CPA, another tax season has passed, and on April 16th every year, I can explain how I feel very simply….phew.

My partner Donald Kent & I did our usual grind it out work many hours thing, as most CPA’s do during tax season.

I want to personally thank two important people that helped make tax season be the best it could be:

Amanda Wigmore –…

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Tax Season's Final Hours

Before I say anything tax or accounting related, first I must address an issue much more important than my work – Happy 31st Birthday to my son Joshua!! What you see on our blog, our Facebook page, our website – its look and feel is mostly attributable to my son. I provide some content and ideas, and then I step away and let him do his thing. I couldn’t be happier with what I see. I don’t micro…

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Ask Your CPA

I see the light at the end of the tunnel. April 15th is almost here. Woohoo!! But that isn’t the point of this blog entry.

I want to touch on a subject from previous blogs, ones in which I mentioned that when January 1 rolls around I become a historian in preparing taxes and cannot go back and change what was done the previous year, and also tax planning. In both of these instances, it generally…

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Corporation Income Tax Return Thoughts

In my last blog entry I made note that corporation income tax returns (Form 1120 – C Corporations, and Form 1120S – S Corporations) are due March 15th (March 17th since the 15th falls on a Saturday). It’s a little late to offer up tax planning strategies for 2013, but that doesn’t mean you shouldn’t be thinking about tax implications every day with your business.

Purchasing equipment, vehicles,…

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Financial Projections and Forecasts

March 15th is the deadline for filing December year-end corporation income tax returns. Although this is an important day on the calendar of a business, it’s just a day to be compliant with the Internal Revenue Service. The Form 1120 (1120S for S-Corporations) reports the prior year’s activities, but does nothing to generate profit, a company’s lifeblood.

Financial Projections and Forecasts are…

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Assurance and Advisory Services

I write this entry deep in the heart of tax season with my head buried in 1040’s and 1120’s. That doesn’t change the fact that we provide not only tax compliance services, but other services as well.  I deem all of the services we provide important, but Assurance and Advisory Services are on the top tier of that list. But what does this particular service entail?

When a tax return or financial…

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Bookkeeping/Write-Up

My last blog entry was about QuickBooks, the program I personally consider the best on the market for small/medium business accounting. QuickBooks is a tool for keeping a business’s accounting records in order. But the program doesn’t work by itself – it…

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QuickBooks is the most widely used small business accounting program on the market. According to… http://wp.me/s3WQOK-163

QuickBooks is the most widely used small business accounting program on the market. According to various sources, QuickBooks has a 90% market share of small business accounting software. As such, we find a majority of our small business clients use…

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Accounting Services

Taxes. It’s all the rage this time of year – joy for some, anguish for others. When April 15th looms so close, it’s the focus of a CPA’s workload. But that’s not the only service we provide. For businesses, accounting services are equally, if not more…

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IRS Representation

Those dreaded three letters – IRS.

Three letters to ease your mind from those dreaded three letters – CPA.

As Certified Public Accountants, we deal with the Internal Revenue Service and state agencies on your behalf upon your request. We prepare and have…

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Tax Management Services

It’s mid-January. A majority of Americans are beginning to have thoughts of taxes on their minds. “I hate taxes”; “I wonder if I’m getting a refund this year. I need the money.”; “What’s the hurry. I know I owe.”

The base of most CPA firms is Tax…

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