Pereira and Company, CPA

Pereira and Company, CPA Pereira and Company, CPA provides Tax Preparation and Accounting services for Individuals and Businesses

We strive to meet the needs of our clients by providing outstanding service. Our firm provides this service because of our dedication to the principles of Respect, Quality and Responsiveness. Business Tax

Some of our business tax services include:
-Tax Preparation for: Corporations; Partnerships; Limited Liability Companies; Limited Liability, Partnerships, and S Corporations.
-Change of Entity
-

Tax Effects of Buying/ Selling a Business
-Sales and Use Tax Returns
-Personal Property Tax Returns

Making a difference for 20+ years. We give the same attention to all clients, no matter how large or small. The accounting, tax preparation, and other financial services we provide are tailored to the unique needs of each client, ensuring the possible results and maximized returns. We are well-informed and continually adapt to the ever-changing world of tax law and accounting. At Pereira and Company, CPA, we are far more than number crunchers. We strive to become a trusted advisor and partner to our clients. We pride ourselves on our quick response time to our clients’ questions and concerns. We have greater knowledge of the ever changing tax law than most other accountants, and we share that knowledge to teach our clients better strategies for them to keep more of their money. We believe in staying abreast of every client’s current projects and ventures. We also see the significance in referring new clients and business partners to our clients, to help boost their profits. As a result, Pereira and Company’s clients are long-term and loyal.

If your trust is subject to high state income tax, you may be able to change its residence (or “situs”) to a state with ...
08/31/2026

If your trust is subject to high state income tax, you may be able to change its residence (or “situs”) to a state with low or no income taxes. Relocating a trust may offer a tax advantage if the trust is an irrevocable nongrantor trust, accumulates (rather than distributes) substantial amounts of ordinary income or capital gains, and can be moved to a state with low or no taxes on accumulated trust income. Call us at (678) 799-7772 for more information.

Recent tax law changes made the New Markets Tax Credit permanent. This program encourages private investment in economic...
08/27/2026

Recent tax law changes made the New Markets Tax Credit permanent. This program encourages private investment in economically distressed communities by offering federal income tax credits to qualifying investors.

If your business invests in a certified community development entity (CDE), you may be eligible for a credit equal to 39% of your investment over seven years. Alternatively, your business may benefit indirectly by receiving CDE financing for renovations, equipment, expansion or other eligible projects in qualifying low-income communities.

We can help you estimate the potential tax or financing benefits and comply with the applicable requirements. Call us at (678) 799-7772 to learn more.

Do you know the difference between IRS liens and levies? A federal tax lien arises when you fail to pay taxes after rece...
08/26/2026

Do you know the difference between IRS liens and levies? A federal tax lien arises when you fail to pay taxes after receiving an IRS bill or notice. It’s a legal claim against your property, including real estate and other assets, which can affect your ability to secure credit or complete financial transactions. A levy may be the next step if your debt remains unresolved. The IRS can seize assets — such as wages or bank funds — to satisfy the debt. In short, a lien protects the IRS’s interest, while a levy enforces collection. If you receive collection notices, don’t ignore them! Acting quickly can help open the door to resolution options. Call us at (678) 799-7772.

If your child is heading to college this fall, tax breaks may be available. For example, you might be eligible for the A...
08/25/2026

If your child is heading to college this fall, tax breaks may be available. For example, you might be eligible for the American Opportunity Tax Credit (AOTC) of up to $2,500 per student for the first four years of college. But the AOTC is phased out for married joint filers with modified adjusted gross income between $160,000 and $180,000 (between $80,000 and $90,000 for heads of households). If your child has a tax-advantaged education account, such as a 529 plan, tax-free withdrawals can be taken to pay qualified expenses. But expenses paid with tax-free withdrawals can’t be used to claim the AOTC. Call us at (678) 799-7772 to discuss these and other tax tips for your situation.

Owning assets jointly with your adult child can invite unwelcome tax consequences that may outweigh potential benefits. ...
08/24/2026

Owning assets jointly with your adult child can invite unwelcome tax consequences that may outweigh potential benefits. For example, owning an asset together as “joint tenants with right of survivorship” can open up transfer tax exposure. If you add your child to the title of property you already own, it may be considered a taxable gift of half the property’s value. And when you die, half of the property’s value will be included in your taxable estate. A properly designed trust can be a more tax-efficient option. Call us at (678) 799-7772 for details.

Your employees use Form W-4, “Employee’s Withholding Certificate,” to tell you how much federal income tax to withhold f...
08/20/2026

Your employees use Form W-4, “Employee’s Withholding Certificate,” to tell you how much federal income tax to withhold from their pay. Most forms are routine, but an altered certificate, unusual accompanying statement or IRS lock-in letter may require special handling. Employers generally aren’t responsible for verifying the information employees provide on W-4 forms. However, you must reject invalid forms, apply proper withholding rules when no valid form is on file and follow IRS withholding instructions. Reviewing your payroll procedures now can help prevent costly errors. Contact us at (678) 799-7772 for guidance on W-4 compliance and other payroll withholding issues.

Grabbing lunch with a client doesn’t just build rapport. It can also trim your tax bill. Under federal tax law, you can ...
08/19/2026

Grabbing lunch with a client doesn’t just build rapport. It can also trim your tax bill. Under federal tax law, you can generally deduct 50% of qualifying business meal costs. Whether you're dining with clients, partners or employees, these deductions can reduce your taxable income. Keep detailed records of the expenses, including receipts. Document the business purpose of each meal and the business relationship of the people you dine with. Contact us at (678) 799-7772 with any questions about this deduction.

Mutual funds offer an easy way to invest in a diversified portfolio. But the tax treatment isn’t so simple. One challeng...
08/18/2026

Mutual funds offer an easy way to invest in a diversified portfolio. But the tax treatment isn’t so simple. One challenge is that certain mutual fund transactions are treated as sales even though they might not seem like it. Another is that determining your tax basis for shares sold can be complicated, especially if you dispose of only part of your interest in the fund and the shares were acquired at different times for different prices. Also, mutual fund capital gains distributions are generally taxable, even when reinvested in the fund. If you have questions about the tax treatment of mutual funds, contact us at (678) 799-7772. We can help you be a tax-smart mutual fund investor.

Business owners: Should you use cash to pay federal tax debt or keep it for operational needs? Paying the IRS sooner may...
08/17/2026

Business owners: Should you use cash to pay federal tax debt or keep it for operational needs? Paying the IRS sooner may ease stress and reduce penalties, but draining cash can disrupt operations, payroll and growth. There’s no one-size-fits-all answer. In many cases, the IRS offers options — such as installment agreements, temporary collection holds or penalty relief — that may help you stay compliant while preserving cash flow. The biggest risk is choosing extremes, either depleting cash reserves or ignoring the issue. A balanced strategy often works best. Call us at (678) 799-7772. We can review your options and help you create a plan.

New tax rules may significantly reduce the cost of providing child care to your employees. Starting in 2026, the employe...
08/13/2026

New tax rules may significantly reduce the cost of providing child care to your employees. Starting in 2026, the employer-provided child care credit generally equals 40% of qualified facility expenses (up from 25%), plus 10% of qualified resource and referral costs, up to $500,000 (up from $150,000). Small businesses may qualify for a 50% rate on qualified facility expenses and a $600,000 limit. The credit may apply to operating your own facility, contracting with a qualified provider or participating in a jointly operated arrangement. But eligibility, additional limits and recapture rules require careful review. Contact us at (678) 799-7772 for help evaluating your options and projecting the credit’s value.

Address

1640 Powers Ferry Road, Building 3, Suite 150
Marietta, GA
30067

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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