Bandura CPA, LLC

Our Firm has rebranded to Peters Bandura.

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Peters Bandura CPAs Accounting is what we do best.
Peters Bandura, LLC is licensed in AL and specializes in Accounting. We are professional, experienced, and affordable. We offer a broad range of services for business owners, executives, and independent professionals.

As you may know, each year I take a look at my own business and assess how I can handle things better and more efficiently for clients. As the old saying goes, “Two heads are better than one.” This past year, I began working with WM Peters Company. We quickly realized that we share similar philosophies in both how we approach and service our clients. For that reason and after long and careful consideration, we have decided to merge Bandura CPA, LLC with WM Peters Company, LLC.

The firm name will be WM Peters Company for now. We will be working to determine a new company name and brand identity. The directors for the new company will be Mike Peters, CPA and Anthony Bandura, CPA, with each firm’s employees staying in the same roles.

The following items will not change:
We will now have two office locations:
Mike Peters at 2900 6th Ave. S.
Birmingham, AL 35233
Anthony Bandura at 2700 Corporate Drive, Ste. 200
Birmingham, AL 35242

You will continue to receive great accounting, tax and advisory services to help each client achieve their unique goals.

We will continue to keep you up to date on the latest changes in tax laws so you can make informed decisions throughout the year.

If you have any questions on this merger, please do not hesitate to contact me. We plan to communicate any further changes as they happen in the process of bringing both businesses together.


Best Regards,

Anthony Bandura, CPA

The IRS has advised that they will waive underpayment penalties (tax geeks will recognize these as section 6654 penalties) so long as withholding and estimated tax payments total at least 85% percent of the tax shown on the return for the 2018 taxable year.

IRS Offers Some Penalty Relief For Taxpayers Who Didn't Withhold Enough In 2018 Last year, the General Accounting Office (GAO) warned that millions of taxpayers could owe more in taxes come tax time. To ease the burden on taxpayers, the Internal Revenue Service (IRS) has advised that penalty relief may be available.

There are new Partnership tax rules for 2018.

Issues and considerations in appointing a partnership representative This item discusses issues partnerships and their advisers should consider when designating a PR or DI, accounting for the potential for conflicts of interest, whether and to what extent limitations can be placed on the PR or DI, and how these roles differ dramatically from that of the TMP.

2018 Year End Tax Planning Tips

Year-End Tax Tips and Tax Reform for Business and Individual Clients Get a summary of end-of-year tax tips around tax reform for you to consider with your business and individual clients.

Not actually true in the tax code for 2018. But still funny.

How to avoid any problems in an Tax Return audit.

8 things that could increase your chances of being audited, and how to avoid them Here, CPA Cari Weston details eight potential triggers that will increase your chances of being audited this tax season.

Here's another way to save for retirement and get some major tax benefits.

Rich professionals barred from tax break find pension painkiller There’s one area where the traditional pension plan is getting new life — as a tax dodge for wealthy business owners.

Here’s a quick list of some of the changes made to the tax code for this year.

A Quick Comparison Of Tax Reform Changes | taxgirl The Tax Cuts & Jobs Act, which was signed into law in 2017, mostly took effect for individual taxpayers beginning in the 2018 tax year. You can find a summary of changes here but I thought it might also be helpful to have some visuals. Here’s a look at some of the changes and how they...

I get these questions often.

As Time Runs Out, Here Are Answers To Popular Tax Extension Questions Taxpayers still have just about a week to file 2017 tax returns with an extension. Here are the answers to some of the most popular questions about extensions.

encourages taxpayers with children and other dependents to check their withholding soon

Tax Withholding | Internal Revenue Service Body The Tax Cuts and Jobs Act changed the way tax is calculated. The IRS encourages everyone to perform a “paycheck checkup” to see if you have the right amount of tax withheld for your personal situation. For employees, withholding is the amount of federal income tax withheld from your paychec...

New $500 Credit For Dependents & Head Of Household Status

IRS Issues Guidance On New $500 Credit For Dependents & Head Of Household Status Today, the Internal Revenue Service (IRS) announced that it intended to issue proposed regulations to clarify who is a qualifying relative for the new $500 credit for dependents and head of household filing status.