Perriello Accounting and Tax Services, LLC

07/30/2025

IRS Commissioner Billy Long suggests that processing of Individual Income Tax Returns for the year ending December 31, 2025 may not begin until February 16, 2026; by contrast, processing of 2024 returns began January 27, 2025.

Commissioner Billy Long explained his management philosophy at the 2025 Tax Summit of the National Association of Enrolled Agents, where he said IRS employees will be able to implement the OBBBA’s tax provisions.

01/09/2024

Now THIS is the way to end a dreary day like today.

07/27/2023

One of the most helpful tools for reducing tax on small-business owners is the business mileage deduction. 26 USC § 274 requires taxpayers taking a deduction for business mileage to substantiate that deduction with records of the time and place visited, as well as the business purpose. Beyond that, not all mileage that is thought of as being "for business" is necessarily for business.

The IRS is very quick to disallow what they consider "excessive" vehicle deductions if a taxpayer can't quickly produce documentation supporting any mileage deduction they take.

Be proactive; talk to me about what steps you can take to record business mileage throughout the year, and don't wait to try and recreate your mileage after you've received an IRS letter.

07/25/2023

Thank you for choosing us as Lower Burrell’s Neighborhood Favorite ”Pet Services” for a 4th year in a row! 🥰🥰🥰

07/14/2023

It's becoming a lot more common for people to file tax returns in States other than where they reside. With the prevalence of “telecommuting”, “teleworking”, etc., a person who lives in and carries out their employment functions entirely in one state may find their employer erroneously withholding and remitting income tax to another.

Complicating matters, many employers utilize “portals” and other online resources to provide information to employees that has, traditionally, been shown on a paper "pay stub", leading to a situation where an employee may not even know that they’re paying income tax in the wrong state.

The result is that an employee can end up with a tax liability in their home state, along with a penalty for failure to properly remit income tax timely, and have to file an income tax return in another state to claim a refund - a process which can be, in a word, cumbersome.

If you’ve taken up telework employment with an out-of-state company with no local office where you reside, be sure that your employer is withholding properly. If they're not, talk to me about how you can remedy that situation quickly, what your tax filing obligations may be and how you can potentially expedite your out-of-state refund claim.

07/13/2023

Perhaps the most cringe moments in my engagements with clients are when they ask me if I do work with someone they know who actually is a client, or when a financial institution calls me out of the blue and says something along the lines of, "such-and-such" client gave us permission to talk to you.

Ethically, unless a client provides me with written authorization, I can't disclose anything about them or their affairs to any party other than an authorized taxing agency - the IRS, a State's Department of Revenue or a local taxing agency such as Berkheimer, Keystone, etc. There are both criminal and civil penalties for knowingly releasing client information without their consent, and yet it appears the cost of using "free" tax preparation services through H&R Block, TaxAct, TaxSlayer et al is that they shared such data with, among others, Google, "recklessly" violating both criminal and civil statutes.

https://arstechnica.com/tech-policy/2023/07/meta-wont-say-what-happened-to-taxpayer-data-it-may-have-illegally-collected/