Pellegrino, McFarland and Tortora PA

Quarterly estimated tax payments exist for a reason: paying as you go beats a lump sum shock in April.

If you're self-employed, run a business, or have income without withholding, staying current each quarter helps you avoid underpayment penalties and keeps cash flow steady all year. A little planning now saves a lot of stress later.

Big news, and it's now permanent.

The Qualified Business Income deduction provides up to 20% off qualified income for pass-through owners and is no longer set to expire. If you run an S-corp, partnership, or sole proprietorship, this changes how you can plan.

Permanent doesn't mean automatic. Eligibility still depends on your entity type, income level, and industry. Talk to your CPA about what it means for your specific structure.

Questions about how this affects your business? Our team is ready to help.

A missed deposit deadline or misclassified employee can trigger IRS penalties fast, and they add up quicker than most owners expect.

Payroll compliance isn't just about cutting checks on time. It's accurate filings, correct deposits, and staying ahead of rules that change more often than you'd think.

We handle the details so you don't have to think twice about payroll. ✅

Our sister firm Quantum Cyber Security and Investigations, Inc. is hosting FREE AI WORKSHOP for business owners.

It's designed for owners who want to know AI but haven't figured out how.

🗓️ TWO DATES AVAILABLE
Thursday August 13 or Tuesday August 25
9am, virtual session, join from anywhere

RSVP by emailing [email protected] and we'll send you a meeting link to join. 📧

AI is everywhere right now...

In the news, in your software, in every other conversation with fellow business owners.

Most of it is hype, and it's hard to follow.

Join our free hour built specifically for small business owners: plain-English basics on where to actually start, no jargon, no technical background required.

TWO DATES AVAILABLE
Thursday, August 13 or Tuesday, August 25

9 AM, held virtually.

RSVP: (941) 256-8845 or [email protected].

Did you know we have a blog that we regularly update with latest information on accounting, tax, and how prepare beyond the usual tax season?

Read one of our articles here: https://www.linkedin.com/posts/pellegrinomcfarlandtortora_sarasota-is-full-of-non-profits-that-seek-activity-7482803639657517057-gpfb?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAACAXHFkB88ipYqUSYFuSwIVqg_Wact92hmY

If you have a LinkedIn account, subscribe to stay updated 🔗

A real succession plan goes beyond paperwork—it protects your family, streamlines operations, optimizes tax strategies, and secures your business’s true value.

If your business depends entirely on you to run, it is not ready to transition.

Start the conversation today to build a strategy that lasts 📈

Schedule a 30-minute succession planning consultation at PHMMCPA.COM or call 941.365.1172.

Your books shouldn't be the reason you're working late. From bookkeeping and payroll to financial reporting, our team handles the numbers so you can focus on what you do best — running your business. 📊

Sarasota businesses have trusted PM&T since 1992 for accurate and timely accounting.

Interested in learning more about our services?

Visit phmmcpa.com to get started or call our office (941) 365-1172 to schedule an appointment.

At PMT, our work is rooted in something deeper than numbers.

Since 1992, we have committed to serving Christ by serving others and letting Him direct our path in everything we do. 🙏