Welcome

Scott B. Price and Company has been providing professional services to individuals and small businesses for nearly 25 years. Our firm is registered with the Public Company Accounting Oversight Board (PCAOB) and consists of a team of twelve accounting professionals. Our team serves clients in the Bay Area and nationwide with accounting, compilation, review, audit, tax planning and compliance, as well as software consulting, implementation of accounting software, budgeting, and forecasting. Our clients span a wide range of industries and consist of individuals, partnerships, small businesses, start-up companies, non profit organizations, estates, and trusts.

Our website features information about our firm, news from the accounting industry, and certain tools and calculators designed to help you with high level analysis and quick reference. We hope you find the site useful and informative.

Some of the tools, links, and news on our website provide general calculations and guidance without consideration of particular laws, thresholds and circumstances which vary from situation to situation. We advise you to schedule an appointment to speak with one of our professionals to discuss your personal financial situation prior to making any significant decisions with regards to these matters.

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Recent News

Audit Team Ready for Financial Reform Bill

July 23, 2010

On Wednesday, President Barack Obama approved a major financial regulatory reform package. Among other provisions, one element of the Dodd-Frank Act directly affects auditors of broker-dealers. The Dodd-Frank Act expands the Public Accounting Oversight Board (PCAOB)’s authority to oversee these audit firms. read article

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New version of amended Form 941 return to be released in August

July 7, 2010

The IRS advised participants on the July monthly payroll industry telephone conference call that a new version of Form 941-X, Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund, that was originally expected to be issued by the end of June, will not be issued until early August. The form is being revised as a result of a provision in the Hiring Incentives to Restore Employment Act (HIRE Act, P.L. 111-147), known as the “payroll tax exemption,” that provides certain employers with an exemption from their share of the Social Security taxes (6.2% tax rate) on wages paid to qualified new hires from March 19, 2010 to Dec. 31, 2010. The payroll tax exemption is reported by most employers on Form 941, Employer's Quarterly Federal Tax Return, beginning with the second quarter 2010 return due on Aug. 2, 2010. Form 941 was recently revised to include the payroll tax exemption. read article

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Office Move

July 3, 2010

Our offices are now located at 456 Montgomery Street, Suite 1040 San Francisco, CA 94104. Please note our new address and visit us soon. read article