Scott B. Price and Company has been providing professional services to individuals and small businesses for over 25 years. Our firm 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.
January 12, 2017
The California Franchise Tax Board (FTB) enables tax preparers to obtain information about their clients' tax accounts including confirmation of estimated tax payments, outstanding tax liabilities, access to notices issued and 1099s issued by the FTB. We can only have this access if you agree consent. For many of our clients we have established this access prior to December 31, 2016, however we are required to renew the access to your accounts again for the next twelve months. We are in the process of renewing our account access for clients who have already authorized the access in the past, and establishing the access for new clients and other clients for whom we believe that access to the FTB information will help us to be more efficient performing our services. You will be receiving a letter from the FTB notifying you of our request to renew the access or initiate access. The letter will state the name of the person(s) requesting access. The person(s) requesting access are the members of the team assigned to prepare or review your tax returns and ideally are names that you are already familiar with. If you don't object to renewing or initiating our access to your FTB account you do not need to take any action. If you do not want to grant access, then the FTB letter will provide instructions about how to notify them to withhold access. read article
October 26, 2016
We are writing to notify you that the State of California’s Franchise Tax Board (FTB) has launched an enhanced “My FTB” program. The upgraded system provides safe and secure tax account information online for both individuals and businesses. read article
October 20, 2016
We wanted to bring to your attention some matters that continue to be top concerns for many taxpayers. Both the IRS and state tax agencies are facing increased security risk with identity theft which affect thousands of taxpayers. Healthcare is another important issue for many taxpayers. Before we address those two issues, we want to briefly alert you to recent proposed regulations by the Treasury Department. read article