Welcome to Scott & Cronin LLP, one of the leading Certified Public Accounting firms in San Diego County. Unlike other CPA firms, Scott & Cronin LLP offers more than just accounting, auditing and tax preparation. We specialize in providing innovative tax planning ideas on wealth management and retirement planning to high net worth individuals. Everything today is changing at a faster pace, including taxation, auditing and accounting. That's why clients need ideas that count and accounting guidance that matters.
Services
Our mission is to help clients maintain financial vitality in the present, while taking a proactive approach to achieve future goals. This requires open communication, an in-depth understanding of our clients' needs and sound research and analysis. Scott & Cronin, LLP is dedicated to meeting these goals with the highest standards of excellence and professionalism.
For years, Scott & Cronin, LLP has been providing quality, personalized financial guidance to local individuals and businesses. Our expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning. Scott & Cronin, LLP is one of the leading firms in and throughout the area.
Scott & Cronin LLP is a full-service firm offering tax planning, tax preparation, accounting and auditing services to a variety of professionals, entrepreneurs, closely-held corporations, partnerships and limited liability companies. We recognize the need for providing innovative advice and practical solutions to the challenges facing businesses as they grow.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred. The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
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