Our Company's history starts in the 1970's, when the doors opened for "Theodore Meiers Sr., Accountant" - a Sole Proprietor. The business grew rapidly, and began providing clients with Financial Planning, Accounting, Auditing, Tax, and other related services. Eventually Theodore Meiers Jr., Son, joined the business. The change in personnel necessitated a change in business structure, so Tessera Associates was 'born' in 2002, as a subchapter S Corporation, with the entire family having an ownership interest.
Services
Tessera Associates provides a wide range of services to individuals and businesses in a variety of industries. At Tessera Associates, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. At Tessera Associates, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
To Tessera Associates, and thank you for visiting our web site. We have designed the site with the idea of helping you achieve your vision of financial success. Recent events have shown that the importance of having relevant information cannot be overstated. Every day we hear stories that emphasize the needs for increased awareness of one's financial strategy, and evaluating its effectiveness on an ongoing basis.
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.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
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J. E.
May 04, 2021
Joylynn Brezee
Mar 26, 2021
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Mar 02, 2021
