Summer is here, and your teenage sons and daughters may be starting seasonal or part-time employment for the first time. A summer job is a great way to earn money and gain experience, but it can also introduce your child to taxes for the first time. Understanding a few basic tax rules can help families...Read More
With the April filing deadline behind us, May is one of the best times of the year to focus on proactive tax planning. Many taxpayers wait until year-end to think about taxes, but planning earlier often creates more opportunities to reduce surprises and improve overall financial outcomes. Here are a few things to keep in...Read More
For over 100 years, Maymont has been sharing its beautiful grounds with the public. On Saturday, May 2, one of their most beloved and favorite spaces is reopening after a two-year improvement project. The Virginia Wildlife Trail is celebrating its reopening from 10:00 AM to 4:00 PM with all three entrances open. If you have...Read More
Many taxpayers who are expecting federal tax refunds are discovering a delay in receiving them. The culprit. Missing or incorrect bank information on their tax return. Unfortunately, if you are one of these people, you may already have received IRS Notice CP53E stating as much and requesting you to update your banking information. You must...Read More
Tax season is officially underway, and we’re here to help make this year’s filing as smooth as possible. With the April 15 deadline approaching, now is the time to organize your documents and get them to your tax preparer if you have not done so already. Make sure you have all your W-2s, 1099s (for freelance, interest,...Read More
We wanted to share some important information regarding the upcoming tax season. Please be sure to send your tax information to us no later than Monday, March 2, 2026, so we may have as much time as possible to process the return on time. Sending your information after Monday, March 2 may result in having...Read More
Happy holidays to you and your family from your tax preparers at Pearson & Co.! We wish you joy, peace, and a prosperous 2026! Remember to be on the lookout for year-end statements in the mail and in your email (sometimes in your junk or spam folder) that are needed to prepare your tax return....Read More
Happy Thanksgiving! As we enter the holiday season, the crew here at Pearson and Co. wanted to express our sincere thanks and gratitude to you for trusting us with your tax preparation needs. We look forward to helping you again in this upcoming tax season. There are many tax changes to be aware of due...Read More
Fall is here and that means cooler temperatures and amazing natural beauty in the Commonwealth. Make sure to spend time outdoors to take advantage of the incredible colors and scenery we are lucky to have here! And for those times indoors early next year during the winter months, here are a few documents to remember...Read More
Don’t Wait Until December: Plan Your 2025 Taxes Now As we move into the final quarter of 2025, now is the ideal time to take a proactive look at your tax situation. Waiting until December often leaves little room to make meaningful adjustments. A few smart steps today can help with your 2025 tax liability...Read More
