Shah & Trivedi CPA, PLLC

Shah & Trivedi CPA, PLLC Shah & Trivedi CPA, PLLC is leading North Carolina based full service CPA firm, where your financial success is our business.

Shah & Trivedi CPA, PLLC is a leading North Carolina based CPA firm providing accounting, tax, wealth management and business advisory services. Our mission is to make a difference with our quality, integrity and knowledge in our clients, our people, and the communities we live in.​​​​

Shah and Trivedi CPA, PLLC was founded by the partners having a combined experience of over 50 years. Our story

is pretty simple - we love what we do and have the passion to unlock the potential. We make it our business to really know our clients. Whether that means knowing their plans for the future of their business, the best way to fund their children's education, personal retirement goals, or even re-designing their financial goals, our clients know they can count on us to help them guide through the process

We are the member of the American Institute of Certified Public Accountants and the individuals of the professional staff holds membership within the North Carolina Board. We specialize in providing bookkeeping, payroll, tax, wealth management, retirement planning, college education funding, and business consultation for public, private, government and not-for-profit organizations. We believe in the value of developing personal relationships with our clients. These relationships are built on trust, integrity, following through with commitments, and being responsive to the needs of others. We understand your need for timely and accurate financial and tax reporting, and we will work to exceed your expectations. The core values we live up to are as follows:

•Honesty and Integrity - We meet our professional responsibilities in an ethical and fair manner
•Quality - We provide services of the highest quality to our clients that consistently exceed their expectations
•Professionalism and Knowledge - We ensure that we are continually learning, growing, and are recognized as thought leaders in the specialties
•Dignity and Respect - We treat every individual and relationship with dignity and respect
•Community - We support the communities in which we live, work and play with our collective human and financial resources

IRS reminder: Information return e-file system transitioning to a new platform
09/03/2026

IRS reminder: Information return e-file system transitioning to a new platform

IR-2026-99, Aug. 24, 2026 — The Internal Revenue Service today reminded information return filers who currently use the Filing Information Returns Electronically (FIRE) system to prepare now for the system’s retirement and transition to IRIS before the 2027 filing season.

IRS reminder: Extension filers can use IRS Free File this summer
09/02/2026

IRS reminder: Extension filers can use IRS Free File this summer

IR-2026-101, Aug. 26, 2026 — The Internal Revenue Service today encouraged taxpayers who requested an extension to file their 2025 federal tax return as soon as possible, rather than waiting until the Oct. 15 deadline.

If you get an email, text, letter or call that claims to be from the IRS — or if you see social media posts about how to...
08/28/2026

If you get an email, text, letter or call that claims to be from the IRS — or if you see social media posts about how to get a big refund — it might be a scam or bad tax advice.

What to know and do about tax scams, IRS impersonators and identity theft.

IRS updates FAQs about the limitation on the deduction for business interest expense
08/20/2026

IRS updates FAQs about the limitation on the deduction for business interest expense

IR-2026-94, Aug. 19, 2026 — The Internal Revenue Service today updated frequently asked questions about the limitation on the deduction for business interest expense.

IRS, Security Summit remind tax pros they need a Written Information Security Plan to protect client data
08/18/2026

IRS, Security Summit remind tax pros they need a Written Information Security Plan to protect client data

IR-2026-92, Aug.18, 2026 — The Internal Revenue Service and Security Summit partners today reminded tax professionals to protect client data with a Written Information Security Plan.

08/18/2026

S-corporation rules continue to be an area to watch

The AICPA's latest annual review of S corporation developments covers legislation, court decisions and IRS administrative developments affecting S corporations and shareholders during the year ending March 2026.

For clients filing 1120-S, this makes it especially important to review shareholder basis, distributions, compensation, K-1 reporting and eligibility issues rather than simply carrying forward prior-year treatment.

08/17/2026

. Important partnership reporting change

The IRS finalized regulations concerning §6050K reporting for sales or exchanges of certain partnership interests. Partnerships generally have additional time to calculate and furnish certain information to partners—generally until the due date of the partnership return rather than January 31. The final regulations became effective May 20, 2026.

This is particularly relevant when preparing Form 1065 and Schedule K-1s involving partnership-interest transactions.

2025 Form 1065/K-1 changes

For tax year 2025 returns being prepared in 2026, the IRS issued updated Form 1065 and Schedule K-1 instructions. Most of the form remains similar to 2024, but there are some changes, including a direct-deposit section for overpayments and a new Schedule K exception checkbox related to Schedule K-2.

08/13/2026

IRS expands Business Tax Account features — August 6, 2026

The IRS announced expanded features for the Business Tax Account (BTA), including the ability for eligible businesses to:

View digital IRS notices
Make payments online
View account information
Schedule payments up to one year in advance
Manage federal tax obligations electronically

References:
IRS – Business Tax Account expanded features
Journal of Accountancy – IRS adds notices and payment features to business tax accounts

Average Business Loan Rates in August 2026
08/11/2026

Average Business Loan Rates in August 2026

ompare business loan rates starting at 6.72%.

More than half the U.S. States signed up to participate in the federal scholarship tax credit program enacted under the ...
06/11/2026

More than half the U.S. States signed up to participate in the federal scholarship tax credit program enacted under the One, Big, Beautiful Bill

IR-2026-76, June 8, 2026 — The IRS announced that 27 states have elected to participate in the Federal Scholarship Tax Credit (FSTC) program, which enables eligible taxpayers to claim a federal tax credit for qualified contributions to Scholarship Granting Organizations (SGOs) providing scholarshi...

Address

Charlotte, NC

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5:30pm

Telephone

(980) 290-3600

Website

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