Scott and Company LLC

07/16/2026

𝗜𝗥𝗦 𝗠𝗶𝗱-𝗬𝗲𝗮𝗿 𝗠𝗶𝗹𝗲𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗨𝗽𝗱𝗮𝘁𝗲

Effective July 1, 2026, the IRS has updated the optional standard mileage rates for business, medical, and moving purposes. These revised rates remain in effect through the end of 2026.

📊 New rates (July 1 – Dec 31, 2026):

• Business: $0.76 per mile
• Medical and Moving: $0.235 per mile
• Charitable: $0.14 per mile

For the first half of 2026 (Jan 1 to June 30), the rates were $0.725 for business, $0.205 for medical/moving, and $0.14 for charitable.

🔹 Full details and guidelines are available via the Internal Revenue Service: https://www.irs.gov/irb/2026-29_irb -2026-11

07/07/2026

📈 Your 40s aren't just another decade — they're a critical pivot point for building real wealth. This breaks down how to make sure your savings, investments, and debt strategy are all working toward your long-term goals, plus why shifting from "set it and forget it" to intentional planning makes all the difference now.

🔗 https://www.kiplinger.com/personal-finance/how-to-save-money/an-essential-money-checklist-for-your-40s

Your 40s can set the stage for the rest of your financial life. Discover wealth-building strategies that your future self will thank you for.

06/17/2026

Death and taxes are certain. But settling an estate? That can turn into a scavenger hunt.

When someone passes away, the hardest part often isn't the big legal questions — it's the small, hidden things no one knew about:

→ A storage unit nobody knew existed, days from being auctioned
→ Auto-drafted insurance lapsing because the card was canceled at death, then a scramble to reinstate coverage on an empty house
→ A safe deposit box drilled open because the keys were lost
→ Subscriptions billing month after month with no way to shut them off

As our records have gone digital, they can disappear right along with a person's online footprint.

The fix is simpler than you'd think. Alongside a will, power of attorney, and healthcare POA, create a Next of Kin list — a single place that captures your accounts, logins, insurance policies, property, and the location of important documents. Keep it under lock and key, since it'll store passwords and login credentials.

It's one of the kindest things you can do for the people you leave behind.

➡️ Read the full article: https://scottandco.com/blog/avoiding-the-scavenger-hunt-for-your-estate

By: Bill West, CPA - Tax Member of Scott and Company CPAs There are three certainties in life: death, taxes (which explains my career choice), and no rule

05/28/2026

Congratulations to Cassie Jones on the arrival of her newest little — baby girl Olivia! 🎀 We couldn't be happier for your growing family.

05/20/2026

𝗢𝗻 𝘁𝗵𝗲 𝗠𝗼𝘃𝗲 𝘄𝗶𝘁𝗵 𝗦𝗰𝗼𝘁𝘁 𝗮𝗻𝗱 𝗖𝗼. ✨

We love seeing our team make the most of their time away from the office!

Amanda Hawkins, CPA, recently traded spreadsheets for Mickey ears and enjoyed a magical Disney trip with her family. We hope it was every bit as fun as it looks, Amanda! 🐭

For more On the Move with Scott and Co. moments, follow us on Instagram

05/13/2026

Professional credibility is earned, not given — and Mike Aponte, CPA, has put in the work. From intern in 2018 to Audit Manager today, Mike's journey reflects the persistence, integrity, and genuine care for others that define the best in this profession. We're grateful to have him on our team and couldn't be prouder to see Columbia Metropolitan Magazine tell his story. Read the full feature at the link below. 👇

https://bit.ly/4uRunux

Built to Last: Mike Aponte, CPA, on Persistence, Purpose, and Leading with Integrity Professional credibility is earned, not given. Ambition,…

05/07/2026

is a wrap, and what a few days it was! Connecting with peers, quality continuing education, exchanging ideas, and thinking boldly about what's ahead — the BDO Alliance EVOLVE26 conference delivered on all fronts. Grateful for this community and excited to bring these ideas back to our clients!

05/04/2026

The Scott and Company team enjoyed some time outside of work together following a successful tax season — a reminder that the people behind the work are what make it meaningful.

04/29/2026

𝟱 𝗪𝗮𝘆𝘀 𝘁𝗼 𝗦𝗵𝗼𝗿𝘁𝗲𝗻 𝗬𝗼𝘂𝗿 𝗔𝘂𝗱𝗶𝘁 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲 𝘁𝗼 𝗠𝗮𝗸𝗲 𝗕𝗲𝘁𝘁𝗲𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀

The faster your audit wraps up, the faster you have the financial clarity to make smart business decisions. An audit that drags on for months keeps you in the dark about your true financial position — and that's a disadvantage you can't afford.

Whether you're planning for growth, evaluating performance, or seeking funding, timely audit results give you the confidence to move forward.

Scott and Company CPA's latest article walks you through five proactive steps to streamline the process and get the insights you need sooner.

Read more ⬇️
https://scottandco.com/blog/5-ways-to-shorten-your-audit-timeline-to-make-better-financial-decisions

04/07/2026

𝗬𝗲𝗮𝗿𝘀 𝗼𝗳 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽, 𝗯𝘂𝗶𝗹𝘁 𝗼𝗻 𝘁𝗿𝘂𝘀𝘁. 🤝

Compliance and tax strategy delivered with straightforward advice, deep expertise, and years of trust. Hear directly from Cynthia Saunders with Dick Dyer & Associates about what partnering with Scott and Company means to them.

👉 Watch the full testimonial: https://youtu.be/xWNmHzmQwyY?list=TLGGVr6ca49HzLsxNTEyMjAyNQ

🎉 This story is part of our celebration of 30 years of redefining what an accounting firm can be. Follow along as we share more stories of partnership, trust, and extraordinary service: https://scottandco.com/about -years