Pless & Company CPAs, P.A.

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Pless & Company CPAs, P.A. Our firm offers financial services for businesses and individuals. Call for your next appointment to Pless & Company CPAs, P.A. How can our firm help YOU?

is a small full-service accounting firm located just off of Hillandale Road & I-85 in Durham, NC. Our primary goal is to assist individuals and businesses in their economic growth, success and underlying profitability. Our services include individual tax preparation, business tax preparation, QuickBooks support, bookkeeping and payroll service, W-2 and 1099 preparation, business & tax planning, individual & estate tax planning, review & compilation services, assistance with IRS & NCDOR problem resolution. Don't underestimate the value and importance of managing your business or personal financial health! To obtain economic growth, you need to know where you stand financially to be able to plan ahead. A key factor in reaching your financial goals is having a solid relationship with an accountant that you can trust. Our office currently employs three Certified Public Accountants (two of which are former Internal Revenue Service agents) as well as a knowledgeable and personable staff. Let us handle all of your accounting needs. Call us today!

Many 401(k) plans have “vesting schedules,” or timelines for when certain employer matching contributions become yours. ...
11/03/2026

Many 401(k) plans have “vesting schedules,” or timelines for when certain employer matching contributions become yours. So before you switch jobs, make sure you know what percentage of your retirement savings is vested. Some plans vest immediately, but others take several years to fully vest. If you leave before matching funds have vested, you may forfeit some or all of your current employer’s matches. Contact us at (919) 683-2614 for help with retirement planning as your career progresses.

Buyer beware! If you acquire a business with delinquent tax obligations, you could become liable for those debts. Your e...
11/02/2026

Buyer beware! If you acquire a business with delinquent tax obligations, you could become liable for those debts. Your exposure primarily depends on how the deal is structured. In an asset purchase, buyers can generally avoid liabilities associated with the business, but certain state laws may allow creditors or tax authorities to pursue transferred assets. When buying ownership interests, liabilities typically remain with the business entity. Due diligence should include reviewing several years of tax returns for unpaid income, payroll, sales and property taxes, uncertain tax positions, and undisclosed liabilities. Call us at (919) 683-2614 for help identifying potential risks before closing.

The IRS has released its 2026–2027 per diem rates for certain business travel expenses, effective Oct. 1, 2026. Under th...
10/30/2026

The IRS has released its 2026–2027 per diem rates for certain business travel expenses, effective Oct. 1, 2026. Under the high-low substantiation method, the rate for lodging, meals and incidental expenses for travel to high-cost localities within the continental United States (CONUS) rises to $329 per day, from $319. The rate for other CONUS localities rises to $230, from $225. The portion attributable to meals remains $86 for high-cost areas and $74 for other areas. The incidental-expenses-only rate remains $5. Employers can pay more than the IRS per diem rates, but excess amounts generally must be substantiated or treated as taxable wages. Contact us at (919) 683-2614 to learn about all your options for substantiating business travel expenses.

We’re more than just tax and accounting professionals. We’re your partners in business growth. Beyond preparing your tax...
10/28/2026

We’re more than just tax and accounting professionals. We’re your partners in business growth. Beyond preparing your tax returns and keeping your books in order, we can help you improve cash flow, safely plan for expansion and make smarter financial decisions. Let’s talk about how our advisory services can strengthen your strategic planning, streamline operations, and uncover new opportunities for long-term growth and success. Call us today at (919) 683-2614 to schedule a consultation.

You must pay the alternative minimum tax (AMT) if your AMT liability exceeds your regular tax liability. An exemption of...
10/27/2026

You must pay the alternative minimum tax (AMT) if your AMT liability exceeds your regular tax liability. An exemption of $90,100 is available ($140,200 for joint filers, half that for separate filers), but it phases out when income exceeds certain levels — which have dropped for 2026. Plus, the exemption is now phased out twice as fast as in 2025. Add to that the impact of a potentially larger state and local tax deduction (which isn’t AMT-deductible), and you might be at higher AMT risk this year. Call us at (919) 683-2614 for help assessing your risk and finding strategies to minimize your taxes.

If your business offers employees a 401(k) plan, be sure to comply with all applicable regulations. Misunderstanding or ...
10/26/2026

If your business offers employees a 401(k) plan, be sure to comply with all applicable regulations. Misunderstanding or inadvertently ignoring eligibility rules — for example, when workers must be allowed to start participating — can result in IRS penalties. It can also harm employees who are mistakenly excluded. Contact us at (919) 683-2614 with questions.

If you’re sending money abroad, beware of a possible 1% excise tax. This new tax generally applies to transfers of cash,...
10/23/2026

If you’re sending money abroad, beware of a possible 1% excise tax. This new tax generally applies to transfers of cash, money orders or cashier’s checks from U.S. senders to foreign recipients via certain remittance transfer providers such as Western Union and MoneyGram. But transfers made via credit or debit card, bank account transfer, or digital wallet aren’t subject to the excise tax. Essentially, the tax doesn’t apply to transfers from accounts in financial institutions subject to Bank Secrecy Act requirements or to credit or debit cards issued in the U.S. So to avoid the extra expense, consider using a card or ACH transfer from your own bank account. Contact us at (919) 683-2614 to learn more.

Severe weather and other threats to a business’s ability to operate can occur at any time. Although you can’t foresee ev...
10/21/2026

Severe weather and other threats to a business’s ability to operate can occur at any time. Although you can’t foresee every disaster, you can put together a comprehensive business continuity plan that addresses most potential threats. If you don’t have a plan in place, implement basic protections immediately, such as an evacuation strategy and insurance. But, from there, take your time to get it right. Call us at (919) 683-2614 for help identifying and managing the costs associated with a business continuity plan.

According to the Federal Reserve, only 54% of U.S. households have saved money in a dedicated retirement plan. Unfortuna...
10/20/2026

According to the Federal Reserve, only 54% of U.S. households have saved money in a dedicated retirement plan. Unfortunately, most people can’t enjoy a secure retirement with Social Security benefits alone. If other priorities have prevented you from investing, contact us at {Phone%}. We can review your income, budget and goals and assist with establishing a retirement savings plan that can help you catch up!

Eligibility for Achieving a Better Life Experience (ABLE) accounts has expanded to individuals whose blindness or disabi...
10/19/2026

Eligibility for Achieving a Better Life Experience (ABLE) accounts has expanded to individuals whose blindness or disability began before age 46. Until this year, the blindness or disability had to have begun before age 26. As a result, many people who weren’t previously eligible can benefit from these accounts beginning in 2026. ABLE accounts offer tax-advantaged savings for qualified disability expenses. The 2026 contribution limit is generally $20,000. In some cases, 529 plan funds can be rolled over tax-free to ABLE accounts, counting toward the annual limit. Call us at (919) 683-2614 to learn more.

Address

2726 Croasdaile Drive, Ste 101
Durham, NC
27705

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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