Scott, Stackrow & Co, CPAs, PC

Scott, Stackrow & Co, CPAs, PC Scott, Stackrow & Co. CPAs, P.C. New website rolls out beginning of December.

Our firm is staffed with seasoned certified public accountants, experienced in all matters of accounting and taxation, estates and trusts, business formation, financial planning and investment, real estate and business sales. has stood side-by-side with hundreds of local businesses of all sizes in our Capital Region community for 35 years, dedicated to their financial health. We believe our role –

careful tax planning, preparing tax returns, conducting audits, and providing forensic accounting – contributes to the overall economic strengthening of our regional community, where we, too, work and play. Our mission is to provide exceptional service to our clients while creating an atmosphere that will promote, support, and reward our staff for making a difference. Nestled at the top of Hoosick Street in Troy, NY in a beautifully landscaped building with private parking, the warm and friendly staff work in a setting of old-world charm with its cherry wood trim and sage accents. Our firm is staffed with seasoned certified public accountants, and Managing Partner David M. Stackrow, CPA, is well-versed in local industries and one of the most experienced CPAs in the region. We are experienced in all matters of accounting and taxation, IRS problem resolution, estates and trusts, business formation, financial planning and investment, real estate and business sales. Tax, labor and business laws are changing, and the most businesses can predict is unpredictability. Here at Scott, Stackrow & Co., we stand prepared to do what we do best, so business owners and individuals can focus on what they do best.

Did you request an extension to file your 2025 individual federal income tax return? If so, you have until Oct. 15, 2026...
09/04/2026

Did you request an extension to file your 2025 individual federal income tax return? If so, you have until Oct. 15, 2026, to file it. But if you have the tax-filing information you need, you may want to file now. There’s no advantage to waiting until the deadline. If you owe tax, the IRS offers short- and long-term payment plans, as well as installment agreements, to taxpayers who qualify. It’s important to act quickly if you owe because any amount that was due April 15 accrues interest until the balance is paid. Call us at (518) 274-9081 if you need help filing your extended return or have questions regarding your current tax situation.

When debts are not paid to your business, it may be possible to claim a bad debt deduction to offset the financial loss....
09/03/2026

When debts are not paid to your business, it may be possible to claim a bad debt deduction to offset the financial loss. In order to qualify, businesses must satisfy specific federal tax rules and maintain adequate records to support the deduction. Learn more in our latest newsletter: https://www.scottstackrow.com/newsletter.php #1

Call the professionals at Scott, Stackrow & Co., CPAs, P.C. to learn more about our services for small businesses and individuals and to schedule your free initial evaluation today! https://www.scottstackrow.com

Owning assets jointly with your adult child can invite unwelcome tax consequences that may outweigh potential benefits. ...
09/02/2026

Owning assets jointly with your adult child can invite unwelcome tax consequences that may outweigh potential benefits. For example, owning an asset together as “joint tenants with right of survivorship” can open up transfer tax exposure. If you add your child to the title of property you already own, it may be considered a taxable gift of half the property’s value. And when you die, half of the property’s value will be included in your taxable estate. A properly designed trust can be a more tax-efficient option. Call us at (518) 274-9081 for details.

Donating artwork, antiques, collectibles or other tangible personal property that has appreciated in value can produce v...
09/01/2026

Donating artwork, antiques, collectibles or other tangible personal property that has appreciated in value can produce very different tax results depending on the charity’s use of the item. If the use directly supports the organization’s mission — such as an antique donated to a museum for its collection — you may be able to deduct fair market value. But if the item will be used for another purpose, such as being sold at a fundraising auction, your deduction may be limited to what you originally paid for it. Contact us at (518) 274-9081 before making a donation to discuss your potential deduction and the applicable substantiation requirements.

Pay too much in taxes this year? Contact the professionals at Scott, Stackrow & Co., CPAs, P.C. and receive a no charge ...
08/31/2026

Pay too much in taxes this year? Contact the professionals at Scott, Stackrow & Co., CPAs, P.C. and receive a no charge initial evaluation.

We are a full-service accounting firm licensed in New York State and Vermont. Since 1982 we have been providing professional accounting, tax and financial planning and preparation service for Capital Region businesses, executives and independent professionals at affordable rates. https://www.scottstackrow.com/

Are your bills piling up? Managing accounts payable can be challenging for small businesses — especially when payment ob...
08/31/2026

Are your bills piling up? Managing accounts payable can be challenging for small businesses — especially when payment obligations aren’t clearly tracked. QuickBooks Online tools can help by organizing upcoming bills, automating bill entry, and simplifying electronic or check payments. Stronger payables management may reduce missed deadlines and late fees and improve cash flow visibility. We can help your business use QuickBooks Online more efficiently and streamline your payables process. Contact us at (518) 274-9081 to learn more.

Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of...
08/28/2026

Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of the awards are tax-free. To qualify for tax-free status, scholarships must meet three criteria: 1) The student must be a degree candidate at an eligible educational institution, 2) the award must be used to pay for tuition and fees, books, and certain supplies (not room and board or travel), and 3) the award can’t represent wages for teaching or research. Many graduate student awards have employment compensation components, so they may be taxable. Also, taxable scholarship money could potentially be subject to the “kiddie” tax. Contact us at (518) 274-9081 for more information.

🌴 Could your next summer vacation come with potential tax benefits? Learn how business owners may be able to turn certai...
08/27/2026

🌴 Could your next summer vacation come with potential tax benefits? Learn how business owners may be able to turn certain travel expenses into legitimate tax deductions with the right strategies and planning.

Explore this financial guide on our website to discover ways to make your travel work smarter for your business. https://www.scottstackrow.com/taxstrategies-businessowners.php

Call the professionals at Scott, Stackrow & Co., CPAs, P.C. to learn more about our services for small businesses and individuals and to schedule your free initial evaluation today! https://www.scottstackrow.com

Whether your business sponsors a 401(k) plan or is considering it, automatic enrollment deserves a fresh look. This feat...
08/26/2026

Whether your business sponsors a 401(k) plan or is considering it, automatic enrollment deserves a fresh look. This feature automatically enrolls eligible employees in the plan unless they opt out or choose a different contribution rate. Under the SECURE 2.0 Act, many 401(k) plans established on or after December 29, 2022, must include an auto-enroll feature for plan years beginning after December 31, 2024. (Some exceptions may apply.) Older plans generally aren’t required to add this feature, but doing so can benefit both employers and employees. Call us at (518) 274-9081 for more information.

Access to the right funding can make all the difference for a small business.Whether you're managing cash flow, planning...
08/25/2026

Access to the right funding can make all the difference for a small business.
Whether you're managing cash flow, planning for growth, or investing in equipment and other long-term assets, understanding your financing options is key to making confident business decisions. Our newsletter has details: https://www.scottstackrow.com/newsletter.php #2

Call the professionals at Scott, Stackrow & Co., CPAs, P.C. to learn more about our services for small businesses and individuals and to schedule your free initial evaluation today! https://www.scottstackrow.com

Address

314 Hoosick Street
Troy, NY
12180

Opening Hours

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

Telephone

(518) 274-9081

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