COVID-19 Precautions: While our office remains staffed to service our clients, we ask anyone who is able to please communicate with us via email, phone, our Client Portal, the mail, or utilize our new document drop box located in our lobby entryway as much as possible in order to minimize in-person contact at this time.
Providing comprehensive accounting, tax, and consulting services tailored to the evolving needs of our clients.
Tax Services
Expert tax planning and preparation services critical for your financial success.
Fraternities & Sororities
Assistance with annual budgeting, membership billing, financial statements, and more.
Consulting
Services range from business structure and finance to personal financial planning.
Outsourced Finance & Accounting Services
Bookkeeping services, financial reporting, and more.
Assurance
Evaluating business and control risks for a variety of clients.
Peer Reviews
AICPA peer reviews for other independent CPA firms.
Firm Updates
Additional PPP Guidance Issued March 3, 2021
In response to the changes that the Biden-Harris Administration made to the Paycheck Protection Program (PPP) in a press release on February 22, 2021, the U.S. Small Business Administration (SBA) issued new guidance with interim final rule titled “Business Loan...
Like-Kind Exchanges
If your business owns one building, but you want to replace it with another building, what should you do? You could sell the building, recognizing and paying tax on any gain, and then buy a new building. Alternatively, you could defer the gain by exchanging the old...
Paycheck Protection Program & Employee Retention Credit Interaction
Qualified wages for which the employer claims the employee retention credit are excluded from payroll costs paid during the covered period that qualify for forgiveness under PPP. Section 2301(g)(1) of the CARES Act, as amended by the Relief Act, permits an eligible...
Clarifications Made Under Notice 2021-20
Clarifications Made Under Notice 2021-20 The CARES Act provided similar rules to section 51(i)(1) of the Internal Revenue Code, that apply to the Employee Retention Credit (ERC). Wages paid to “related individuals” may not be taken into account for determining the...
Testimonials
“For nearly 30 years, Sciarabba Walker has guided our various companies with accurate and timely tax preparation, comprehensive accounting, and consulting. They consistently take a professional yet personal approach. One of their strongest attributes is their quickness to respond and resolve the many financial challenges that arise, no matter how large or small they may be. They have been exceptional in overcoming any challenges.
Sciarabba Walker has been an integral part in the growth and success of our companies. From the formation of our first corporate entity to finalizing a personal tax return, the process has always been seamless.”
Mark Campagnolo, The Boatyard Grill, Ciao Wood-Fired Pizza & Pasta, Marina Realty of Ithaca
“MPL has used the extremely organized and professional services of Sciarabba Walker since 2009, helping our business transition from a small startup company to a successful 40-employee contract manufacturer. We’ve always felt that Sciarabba Walker sets itself apart from other firms by focusing on customer care and making each client feel like a top priority. Every staff member we have worked with has been knowledgeable, responsive, and a pleasure to deal with. I’m very happy with their services on both a business and personal level.”
Shane French, MPL Inc.
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