Welcome to First State CPAs & Associates

Full-Service Accounting, Tax Preparation, Tax Planning and Bookkeeping for Individuals and Businesses Nationwide

At First State CPAs, we make YOUR life less taxing!

First State CPAs & Associates specializes in providing first-rate business accounting, tax preparation, and advisory services. Our team of dedicated professionals has the experience, insight, and business acumen to identify the best accounting solutions and tax strategies for maximizing deductions and credits, as well as improving overall business performance.


First State CPAs, Dover DEWe specialize in bookkeeping, payroll, income tax return preparation, and retirement planning, and serve a nationwide clientele consisting of individuals and businesses of all types and sizes (LLC, partnerships, C & S Corporations), as well as trusts and estates. As financial problem solvers, we provide practical advice and proactive solutions with personalized service. We are affordable, experienced, and friendly, and we tirelessly study and research the ever-changing world of tax law and regulation so that we can help every client realize the greatest possible savings and return on investments. Our office is conveniently located in Dover, Delaware. Please contact us today to find out more about how we can make YOUR life less taxing!

Tax
Services

First State CPAs, Dover DE - Tax Services
A comprehensive approach to both business and personal taxes that leverages veteran expertise with a passion for client satisfaction.

Accounting
Services

First State CPAs, Dover DE - Accounting Services
An uncompromising commitment to the most reliable accounting techniques and practices for both individuals and businesses.

Software
Services

First State CPAs, Dover DE - Software Services
Installation, setup and training for all versions of Quickbooks from in-house Advanced Certified Quickbooks ProAdvisors.

Retirement
Planning

First State CPAs, Dover DE - Retirement Planning
Invaluable guidance from in-house Certified Retirement Counselors with investments, risk management, estate planning and more.

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The Child Tax Credit increased from $2,000 to $2,200 (per qualifying dependent) for 2025.

Of that, up to $1,700 is refundable. Meaning you can receive it as part of your refund even if you donโ€™t owe any taxes.

๐—œ๐—ป ๐—ฟ๐—ฒ๐—ฎ๐—น-๐—น๐—ถ๐—ณ๐—ฒ ๐˜๐—ฒ๐—ฟ๐—บ๐˜€: If you owe $1,000 in taxes and have one qualifying child, the $2,200 credit wipes out your tax bill ๐˜ข๐˜ฏ๐˜ฅ could put part of the remaining amount (up to $1,700 per child if you qualify for the refundable portion) back in your pocket.
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The Child Tax Credit increased from $2,000 to $2,200 (per qualifying dependent) for 2025.

Of that, up to $1,700 is refundable. Meaning you can receive it as part of your refund even if you donโ€™t owe any taxes.

๐—œ๐—ป ๐—ฟ๐—ฒ๐—ฎ๐—น-๐—น๐—ถ๐—ณ๐—ฒ ๐˜๐—ฒ๐—ฟ๐—บ๐˜€: If you owe $1,000 in taxes and have one qualifying child, the $2,200 credit wipes out your tax bill ๐˜ข๐˜ฏ๐˜ฅ could put part of the remaining amount (up to $1,700 per child if you qualify for the refundable portion) back in your pocket.

๐—ช๐—ต๐˜† ๐—ฐ๐—ฎ๐—ปโ€™๐˜ ๐—œ ๐—บ๐—ถ๐˜… ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ๐˜€?

Clean accounting is necessary to know where your business stands with profits, losses, trends, cash flow, and the rest.

Without this clarity, youโ€™ll struggle to make informed decisions for your business.

Then there are the taxes. Your deductions, losses, and even your right to claim certain credits depend on having an audit trail.

Without clear separation, you might lose deductions youโ€™re entitled to. (Or send up a red flag for the IRS to take a closer look, i.e., spending your time in an audit.)
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First State CPAs
& Associates
18 S. State St,
Dover, DE 19901
 (302) 736-6657
Business Hours
January 1st April 15th
Mondayโ€“Friday:8amโ€“5pm
Saturday & Sunday:closed
April 16th December 31st
Mondayโ€“Thursday:8amโ€“5pm
Friday, Saturday & Sunday:closed