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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๐——๐—ผ๐—ฒ๐˜€ ๐—บ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐˜† ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ฅ&๐—— ๐˜๐—ฎ๐˜… ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜ ๐˜๐—ต๐—ถ๐˜€ ๐˜†๐—ฒ๐—ฎ๐—ฟ?
You donโ€™t need scientists on staff, but the IRS requires your project to hit four specific benchmarks:
1. You set out to build or improve a product, process, or software.
2. The work relied on hard science, engineering, or software development.
3. You faced technical uncertainty about how to achieve the end result when you started.
4. You used a process of trial and error to figure it out.

If you spent time and payroll working through those kinds of technical hurdles this year, you likely qualify. That includes projects that were ultimately scrapped.

๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜ ๐—ฅ&๐—— if you want to find out if any projects in your business would apply for 2027 filing.
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๐——๐—ผ๐—ฒ๐˜€ ๐—บ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐˜† ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ฅ&๐—— ๐˜๐—ฎ๐˜… ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜ ๐˜๐—ต๐—ถ๐˜€ ๐˜†๐—ฒ๐—ฎ๐—ฟ?
You donโ€™t need scientists on staff, but the IRS requires your project to hit four specific benchmarks:
1. You set out to build or improve a product, process, or software.
2. The work relied on hard science, engineering, or software development.
3. You faced technical uncertainty about how to achieve the end result when you started.
4. You used a process of trial and error to figure it out.

If you spent time and payroll working through those kinds of technical hurdles this year, you likely qualify. That includes projects that were ultimately scrapped.

๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜ ๐—ฅ&๐—— if you want to find out if any projects in your business would apply for 2027 filing.

๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐—ผ๐—ป๐—ฒ ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—ผ๐—ฟ ๐˜๐—ฎ๐˜… ๐—ฟ๐˜‚๐—น๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ต๐—ฎ๐—ฑ ๐˜๐—ผ ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ป ๐˜๐—ต๐—ฒ ๐—ต๐—ฎ๐—ฟ๐—ฑ ๐˜„๐—ฎ๐˜† ๐—ฎ๐˜€ ๐—ฎ๐—ป ๐—ฎ๐—ฑ๐˜‚๐—น๐˜ ๐˜๐—ต๐—ฎ๐˜ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ถ๐˜€๐—ต ๐˜„๐—ฎ๐˜€ ๐˜๐—ฎ๐˜‚๐—ด๐—ต๐˜ ๐—ถ๐—ป ๐—ต๐—ถ๐—ด๐—ต ๐˜€๐—ฐ๐—ต๐—ผ๐—ผ๐—น?

Whether it's how W-4 withholdings work, how interest adds up, or how credit scores are calculated, we've all had that moment. Drop yours below!
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๐—ฆ๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—œ ๐—ฎ๐—ฑ๐—ท๐˜‚๐˜€๐˜ ๐—บ๐˜† ๐˜๐—ฎ๐˜… ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜† ๐—ฎ๐—ณ๐˜๐—ฒ๐—ฟ ๐—ฎ ๐—ฑ๐—ถ๐˜ƒ๐—ผ๐—ฟ๐—ฐ๐—ฒ?

Yes, because your tax status has changed, and if you don't note that, you could end up paying more in taxes than you should.

Do these two things as soon as possible:
1. Update your W-4, switching to Single or Head of Household
2. Assign child tax credits to whichever parent qualifies for the full dollar amount. (Check income phase-outs before deciding who claims the kids.)
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First State CPAs
& Associates
18 S. State St,
Dover, DE 19901
 (302) 736-6657
Business Hours
 
January 1st January 31st
Mondayโ€“Friday:8amโ€“5pm
Saturday & Sunday:closed
 
February 1st April 15th
Mondayโ€“Thursday:8amโ€“6pm
Friday:8amโ€“5pm
Saturday:By appointment
Sunday:closed
 
April 16th December 31st
Mondayโ€“Thursday:8amโ€“5pm
Friday, Saturday & Sunday:closed