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.

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons

The IRS's take on cryptocurrency has changed frequently, but right now crypto is considered property for tax purposes (and subject to gain and loss reporting requirements on a tax return).

They've been getting steadily stricter about reporting crypto transactions. It’s a fair bet they’ll be even more so in years to come.

Make sure you know your obligations and plan for them.
And if you have any questions, drop them in the comments below and we'll do our best to answer them.
... See MoreSee Less

Are your tax documents from this past tax season sitting on your desk waiting to be filed away?

When it comes to holding onto tax documents, hit a balance of complete and adequate records stored neatly.

⏭️ Most obviously, keep the state and federal tax returns you filed.
⏭️ Save anything that backs up what’s on your return (Forms 1099, W-2s, and other income statements).
⏭️ Keep any 1099-Bs or 1099-INTs that you got from banks, brokerages, and investment firms.
⏭️ Organize and file confirmation slips or statements for any mutual fund shares, stocks, or other securities you bought or sold.
... See MoreSee Less

Are your tax documents from this past tax season sitting on your desk waiting to be filed away?

When it comes to holding onto tax documents, hit a balance of complete and adequate records stored neatly.

⏭️ Most obviously, keep the state and federal tax returns you filed.
⏭️ Save anything that backs up what’s on your return (Forms 1099, W-2s, and other income statements).
⏭️ Keep any 1099-Bs or 1099-INTs that you got from banks, brokerages, and investment firms.
⏭️ Organize and file confirmation slips or statements for any mutual fund shares, stocks, or other securities you bought or sold.

A thought for you...

Perhaps you enjoy building things and have turned your hobby into a side hustle building decks and fences on the weekends (or some such). Get your kids involved in the process as they grow older, and perhaps you can pass along a valuable trade. Even if they become accountants or nurses, having the knowledge and experience of a trade to fall back on could be incredibly valuable to them over a lifetime.
... See MoreSee Less

A thought for you...

Perhaps you enjoy building things and have turned your hobby into a side hustle building decks and fences on the weekends (or some such). Get your kids involved in the process as they grow older, and perhaps you can pass along a valuable trade. Even if they become accountants or nurses, having the knowledge and experience of a trade to fall back on could be incredibly valuable to them over a lifetime.
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First State CPAs
& Associates
18 S. State St,
Dover, DE 19901
 (302) 736-6657
Business Hours
January 1st April 15th
Monday–Friday:8am–5pm
Saturday & Sunday:closed
April 16th December 31st
Monday–Thursday:8am–5pm
Friday, Saturday & Sunday:closed