Odom & Company, LLP is one of the most trusted and experienced CPA firms in High Point, North Carolina. We have been in the business of helping our client's navigate the complex world of accounting and tax laws for more than fifty years. Our firm consists of experienced accountants focusing on your needs in the areas of accounting, tax planning and preparation, financial, retirement and estate planning, and divorce planning.
At Odom & Company, LLP we are committed to providing quality services in a timely manner. We are accessible, responsive and dedicated to helping our clients achieve success and would welcome the opportunity to serve you. Dan founded the practice in 1963 and has worked very hard over the years to make it a successful practice serving many individuals and businesses.
At Odom & Company, LLP we are committed to providing quality services in a timely manner. We are accessible, responsive and dedicated to helping our clients achieve success and would welcome the opportunity to serve you. Dan founded the practice in 1963 and has worked very hard over the years to make it a successful practice serving many individuals and businesses.
Services
Services
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Odom & Company, LLP provides a wide range of services to individuals and businesses in a variety of industries. At Odom & Company, LLP, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At Odom & Company, LLP, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
At Odom & Company, LLP, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
Business
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Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Financial
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Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Due Dates
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It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
Financial Tools
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These calculators have been provided as a resource for you to help plan your financial matters. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor.
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