Neeraj L. Shah, Esq., MBA, CPA
(585) 388-8388

   For New York City Tax Preparation, visit our PARTNER pages:

yankeestax.com for the best tax preparation

statenislandtax.com for staten island tax preparation

parkslopetax.com for park slope tax preparation

longislandcitytax.com for long island city tax preparation

bayridgetax.com for bay ridge tax preparation

tribecatax.com for tribeca tax preparation

prospectheightstax.com for prospect heights tax preparation

baysidetax.com for bayside tax preparation

greenwichvillagetax.com for greenwich village tax preparation

brooklynheightstax.com for brooklyn heights tax preparation

floralparktax.com for floral park tax preparation

murrayhilltax.com for murray hill tax preparation

kewgardenstax.com for kew gardens tax preparation

   For Downstate, Albany, Southern-tier, North Country and Central NYS area Tax Preparation, visit our PARTNER pages:

yonkerstax.com for yonkers tax preparation

schenectadytax.com for schenectady tax preparation

troytax.com for troy tax preparation

niskayunatax.com for niskayuna tax preparation

saratogaspringstax.com for saratoga springs tax preparation

binghamtontax.com for binghamton tax preparation

ithacatax.com for ithaca tax preparation

elmiratax.com for elmira tax preparation

watertowntax.com for watertown tax preparation

poughkeepsietax.com for poughkeepsie tax preparation

saranaclaketax.com for saranac lake tax preparation

massenatax.com for massena tax preparation

middletowntax.com for middletown tax preparation

   Tax Preparation partners in the works include:

webster  tax preparation

brighton tax preparation

gates tax preparation

   Mi casa es su casa:

mytowntax.com for mi casa tax preparation

yourtowntax.com for su casa tax preparation

​April 15th Countdown!

Cost effective solutions for all of your financial needs
Individual, Partnership, and Corporate tax solutions
Estate Planning and Closely-held Business solutions
​

Address and Contact Info

2033 Penfield Rd (in the rear of the parking lot; formerly 2041 Penfield Rd)
Penfield, NY 14526

Phone: (585) 388-8388
Email us at: neeraj AT penfieldtax DOT com

Directions from the Westside

  • FROM the west. Take 490 East to Exit 23, LEFT on Linden Ave (NY-441) towards Penfield. Continue on 441 for 4 miles. Linden Ave becomes Penfield Rd. Office is on the RIGHT side on top of the hill. 2033 Penfield Rd, Penfield NY 14526.

... you will pass the Penfield town line
... you will pass Five Mile Line Rd
... you will pass Baird Rd

... if you see the Penfield Wegmans, then you've gone too far!

... SHAH CPA FIRM, PLLC

BUSINESS SUCCESSION PLANNNING

  • transferring closely-held businesses to next generation

MEDICAID PLANNING

  • asset reallocation

Practice Areas - Shah CPA Firm, PLLC

TAX SERVICES

  • income tax preparation - individual
  • income tax preparation - business
  • state income tax returns - all 50 states
  • sales tax
  • payroll tax
  • estate and gift tax; and trusts
  • tax planning
  • IRS or NYS representation

ACCOUNTING SERVICES

  • accounting
  • bookkeeping
  • payroll services
  • audits, reviews, and compilations

FINANCIAL PLANNING SERVICES

  • retirement and estate planning
  • business planning
  • debt counseling

OTHER SERVICES - Business

  • choosing the right entity for a new business
  • forming the new business
  • business succession planning
  • business sales and purchases
  • business valuation

Attorney Advertising Material
​This website aims to give the description of two legally separate businesses, Shah CPA Firm, PLLC and Shah Law Firm, PLLC. Information regarding Shah CPA Firm, PLLC (the CPA firm) can be found at http://www.penfieldtax.com/the-cpa-firm.html. Information regarding Shah Law Firm, PLLC (the LAW firm) can be found at http://www.penfieldtax.com/the-law-firm.html. This promotional page is only meant as a convenience.

Tips for both CPA and LAW practices...

​

(July 6, 2019) Tackle Your Estate Plan Today! – Estate planning is often pushed off as a to-do item for many because it really doesn’t have a hard deadline like, for example, preparing your income tax return. A good estate plan is pretty comprehensive and includes a lot of moving parts. Even so, an individual can be very prepared if some of the more important tasks are addressed over the course of 3-4 years (don’t need to do everything at once). I would especially encourage the following: 1) incapacity planning (durable power of attorney and health care directive), 2) organizing your assets and liabilities (with ownership for each asset), 3) beneficiary designations (make sure this is current and not stale information), 4) legal documentation (will and trusts), and 5) identify people or loved ones to take on key roles (executor, trustee and guardian).


(June 28, 2019) Save for Retirement, but be Educated too! – For many, one of the largest assets for individuals is their retirement account. Usually, these dollars are in tax-deferred accounts such as a 401k or traditional IRA. We have seen balances soar in the last few years. Be careful, though - it is important to discount the account balance for the tax on anticipated distributions at retirement. Below is an interesting read on this subject. Keep saving everyone!!!


(May 20, 2019) Estate Planning Tips: Did you know that a substantial portion of most estates do not pass at death under a Will or Trust, but rather by either operation of law (i.e. how an asset is titled) or according to a beneficiary designation (i.e. retirement plans or your insurance policy)? It is important to review your beneficiary designations from time to time and make sure that they work in tandem with your estate plan. BTW, do you have an estate plan in place?

Get Your Important Contact Information and Documents in Order: Being an Administrator or an Executor of an estate is not easy. Take time to organize your life to make things easier for others. Collect important papers (i.e. insurance policies, marriage license, birth certificate, will, recent tax returns, trust), Title and financial information (i.e. home, car, credit cards, bank accounts, investments), Benefit information (social security, employee benefits), and Contact information (i.e. attorney, accountant, doctor).


(May 15, 2019) Retirement Contributions – If you’re still working, review the 2019 IRA contribution and deduction limits to make sure you are taking full advantage of the opportunity to save for your retirement. You can make 2019 IRA contributions until April 15, 2020.


(Mar 4, 2019) Missed the Tax Deadline for a Prior Year? Here are reasons you should try to file soon – 1) Avoid interest and penalties, 2) Claim a refund. Like Hammer once said, "can't touch this" or no refund if you are 3 years late, 3) Protect social security benefits, and 4) Avoid issues obtaining loans. Sometimes you need a completed tax return for other reasons (i.e. FAFSA). We can help.

If you owe more than you can pay? - You can request a 60-120 day relief to pay your balance through installments. Call 1-800-829-1040 to set this up.


(Feb 17, 2019) Update Your Beneficiary Designations! – When clients come to me for estate planning, they often think it begins and ends with the drafting of a will. While your Last Will and Testament is a critical component of the process, the starting point of your plan begins with the title of your assets and your beneficiary designations.

Beneficiary designation gives direction who will receive some kind of proceeds when you pass away. Places where you will need to think about beneficiary designations include: life insurance policy, retirement accounts (IRA, Roth IRA, 401k, etc.), or any bank or investment account.

Some people forget to list a beneficiary designation in the first place (that’s bad). Other people list the beneficiaries and forget who is listed as beneficiaries (and that’s equally bad). Most often, these beneficiary designations stand alone and can create awkward situations when a person’s family situation changes. Imagine if your ex-wife was listed on the beneficiary designation.

Don’t rely on the courts – make it clear from the document itself and update your beneficiary designations every few years (and especially if your family situation changes).



Practice Tips

KEYWORDS: Neeraj Shah, Neeraj L. Shah, Neeraj, CPA, C.P.A., MBA, M.B.A., J.D., Esq., attorney, tax, law, estate planning, financial, legal, Rochester, Penfield, Fairport, Webster, Pittsford, tax preparation, tax prep, rochester tax preparation, penfield tax preparation, fairport tax preparation, webster tax preparation, pittsford tax preparation, perinton tax preparation, macedon tax preparation, walworth tax preparation, mendon tax preparation, canandaigua tax preparation, east rochester tax preparation, greece tax preparation, henrietta tax preparation, irondequoit tax preparation, rochester tax prep, penfield tax, rochester tax, 14526, 14625, 14580, 14534, 14450

​DISCLAIMER: Attorney Advertising. This website is advertising material. The choice of a lawyer is an important decision and should not be based solely upon advertisements. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. You are invited to contact the office by phone, letters or electronic mail. Contacting the office does not create an attorney-client relationship. Please do not send any confidential information to the office until an attorney-client relationship has been established in writing. Top 5 neighborhoods that we serve for tax preparation in Rochester, NY are: Penfield, Webster, Pittsford, Fairport and the city of Rochester. Also serve for tax preparation in: Irondequoit, Henrietta, Macedon, Walworth, and Mendon.

​OTHER SERVICES - Personal

  • retirement accounts (and associated required minimum distribution analysis)
  • property tax assessment consulting
  • long-term care planning

Practice Areas - Shah Law Firm, PLLC

ESTATE PLANNING

  • wills
  • trusts
  • health care proxy
  • estate tax planning
  • review life insurance policies
  • gift planning
  • probate
  • estate administration services

BUSINESS LAW

  • entity selection
  • entity creation (corporation, LLC, etc.)
  • drafting underlying documents
  • full transactional services

TAX LAW

  • audit representation
  • tax court representation
  • creating tax-friendly business solutions

Shah CPA Firm, PLLC - "a CPA firm that offers tax preparation and more"

'Like' our CPA FB page

   For Buffalo Tax Preparation, visit our PARTNER pages:

bataviatax.com for batavia tax preparation

clarencetax.com for clarence tax preparation

orchardparktax.com for orchard park tax preparation

amhersttax.com for amherst tax preparation

niagarafallstax.com for niagara falls tax preparation

williamsvilletax.com for williamsville tax preparation

westsenecatax.com for west seneca tax preparation

tonawandatax.com for tonawanda tax preparation

jamestowntax.com for jamestown tax preparation

lockporttax.com for lockport tax preparation

grandislandtax.com for grand island tax preparation

cheektowagatax.com for cheektowaga tax preparation

   For Long Island and Westchester County area Tax Preparation, visit our PARTNER pages:

thehamptonstax.com for the hamptons tax preparation

hempsteadtax.com for hempstead tax preparation

isliptax.com for islip tax preparation

oysterbaytax.com for oyster bay tax preparation

babylontax.com for babylon tax preparation

newrochelletax.com for new rochelle tax preparation

whiteplainstax.com for white plains tax preparation

mountvernontax.com for mount vernon tax preparation

'Connect' via Linkedin:

... SHAH LAW FIRM, PLLC

The owner of the firms, Neeraj L. Shah, has earned the C.P.A. designation and is admitted as an Attorney and Counselor at Law in all of the Courts of NYS and the U.S. Tax Court. Taken together, Neeraj is in the unique position to deliver a superior product. To provide the best product to its clients, one must fully understand all of the moving parts. Namely, 1) the government's ever-changing tax and estate laws, 2) an individual's assets, liabilities, and income streams, and 3) a person's goals and dreams. Neeraj offers clients a depth of knowledge, skill and business acumen that very few practitioners can match. [Neeraj's background and qualifications]

His clients know that they will receive personalized service and can rely on the firm for all of their needs.

Main Building off Penfield Road

'Like' us on Facebook for more tips!

   For Rochester Tax Preparation, visit our PARTNER pages:

fairporttax.com for fairport tax preparation

perintontax.com for perinton tax preparation

pittsfordtax.com for pittsford tax preparation

mendontax.com for mendon tax preparation

eastrochestertax.com for east rochester tax preparation

henriettatax.com for henrietta tax preparation

irondequoittax.com for irondequoit tax preparation

canandaiguatax.com for canandaigua tax preparation

greecetax.com for greece tax preparation

macedontax.com for macedon tax preparation

walworthtax.com for walworth tax preparation

brockporttax.com for brockport tax preparation

chilitax.com for chili tax preparation

churchvilletax.com for churchville tax preparation

scottsvilletax.com for scottsville tax preparation

spencerporttax.com for spencerport tax preparation

geneseotax.com for geneseo tax preparation

Neeraj Shah, Esq., MBA, CPA - call 585.388.8388, www.penfieldtax.com

'Like' our LAW FB page:

​​​​​​​Attorney Advertising Material * CPA Advertising Material * With the designations of being an attorney and a CPA, we are proudly one of the most qualified tax preparation firms in Rochester, NY. Don't opt for an inferior product; call 585-388-8388! Webster tax preparation? We've got it. Fairport tax preparation? We've got that too. Yes, Pittsford tax preparation and of course, Penfield tax preparation. Top 5 neighborhoods that we serve for tax preparation in Rochester, NY are: Penfield, Webster, Pittsford, Fairport and the city of Rochester.  Brilliant tax preparation in 14526 and 14625.

Shah Law Firm, PLLC - "a LAW firm with a focus in estate planning, tax law, and business"

   For Syracuse Tax Preparation, visit our PARTNER pages:

cusetax.com for those that bleed orangetax preparation

baldwinsvilletax.com for baldwinsville tax preparation

jamesvilletax.com for jamesville tax preparation

liverpooltax.com for liverpool tax preparation

dewitttax.com for dewitt tax preparation

cazenoviatax.com for cazenoviatax preparation

manliustax.com for manlius tax preparation

salinatax.com for salina tax preparation

skaneatelestax.com for skaneateles tax preparation