David M Allen CPA

At David M. Allen CPA, we are committed to providing personalized financial guidance to local individuals and businesses. For over 30 years, we have been dedicated to maintaining the highest standards of excellence and professionalism. Our team of seasoned tax professionals and staff have combined their expertise and experience to ensure that every client receives the close analysis and attention they deserve.

Our mission is to help clients maintain financial viability in the present while taking a proactive approach to achieve future goals. We believe in open communication to reach an understanding of our clients' needs through research and sound analysis. We are dedicated to meeting these goals with high standards of excellence and professionalism.

Our Services

David M. Allen CPA offers a wide range of services including basic tax management and accounting services, as well as more in-depth services such as tax transaction planning, financial statement consulting, and financial planning. Our expertise ranges from individual to business financial services, including tax rates, due dates, financial tools, retention guides, IRS forms, and more.

We provide our clients with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, news, and links to other useful sites. We are constantly updating our resources to ensure that our clients have access to the most current and accurate information available.

Tax Saving Techniques

We also offer guidance on various tax saving techniques. For instance, charitable giving is a great way to reduce your tax bill. Instead of selling your appreciated long-term securities, you can donate the stock and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.

Another technique is using Health Savings Accounts (HSAs). If you have a high deductible medical plan, you can open an HSA and make tax deductible contributions to your account to pay for medical expenses. Unlike flexible spending arrangements (FSAs), the contributions can carry over for medical expenses in future years.

Roth IRAs are another effective way to save on taxes. Contributions to a Roth IRA are not tax deductible, but the money grows tax-free and withdrawals are tax-free if certain conditions are met.

Why Choose Us

David M. Allen CPA has earned the respect of the business and financial community in and around the area due to our dedication to hard work and commitment to excellence. We believe this to be a direct derivative of our talent and responsiveness to our client base. Whether you are a current or prospective client, rest assured that individuals and businesses who choose David M. Allen CPA receive competent and timely advice.