learning from experience
Our firm, Pace & Associates CPAs, LLC offers a wide range of services to our individual and business clients. Being a relatively small firm, we are able to offer our clients personalized quality service.
We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience, and financial acumen. Our goal is to become your trusted advisor.
Are you deliberating on hiring a CPA yet uncertain of the associated costs? Cost is naturally paramount during tight-budgeted times, and it’s perfectly understandable to be concerned about fees for these services. Let
As the saying goes, “money makes the world go round.” This is especially true when it comes to trust accounting income. Whether you are a trustee managing a trust or a beneficiary receiving
Dealing with the legal and financial aspects can be daunting for their family and beneficiaries. One of the critical processes involved in the settlement of an estate is probate, which refers to the
In this very informative episode of David Vs Goliath, host Adam DeGraide interviews Marcey Whitney and discusses the differences between Financial Accounting and Fiduciary Accounting when it comes to your Estates. A lot
Form 1041 is a tax form used to report income for estates and trusts. When a person dies and leaves behind assets, those assets are often placed into a trust or estate to
Form 706 is a tax form used to report the value of a deceased person’s estate and to calculate any federal estate tax owed. When a person dies, their assets are often transferred
Fiduciary accounting refers to the management and accounting of assets held in trust by a fiduciary on behalf of a beneficiary. A fiduciary is a person or entity that holds legal or ethical
Guardianship accounting refers to the process of managing and accounting for the assets of a person who is unable to manage their own affairs due to incapacity or disability. A guardian may be
Probate accounting refers to the process of managing and accounting for the assets of a deceased person’s estate through the probate process. When a person dies, their assets are often transferred to their
