Peter A Norton, CPA, PC

Peter A Norton, CPA, PC Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Peter A Norton, CPA, PC, 65 Boston Post Road W, Southborough, MA.

Even when your finance and accounting (F&A) team seems to be firing on all cylinders, they may feel burdened with heavy ...
04/29/2026

Even when your finance and accounting (F&A) team seems to be firing on all cylinders, they may feel burdened with heavy workloads and tight deadlines. Bringing in an external accountant can ease the pressure on your internal team and keep your business running smoothly behind the scenes. If your accounting and bookkeeping workload is piling up, we’re here to help. Call us at (508) 624-5534 to learn how we can support your business.

A mission statement is a concise, formal declaration of a business’s core purpose. The right one can serve as a rallying...
04/28/2026

A mission statement is a concise, formal declaration of a business’s core purpose. The right one can serve as a rallying cry for employees and a powerful marketing tool that attracts customers and drives revenue. So, whether you’re writing one for the first time or revising it during a rebrand, craft yours carefully. It can have a surprising impact on your bottom line. Please call us at (508) 624-5534 for help aligning your company’s core purpose with its financial parameters and strategic objectives.

Small business owners: Tax credits can reduce your tax bill dollar for dollar. But using them isn’t always straightforwa...
04/27/2026

Small business owners: Tax credits can reduce your tax bill dollar for dollar. But using them isn’t always straightforward. Many business credits fall under the general business credit (GBC), which limits how much you can claim each year and governs how unused credits are carried back or forward. Missteps can mean lost or delayed tax benefits. We help small businesses identify eligible credits, apply the GBC rules correctly and optimize their tax outcomes over time. Contact us at (508) 624-5534 to see whether you’re making the most of the credits available to you.

Did you know you can amend your tax return if you need to revise information after you filed it? Amended returns let tax...
04/24/2026

Did you know you can amend your tax return if you need to revise information after you filed it? Amended returns let taxpayers fix errors or omissions — such as income, deductions, credits or filing status — and make certain late elections. They can also be used to address tax law changes, claim losses and credit carrybacks, and more. You can e-file up to three amended returns per tax year. Usually, you have up to three years from the original filing deadline or two years from when you paid the tax, whichever is later, to claim a refund. But the rules can be complex. Contact us at (508) 624-5534 for guidance.

Technology decisions are a common pain point for small business owners. You might be unsure when to invest in new techno...
04/22/2026

Technology decisions are a common pain point for small business owners. You might be unsure when to invest in new technology and how much to spend. After all, there’s nothing worse than a “solution” that doesn’t solve anything. Poor choices can lead to wasted money, time and staff effort. The good news? You can avoid this situation with a thoughtful, strategic approach to technology selection and implementation. Call us at (508) 624-5534 to discuss your needs, set a realistic budget and take the right steps to get a sound return on investment.

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Man...
04/21/2026

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Many FIRE followers aim to retire in their 40s or even 30s! They make it happen by saving at least 50% of their current income, which some maximize by working second jobs. Obviously, this requires discipline and planning. But if early retirement is a priority, call us {Phone%} so we can help you make it happen.

Two federal tax breaks can help offset the cost of accessibility improvements. In 2026, qualifying small businesses (wit...
04/20/2026

Two federal tax breaks can help offset the cost of accessibility improvements. In 2026, qualifying small businesses (with $1 million or less in gross receipts or no more than 30 full-time employees in 2025) may claim the Disabled Access Credit. It’s generally worth 50% of eligible accessibility costs (up to a $5,000 maximum). Businesses of any size may also deduct up to $15,000 per year for qualified architectural and transportation barrier removal. You can claim both benefits in the same year, but not for the same expense. New construction isn’t eligible for either break. If you’re planning upgrades, call us at (508) 624-5534 to help you make the most of these incentives.

The IRS has launched a new “Report Fraud” webpage to simplify confidential reporting of suspected tax fraud or scams. It...
04/17/2026

The IRS has launched a new “Report Fraud” webpage to simplify confidential reporting of suspected tax fraud or scams. It consolidates multiple IRS fraud-reporting options into a single location, allowing taxpayers to report suspected scams, tax evasion or other tax-related misconduct in one place. This is the initial phase; the IRS plans to further streamline fraud reporting by reducing the number of forms, automating processes and adopting modern case‑management tools. We’re here if you have questions. Call us at (508) 624-5534.

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For...
04/15/2026

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For example, if you’re a U.S. citizen, your worldwide assets are potentially subject to federal gift and estate taxes, regardless of where you live or where the assets are located. So, if you own assets in other countries and the assets are subject to estate, inheritance or other death taxes in those countries, there’s a risk of double taxation. Call us at (508) 624-5534 to learn more about how to properly account for foreign assets in your estate plan.

Holding real estate within your operating company may lead to unfavorable tax outcomes and increased risk. For example, ...
04/14/2026

Holding real estate within your operating company may lead to unfavorable tax outcomes and increased risk. For example, office or warehouse space owned by a C corporation is generally subject to double taxation when it’s sold. Or, if a customer is injured on company property, other business assets could be at risk. Separating real estate into its own entity, such as a limited liability company or partnership, can help reduce your exposure and provide greater flexibility for long-term planning. Call us at (508) 624-5534 to review your business structure and determine the best fit for your situation.

Can business debt become personal? In some cases, yes. If you’re a sole proprietor or a general partner in a partnership...
04/13/2026

Can business debt become personal? In some cases, yes. If you’re a sole proprietor or a general partner in a partnership, you’re personally liable for business debts. Owners of corporations and limited liability companies are generally protected from personal liability, unless they personally guarantee a loan, commit fraud or fail to keep business and personal finances separate. Payroll taxes are different. The IRS can assess the Trust Fund Recovery Penalty to hold owners, officers or other responsible individuals personally liable for unpaid withheld payroll taxes, regardless of the business structure. This applies even if the business declares bankruptcy. Call us at (508) 624-5534 with questions.

You’ll receive a CP24 notice if the IRS reviews your tax return and determines you’re due a refund that differs from wha...
04/10/2026

You’ll receive a CP24 notice if the IRS reviews your tax return and determines you’re due a refund that differs from what you originally claimed. This often happens because the IRS corrected a math error, applied a payment or credit differently, or offset a refund to pay another tax liability. The notice explains what changed and how the refund was calculated. Generally, no response is required if you agree with the adjustment; your adjusted refund will be issued automatically. But if you disagree or don’t understand the change, it’s important to review the notice carefully and respond by the deadline. We can help you determine whether the IRS adjustment is correct and advise on next steps. Call us at (508) 624-5534.

Address

65 Boston Post Road W
Southborough, MA
01752

Opening Hours

Monday 8:30am - 5:30pm
Tuesday 8:30am - 5:30pm
Wednesday 8:30am - 5:30pm
Thursday 8:30am - 5:30pm
Friday 8:30am - 5:30pm

Telephone

+15086245534

Website

Alerts

Be the first to know and let us send you an email when Peter A Norton, CPA, PC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to Peter A Norton, CPA, PC:

Shortcuts

Share