About Us

Since 1974 Camputaro & Associates, PA has been providing financial guidance to local individuals, businesses and not-for-profit organizations. Our emphasis on high quality work and performance has allowed us to grow by obtaining new clients through our reputation and keeping existing clients by being responsive to their requests. 


We are members of the American Institute of Certified Public Accountants (AICPA), the Florida Institute of Certified Public Accountants (FICPA) and the Daytona Regional Chamber of Commerce. Our staff is actively involved in the community through various local and charitable organizations and events.

We take part in the peer review process sponsored by the AICPA and the FICPA.This stringent peer review process ensures the quality of our audits, reviews and compilations. In a peer review, an outside CPA firm qualified by the AICPA randomly chooses and thoroughly reviews audits, reviews and compilations that Camputaro & Associates has performed. We have received unqualified opinions on all of our peer reviews. 
 

News & Announcements

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Jan 01, 2021

Benefits of Filing Your Taxes Early

The New Year is here, and that means tax season is here as well. Of course, you may not be thinking too much about your taxes just yet—after all, it’s only the beginning of January. But as your tax forms begin to come in, it’s important that you not put off filing your tax return. While you may be tempted to put off filing your taxes, there are many important reasons to do it as soon as you have all of your documents ready. Keep reading to learn what they are.


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Dec 01, 2020

Can You Deduct Expenses If You Took a PPP Loan?

For many businesses financially impacted by the COVID-19 pandemic and subsequent shutdowns, the government-funded PPP loans distributed earlier this year were an enormous relief. By meeting certain payroll and employee-retention requirements, businesses could stay afloat despite the severe downturn in the US economy and ultimately receive full forgiveness for the funds received (so long as requirements were met). But these loans have presented a difficult dilemma for many business owners: the inability to deduct business expenses on their upcoming tax returns. Here’s what you need to know about deducting expenses if you took a PPP loan this year.


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Nov 01, 2020

How to Determine Your Legal Domicile and How It Affects Your Taxes

The majority of Americans have a single residence, so determining their legal domicile isn’t really something they have to think about; your state of residence is where you live, and that’s all there is to it. But for those who have two or more homes located in different states, determining your legal residence can be a bit more complicated—and your state of residence can significantly impact your taxes too. Here’s what you need to know about determining your legal domicile and how that determination will affect your taxes.


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Oct 01, 2020

What You Need to Know about Taxes on Your Unemployment Benefits

The number of Americans filing for unemployment has skyrocketed since the onset of COVID-19. Many of these individuals have never received unemployment benefits before, and may be unaware of how taxes on this income are handled. If you’re receiving unemployment income for the first time, this blog will give you an overview of how your benefits are taxed, and how you’ll need to pay those taxes.


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Sep 02, 2020

Which Type of Retirement Account Offers the Greatest Tax Benefit?

Contributing to retirement accounts is essential to your financial stability later in life. But if that’s not enough of a motivator for you, they also offer significant tax benefits when you contribute to them. If you have multiple retirement accounts, you might be wondering which one offers the biggest tax benefit for your contributions. Of course, the answer isn’t really that simple, and it depends on your individual financial situation. If you want to know how to best plan for your retirement and maximize your tax benefits for your contributions, it’s best to meet with one of our financial planners. However, here’s a quick, general overview of the different retirement accounts and their benefits.


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Aug 10, 2020

Why You Should Use Tax Projections and Tax Planning Services

This year has been an odd one for taxes. With the official tax season just barely ending a few weeks ago, we already have extension deadlines looming on the horizon. And, with the year already half over, it’s time to start thinking about what your 2020 tax return will look like. Rather than simply reacting to what you owe, now’s a great time to actually start planning your taxes, making early moves to improve your outcome and reduce your tax liability. We offer professional tax planning services and tax projections for individuals and businesses alike. Here are a few reasons you should start utilizing these services.


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Contact us

Camputaro and Associates
Certified Public Accounting Firm
136 N. Orchard Street, Suite 8
Ormond Beach, FL 32174
(386) 255-2511