Albano & Associates, P.L.C. is a complete-service CPA company, committed to meeting the requirements of today's busy specialists. Using state-of-the art technology to supply the best quality of standards, we're still known for our prompt, precise and preferred individual service. Please take a few moments to visit our website, and learn about the array of services we supply.

Contact Details

  City Marion, VA
  Zip Code 24354
  Address 129 South Chestnut Str
  Phone Number (276) 783-7257

From Our Website

Timely information is critical in today's business world. As your business changes, the issues that you face will become increasingly complex. The staff of Albano & Associates, P.L.C. will work consistently with you to insure that your business is ready to take advantage of emerging opportunities.

If you have a large capital gain this year from an investment, it may be advisable to hold onto the investment until next year to put the gain into next year's taxes. You may also want to sell off any investments that you have that are losing value at the moment to claim your losses. The interest gained from state and local bonds is usually exempt from federal income taxes. These investments generally pay back at a lower interest rate than commercial bonds of similar quality. Since Treasury Bonds are similarly exempt from state and local income tax, they can be a particularly good investment for those who are in high tax brackets and live in high-income-tax states.

When it comes to retirement planning, many people tend to focus on two things: opening a retirement savings account and then eventually drawing funds from it. However, there are other important aspects to truly doing everything you can to grow your nest egg. One of them is celebrating your 50th birthday. This is because those age 50 or older on December 31 of any given year can start making "catch-up" contributions to their employer-sponsored retirement plans that year (assuming the plan allows them).

Albano & Associates offers a complete range of accounting services, including: accounts receivable, accounts payable, and payroll management. Ultimately, your business and business decisions rely on strong, reliable accounting. We work with you, or existing personnel, to help ensure accurancy and identiy areas for improvement. We truly seek to help your business realize its potential. In addition, we offer financial statements in accordance with generally accepted accounting principles for use by banks, investors and other third parties.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.

Our firm enjoys a reputation for excellence in the auditing field. We maintain a high sense of responsibility to the public, and we strive to provide quality professional service in an independent, objective and ethical manner. Our audits are built on professional standards developed by the AICPA and other governing agencies. We provide professional service to numerous government, non-profit and commercial enterprises. We are responsible for compliance testing and preparation of financial statements in accordance with applicable guidelines for boards, authorities and commissions that are governed by various Office of Management and Budget circulars.

We are pleased to announce Albano & Associates, PLC has joined forces with Lawhorn CPA Group - a CPA firm headquartered in Knoxville, TN. Located in Marion, Virginia, Albano & Associates is a full-service CPA firm dedicated to meeting the needs of today's busy professionals. By leveraging experience and technology, our firm is able to provide the highest quality standards. We are known for our prompt, precise, and personal service. We are a proud member of the American Institute of Certified Public Accountants (AICPA) as well as the Virginia Society of Certified Public Accountants (VSCPA).

We provide a complete and diversified tax service, including preparation of federal, state, and local tax returns. Albano & Associates strives to find opportunities for tax savings that can make a significant difference on your balance sheet.