On this website, you will find information about Humphryes & Arnett, P.C., CPAs, including our list of services. We have also provided you 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.
Humphryes & Arnett, P.C., CPAs is one of the leading firms in and throughout Birmingham, AL. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
Humphryes & Arnett, P.C., CPAs is one of the leading firms in and throughout Birmingham, AL. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
Services
For years, Humphryes & Arnett, P.C., CPAs has been providing quality, personalized financial guidance to local individuals and businesses. Our expertise ranges from performing traditional tax, auditing, accounting, financial reporting and management consulting services. Specialized services are also offered in the areas of litigation support, bankruptcy, reorganization and business valuation.
Humphryes & Arnett, P.C., CPAs provides a wide range of services to individuals and businesses in a variety of industries. At Humphryes & Arnett, P.C., CPAs, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Terry Humphryes founded his own accounting firm in 1977 and today operates under the name of Humphryes & Arnett, P.C. He enjoys offering clients a comprehensive service which provides the client with an advisor who can assist with accounting and non-accounting matters. He is the partner in charge and technical review partner for all audit and financial reporting engagements.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred. The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
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