Scott Cornelius, CPA, P.C.

Scott Cornelius, CPA, P.C. Our CPA firm offers a broad range of accounting and tax services for businesses and individuals. (336) 885-5100

Established in 2005, Scott Cornelius, CPA, PC has been happily providing tax preparation, tax consulting, bookkeeping, payroll services, Accounting Services, Part-time CFO projects, and more to High Point, & Kernersville, NC, and the surrounding area! We offer affordable, efficient, and discreet services at your convenience. Whether you're a small business managing finances and taxes or need help

filing independently, Scott Cornelius, CPA, PC are here to help you make the right choice for you and your finances. Call today and schedule an appointment with one of our experts at Scott Cornelius, CPA, PC!

New 2025 tax updates from the IRS are now available. We’re sharing highlights to help you stay informed and prepared.💡
01/22/2026

New 2025 tax updates from the IRS are now available. We’re sharing highlights to help you stay informed and prepared.💡

We hope you and your family have a wonderful Thanksgiving!🦃
11/24/2025

We hope you and your family have a wonderful Thanksgiving!🦃

11/03/2025

We are looking to hire 2 full time positions: 1. tax preparer with experience preparing individual tax returns 2. "full charge" bookkeeper

If you know of anyone looking, please send them to me!

Sharing candy and lots of gratitude for our wonderful clients and neighboring businesses!🍂🍫
10/30/2025

Sharing candy and lots of gratitude for our wonderful clients and neighboring businesses!🍂🍫

10/01/2025

IRS levies $162M in penalties for false tax credits promoted on social media!

The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. These scams have led thousands of taxpayers to file inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties.

Social media posts that claim everyone qualifies for certain tax credits.
Promises of “easy” or “fast” refund with minimal documentation.
Instructions to file amended returns, even if you did not originally qualify for the credits.
Encouragement to ignore IRS letters or respond with false information.

Taxpayers who submit false claims may face serious consequences:
Delayed refunds.
Denied refund claims.
A $5,000 civil penalty under Internal Revenue Code Section 6702 for filing a frivolous return.
Subject to further IRS examination and enforcement action.

Taxpayers who believe they have been misled or filed an incorrect return should:
Amend the tax return as soon as possible using Form 1040-X, Amended U.S. Individual Income Tax Return.
Respond promptly to any IRS letters or notices.
Seek help from a reputable tax professional or the IRS’s official resources at IRS.gov

09/30/2025

IRS stops issuing paper checks:

Announcement from the US Treasury Department as of August 14, 2025:
The U.S. Treasury Department has announced that the federal government will no longer issue paper check disbursements, with limited exceptions, after September 30, 2025. (This includes IRS refunds.) This transition requires all federal agencies, including the Internal Revenue Service, Social Security Administration, Department of Labor, Defense Finance and Accounting Service, and Office of Personnel Management, to shift to electronic payments (EFTs), such as direct deposit and debit cards. The change in policy is expected to reduce costs, delays, and fraud associated with physical checks. Recipients of federal payments, including tax refunds and benefits like Social Security, are encouraged to switch to electronic methods now to avoid payment disruptions. Please note the Veterans Administration is required to provide paper checks to the veterans who want them based on federal law.
If you still need to receive a paper check, you may request a waiver. Some exceptions will be made for those who are over 90 years old, have a mental impairment, or live in a very remote location. You may apply for a waiver at the website godirect.gov or by calling the electronic payment solution center at 800-967-6857.
To summarize:
• Call the Federal agency that pays your benefits and follow their instructions for enrolling in direct deposit. A list of the paying agencies' contact information can be found here.
• Enroll online at GoDirect.gov
• Call the Electronic Payment Solution Center at 800-967-6857, Monday – Friday 9:00 a.m.-7:00 p.m. ET

The new policy also states that payments made to the federal government must be made electronically “as soon as practicable,” with limited exceptions. Unlike the refund provision, which contained a specific cut-off date, this electronic payment mandate did not give a specific date.
The full text of the policy is available on the Federal Register:
https://www.federalregister.gov/documents/2025/03/28/2025-05522/modernizing-payments-to-and-from-americas-bank-account

We will be closed on Monday, September 2nd, for Labor Day. We hope you and your family have a wonderful and safe Labor D...
08/28/2025

We will be closed on Monday, September 2nd, for Labor Day. We hope you and your family have a wonderful and safe Labor Day weekend!

October 15th is quickly approaching! Please let us know if you would like us to prepare your 2024 Individual Tax Return.
08/20/2025

October 15th is quickly approaching! Please let us know if you would like us to prepare your 2024 Individual Tax Return.

We will be closed June 30th- July 4th. We will resume normal hours Monday, July 7th at 8:30AM. We hope you and your fami...
06/26/2025

We will be closed June 30th- July 4th. We will resume normal hours Monday, July 7th at 8:30AM. We hope you and your family have a Happy 4th of July!🇺🇸

We look forward to serving you from our Kernersville office!
06/26/2025

We look forward to serving you from our Kernersville office!

We look forward to serving you from our High Point office!
06/26/2025

We look forward to serving you from our High Point office!

Address

211 W Lexington Avenue Suite 106
High Point, NC
27262

Opening Hours

Monday 8:30am - 12pm
1pm - 5pm
Tuesday 8:30am - 12pm
1pm - 5pm
Wednesday 8:30am - 12pm
1pm - 5pm
Thursday 8:30am - 12pm
1pm - 5pm

Telephone

+13368855100

Website

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