Faust & Associates, CPA's, P.A.

Faust & Associates, CPA's, P.A. Public Accounting

Tax season can be intense for business owners — but it doesn’t have to be. Our team specializes in simplifying business ...
02/05/2025

Tax season can be intense for business owners — but it doesn’t have to be. Our team specializes in simplifying business tax preparation, so you can focus on what matters most: running your business.

Ready to relieve some of that tax time pressure? Contact us today and let’s get your business set up for a smooth tax season!

Come out tonight to McAlister's from 5-9 and support the United Givers of SWMS!!!
11/25/2024

Come out tonight to McAlister's from 5-9 and support the United Givers of SWMS!!!

From our families to yours, we extend our warmest wishes for a wonderful Thanksgiving filled with great food, good compa...
11/22/2024

From our families to yours, we extend our warmest wishes for a wonderful Thanksgiving filled with great food, good company, and plenty of joy.

Our office will be closed on Thursday, November 28, and Friday, November 29, but we'll be back and ready to serve you on Monday, December 2.

Enjoy the holiday!

This Labor Day, we're pausing to say a huge thank you to our incredible clients. Your support and partnership make our w...
09/02/2024

This Labor Day, we're pausing to say a huge thank you to our incredible clients. Your support and partnership make our work truly rewarding 🙏

Wishing you all a Labor Day filled with fun, joy, and relaxation.

Wondering how long you should hold on to old tax documents? The general rule of thumb from the IRS is to keep your recor...
06/28/2024

Wondering how long you should hold on to old tax documents? The general rule of thumb from the IRS is to keep your records for three years from the date you filed the original tax return or two years from the date you paid the taxes — whichever is later.

If you're dealing with losses such as business setbacks, capital losses, or bad debts, you should keep those documents around for a bit longer — seven years, to be exact. This extra precaution ensures you have all the necessary paperwork on hand in case the IRS needs to verify those losses.

Why does this matter? Keeping your tax documents for the recommended time frames not only helps in potential audits but also aids in amending past returns if needed. Plus, it's essential for accurately filing future taxes and claiming any deductions or credits you're entitled to.

Before you start your next decluttering spree, make sure you've got your tax document retention in check. If you need any assistance, we’re here to help!

Happy first day of summer! June 20 marks the beginning of our favorite season. Whether it's hosting backyard get-togethe...
06/20/2024

Happy first day of summer! June 20 marks the beginning of our favorite season. Whether it's hosting backyard get-togethers, savoring meals al fresco, or finding the perfect shady spot to relax in, there's so much to look forward to ☀️

As the season gets underway, remember that our team is here to help with any questions or needs you may have. Feel free to reach out anytime!

As we enjoy a new month and the start of summer, we invite you to pause with us and appreciate all the good found in lif...
06/05/2024

As we enjoy a new month and the start of summer, we invite you to pause with us and appreciate all the good found in life’s changing seasons.

No matter what you’re facing as the season begins, remember that change always offers a fresh perspective and an opportunity to grow.

🇺🇸 This Memorial Day, our office will be closed as we pay our respects to the brave men and women who made the ultimate ...
05/27/2024

🇺🇸 This Memorial Day, our office will be closed as we pay our respects to the brave men and women who made the ultimate sacrifice for our freedoms. We invite you to join us in this important and solemn remembrance.

Should questions or needs arise while we are out office, our team will address them when we resume regular business hours on Tuesday, May 28.

Happy Cinco de Mayo! 🇲🇽What better way to celebrate than with a delicious, authentic recipe? With that in mind, we’re sh...
05/05/2024

Happy Cinco de Mayo! 🇲🇽

What better way to celebrate than with a delicious, authentic recipe? With that in mind, we’re sharing a special treat for you from Mexican Food Journal - Restaurant Style Salsa!

Try out this recipe and pair it with your favorite tacos, quesadillas, or chips! Have any Cinco de Mayo traditions or plans? Share them with us in the comments – we would love to hear!

🚨 Attention if you filed for a tax extension: don't forget that your new deadline is October 15th 🗓️If you need any assi...
05/01/2024

🚨 Attention if you filed for a tax extension: don't forget that your new deadline is October 15th 🗓️

If you need any assistance or have questions about your tax filing, our team is here and ready to help. Reach out today, and let's cross that finish line together!

As we wrap up a few loose ends, we're celebrating the end of another successful tax season! But if you see us out and ab...
04/16/2024

As we wrap up a few loose ends, we're celebrating the end of another successful tax season!

But if you see us out and about, keep in mind we may have aged a few years since you last saw us 😂

Give this post a “👍” if you're relieved that Tax Day is officially in the rearview mirror. And, of course, if you have any questions or need help filing an extension, we are just a phone call away.

Tax Day is fast approaching 📅 With that said, if you’re considering filing for a tax extension, here’s what you need to ...
04/04/2024

Tax Day is fast approaching 📅

With that said, if you’re considering filing for a tax extension, here’s what you need to know:

1️⃣ Deadline Extension: Filing an extension gives you until October 15th to submit your tax return. Remember, this extension allows more time to file, not to pay any taxes owed.
2️⃣ Owed Taxes: If you expect to owe taxes, you will need to estimate and pay by the April deadline. This is crucial to avoid penalties and interest.
3️⃣ Filing for Extension: To request an extension, file Form 4868 with the IRS. Need help? Our expert team can ensure this is done accurately and timely.
4️⃣ State Tax Rules: The extension applies to your federal return. State tax rules may vary, so if you need guidance on state tax extensions, we're here to assist!

Have questions or need support with tax extensions? Our team is here to help! Reach out to us as soon as possible to ensure we can get everything done in time 🤝

Address

200 3rd Street
McComb, MS
39648

Opening Hours

Monday 8am - 12pm
1pm - 5pm
Tuesday 8am - 12pm
1pm - 5pm
Wednesday 8am - 12pm
1pm - 5pm
Thursday 8am - 12pm
1pm - 5pm
Friday 8am - 12pm
1pm - 5pm

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