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Connolly, Steele + Company

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Connolly, Steele + Company

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Connolly, Steele + Company is a Pittsburgh CPA firm whose principals share more than 40 years of public accounting experience. We operate with integrity.

Connolly, Steele & Company is a Pittsburgh CPA firm whose principals share more than 40 years of public accounting experience. Our team serves corporations, partnerships, sole proprietorships and non-profit organizations in a wide range of area industries. Connolly, Steele CPAs are active members of the American Institute of Certified Public Accountants (AICPA) and the Pennsylvania Institute of Certified Public Accountants (PICPA). Connolly, Steele is a growing firm whose members have extensive experience in helping small businesses and individuals achieve their financial goals and manage their technology challenges. Our team approach allows us to assess a companys overall objectives and offer a clear focus on how best to meet those goals. Our continuing quality control program includes regular peer review of our accounting and auditing practice. These reviews are always available to our clients.

11/02/2026

Important update for small business owners: The Social Security wage base for 2027 will increase to $192,300 (up from $184,500 in 2026). That means payroll costs for high earners may rise — and it’s time to update payroll systems and budgets. Read our quick breakdown and what to watch for: https://wix.to/mmlnzqq

If your small business has employees, you may need to budget for higher payroll costs next year, especially if you employ many high earners. The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $192,300 for 2027 (up from $184,500...

11/02/2026

Buying a home? Don’t overlook how mortgage points can affect your taxes. Qualifying points may be deductible on your 2026 return, but rules and limits apply — and it matters whether the points were for a purchase, refinancing, or construction loan. Read our short guide to understand when you can deduct points and what documentation you'll need. https://wix.to/DPTflko

If you’re in the process of buying a home, or you bought one earlier this year, you probably know that you may be able to claim the property tax deduction and the mortgage interest deduction when you file your next income tax return. But you might not be so sure about mortgage points paid.The good...

04/15/2026

Just filed your 2025 taxes? Don’t stop there — take a few quick steps to stay organized and avoid headaches later. Our checklist covers checking your refund status, updating records, safeguarding documents, and more. Read the full guide: https://wix.to/qGQPn3j

After you’ve filed your 2025 tax return, what’s next? It’s easy to move on to other things, but taking a little time to address some tax-related items now can help you stay organized and avoid issues later. Here are a few to-dos.Check your refund statusIf you’re getting a tax refund and have...

04/15/2026

Growing your small business? ACA employer penalties can kick in sooner than you think — and they’re increasing for 2026. Learn which employers are affected, common misconceptions, and steps to stay compliant before penalties apply. Read more: https://wix.to/ld8I2ti

Many small businesses don’t have enough employees to worry about the play-or-pay provisions of the Affordable Care Act (ACA). However, as your business grows, these rules can apply sooner than expected. This issue also may not be on your radar because there’s a common misconception that the repe...

04/13/2026

New post: Important 2026 tax figures for businesses — a quick reference of key limits and changes to help you plan ahead. Highlights include bonus depreciation, Section 179 limits, and 401(k)/403(b)/457 contribution caps. Read more: https://wix.to/WStAtvF

Here’s an overview of key figures for 2026. Be aware that exceptions or additional rules or limits may apply.Depreciation-related tax breaks • Bonus depreciation: 100% • Section 179 expensing limit: $2.56 million • Section 179 phaseout threshold: $4.09 million Qualified retirement plan limit...

04/13/2026

New tax figures for individuals in 2026 are here — and some changes from the One Big Beautiful Bill Act could affect your filing. Key updates include higher standard deductions and adjusted limits across multiple categories. Read the quick overview and see if any changes apply to you.

Read more: https://wix.to/kDOP1gd

Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are going into effect under the One Big Beautiful Bill Act, signed into law July 4, 2025.Here’s an overview of some important limits and other tax ...

04/10/2026

Tax day is April 15 — but the deadline affects more than just your return. From making 2025 IRA contributions to avoiding penalties on other filings, there are important steps you might still take. Read quick tips and deadlines to protect savings and avoid interest: https://wix.to/JdRZ8dr

You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If you don’t, you could miss out on valuable tax-saving opportunities or become subject to interest and even penalties.Making 2025 contributions to an IRAIt may be 2026, but you ...

04/10/2026

Did you know some personal interest expenses can still be deductible? Learn about 4 types of interest expense that may lower your tax bill — including a new break under the One Big Beautiful Bill Act (OBBBA). Read more: https://wix.to/FbaD6gT

Personal interest expense generally can’t be deducted for federal tax purposes. There are, however, exceptions. Here are four, one of which is a new break under the One Big Beautiful Bill Act (OBBBA), which was signed into law in 2025.1. Mortgage interestPerhaps the most well-known interest expens...

04/10/2026

Last chance to claim clean energy tax breaks! If you bought an EV or made qualifying green home upgrades last year, you might be eligible for a tax credit on your 2025 return — and tax credits reduce your liability dollar-for-dollar. Read the full guide to see what qualifies and important deadlines: https://wix.to/xIcUqmo

Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if you bought an electric vehicle or made certain green home improvements last year, you might be eligible for a tax credit on your 2025 individual income tax return...

04/10/2026

Used a vehicle for business in 2025? You could qualify for meaningful tax deductions — but the rules are detailed. Our new post breaks down how vehicle weight, business vs. personal use, and whether you use actual expenses or the cents-per-mile rate affect your deduction. Read the full guide and make sure you’re not leaving money on the table: https://wix.to/BPvLDYb

If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return. Businesses can generally deduct expenses attributable to business use of a vehicle plus depreciation. However, the rules are complicated, and your deduction....

Address

1010 Ohio River Boulevard
Pittsburgh, PA
15202

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+14127619180

Website

http://connollysteele.com/

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