High Point, North Carolina

Sharrard, McGee & Co., PA

Sharrard, McGee & Co., PA

1321 Long St
High Point, NC 27262
336-884-0410
Sharrard, McGee & Co., PA, Accountants, Finance, High Point, North Carolina

Entrusting an accounting firm to manage your finances involves a significant amount of trust, a decision you should never make lightly. For almost 40 years, the residents and business owners of High Point, NC, have relied on Sharrard McGee & Co PA for expert tax preparation and accounting services. As a locally owned business with a strong reputation for taking care of their clients, you can rely on their experience and expertise in almost any situation.

Sharrard McGee & Co PA offers all the services you need under one roof, including:

  • Tax Advising & Consulting: Whether you're a private individual or a large business, their tax advisors have the expertise you need to avoid audits and minimize your liabilities. They'll help you plan your strategy throughout the year, avoiding unexpected problems during tax season.
  • Small Business Accounting: Let their experts care for your finances so you can concentrate on growing your business.
  • Small Business Advising & Consulting: From establishing your company to meeting industry regulations, they will ensure that your business is fully compliant and ready for any eventuality.

Sharrard McGee & Co PA is committed to building life-long relationships with their clients and consider themselves partners in your growth and success. Combining the personalized attention of a boutique firm with the resources of a larger, global enterprise, they offer a level of service that goes unmatched.

Visit Sharrard McGee & Co PA online to learn more about their services, or call (336) 884-0410 to schedule your free consultation today.

Announcements & Events from Sharrard, McGee & Co., PA
Applying for Status as a Nonprofit, High Point, North Carolina
If you are considering starting a nonprofit entity like a charity, social organization, or association, there are several steps to take before applying for tax-exempt status. This ar...read more
Early Withdrawals from Retirement Plans, High Point, North Carolina
Sometimes situations arise that create the need to withdraw money from a retirement plan earlier than expected. There can be financial consequences to this decision like ad...read more
IRS Provides Guidance on TCJA Changes to Business Expense Deductions for Meals & Entertainment, High Point, North Carolina
In a recent newswire, the IRS addressed the changes to the rules on deducting meals and entertainments as business expenses resulting from the enactment of the Tax Cuts and Jobs Act ...read more
October 15 Tax-Filing Extension Approaches -- Are You Ready?, High Point, North Carolina
Millions of taxpayers requested the six-month extension for filing their tax returns, and this date is a week from Monday. The IRS issued a newswire warning these taxpayers to double...read more
Top Tax Strategies for the End of the Year -- Part 2, High Point, North Carolina
A recent article in Accounting Today highlighted 14 tax strategies to consider during your end-of-year planning with your tax consultant. We published the first half in a blog earlie...read more
Even though the Tax Cuts and Jobs Act has been the law for almost a year, most taxpayers still aren’t aware of the steps they should take between now and year’s end to improve their ...read more
The IRS has broadcast a newswire alerting taxpayers of a significant threat of scams being perpetrated surrounding the upcoming October 15 deadline. This timely communication gives t...read more
The team from the High Point and Greensboro offices of Sharrard, McGee & Co., PA volunteered their time and energy during the North Carolina Association of Certified Public Accou...read more
The SIMPLE IRA plan (Savings Incentive Match Plan for Employees) is the easiest to set up of all the retirement plans available to small business owners, and the ...read more
Relationship-building is a crucial key to growth in the business world, and the connections between Sharrard, McGee & Co., PA and Pinnacle Bank (formerly High Point Bank and...read more
Today’s IRS Newswire features a strong warning to taxpayers to beware of criminals who may target them for scams while seeming to be helping hurricane victims. Among the most co...read more
Saving for retirement is one of those tasks that's much easier said than done. With a little financial planning, though, and a basic understanding of tax law, you can put away a siza...read more
The IRS broadcast an “IRS Newswire” in which they identify the North Carolina counties that will have tax deadline extensions and instructions regarding other types of tax relief tha...read more
As those of us in North Carolina are watching the forecasts for the approach of Hurricane Florence and are preparing our homes and businesses for potential storm damage, there are al...read more
On Monday, both Sharrard, McGee & Co., PA offices participated in a team-building exercise with each office creating an artistic design using the food items the employees donated...read more
Donating to your favorite charity is a fantastic way to give back, and if you itemize deductions come tax time, you can benefit, too. In many cases, it’s possible to deduct...read more
An "IRS Newswire" issued on Wednesday, September 5, provides clarification for business taxpayers by stating that business-related payments to charities or government entities f...read more
One of the objectives for our longstanding client relationships is to serve as the leading consultant among their group of trusted advisors, with all of us sharing the goal of helpin...read more
Everyone dreams of being able to retire in comfort, surrounded by loved ones and blessed with the resources to lead a satisfying life of leisure. Smart retirement-savings planning is...read more
Happy Labor Day from the team at Sharrard, McGee & Co., PA! read more
Sharrard McGee & Co., PA Director Ken Fulp was happy to participate in our video project yesterday, taping his perspective on the 10th Key to Exceptional Service, Seamless Servic...read more
  Everyone at the High Point office felt like they were in the movie business this morning when we started filming our videos about “The 10 Keys to Exceptional Service.” Sta...read more
The IRS recently broadcast a newswire announcement in which they outlined Treasury & IRS proposed regulations providing rules on the availability of charitable contribu...read more
This blog is referenced from a recent article published in Accounting Today and written by Nellie Aklap, CEO of Corpnet.com. It highlights six important steps to be taken by business...read more
What financial papers should you keep track of throughout the year and why is it important to make record keeping a crucial part of your business activities? Good record keeping save...read more
It’s never too early or too late to start planning for your retirement. This article provides advice on how to develop a savings plan that will grow your money to accumulate the amou...read more
The IRS released a newswire announcement yesterday urging taxpayers who support dependents that can’t be claimed for the Child Tax Credit to check their paycheck withholding amo...read more
It has been a busy summer at Sharrard, McGee & Co., PA, and one of the most exciting events was the North Carolina Association of Certified Accountants CPA Inauguration 2018, hel...read more
We are nearing the peak time for hurricane season, and unfortunately, this presents an opportunity for scammers who pose as representatives of charities supporting victims, or as IRS...read more
The IRS is concerned that the changes brought about by the Tax Cuts and Jobs Act may result in some taxpayers not withholding enough from their paychecks. This error c...read more
Most small businesses owners have sought a loan from a bank or other lending institution to achieve a growth objective. Your chances for securing a loan depend upon how well you...read more
The third and final installment of our blog series about estate planning, written by Pat Walsh, CPA, Tax Manager, address concerns about gift tax returns, the probate process, inheri...read more
Part II of our blog series on estate planning, written by Pat Walsh, CPA, Tax Manager, recommends that you analyze your insurance coverage to ensure that you have enough, confirm you...read more
Our next blog post series, written by Pat Walsh, CPA, Tax Manager, addresses the 10 estate planning issues that you should consider. The first installment discusses key areas like be...read more
Many of those who live in the Piedmont Triad have second homes at the beach or in the mountains that they rent out and use themselves for vacations. There are specific tax rules cove...read more
This article highlights five tax deductions that were eliminated through the enactment of the Tax Cuts and Jobs Act. These include moving expenses, unreimbursed business expenses, ta...read more
This article highlights five things you should know about reporting and paying employment tax: Federal Income Tax, Social Security and Medicare Taxes, Federal Unemployment Tax (FUTA)...read more
This newsletter article focused on five areas relating to the home office deduction including:  Regular and Exclusive Use, Simplified Option, Regular Method, Deduction Limit, a...read more
In our final blog in this six-part series, we focus on four more areas of the Tax Cuts and Jobs Act that are open to interpretation as identified by Mark A. Luscombe, CPA, JD, LLM, i...read more
We continue our series of blogs based on the article written by Mark A. Luscombe, CPA, JD, LLM, and published in Accounting Today, about the 14 areas that are open to interpretation ...read more
This blog is a continuation of the piece we are covering that was published recently in Accounting Today, written by Mark A. Luscombe, CPA, JD, LLM, identifying 14 areas of the TCJA ...read more
This blog continues the list of 14 areas of the TCJA that are open to interpretation according to Mark A. Luscombe, CPA, JD, LLM, whose article identifying these issues was recently ...read more
If you're in the process of starting a business, it only makes sense that you'd want to protect your enterprise from both legal and fiscal perspectives. The right business insurance ...read more
Happy Independence Day from the team at Sharrard, McGee & Co., PA! read more
While the TCJA brought about many positive changes for taxpayers, there continue to be areas where the interpretation of the provisions of the law is unclear.  In a recent artic...read more
While the Tax Cuts and Jobs Act promises good news for taxpayers for 2018, tax planning to take maximum advantage of those provisions has been difficult due to continuing uncertainti...read more
Investing your money in retirement accounts offers a tax-free way to build a financially stable future. However, because there are restrictions and penalties placed on accessing reti...read more
Congratulations to Doug Brown, CPA/CGMA, Sharrard, McGee & Co., PA Tax Manager, for his election to the Autism Society of North Carolina Board of Directors for a 3-year term, ...read more
This newsletter article deals with several tax breaks that you can realize when hiring new employees. These include payroll deductions for startups, work opportunity credit, disabled...read more
We have posted the tips developed by the National Association of Enrolled Agents for small business owners based on some of the changes brought about by the Tax Cuts and Jobs Act as ...read more
Joseph Bishop-Henchman is Executive Vice President at the Tax Foundation, where he analyzes state tax trends, constitutional issues, and tax law developments. His analysis of to...read more
A recent article in Accounting Today included a list of tax tips for small business owners that included advice about managing changes brought about by the Tax Cut and Jobs Act as&nb...read more
Taxes for small businesses are always a complicated subject, and the changes that came with the Tax Cut and Jobs Act make things even more complex. The National Association of Enroll...read more
Our latest blog post is based on an article recently published in Accounting Today by Senior Editor Roger Russell in which he discusses a new Tax Court case, Sarvak v. IRS, T.C. Memo...read more
If you discover after you have filed your tax return that you have made a mistake, it's not the end of the world! In most cases, you will need to file an amended tax return. Thi...read more
Many parents seeking ways to save for their child's education determine that a 529 Plan is an excellent option. As a result of the passage of tax reform legislation in 2017, 529...read more
Crowdfunding websites like Kickstarter, GoFundMe, Indiegogo, and Lending Club have become popular for individual fundraising efforts and for small business owners seeking start-up ca...read more
Congratulations if your child is a student with a summer job! There are tax implications for the income your child will earn.  This article highlights seven points that you will...read more
An IRS audit is a review/examination of an organization's or individual's accounts and financial information to ensure information is reported correctly according to the tax laws and...read more
Wishing you and yours a safe, healthy, and happy Memorial Day Weekend.  In Memory of Many, in Honor of All, Thank You. From the team at Sharrard, McGee & Co., PA   read more
Congratulations to Addison Maille, CPA/JD, Manager at Sharrard, McGee & Co., PA, who was a featured speaker today at the North Carolina Association of Certified Public Accountant...read more
Many of the tax provisions under tax reform were favorable to small business owners including those relating to using a car for business. This article covers areas including: - Sect...read more
Sharrard, McGee & Co., PA Audit Manager Starla Hughes reports from another day at the AICPA Employee Benefit Plans Conference in Las Vegas. “IRS & DOL representatives were on...read more
Sharrard McGee & Co., PA Audit Manager Starla Hughes reports from the second day of the AICPA Employee Benefit Plans Conference in Las Vegas that "Cybersecurity is a huge bu...read more
Thanks to the High Point Chamber of Commerce, and event sponsors, GTCC Small Business Center and SCORE, for inviting Addison Malle, CPA/JD, Manager at Sharrard, McGee & Co., PA, ...read more
Starla Hughes, Sharrard, McGee & Co., PA Audit Manager, is among the over 1200 CPAs and other professionals attending the American Institute of Certified Public Accountants...read more
Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences, especially with the changes brought by the Tax Cut and ...read more
If you haven't filed a 2017 tax return yet, it's not too late, and it may be easier than you think. The tips in this newsletter article will help guide you through the steps to compl...read more
If you are like most small business owners you are always seeking ways to reduce your company’s tax bill. In this newsletter article, we suggest five areas that you may not have...read more
Whether you’re paying for hospital stays or prescription medicine, the cost of health care can quickly add up. If your employer doesn't offer health insurance or coverage is too expe...read more
As we celebrate Small Business Week, we send our gratitude, respect, and support to all the small businesses that have trusted us to help them start up and grow their businesses, man...read more
As those who are over 50 quickly discover, aging brings changes in many areas of life, including your approach to tax planning.  This newsletter article offers five tips th...read more
Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, and rent, as well as gains f...read more
Withholding issues can be complicated, and with the passage of the recent tax reform legislation--most of which takes effect starting in 2018—, it's important to make sure the r...read more
Now that the tax season is over, it’s time to plan for next year. One area that was affected by the Tax Cuts and Jobs Act is charitable giving deductions. The second part of this two...read more
With this year’s tax season coming to an end, taxpayers are starting to seek advice on how to plan for charitable giving and deductions to be in compliance with the new tax law for n...read more
American taxpayers received an extra day to file their returns electronically after a computer malfunction disrupted the Internal Revenue Service’s website. If you didn’t get your&nb...read more
The IRS has shared data up to March 31 for comparison of the 2018 tax season last year. The highlights of the date were published in a recent article by Accounting Today and we are f...read more
This two-part blog relates how the tax season is going so far as we enter the final stretch, with data provided by the IRS from up to March 31,  and published in a recent articl...read more
Every year the IRS identifies the twelve worst scams targeting taxpayers and tax preparers. This year’s list was recently published with commentary by Accounting Today, and we have p...read more
Every year the Internal Revenue Service highlights 12 of the worst of the worst to alert taxpayers and tax practitioners to the dangers they need to be aware of, both in the run-up t...read more
Unfortunately, identity theft has become increasingly prevalent with the number of victims at already over 13 million a year back in 2013. If your information gets into the wrong han...read more
Recent years have seen an intensifying of tax scams. Some crooks use the Dark Web and complex hacking to lift and hide stolen identities; others use technology no more sophisticated ...read more
Addison Maille, CPA/JD, Manager at Sharrard, McGee & Co., PA is the featured speaker for the High Point Chamber of Commerce 2018 Business Seminar sponsored by GTCC SBC and SCORE ...read more
This blog is the last in a seven-part series written by Addison Maile, CPA/JD, Manager, based on the educational session co-sponsored by Sharrard, McGee & Co., PA earlier this ye...read more
The clock is ticking, but if you haven't contributed funds to an Individual Retirement Arrangement (IRA) for tax year 2017, or if you've put in less than the maximum allowed, you sti...read more
The Accountable Care Act contains tax provisions that affect employers, with the size of the workforce determining which parts of the law are relevant.  Two parts of the ACA aff...read more
Sharrard, McGee & Co., PA co-sponsored a seminar earlier this year in which Addison Maille, CPA/JD, Manager, gave a presentation about the effects of the Tax Cuts and Job Acts on...read more
As you work with your tax advisor on your individual and business returns, it is helpful to understand which types of income are taxable and which are not. This newsletter article de...read more
The IRS recently shared information about how they determine the source of suspicious tax returns, and how they alert a taxpayer if such a return has been made with their p...read more
Sharrard, McGee & Co., PA recently sponsored an educational seminar in which Addison Maille, CPA/JD, Manager, outlined the key changes in the Tax Cut and Jobs Act affecting indiv...read more
There are many ways that taxpayers can be scammed, and criminals are constantly devising new schemes. One of these involves erroneous refunds that are deposited into taxpayer bank ac...read more
Under the Employee Retirement Income Security Act of 1974 (ERISA), employers in the private industry must meet certain standards when establishing pension and health care plans for t...read more
In a recent seminar co-sponsored by Sharrard, McGee & Co., PA, Addison Maille, CPA/JD, Manager, outlined the key changes in the Tax Cut and Jobs Act affecting individuals and bus...read more
It can be very frustrating to discover you are missing a tax form. Our most recent newsletter article provides information on what to do if you are missing a W-2, 1099, or Health Ins...read more
Sharrard, McGee & Co., PA recently co-sponsored a seminar highlighting how the new tax cuts will affect individuals and businesses.  Addison Maille, CPA/JD, Manager, gave a ...read more
Earlier is better when it comes to working on your taxes but many people find preparing their tax return to be stressful and frustrating. Fortunately, it doesn't have to be. This art...read more
Sharrard, McGee & Co., PA recently co-sponsored a seminar highlighting how the new tax cuts will affect individuals and businesses.  Addison Maille, CPA/JD, Manager, gave a ...read more
We like to acknowledge the community involvement of the members of the Sharrard, McGee & Co., PA team. By bringing attention to the organizations they actively support we can hel...read more
Sharrard, McGee & Co., PA recently co-sponsored a seminar highlighting how the new tax cuts will affect individuals and businesses.  Addison Maille, CPA/JD, Manager, gave a ...read more
Sharrard, McGee & Co., PA was among the business sponsors of the YWCA of High Point's "Heart of YWCA Luncheon" held at the High Point Country Club yesterday. This luncheon i...read more
Both tax credits and deductions can cut your liability, potentially saving you hundreds or even thousands of dollars if you itemize your returns. While many people might use the term...read more
Sharrard, McGee & Co., PA, Wyatt Early Harris Wheeler, and The Tilley Group/Merrill Lynch hosted a seminar “Tax Cuts and Jobs Act” for 2018  at the Grandover Resort & Co...read more
Do you have questions about how the new tax laws will affect you and your business? Join us for a free seminar, “Tax Cuts and Jobs Act for 2018,” on Monday, February 5, from 4:3...read more
Today’s High Point Enterprise features an article, “New Law to Have Little Impact on Tax Filing this Year,” in which Sharrard, McGee & Co. PA Manager Addison Maille, CPA/JD, prov...read more
Sharrard, McGee & Co., PA announced that Susan Smitherman has been licensed as a Certified Public Accountant (CPA) by the North Carolina Board of Certified Public Accou...read more
Sharrard, McGee & Co., PA announced that Melinda Carter has been promoted to the position of Tax Paraprofessional. She started her career at the firm in 1998 as a Receptionist/Ad...read more
Sharrard, McGee & Co., PA announced that Teresa Melton has joined the firm as an Administrative Assistant, providing a wide range of support services to clients an...read more
Sharrard, McGee & Co., PA has recently announced several new hires and a promotion which included the recruitment of Sandra Nicole Tyler as a Staff Accountant. Before joining our...read more
One of our newest employees at Sharrard, McGee & Co., PA, Trey Hocutt, joined us after serving as an intern on the audit team during the 2017 tax season. Hocutt, a n...read more
Sharrard, McGee & Co., PA has expanded its client service team with the recruitment of Staff Accountants Trey Hocutt, Sandra Nicole Tyler, and June Zhao, Administrative Assistant...read more
Posting job listings and interviewing candidates are the first steps toward hiring a new employee. Before your new worker can be added to the payroll, state and federal law require y...read more
Congress has enacted the largest tax reform law in thirty years. One that will make fundamental changes in the way you and your business calculate your federal income tax bill a...read more
When it comes to creating a budget, it's essential to estimate your spending as realistically as possible. Here are five budget-related errors commonly made by small businesses and s...read more
Many of the tax changes affecting individuals and businesses for 2017 were related to the Protecting Americans from Tax Hikes Act of 2015 (PATH) that modified or made permanent numer...read more
Whether you file as a corporation or sole proprietor, this newsletter article addresses some details that business owners need to know about tax changes for 2017. https://www.sh...read more
Thanksgiving is finally behind us and Christmas is right around the corner, which means tax time will be here before you know it. If you often scramble to gather all relevant financi...read more
The American Society of Pension Professionals and Actuaries has reported that a scheme targeting individual 401(k) accounts, potentially at multiple recordkeepers, has resulted in a ...read more
This blog ends our series on “Ten Tax Tips for End of the Year Planning in Uncertain Times,” addressing retirement account tax savings, documentation of business activities, determin...read more
The Republicans have finally shared the long-awaited tax plan, known as the Tax Cuts and Jobs Act, but it hasn’t made it through the legislature just yet. While the details of the pl...read more
Our most recent blog includes Tips 4, 5 and 6 for end-of-the-year tax planning in uncertain times.https://www.sharrardmcgee.com/blog.php.  We encourage you to call your tax advi...read more
Many people don’t think about their taxes until it’s time to file, a mistake that could increase your liability and cause you to turn over more of your income to the IRS. A year-roun...read more
For many business owners in North Carolina, dealing with accounting matters can create a major roadblock to upwards progress. In this case, accessing the assistance of a business acc...read more
Taxes play a significant role in the well-being of a business, especially in its early years. Each type of business gets taxed differently, and it’s important to know how. Profession...read more
Starting a business is an exciting endeavor, though it comes with pitfalls. While branding and operation strategies are essential, properly setting up a financial system is just...read more
It is not uncommon for Americans and resident aliens to earn income abroad. If you earn any kind of income from foreign sources, it is essential that you understand the reporting req...read more
If you’re expecting your student loans to be forgiven this year, or anticipating a creditor to stop collecting what you owe, you’ll probably end up with canceled debt in the near fut...read more
If you want to protect your company’s bottom line, you need to manage your cash flow meticulously. Unless you have a background in corporate accounting, though, you may not know how ...read more
Every year, millions of Americans overpay on their taxes, largely due to failures to claim the full value of the deductions and credits they deserve. Before filing your tax returns f...read more
If you own a small business, it is critical that you process your payroll taxes properly because mistakes don’t just affect you; they could affect your livelihood and your entire fam...read more
Every small business owner spends a great deal of time updating documents, generating reports, and making sure every account is up to date. However, those chores are almost certainly...read more
On December 1, 2016, a new rule change went into effect which significantly expanded protections to cover more than four million American workers who were previously exempt from over...read more
For many Americans, tax preparation is a fairly straightforward process that can be completed quickly with minimal confusion. However, if your financial situation is more complex or ...read more
When it comes to accounting services for your business, you can't afford to skimp. However, that doesn't mean you need a full-time staff member to do all your bookkeeping. In fact, t...read more
Early retirement is a dream shared by millions who are looking forward to kicking up their heels, exploring new passions, or traveling the world. Fortunately, with a little preparati...read more
Every year, millions of Americans pay more in taxes than they strictly have to, all because they failed to adopt a year-round strategy based on maximizing deductions and credits. Dra...read more
401(k) plans and IRAs are excellent ways to start saving for retirement, but they can also help reduce your annual taxes, too. The tax accountants at Sharrard McGee & Co PA offer...read more
The April 15 tax deadline for 2016 has come and gone, but that doesn't mean you shouldn't file your tax returns at all. Sharrard McGee & Co PA, tax preparation specialists with 4...read more
In an effort to save money, a lot of people try to file their own tax returns, only to find that the time, frustration, and delays wind up costing more in the long run. Sharrard McGe...read more
Successful small business owners know the value of thorough tax preparation. The experts at Sharrard McGee & Co PA, a company offering accounting and financial services to the re...read more
Whether you’re a freelancer or an entrepreneur, tax preparation tasks if you're self-employed can be overwhelming. Hiring a tax accountant can help you sort through the complexities ...read more
When it comes to money management, you want a trusted and unbiased partner who will keep your financial goals in mind through realistic solutions. The accounting services firm of Sha...read more
Protecting your identity from criminals who steal your Social Security number and other personal information to file fraudulent tax returns is becoming more of a priority. Being proa...read more
Effective tax preparation and retirement planning depend on understanding the benefits and drawbacks of the various types of saving and investment plans available. Sharrard McGee &a...read more
If you're thinking about making a charitable donation during the holiday season this year and want to claim a tax deduction for your gifts, it’s essential for you to itemize your ded...read more