When it comes to managing your finances, you need a partner you can trust. Peavy & Associates, PC, located in Conway, South Carolina, provides comprehensive CPA services for individuals, families, and businesses. Our goal is simple: to simplify your financial life, minimize tax liability, and help you plan for long-term success.

With decades of combined experience, our certified professionals deliver expert guidance, personalized solutions, and trusted advice. Whether you need tax planning, bookkeeping, payroll, or business consulting, Peavy & Associates is your Conway CPA partner for financial clarity and confidence.

Our CPA Services in Conway, SC

1. Individual Tax Planning & Preparation

Navigating personal taxes can be overwhelming. We provide accurate, timely tax preparation, identify deductions and credits, and develop a proactive plan to reduce liability.

2. Business Accounting & Bookkeeping

From day-to-day bookkeeping to preparing financial statements, we ensure your business records are accurate, organized, and compliant.

3. Payroll Services

Reliable payroll processing and tax reporting are essential for any business. We handle the details so you can focus on running your company.

4. Tax Consulting & Strategic Planning

Our CPAs offer year-round tax planning to help you make informed financial decisions, maximize savings, and stay compliant with federal and state regulations.

5. Estate Planning & Succession Strategies

Protect your assets and plan for the future. We provide guidance on estate and trust planning, ensuring a smooth transition for your family or business.

6. Audit Assistance & Assurance

We offer support with audits, attestations, and financial reviews to protect your interests and maintain transparency.

Why Conway Residents Trust Peavy & Associates
Choosing the right CPA firm is about more than just numbers — it’s about trust, reliability, and expertise. At Peavy & Associates, we offer:

• Local Knowledge: In-depth understanding of Conway, South Carolina tax laws and business regulations.
• Personalized Solutions: Tailored strategies based on your financial goals and business needs.
• Professional Expertise: Experienced CPAs with ongoing education to stay ahead of changing regulations.
• Year-Round Support: Guidance and advice throughout the year, not just at tax time.
• Transparent Communication: Clear explanations, reporting, and pricing for peace of mind.

Benefits of Partnering with Peavy & Associates

By working with us, you gain a trusted financial partner who can help you:

• Minimize taxes and maximize deductions
• Maintain organized and accurate financial records
• Plan for retirement, growth, and major life events
• Avoid costly mistakes and IRS penalties
• Make informed financial decisions backed by professional expertise

Frequently Asked Questions

1. Who can benefit from your CPA services?

Individuals, families, small businesses, and corporations in Conway and surrounding areas benefit from our services.

2. How often should I meet with a CPA?

For optimal results, we recommend quarterly check-ins, though we tailor our services to your needs.

3. Can Peavy & Associates help with IRS audits?

Yes, we provide audit support, guidance, and representation to protect your interests.

4. Do you offer services for remote clients?

Absolutely. We work digitally with clients nationwide while providing personalized service.

5. How do I get started?

Contact us for a consultation — we’ll review your financial situation and recommend tailored solutions.

Take Control of Your Finances Today

Your financial future deserves expert guidance. Whether you’re an individual needing tax planning or a business owner seeking accurate bookkeeping and accounting, Peavy & Associates, PC is your trusted CPA firm in Conway, SC.

📍 Visit Us: 1516 E Highway 501, Unit 104, Conway, SC

📞 Call: (843) 347-0849

🌐 Website: www.peavyandassociates.com

📅 Schedule Your Consultation: Book Online

Partner with a CPA firm that puts your financial success first. Start planning smarter, growing stronger, and achieving peace of mind today.

Running a small business comes with challenges — especially when it comes to managing your finances. From tax compliance to bookkeeping and cash flow management, even minor missteps can lead to costly mistakes. That’s where Peavy & Associates, PC comes in.

Located in Conway, South Carolina, our full-service CPA firm provides personalized small business accounting and tax planning services that help business owners simplify operations, stay compliant, and plan for sustainable growth.

Comprehensive Small Business Accounting Services

At Peavy & Associates, we understand that every small business is unique. That’s why our services are tailored to meet your specific needs:

1. Bookkeeping & Financial Statements

We maintain accurate books and prepare timely financial statements so you can see exactly where your business stands.

2. Payroll Services

From employee payroll to tax reporting, we ensure accurate, on-time processing that complies with federal and state requirements.

3. Tax Planning & Preparation
Proactive tax strategies reduce liability, maximize deductions, and keep you ahead of regulatory changes.

4. QuickBooks & Accounting Software Support
We help set up, optimize, and manage your accounting software to streamline workflows and save you time.

5. Business Consulting & Advisory Services
We provide actionable insights on budgeting, forecasting, and financial decision-making to help your business thrive.

6. Audit & Assurance Services
Our team can assist with audits, reviews, and attestation services to ensure financial transparency and compliance.

Why Tax Planning is Critical for Small Businesses

Many small businesses wait until tax season to think about taxes, which can lead to surprises and lost opportunities. Year-round tax planning with Peavy & Associates helps you:

• Reduce your tax burden legally
• Take advantage of deductions and credits
• Plan for retirement contributions and business growth
• Avoid penalties and IRS issues
• Make informed financial decisions for the future

By reviewing your financials quarterly, we ensure your business stays on track and ready for any tax changes in 2025.

Frequently Asked Questions (FAQs)

1. What types of small businesses do you work with?

We work with sole proprietorships, LLCs, corporations, and partnerships across Conway and surrounding areas.

2. How often should I meet with my CPA?

We recommend at least quarterly reviews for small business owners to track finances, plan taxes, and make adjustments.

3. Can Peavy & Associates help with IRS audits?

Yes — we provide audit representation and support, guiding you through the process with confidence.

4. Do you offer remote services?

Absolutely. We work with clients digitally for bookkeeping, tax filing, and consulting while providing the same personalized service.

5. How do I get started?

Contact us for a free consultation — we’ll review your business, assess your needs, and create a plan tailored to your goals.

Why Choose Peavy & Associates in Conway, SC

• Local Expertise: We know Conway and South Carolina tax laws inside and out.
• Personalized Attention: Your business is unique, and we tailor services to match your goals.
• Trusted Professionals: Our CPAs have years of experience serving small businesses.
• Year-Round Support: We don’t disappear after filing season — we’re here all year to help you grow.
• Transparent Communication: Clear pricing, easy-to-understand reports, and proactive advice.

Book Your Small Business Accounting & Tax Consultation Today
Managing a small business doesn’t have to be stressful. With Peavy & Associates, PC, you can focus on running your business while we take care of the numbers.

📍 Visit Us: 1516 E Highway 501, Unit 104, Conway, SC

📞 Call: (843) 347-0849

🌐 Website: www.peavyandassociates.com

📅 Schedule a Consultation: Book Online

Take the first step toward stress-free finances, smarter tax planning, and sustainable business growth — partner with Peavy & Associates today.

​In today’s complex financial landscape, the importance of professional accounting and tax preparation services cannot be overstated. Business owners and individuals alike often find themselves overwhelmed by the intricacies of tax laws, compliance requirements, and financial reporting. Engaging with professional accountants offers a sense of security and assurance that every detail is taken care of meticulously. They possess the expertise to navigate the ever-changing tax codes and regulations, ensuring that clients maximize their deductions and minimize their liabilities.

One of the key advantages of choosing professional accounting and tax preparation services is the time saved. Tax season can be particularly stressful, with numerous documents to organize and deadlines to meet. Professionals streamline this process, allowing clients to focus on their core activities rather than getting bogged down by paperwork. Moreover, with their extensive knowledge, accountants can identify potential financial pitfalls that individuals or businesses may overlook, providing valuable insights that can lead to more efficient financial planning.

Another significant benefit is the level of accuracy and reliability that professional services bring to the table. Errors in tax preparation can result in costly penalties and audits, which can be both financially and emotionally draining. By relying on seasoned accountants, clients can minimize these risks as they utilize specialized software and have access to in-depth resources that ensure precise filing and reporting. This not only promotes peace of mind but also establishes a solid foundation for future financial decisions.

Ultimately, investing in professional accounting and tax preparation services is a strategic move for anyone seeking to streamline their financial management. In a world where financial landscapes are constantly evolving, having a trustworthy advisor can make all the difference. From proactive tax planning to comprehensive financial strategies, professional accountants are essential partners in achieving both short-term and long-term financial goals. By choosing their expertise, clients can position themselves for success and navigate their financial future with confidence.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

Accuracy in accounting and tax preparation is fundamental for individuals and businesses alike, serving as the backbone of financial integrity and compliance. In an increasingly complex regulatory environment, the precision with which financial records are managed can directly impact an organization’s health. Errors in accounting practices can lead to discrepancies that not only threaten the validity of financial statements but can also result in legal ramifications and hefty penalties during tax audits. As such, meticulous attention to detail is crucial for ensuring that all financial information is recorded and reported correctly.

Moreover, the ramifications of inaccuracy extend beyond legal issues; they can significantly affect strategic decision-making. Businesses rely on accurate accounting data to analyze trends, allocate resources effectively, and forecast future growth. When financial records are flawed, the decisions made based on this data can lead to misguided strategies that could jeopardize the company’s finances. Therefore, ensuring accuracy in accounting and tax preparation is not just a compliance requirement; it is a critical factor in fostering sustainable growth and financial stability.

Additionally, the rise of technology in the accounting sector presents both opportunities and challenges. While software solutions can enhance efficiency and reduce human error, they also require proper implementation and ongoing oversight. It is essential for professionals involved in accounting and tax preparation to remain vigilant and updated on best practices and emerging technologies. Investing in regular training and adopting robust accounting practices is vital in order to maintain the highest standards of accuracy.

Ultimately, the importance of accuracy in accounting and tax preparation cannot be overstated. It not only promotes compliance and mitigates risks but also builds trust with stakeholders, including investors, clients, and regulatory bodies. Simplifying complex financial concepts and maintaining transparent records are components that ensure sound financial management. As individuals and organizations continue to navigate economic challenges, prioritizing accuracy in financial reporting will be paramount to achieving long-term success.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

​In today’s fast-paced world, managing personal finances can often feel overwhelming. However, with the right strategies in place, streamlining your finances can be a straightforward process. Accounting experts emphasize the importance of organization and regular tracking of expenses to gain control over where your money goes. Creating a detailed budget that outlines your income, fixed expenses, and discretionary spending can help in identifying areas where you can cut back and save more. By allocating your funds effectively, not only can you avoid unnecessary debt, but you can also set aside money for savings and investments.

An essential part of effective financial management is understanding the tax implications of your financial decisions. Proper accounting and tax preparation are crucial for maximizing your potential deductions and credits. Engaging with a knowledgeable accountant can provide insights into the tax benefits of various expenditures, from business-related costs to benefits associated with investments. These professionals can help ensure that you are compliant with tax laws while making the most of available advantages, allowing you to keep more money in your pocket.

Moreover, technology can play a significant role in streamlining your finances. Utilizing budgeting apps and accounting software can automate many processes, simplifying the task of tracking expenses and income. This not only saves time but also reduces the chances of human error that can occur when manually entering financial data. Many of these tools can categorize expenses, generate insightful reports, and even send reminders for upcoming bills or tax deadlines, making it easier to stay on top of your financial responsibilities.

In conclusion, streamlining your finances involves a combination of organization, tax knowledge, and leveraging technology. By working closely with accounting experts and adopting tools that facilitate efficient financial management, you can create a balanced financial life. This proactive approach not only reduces stress but also opens the door to achieving your financial goals, providing a clearer path towards building a secure financial future.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

Maintaining accurate financial records is crucial for the success of any business. However, many business owners make common accounting mistakes that can lead to financial mismanagement, tax issues, and missed opportunities. Avoiding these pitfalls can help you maintain a healthy financial position and stay compliant with regulations. Here are some of the most frequent accounting mistakes and tips on how to avoid them.

1. Failing to Separate Personal and Business Finances

One of the biggest mistakes small business owners make is mixing personal and business finances. This can lead to confusion, inaccurate financial records, and potential tax problems. To avoid this, open a separate business bank account and use it exclusively for business transactions. This will make it easier to track expenses, calculate taxes, and maintain clear records.

2. Neglecting Regular Reconciliation

Failing to reconcile your accounts regularly can result in discrepancies between your records and actual bank statements. This can cause problems during tax season or when seeking financing. Set aside time each month to reconcile your bank accounts, credit cards, and other financial records. This ensures accuracy and helps you identify any errors or fraudulent activity early on.

3. Overlooking Tax Deductions

Many businesses miss out on valuable tax deductions by not keeping track of deductible expenses. Common deductions include business-related travel, office supplies, and home office expenses. Keep detailed records of all your expenses and consult with a tax professional to make sure you’re taking advantage of every deduction available to you.

4. Inconsistent Record-Keeping

Inconsistent or incomplete record-keeping can make it difficult to assess your financial health or prepare accurate tax filings. Make sure to track all income, expenses, and financial transactions in a timely manner. Using accounting software can simplify the process and help you stay organized.

5. Underestimating Cash Flow Needs

Many business owners underestimate the importance of cash flow management. Even profitable businesses can run into trouble if they don’t have enough cash on hand to cover expenses. Regularly track your cash flow and plan ahead for periods when revenue may slow down. Creating a cash reserve and forecasting future cash needs can help prevent financial crunches.

6. Ignoring Professional Help

While DIY accounting may seem cost-effective, relying solely on personal knowledge can lead to costly mistakes. Working with an accountant or bookkeeper can ensure that your financial records are accurate and compliant with tax laws. Professionals can also offer strategic advice to improve financial management and prevent costly errors.

Accounting errors can have serious consequences for your business, from lost profits to tax penalties. By avoiding common mistakes like mixing personal and business finances, neglecting reconciliation, and overlooking tax deductions, you can keep your finances in check and maintain a strong financial foundation. Staying organized, seeking professional advice, and regularly reviewing your financial health will help you avoid pitfalls and set your business up for long-term success.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

​When it comes to managing your business finances, partnering with a trusted accounting firm can make all the difference. Accounting firms are experts in handling financial matters, ensuring accuracy and compliance with ever-changing regulations. From bookkeeping to tax planning, these professionals have the knowledge and experience to keep your business on track.

One of the key benefits of working with an accounting firm is the access to their expertise. They are well-versed in the industry’s best practices and can provide valuable insights into financial strategies that can help your business thrive. The guidance and advice from these professionals can save you time and money, allowing you to focus on core business operations.

Another advantage of partnering with an accounting firm is the assurance of accurate financial records. Bookkeeping, payroll, and tax reporting can be a complex and time-consuming process. By entrusting these tasks to professionals, you can rest easy knowing that your financial records are in capable hands. This accuracy is essential for making informed business decisions and for meeting regulatory requirements.

Additionally, working with a reputable accounting firm can help you maximize your tax benefits. With ever-changing tax laws, it can be challenging for business owners to keep up and take advantage of available deductions and credits. An accounting firm can help identify opportunities for tax savings, reducing your overall tax liability and freeing up funds for other business needs.

Partnering with a trusted accounting firm is a smart move for any business owner. Their expertise, accuracy, and ability to maximize tax benefits can have a significant impact on your bottom line. By outsourcing your financial management to professionals, you can focus on growing your business and achieving your goals with confidence.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

​When it comes to managing the financial aspects of your business, selecting the right accounting firm is crucial. A reputable accounting firm can provide valuable insights, guidance, and support to ensure your financial records are accurate and up-to-date. However, with so many options available, it can be overwhelming to choose the right firm for your specific needs. To make the selection process easier, there are several key considerations to keep in mind.

First and foremost, it is essential to determine the size of the accounting firm that aligns with your requirements. Larger firms may offer a wider range of services and resources, while smaller firms may provide more personalized attention. Consider the complexity of your financial needs and the level of support you require to determine which size of firm is the best fit.

Another important consideration is the industry expertise of the accounting firm. Each industry has its own unique financial challenges and regulations, so it is important to choose a firm with experience in your specific sector. An accounting firm with industry expertise will have a deeper understanding of your business’s financial requirements and can provide customized solutions tailored to your industry’s needs.

Furthermore, it is crucial to assess the reputation and credibility of the accounting firm. Look for firms with a proven track record of reliability, accuracy, and professionalism. Online reviews and client testimonials can provide valuable insights into the quality of service provided by the firm. Additionally, consider the certifications and qualifications of the firm’s accountants, as these credentials can indicate their expertise and competence.

In conclusion, selecting the right accounting firm requires careful consideration of factors such as size, industry expertise, and reputation. Taking the time to assess these key elements will ensure that you choose a firm that can effectively meet your financial needs and provide the necessary support for your business’s success. Remember, investing in a reliable accounting firm is an investment in the future growth and stability of your business.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

​Managing finances can be a daunting task, especially when you’re running a business. It’s easy to get overwhelmed with all the numbers, reports, and deadlines. That’s why partnering with an accounting firm can make your life so much easier. Our expert team of accountants is here to simplify your finances and help you focus on what you do best – running your business.

Our accounting firm expertise goes beyond crunching numbers. We offer a comprehensive range of services tailored to meet your specific needs. From bookkeeping and payroll to tax planning and financial analysis, we’ve got you covered. Our team stays up-to-date with the latest regulations and laws, ensuring compliance and avoiding any potential penalties or issues.

Working with us means you can say goodbye to the stress of managing your finances. We provide accurate and timely financial statements, giving you a clear picture of your business’s financial health. This allows you to make informed decisions and strategize for the future. Our team is always available to answer any questions or provide guidance, so you can feel confident in your financial choices.

By outsourcing your accounting needs to our firm, you can save time, money, and energy. Rather than spending hours trying to navigate complex financial documents, you can focus on growing your business and achieving your goals. Our streamlined processes and expertise will ensure your finances are organized and optimized for success.

In conclusion, partnering with our accounting firm is a smart move for simplifying your finances. Our expertise, range of services, and commitment to exceptional client service make us the perfect choice for all your accounting needs. Let us handle the numbers, so you can focus on what you love – running your business. Take the first step towards financial simplicity and contact us today.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!

​In today’s ever-evolving business landscape, staying on top of financial management is crucial for the success of any company. One way to ensure your business’s financial health is by enlisting the services of a reputable accounting firm. With their expertise and tailored solutions, these firms can provide the support you need to navigate complex financial matters.

One of the key benefits of working with an accounting firm is their ability to tailor solutions to meet your specific needs. Whether you’re a small startup or a large corporation, these firms have a deep understanding of the unique challenges businesses face in managing their finances. They can develop customized strategies that align with your goals, helping you make informed decisions and optimize your financial performance.

A reputable accounting firm goes beyond just crunching numbers. They offer a wide range of services that can add significant value to your organization. From bookkeeping and tax planning to financial analysis and forecasting, these firms have the resources to provide comprehensive assistance. By delegating these critical tasks to the experts, you can focus on core business operations and capitalize on opportunities for growth.

When choosing an accounting firm, reputation is key. Look for firms with a proven track record of success and positive client testimonials. A reputable firm should also have qualified professionals with relevant certifications and industry experience. By partnering with a trusted accounting firm, you can gain peace of mind knowing that your financial matters are in capable hands.

Ultimately, hiring an accounting firm can provide your business with the support it needs to thrive in today’s competitive market. Their tailored solutions and expertise can help you navigate financial complexities, optimize your performance, and make well-informed decisions. So, take the time to research and select a reputable accounting firm that aligns with your business goals and let them take your financial management to the next level.

At Peavy and Associates PC our mission is to assist you with all your tax preparations, payroll and accounting needs.  We provide our clients with professional, personalized accounting services and guidance in a wide range of financial and business needs. Give us a call today (843) 347-0849 and discover why our clients return to Peavy and Associates, PC year after year!