The Care, Competence & Common Sense Business and Individual CPA Firmsm
A New York State Certified Women-Owned Business.
Tax Planning & Preparation for Individuals and Small Businesses
Expert tax strategies, business planning, and accounting services.
Compliance and Audit Services for Nonprofits
Securing assets, improving efficiency, and providing expert nonprofit compliance audits.
Audit and Compliance Services for Affordable Housing
Reliable financial statement audits, compliance audits, and cost certifications for housing providers.
Welcome to Heveron & Company CPAs
Your Trusted Business and Individual CPA Firm
Our website is designed to be a helpful resource for you, whether you’re curious about how we do business, looking for financial insights, or considering working with our nonprofit, business and individual CPA firm. We invite you to explore the pages and discover all the resources & information we have to offer.
In our collection, you’ll find insightful tax articles and newsletters, as well as valuable links to nonprofit resources that can help you navigate the financial landscape. We’ve carefully curated these resources to provide answers to your questions and offer guidance for various financial scenarios you may encounter.
Our story began in 1972, and since then, we’ve dedicated our business and individual CPA firm to serving your unique needs with a personal and professional touch. As a certified women-owned business, and a New York State Department of Education licensed provider of continuing education for CPAs, we continually expand our knowledge to better serve you.
Feel free to learn more about our firm, the people behind it, and our approach to doing business. We hope you find our website valuable and invite you to reach out if you have any questions or would like to learn more.
We have built our services around our commitment to care, competence, and common sense.
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Competence means that although we perform auditing, tax and advisory services throughout the year, we don’t take that extensive experience for granted. We complement it with continuing education throughout the year. We use in-house and outside seminars, video and practice problems to do this. We have the latest computer software and training so that we will be efficient in our audit work and report summarization.
Common Sense means that we plan and perform our work and develop our training to focus on the areas that will help us identify potential problems or opportunities for you.
We are committed to confidentiality and clear communications. Confidentiality means that we respect the privacy of our clients, and the confidential nature of the information we receive. Our privacy policy confirms this.
Communications are important at Heveron & Company CPAs. We have regular training in listening, writing, speaking and other communications skills, and we realize the importance of understanding your needs and operations, interpreting financial trends in a way that will help you identify appropriate actions, discussing our findings and recommendations before they are formalized in writing, and advising you about our schedule, procedures and needs, and about changes in tax, compliance, accounting or other requirements that may affect you, as soon as possible.
News, Updates and awards.
2025 Best Companies to Work for in NY announced
“Heveron & Company CPAs has cultivated a unique and supportive work environment that focuses on family, fun and meaningful work. The firm’s commitment to its employees is evident in its flexible work schedules, allowing staff to work remotely or adjust hours to meet personal needs. Leadership prioritizes mentorship and training, creating a collaborative atmosphere where employees are empowered to grow. Staff reviews, called previews, focus on development rather than performance critique, reinforcing a positive, educational culture.
The firm’s dedication to work-life balance is demonstrated through multiple annual bonuses, paid time off for volunteering and company-funded events for employees and their families. The casual office environment, where employees are encouraged to bring pets or children, enhances the sense of community. Heveron & Company CPAs also ensures that its employees enjoy an additional week of vacation between Christmas and New Year’s.
The firm’s mission of supporting nonprofit clients and giving back to the community attracts individuals who are passionate about making a difference. The focus on work-life balance, continuous learning and building strong relationships within the team has led to outstanding staff retention. This culture of care, respect and personal and professional growth makes Heveron & Company CPAs a standout employer in the accounting industry, where every team member is valued and has a voice in shaping the firm’s future.”
The New York State Council of the Society for Human Resource Management, Best Companies Group, BridgeTower Media and Rochester Business Journal have named 73 companies as the 2025 Best Companies to Work for in New York.
Best Companies to Work for in New York is a research-driven program that examines a company’s practices, programs and benefits and also surveys its employees for their perspectives. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final rankings.Best Companies to Work for in New York is a research-driven program that examines a company’s practices, programs and benefits and also surveys its employees for their perspectives. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final rankings.
The best places of employment in New York are identified in three categories: small companies (15-99 employees), medium companies (100-249 employees) and large companies (250 or more employees). To be considered, companies must have at least 15 full-time or part-time employees working in New York; be a for-profit or nonprofit business or government entity; be a publicly or privately held business; have a facility in the state of New York and be in business a minimum of one year.
SMALL COMPANIES (15-99 employees)
Heveron & Company CPAs
No More Paper Checks from or to the Federal Government starting September 30, 2025
No More Paper Checks from or to the Federal Government starting September 30, 2025
As a result of a March 25, 2025 Executive Order, with limited exceptions, the federal government will no longer issue paper checks or accept payment by check. The primary exceptions will be for individuals without access to banking services or electronic payment options.
Electronic payment options include direct deposits, prepaid cards, debit or credit card payments, and other modern payment methods such as digital wallets.
Starting September 30, 2025, all payments made to the federal government including tax payments must be electronic.
This change is intended to increase efficiency and to reduce loss, theft, and check delivery issues.
This will impact forth quarterly estimated tax payments for your 2025 return, tax payments with that return and all subsequent federal estimated payments.
New York State has not yet adopted similar legislation however they also strongly encourage electronic payments.
The Executive Order, issued on March 25, 2025, mandates a significant shift away from paper-based payments by the Federal Government. Effective September 30, 2025, the Secretary of the Treasury is directed to cease issuing paper checks for all Federal disbursements, including tax refunds. Similarly, the order states that all payments made to the Federal Government, including taxes, shall be processed electronically as soon as practicable and to the extent permitted by law. This transition aims to reduce costs, delays, and the risks of fraud associated with paper checks. The reliance on paper checks has historically led to a higher incidence of loss, theft, undeliverability, or alteration compared to electronic funds transfers (EFTs).
New York State has not yet adopted similar legislation but they strongly encourage electronic payments, so it is very possible that they will enact similar legislation.
Exceptions to the Paper Check Phase-Out:
While the order strongly pushes for electronic transactions, it acknowledges that certain exceptions are necessary. The Secretary of the Treasury is tasked with reviewing and revising procedures for granting limited exceptions where electronic payment and collection methods are not feasible. These exceptions include situations for:
• Individuals without access to banking services or electronic payment options [7(i)]. This is a crucial consideration for practitioners who represent clients who are unbanked or underbanked. Alternative payment options will need to be provided for these individuals.
• Certain emergency payments where electronic disbursement would cause undue hardship [7(ii)]. While less directly related to routine tax matters, this could potentially affect disaster relief payments with tax implications.
• National security- or law enforcement-related activities where non-EFT transactions are necessary or desirable [7(iii)]. This is unlikely to directly impact the majority of tax practices.
• Other circumstances as determined by the Secretary of the Treasury [7(iv)]. This broad category leaves room for future regulatory guidance that may be relevant to specific taxpayer situations.
Transition to Electronic Payment Methods:
The Executive Order explicitly mentions various electronic payment methods that will be utilized, both for disbursements and receipts. These include:
• Direct deposit [4, 6(i)]. This will likely become the primary method for receiving tax refunds.
• Prepaid card accounts and other digital payment options. Taxpayers may have the option to receive refunds via these methods.
• Debit and credit card payments [6(ii)]. This is already a common method for taxpayers to remit tax payments and is expected to continue and potentially expand.
• Digital wallets and real-time payment systems [6(iii)]. The order anticipates the use of these modern payment technologies for federal transactions, including tax payments and potentially some types of refunds in the future.
The Secretary of the Treasury will support agencies in this transition by providing access to these centralized payment systems.
In the Lead: Best Women-Owned Businesses 2024
Heveron & Company CPAs, a leading women-owned accounting firm, is proud to be recognized in Rochester Business Journal’s “In the Lead: Best Women-Owned Businesses” program. Founded in 1972, the firm is now 59.5% women-owned and has been serving nonprofits, affordable housing partnerships, businesses, and individuals for over 50 years. Heveron & Company emphasizes the importance of leadership diversity, with 70% of its staff being women. The firm believes its unique perspectives foster innovation and creativity, providing a competitive edge. Their commitment to inclusivity has made them a trusted partner for many organizations that value women and minority-owned businesses. Recently, Heveron & Company was honored as the top-ranked Small Company in the 2024 Best Companies to Work for in New York program, showcasing their dedication to both clients and employees.
You can read the full article here
Heveron & Company CPAs is grateful to share our designation as the #1 Small Company in the 'Best Companies to Work for in New York 2024'
Heveron & Company CPAs is grateful to share our designation as the #1 Small Company in the ‘Best Companies to Work for in New York 2024’
Awarded by the New York State Council of the Society for Human Resource Management and the Best Companies Group, our recognition is based on our dedication to creating a work environment that prioritizes flexibility, benefits, and employee satisfaction.
Our achievement was revealed in a suspenseful countdown at the Albany awards dinner, underscoring our continued commitment to our staff and clients. We extend heartfelt thanks to our team for making our firm a leader in the industry.
Photos of the Rochester Business Journal ‘Best Place to Work’ event, taken by Brian Jones, on behalf of
Best Frame Forward.
Stephanie Annunziata, a partner at Heveron & Company CPAs, has been in her role for 24 years
You can read the full article here
HEVERON & COMPANY CPAs CELEBRATES 50 YEAR MILESTONE
Heveron & Company CPAs opened their doors in early 1972. The four current partners include: Stephanie L.
Annunziata, CPA; Michael D. Desmond, CPA; Jeanne Beutner CPA; and Dan O’Dea, CPA, and the leadership team includes Brenda Smith, CPA, Kimberly Emilo, CPA, and the semi-retired John Heveron Jr CPA. The firm boasts a current staff of 22.
Serving hundreds of clients throughout Upstate, NY the firm is a certified women-owned business and New York State Department of Education licensed provider of continuing education for CPAs. They are also members of the New York State Society of CPAs, and the AICPA itself as well as its Governmental Audit Quality Center and Employee Benefit Plan Audit Quality Center.
Based in the Corn Hill neighborhood of Rochester, Heveron & Company CPAs is dedicated to helping clients not only achieve their goals, but also to avoid pitfalls by providing guidance and assistance with compliance, proper policies and controls, and with a variety of services including preparation of annual filings, personal and business taxes, audits, compliance audits, reviews and compilations.
The firm works with individuals and small businesses as well as non-profits and affordable housing/real estate companies. Their extensive experience with non-profits, in particular, positions them as leaders in this segment who develop and present regular training programs, and help the nonprofit community with training, newsletters, and other resources.
“We are proud of this long history accompanied by continuous innovation and client focus,” said John Heveron Jr. Stephanie Annunziata added, “We will build on this strong heritage as we adopt new technologies, adapt to
changing times, and identify additional ways to serve our clients with care, competence, and common sense.
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