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keenan.com

Investments

1

Portfolio Exits

1

Partners & Customers

1

About Keenan & Associates

Headquarters Location

2355 Crenshaw Boulevard

Torrance, California, 90501-3395,

United States

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Latest Keenan & Associates News

Last day at hand for tax return procrastinators

Apr 18, 2017

Jacob Tierney | Monday, April 17, 2017, 11:00 p.m. Dan Speicher | Tribune-Review Accountant Erin Rupert, works on finishing up her last three clients tax returns, as tax day looms near, inside her office at Delhi, Keenan and Associates Inc., in Greensburg, on Monday, April 17, 2017. Dan Speicher | Tribune-Review Accountant Erin Rupert, works on finishing up her last three clients tax returns, as tax day looms near, inside her office at Delhi, Keenan and Associates Inc., in Greensburg, on Monday, April 17, 2017. Dan Speicher | Tribune-Review Accountant Erin Rupert, works on finishing up her last three clients tax returns, as tax day looms near, inside her office at Delhi, Keenan and Associates Inc., in Greensburg, on Monday, April 17, 2017. Sign up for one of our email newsletters. Updated 1 hour ago Western Pennsylvania's tax preparers know what to expect every April. “They've all been hectic, and this year is no different,” said Dave Delisi, a partner at Greensburg accounting firm Delisi, Keenan & Associates. Tuesday is the federal tax deadline, and Delisi and other tax professionals have been burning the midnight oil, finishing tax returns for last-minute filers — 40 million of them. “It's a big, huge, chaotic mess,” said Dana Rudi, a 20-year tax accounting veteran who manages the Jackson Hewitt tax center in Hempfield. That's not unusual, Rudi said. And she's used to it. A tradition that has gone by the wayside is for some post offices to stay open late on Tax Day to service late filers. This year, all of Western Pennsylvania's post offices will stick to their regular hours, according to the postal service. Traditional “snail mail” has fallen out of favor for tax filers with the rise of the internet. The IRS received about 152.5 million tax returns last year, 87 percent of them filed electronically. Although the internet makes it easier for people to do their taxes, about 56 percent of people who filed electronically in 2016 got help from a tax professional, according to the IRS. Some tax preparers will accept walk-ins until the final hours. “We don't turn anybody down. We'll stay until midnight on the deadline to make sure we've got everybody out,” said Mary Jo Armstrong, owner of the Liberty Tax Services franchise in Natrona Heights. According to the IRS, 40 million taxpayers had yet to file their tax returns as of Thursday. The agency expects 12 million returns to be filed this week. Armstrong kept her business open on Easter to serve last-minute filers, and her door chimed every few minutes Monday as new clients stopped in. The day before the deadline is her busiest of the tax season. About 15 percent of her customers file their taxes in the final week, she said. Delisi's deadline is a bit less frantic, by design. He estimated that 5 percent to 10 percent of his clients file in the final week, in many cases because of extenuating circumstances rather than procrastination. The relatively low number is largely because his firm takes a proactive approach, he said. “We reach out to them throughout the season, trying to get them to bring things in,” he said. His firm won't file returns for last-minute walk-ins, although he will help them request an extension. “We want to do the returns correctly,” he said. Taxpayers got a few extra days to file this year. The traditional April 15 filing deadline was delayed because of the Easter holiday. “There were a lot of people who didn't even know that it was due tomorrow,” Rudi said. “They still thought it was due the 15th.” This meant tax preparers had a few extra days to work. “It kind of helps whenever the deadline is extended a little bit, because usually on the 14th we're just slammed, and (the extension) kind of spreads it out,” Armstrong said. Jacob Tierney is a Tribune-Review staff writer. Reach him at 724-836-6646 or jtierney@tribweb.com .

Keenan & Associates Investments

1 Investments

Keenan & Associates has made 1 investments. Their latest investment was in Benefit Point as part of their Series A on December 12, 1999.

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Keenan & Associates Investments Activity

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Keenan & Associates Portfolio Exits

1 Portfolio Exit

Keenan & Associates has 1 portfolio exit. Their latest portfolio exit was Benefit Point on September 08, 2006.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/8/2006

Acquired

$99M

Date

9/8/2006

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

Keenan & Associates Partners & Customers

1 Partners and customers

Keenan & Associates has 1 strategic partners and customers. Keenan & Associates recently partnered with AssuredPartners on March 3, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

3/9/2017

Partner

United States

Keenan & Associates Set to Join AssuredPartners, Inc.

TORRANCE , Calif. , March 9 , 2017 / PRNewswire / -- Keenan & Associates is proud to announce that it has entered into an agreement to join AssuredPartners , Inc. .

3

Date

3/9/2017

Type

Partner

Business Partner

Country

United States

News Snippet

Keenan & Associates Set to Join AssuredPartners, Inc.

TORRANCE , Calif. , March 9 , 2017 / PRNewswire / -- Keenan & Associates is proud to announce that it has entered into an agreement to join AssuredPartners , Inc. .

Sources

3

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