Our Tax & Accounting Services
Consulting CPA PLLC provides comprehensive professional services for individuals and businesses in Boca Raton and throughout South Florida. Explore our full range of tax, accounting, and business advisory services below.
Tax Preparation
Individual Tax Preparation
Federal and state income tax return preparation for individuals. Whether you have W-2 income, 1099 income, investment income, rental income, or are self-employed, we prepare accurate and complete tax returns and ensure all applicable deductions and credits are properly considered.
Business Tax Preparation
Annual tax return preparation for corporations, partnerships, LLCs, and small businesses. We handle the complexity of business tax filings and work with business owners to ensure accurate reporting of business income, deductions, and credits.
Corporate Tax Returns
Federal and state tax return preparation for C-corporations (Form 1120) and S-corporations (Form 1120-S), including review of corporate income, deductions, shareholder transactions, and applicable tax obligations.
Partnership & LLC Tax Returns
Tax return preparation for partnerships (Form 1065) and multi-member LLCs taxed as partnerships. We prepare the entity return and partner or member K-1 schedules reflecting each partner's share of income, deductions, and credits.
Estate & Trust Tax Preparation
Tax return preparation for estates (Form 1041) and trusts, ensuring compliance with applicable federal and state tax requirements. We assist executors, trustees, and beneficiaries in navigating the tax obligations associated with these entities.
Overdue & Unfiled Tax Returns
Assistance for individuals and businesses who have fallen behind on filing federal or state tax returns. Getting current on tax filings is often an important step in resolving tax problems and restoring good standing with tax authorities.
Tax Planning & Resolution
Tax Planning
Proactive tax planning for individuals and businesses. Rather than simply reacting to your tax situation at year-end, tax planning involves analyzing your circumstances throughout the year to identify strategies for managing your tax obligations. This may include projections, timing of income and deductions, and planning for significant transactions.
Tax Projections
Tax projections estimate your expected tax liability based on current-year income, deductions, and other relevant factors. Projections help individuals and business owners plan for estimated tax payments, understand the tax implications of financial decisions, and avoid unexpected tax bills.
Tax Resolution / Tax Controversy
Assistance when you are facing tax problems with the IRS or state tax authorities. We review your situation, evaluate available options, and help you navigate the resolution process. Depending on your circumstances and eligibility, options may include installment agreements, penalty abatement requests, offers in compromise, or other resolution approaches.
IRS Tax Problem Assistance
When you receive an IRS notice, face an audit, or have unpaid tax liabilities, professional guidance can be valuable. We review IRS notices, evaluate your tax account, and assist in communicating with the IRS regarding your situation. Every tax matter is evaluated individually based on the specific facts and applicable law.
State Tax Problem Assistance
Tax problems are not limited to the IRS. State tax authorities may also issue notices, assess taxes, or take collection actions. We assist with state tax issues including notices, back taxes, and related matters, working to address your situation in accordance with applicable state tax law.
Accounting & Business Services
Accounting Services
Bookkeeping support, financial record organization, income and expense tracking, and tax document preparation to help businesses maintain organized and accurate financial records. Well-maintained accounting records provide business owners with a clearer picture of their financial position and simplify tax preparation.
Entity Selection & Business Structure
The choice of business entity — sole proprietorship, partnership, LLC, S-corporation, or C-corporation — has significant tax implications. We analyze the tax considerations associated with different business structures to help business owners make informed decisions. Legal formation and other non-tax matters should be addressed with qualified legal counsel.
Business Consulting
Business decisions often have tax consequences. We provide tax-focused business consulting for matters including business purchases and sales, entering new lines of business, business restructuring, and related transactions. We coordinate with attorneys and other professionals when appropriate.
Tax Return Extensions
When additional time is needed to complete a tax return, we can assist with filing an extension request with the IRS and applicable state tax authorities. An extension provides additional time to file your return but does not extend the time to pay any taxes owed.
Have Questions About Our Services?
Contact Consulting CPA PLLC to discuss your specific tax, accounting, or business advisory needs.