Business Accounting Advisory Services

The Administrative/Essential package is for business clients that are looking for a standard tax preparation package.  This solution offers the tax expertise, typically found in larger companies, at a fraction of the cost.  

Package includes:

Tax preparation (Business only)

(1065, 1120, 1120S, Schedule C)

Document Portal Access

Tax Return upload to Portal

Paperless workflow

Email support   

The professional package offers the next level of service to companies and firms that do not choose to completely outsource their accounting function.

Package includes:

Administrative package +

Monthly Bookkeeping review

Reconciliation of Bank statements

Payroll Services Available

Online Access to Pay Stubs

Direct Deposit

Phone Support (48 hour response)

QuickBooks Online Subscription

QB Training/ Support (1 hr  per month)

Receipt Bank Account for Receipt Tracking

For clients that need a higher level of service and a more robust plan, we offer the Executive/ Premium Package. This allows our clients to outsource essential functions of their accounting department to our team. We handle the day-to-day accounting & bookkeeping, along with tax preparation and a monthly Controller review of the books.

Package includes:  

Professional Package +

Monthly Bookkeeping by firm

Monthly Controller review of books

Dedicated email for questions

24 Hour phone/email response

2 Strategy/Planning sessions

The experienced professionals at Karen Collom, CPA, assists our clients with all aspects of tax planning and compliance so that our clients understand all tax implications before they make important business decisions.

We thoroughly review our clients’ business structure and financial position so that we can develop a fully customized tax strategy, aimed at saving them money and making their business more profitable.

Our business tax planning and compliance services include:

Tax planning

Cost Segregation

Inventory and Tax Accounting Methods Assessment

Mergers, Acquisitions and Reorganization

Tax Preparation for Privately-held Companies

Multi-state, State and Local Taxes

IRS Audit Representation

Tax Credits and Incentives

Tax regulations and requirements are complicated, and it seems that each tax year brings new changes. Trying to navigate through all the details can be a difficult task for any business owner. 

Our team eases our clients’ tax burden and helps minimize their tax liability while deferring expenses and income that can reduce a business’ tax liability and allow them to pay less in taxes

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Our team offers tax preparation services for:  

Sole Proprietors (Self Employed)

General Partnerships (1065)

Limited Liability Companies (LLC)

S Corporations (1120S)

C Corporations (1120)

Non-Profit Entities (990)

Karen Collom, CPA, provides small business tax preparation and consulting services to entrepreneurs, coaching new business owners as they journey through the first two years of their company’s evolution.  In addition to establishing accounting practices and setting up the new business with the appropriate software, our team provides guidance with entity selection and structure.

Once an entity structure is chosen, we assist the new business owner with a thorough accounting review of a new company book that was created when the entity is formed.  

We support our business clients with consulting, payroll, Quickbooks* ® training and contract CFO Services.  Using cloud-based services, we work with our clients to create a Quickbooks* account and train them in the software.