Comprehensive Accounting & Tax Coordination
One CPA reviewing how every company, holding LLC and personal return interacts. Every service is delivered directly by me, Mark A. Colella, CPA.
Business & Individual Tax Preparation
Careful preparation of Form 1120-S (S-Corporations), Form 1065 (partnerships and LLCs) and Form 1040 (individual returns with complex Schedule C and E allocations). I handle federal and multi-state filings.
- Reconciliation of K-1s across all active and passive entities
- Multi-state nexus and apportionment analysis
- W-2 vs. distribution planning for S-Corps
Proactive, Year-Round Tax Planning
Tax planning shouldn't begin when it's time to prepare your return. I work with business owners year-round to evaluate opportunities, anticipate tax consequences, and make informed decisions before transactions occur or deadlines pass.
- Pass-through entity (PTE) tax strategies
- Cost segregation and accelerated depreciation planning
- Tax-efficient retirement and profit-sharing plan setup
Accounting & Financial Oversight
Accurate financial information is essential to making sound business and tax decisions. I work with your existing bookkeeper or accounting team to review financial results, address accounting issues, and ensure your records support effective tax planning.
For clients needing additional support, I also offer bookkeeping services as part of a tailored engagement.
- Consistent chart of accounts across sister companies
- Intercompany loan and transfer reconciliation
- Accrual vs. cash method evaluations
Multi-Entity Tax Coordination
When money flows between operating companies, real estate LLCs and family trusts, single decisions have ripple effects. I align all your entities so one move doesn't trigger an accidental liability.
- Management fee structures and economic substance
- Passive activity grouping elections (IRC Section 469)
- State tax planning and nexus management
Entity Structure & Tax Considerations
Whether you're launching a new business, acquiring another company, or reconsidering an existing structure, I help evaluate the accounting and tax implications of your options. This includes entity taxation, ownership arrangements, and, when appropriate, coordination with your legal advisors.
- LLC vs. S-Corp break-even analysis
- Holding company structure for intellectual property and real estate
- Tax impact of ownership percentages and buy-sell agreements
Ongoing Business & Tax Advice
Available all twelve months when major decisions come up: buying major assets, bringing in equity partners or preparing a business for sale.
- Timing of capital purchases (Section 179 and bonus depreciation)
- Merger, acquisition and recapitalization advice
- Succession planning and generational transfers
Tax Representation
Help responding to IRS and state notices and audits, handled directly by me. Tax resolution matters, such as offers in compromise or complex collection cases, are handled as separately scoped engagements.
- IRS and state notices
- Audit support
- Payment arrangements
Need multi-entity tax coordination?
Book a 45-minute consultation for $100. Tell me about your entities and questions, and I'll help you identify your priorities and next steps.