We provide income tax preparation and planning for over six hundred individuals and we prepare approximately two hundred other income tax returns for corporations, partnerships, exempt organizations, trusts and estates. We have various small to medium sized clients that include machine shops with large inventories, retail companies and contractors that we provide with various accounting services.
These services include quarterly and annual financial statements, payroll and sales tax returns, business property statements and other financial, tax and informational returns as requested. We also prepare compiled, reviewed and audited financial statements for over 20 churches and schools. Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals.
These services include quarterly and annual financial statements, payroll and sales tax returns, business property statements and other financial, tax and informational returns as requested. We also prepare compiled, reviewed and audited financial statements for over 20 churches and schools. Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals.
Services
McKinney & Company provides a wide range of services to individuals and businesses in a variety of industries. We strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At McKinney & Company, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
At McKinney & Company, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
McKinney & Company is a full-service accounting firm serving clients throughout the Bay Area, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs. We specialize in income tax preparation and accounting for small businesses.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
Reviews (3)
Bob Frey
Apr 13, 2021
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Tim and staff represented me in an IRS tax audit and with his cool demeanor, knowledge of the tax code and expert advice my audit concluded with no change to my tax return. I have referred several people to him as well and in each case he was able to perform at a high level for them at a reasonable price.
Angela Merchant
Nov 30, 2018
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This started out as a positive experience. I worked with a very nice lady Sue, who took my panicked call and helped me sort through a very bad tax situation I was in. I basically had to pay a ton of fees and penalties for a business that was never started. So this was already a huge financial burden. I had calls in to a few different CPAs in order to get this done as inexpensively as possible. I then asked Sue what the cost to file the return was. I was told $175, even though this was a pretty penny to pay, but I knew there would be cost involved. When I came to pick up my returns today, I was
Jennifer R.
Mar 15, 2018
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