We are a CPA firm that has been serving the greater Philadelphia area since 1997. We provide full service accounting; tax and payroll needs to small businesses as well as individual and business income tax return preparation. We offer business accounting packages that can help you eliminate the late night accounting paperwork and anxiety as tax time approaches.
We provide the tools and guidance to make those business decisions swiftly and confidently by providing you with monthly financial statements and are always available to answer those questions that arise randomly. Our individual and business tax services will also alleviate the stress that always accompanies tax time whether it be how to handle a changing situation or a changing tax law.
We provide the tools and guidance to make those business decisions swiftly and confidently by providing you with monthly financial statements and are always available to answer those questions that arise randomly. Our individual and business tax services will also alleviate the stress that always accompanies tax time whether it be how to handle a changing situation or a changing tax law.
Services
Coladonato, CPA has been assisting businesses throughout the greater Philadelphia area since 1997. Our primary focus is helping business owners improve profits and cash flow, decrease taxes and simply saving time with their accounting and bookkeeping so they use their time more wisely to run their business and enjoy doing things they love to do!
Coladonato, CPA provides services that allow individuals and business owners to know that their accounting needs are being handled timely and professionally. Our four specialty services that we offer are monthly business accounting service, tax planning and preparation, strategic planning and consulting and payroll services.
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 (2)
Cherylann Mann
Dec 15, 2021
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We have worked with Coladonato, CPA for several years now. They handle the finances for our small businesses, as well as our personal finances. They are absolute experts that understand the intricacies of small business finances. They are a family owned business and it shows in the level of care, service, and dedication. The level of service, especially in this fast-pasted world, is absolutely outstanding. They are ALWAYS available by phone or email to answer the smallest of questions. They help us to stay organized and 100% informed in all of our financial decisions. They understand tax law and
Altscapes Construction Company
Aug 17, 2021
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We cannot recommend Coladonato, CPA enough! Tony, Pam, and their entire team have been amazing in helping our business get off the ground floor. Their friendly and efficient service has allowed us to focus on our customers, but more importantly, they are always willing to answer our financial questions and help us find a solution that meets our own business goals. If you're a small company that wants to grow, these are the folks for you!
