Covington CPA Firm for S-Corps & Small Businesses

Looking for a CPA in Covington? SDO CPA provides virtual tax preparation, bookkeeping, payroll, and fractional CFO services to Covington businesses specializing in S-Corps and partnerships. We provide upfront estimates — if scope changes, we discuss it first. Schedule a free consultation.
Serena Do, CPA — Managing Partner of SDO CPA

Serena Do, CPA

Managing Partner | Duncanville, TX (Serving Covington Virtually)

18+ Years Experience | AICPA Member

Licensed CPA — Texas State Board of Public Accountancy

With 18+ years of experience helping business owners across the country, I bring specialized expertise to Covington’s Professional Services, Logistics, Hospitality economy. Whether you’re navigating Kentucky/Ohio border multi-state tax complexity or capitalizing on Covington’s Kentucky tax advantages with direct Cincinnati market access, SDO CPA provides the virtual accounting support your business needs.

We offer cloud-based tax preparation, bookkeeping, payroll, and fractional CFO services designed for Covington business owners who want proactive guidance — not just annual tax filing.

Key Takeaways: Covington CPA Services

  • Virtual CPA services — Full tax, bookkeeping, and advisory support without geographic limitations
  • Kentucky tax expertise — Kentucky has a flat 4.0% income tax; Covington businesses benefit from lower rates than Ohio while serving the Cincinnati metro
  • Industry focus — Specialized experience with Professional Services, Logistics, Hospitality
  • Transparent pricing — Upfront estimates starting at $300/month; if scope changes, we discuss it first
  • Responsive support — Direct CPA access, same-day responses

Accounting & Tax Services in Covington, KY

Covington sits at a strategic crossroads where Kentucky’s favorable tax environment meets Cincinnati’s Fortune 500 economy. As Northern Kentucky’s largest city and a direct neighbor to downtown Cincinnati across the Ohio River, Covington offers businesses the best of both worlds: Kentucky’s flat 4.0% income tax and direct access to Ohio’s corporate market. Fidelity Investments employs over 4,500 people in Covington, and the revitalized MainStrasse Village and RiverCenter districts have attracted a wave of professional services firms, restaurants, and hospitality businesses.

The CVG Airport corridor, just 15 minutes south, hosts Amazon Prime Air’s primary U.S. hub and DHL’s Americas headquarters, creating a logistics ecosystem that supports thousands of regional businesses. St. Elizabeth Healthcare anchors the medical sector with 7,000+ employees across Northern Kentucky. For businesses operating on both sides of the river, Kentucky/Ohio multi-state tax planning is essential. Kentucky’s flat 4.0% rate versus Ohio’s graduated rates (up to 3.99%) plus municipal income taxes creates opportunities that demand careful entity structuring.

SDO CPA works with Covington business owners in professional services, logistics, and hospitality to structure entities for cross-border efficiency, manage multi-state payroll for Kentucky and Ohio employees, and capitalize on Kentucky’s favorable tax treatment. Whether you’re a consulting firm serving Cincinnati clients or a logistics operator near CVG, we provide monthly bookkeeping and fractional CFO services scaled to your growth stage.

Kentucky Tax Planning Tip

Kentucky’s flat 4.0% income tax gives Covington businesses a significant advantage over Ohio’s graduated rates plus municipal income taxes. S-Corp owners operating across the Kentucky/Ohio border should evaluate entity location strategies to maximize the Kentucky benefit. Kentucky’s pass-through entity tax election can also help bypass the federal SALT cap for owners with $200K+ in Kentucky-source income, potentially saving $3,000-$10,000 annually.

Covington is home to 3,500+ small businesses and a population of 40,956. From Professional Services, Logistics, Hospitality to professional services, Covington business owners need CPAs who understand Kentucky/Ohio border multi-state tax complexity and can provide year-round tax planning — not just compliance.

CPA Services for Covington Businesses

Common Challenges for Covington Business Owners

Challenge

Covington businesses serving the Cincinnati metro face Kentucky/Ohio multi-state tax complexity, with different rates, withholding rules, and municipal taxes on each side of the river.

Our Approach

We provide proactive multi-state tax planning tailored to the Kentucky/Ohio border, helping you structure operations to maximize Kentucky’s lower tax rates while efficiently serving Ohio clients.

Challenge

Many Covington business owners struggle to get timely responses from their CPA, especially during busy seasons when questions are most urgent.

Our Approach

SDO CPA provides direct access to your CPA team with same-day response times. No call centers, no waiting weeks for answers.

Challenge

Tax preparation alone doesn’t help Covington business owners understand their financial position or make informed decisions throughout the year.

Our Approach

We deliver monthly financial reports with actionable insights, helping you understand cash flow, profitability, and tax liability before year-end.

“SDO CPA helped our Covington consulting firm structure operations to take advantage of Kentucky’s lower tax rates while we serve Cincinnati clients. We saved $8,200 in our first year.”
— Rachel P., Professional services firm owner in Covington

How to Get Started With SDO CPA

1

Schedule Your Free Consultation

Book a call to discuss your Covington business, current financial setup, and goals.

2

Get Your Custom Proposal

Receive a clear proposal with upfront estimates — if scope changes, we discuss it first.

3

Seamless Onboarding

We connect to your QuickBooks or Xero and organize your books within 30 days.

4

Ongoing Partnership

Monthly reports, proactive tax planning, and year-round CPA access.

Why Covington Business Owners Choose SDO CPA

Kentucky Tax Expertise

We understand Kentucky has a flat 4.0% income tax and help Covington businesses maximize cross-border tax advantages while managing federal obligations and multi-state complexity.

Transparent Pricing

Clear monthly estimates for standard services. We scope your needs upfront and communicate before any additional work. See our pricing.

Cloud-Based & Virtual

Access your financials anywhere. We work with QuickBooks Online, Xero, Gusto, and Ramp to keep your Covington business running smoothly.

S-Corp & Partnership Specialists

Our clients are pass-through entity owners. We handle reasonable compensation analysis, K-1 preparation, QBI optimization, and entity selection.

Responsive Communication

Get answers when you need them. Our team responds within one business day, and you’ll have direct access to your CPA.

Frequently Asked Questions

How much does a CPA cost for a small business in Covington?
At SDO CPA, bookkeeping starts at $300-$500 per month for a single entity. Full-service packages including bookkeeping, tax planning, and advisory range from $1,000-$2,000 per month with upfront estimates — if scope changes, we discuss it first. View our pricing.
Can a virtual CPA serve my Covington business?
Yes. CPAs can prepare tax returns and provide accounting services for clients in any state. SDO CPA serves Covington businesses through secure cloud-based tools including QuickBooks Online, Gusto, and encrypted document sharing with the same quality as a local firm.
Do you handle Kentucky/Ohio multi-state tax issues?
Yes. The Kentucky/Ohio border creates unique planning opportunities. We help Covington businesses structure operations to maximize Kentucky’s lower tax rates while managing Ohio withholding, municipal taxes, and multi-state payroll for employees on both sides of the river.
What is the difference between a bookkeeper and a CPA?
A bookkeeper records transactions and maintains financial records. A CPA is a state-licensed professional who can prepare and sign tax returns, provide tax planning advice, represent you before the IRS, and offer strategic financial guidance that bookkeepers cannot.
Do you offer fractional CFO services for Covington businesses?
Yes. Our fractional CFO services provide cash flow forecasting, budgeting, financial modeling, and strategic planning for Covington businesses generating $500K+ in revenue that need financial leadership without a full-time hire.
Should my Covington business be an S-Corp or LLC?
It depends on your net income. Generally, businesses earning over $60,000 in net profit may save on self-employment taxes by electing S-Corp status. Use our S-Corp tax calculator to estimate savings, then schedule a consultation for personalized analysis.
How quickly does SDO CPA respond to questions?
We respond to all client inquiries within one business day. For urgent tax matters, we prioritize same-day responses. You’ll have direct access to your CPA — no call centers or gatekeepers.
What accounting software do you work with?
We work with QuickBooks Online, Xero, Gusto for payroll, and Ramp for expense management. We’ll recommend the best setup for your Covington business during your free consultation. Learn about our bookkeeping services.

Resources for Covington Business Owners

Also Serving Kentucky

SDO CPA provides virtual CPA services to businesses throughout Northern Kentucky and the state.

Ready to Work With a CPA Who Understands Covington Businesses?

Schedule your free consultation today. We’ll analyze your tax situation and provide an upfront estimate with no obligation.

Schedule a Call
Licensing & Service Disclaimer: SDO CPA LLC is a Texas-licensed CPA firm serving clients in Kentucky under CPA practice mobility provisions. We do not maintain a physical office in Kentucky — all services are delivered remotely via secure video, phone, and digital collaboration tools. SDO CPA does not hold a CPA license in Kentucky. Services requiring CPA licensure are performed by Texas-licensed CPAs. We do not provide attest services (audits, reviews, or compilations). Per Texas State Board of Public Accountancy regulations (22 TAC §501.82).