Covington CPA Firm for S-Corps & Small Businesses
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.
CPA Services for Covington Businesses
Business Tax Preparation
Federal and Kentucky business tax returns for LLCs, S-Corps, partnerships, and sole proprietors.
Bookkeeping & Accounting
Monthly bookkeeping, bank reconciliation, and financial statements using QuickBooks or Xero.
Payroll Services
Full-service payroll processing, tax deposits, and quarterly filings through Gusto integration.
Tax Planning & Strategy
Proactive tax planning to minimize liability through entity selection, retirement contributions, and timing strategies.
Fractional CFO
Cash flow forecasting, budgeting, and financial strategy for growing Covington businesses.
S-Corp Tax Services
Reasonable compensation analysis, QBI optimization, and S-Corp election guidance for Covington business owners.
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
Schedule Your Free Consultation
Book a call to discuss your Covington business, current financial setup, and goals.
Get Your Custom Proposal
Receive a clear proposal with upfront estimates — if scope changes, we discuss it first.
Seamless Onboarding
We connect to your QuickBooks or Xero and organize your books within 30 days.
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
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