Federal Way CPA Firm for S-Corps & Small Businesses

Looking for a CPA in Federal Way? SDO CPA provides virtual tax preparation, bookkeeping, payroll, and fractional CFO services to Federal Way 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 Federal Way 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 Federal Way’s Retail, Healthcare, Professional Services economy. Whether you’re managing Small business owners managing multiple revenue streams across retail storefronts and online sales with different B&O classifications or capitalizing on Affordable commercial corridors between Seattle and Tacoma attracting service businesses and healthcare providers, SDO CPA provides the virtual accounting support your business needs.

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

Key Takeaways: Federal Way CPA Services

  • Virtual CPA services — Full tax, bookkeeping, and advisory support without geographic limitations
  • Washington tax expertise — Washington has no state income tax, but B&O tax on gross receipts applies to most businesses planning and multi-state compliance
  • Industry focus — Specialized experience with Retail, Healthcare, Professional Services
  • 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 Federal Way, WA

Federal Way sits along the I-5 corridor midway between Seattle and Tacoma, with The Commons at Federal Way and the Pacific Highway South corridor forming the city’s primary commercial districts. The city’s strategic position gives business owners access to customers across the entire south Puget Sound, from SeaTac to Joint Base Lewis-McChord. St. Francis Hospital and Virginia Mason Franciscan Health facilities anchor the local healthcare sector, supporting dozens of specialty clinics, dental offices, and home health agencies throughout the community. Federal Way’s retail landscape includes franchise operations, independent restaurants, auto services, and personal care businesses along the 320th Street and 348th Street corridors. Many Federal Way business owners operate hybrid models, combining physical storefronts with online sales channels that trigger different B&O tax classifications and multi-state sales tax obligations. Professional service firms including insurance agencies, real estate brokerages, and accounting practices have established offices near Celebration Park and the downtown core, drawn by commercial lease rates well below Seattle and Bellevue. SDO CPA works with Federal Way business owners in retail, healthcare, and professional services to manage B&O tax compliance, optimize S-Corp structures for practice owners, and provide monthly bookkeeping that separates in-store and e-commerce revenue streams. We help franchise operators with multi-unit financial reporting, assist healthcare providers with compensation structuring, and analyze profitability for service businesses balancing online and in-person operations.

Washington Tax Planning Tip

Washington has no state income tax, but the B&O (Business & Occupation) tax applies to gross receipts at rates varying by classification: 1.5% for service businesses, 0.471% for manufacturing, and 0.484% for retailing. Many Seattle businesses overpay because they file under the wrong classification or miss available credits. Proper classification review can reduce your B&O liability significantly.

Federal Way is home to 4,700+ small businesses and a population of 99,232. From Retail, Healthcare, Professional Services to professional services, Federal Way business owners need CPAs who understand Small business owners managing multiple revenue streams across retail storefronts and online sales with different B&O classifications and can provide year-round tax planning — not just compliance.

CPA Services for Federal Way Businesses

Common Challenges for Federal Way Business Owners

Challenge

Federal Way businesses often face Small business owners managing multiple revenue streams across retail storefronts and online sales with different B&O classifications, making tax planning and cash flow management more complex than standard approaches allow.

Our Approach

We provide proactive tax planning and fractional CFO services tailored to Federal Way’s business environment, helping you handle Small business owners managing multiple revenue streams across retail storefronts and online sales with different B&O classifications with confidence.

Challenge

Many Federal Way 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 Federal Way 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.

“We run three franchise locations along Pacific Highway in Federal Way and needed consolidated financial reporting. SDO CPA set up our multi-unit bookkeeping and found $36,000 in missed deductions across our locations during the first tax year.”
— David C., Multi-unit franchise owner in Federal Way

How to Get Started With SDO CPA

1

Schedule Your Free Consultation

Book a call to discuss your Federal Way 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 Federal Way Business Owners Choose SDO CPA

Washington Tax Expertise

We understand Washington has no state income tax, but B&O tax on gross receipts applies to most businesses and help Federal Way businesses maximize 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 Federal Way 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 Federal Way?
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 Federal Way business?
Yes. CPAs can prepare tax returns and provide accounting services for clients in any state. SDO CPA serves Federal Way businesses through secure cloud-based tools including QuickBooks Online, Gusto, and encrypted document sharing with the same quality as a local firm.
Do you specialize in Retail businesses?
Yes. Federal Way’s Retail sector has unique accounting needs including industry-specific deductions, revenue recognition, and compliance requirements that we address with tailored solutions.
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 Federal Way businesses?
Yes. Our fractional CFO services provide cash flow forecasting, budgeting, financial modeling, and strategic planning for Federal Way businesses generating $500K+ in revenue that need financial leadership without a full-time hire.
Should my Federal Way 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 Federal Way business during your free consultation. Learn about our bookkeeping services.

Resources for Federal Way Business Owners

Also Serving South King County/Puget Sound

SDO CPA provides virtual CPA services to businesses throughout South King County/Puget Sound and Washington.

Ready to Work With a CPA Who Understands Federal Way 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 Washington under CPA practice mobility provisions. We do not maintain a physical office in Washington — all services are delivered remotely via secure video, phone, and digital collaboration tools. SDO CPA does not hold a CPA license in Washington. 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).