Frankfort CPA Firm for S-Corps & Small Businesses
With 18+ years of experience helping business owners across the country, I bring specialized expertise to Frankfort’s Government, Distilling/Bourbon, Professional Services economy. Whether you’re managing Bourbon barrel aging inventory accounting and excise tax compliance for distillery operations or capitalizing on State capital creating steady demand for lobbyists, consultants, and government-adjacent professional services, SDO CPA provides the virtual accounting support your business needs.
We offer cloud-based tax preparation, bookkeeping, payroll, and fractional CFO services designed for Frankfort business owners who want proactive guidance — not just annual tax filing.
Key Takeaways: Frankfort 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; Louisville’s 2.2% occupational license tax stacks on top planning and multi-state compliance
- Industry focus — Specialized experience with Government, Distilling/Bourbon, 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 Frankfort, KY
Frankfort is Kentucky’s capital city, where state government operations, bourbon distilling, and professional services create a distinctive business environment in the Kentucky River valley. State government agencies along Capitol Avenue and the Capitol Complex employ 10,000+ workers, driving demand for lobbying firms, government affairs consultancies, law offices, and IT service providers throughout the downtown business district. Buffalo Trace Distillery, one of the world’s most acclaimed bourbon producers, operates its historic campus along the Kentucky River, while Castle & Key Distillery and numerous craft spirits operations contribute to the Bluegrass Bourbon Trail tourism economy. Bourbon production creates unique accounting challenges — barrel aging inventory that sits for years, excise tax compliance, TTB (Alcohol and Tobacco Tax and Trade Bureau) reporting, and the Kentucky barrel tax on aging whiskey. Frankfort Regional Medical Center and its affiliated providers anchor the healthcare sector. Along the U.S. 127 commercial corridor, restaurants, hotels, and retailers serve government workers, bourbon tourists, and Kentucky State University’s campus community. SDO CPA works with Frankfort business owners across government consulting, bourbon production, and professional services to manage long-term barrel inventory accounting, structure entities for excise tax efficiency, and optimize S-Corp compensation under Kentucky’s flat 4.0% income tax. For distillers and craft spirits operators, we provide bookkeeping that tracks barrel aging costs, production expenses, and federal excise tax obligations.
Kentucky Tax Planning Tip
Kentucky’s flat 4.0% income tax applies to all pass-through entity income. Louisville businesses also face a 2.2% occupational license tax — this stacks on top of state and federal taxes. S-Corp owners in Louisville metro effectively pay 6.2% in combined state/local income tax, making entity structuring and reasonable compensation analysis critical for minimizing total tax burden.
CPA Services for Frankfort 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 Frankfort businesses.
S-Corp Tax Services
Reasonable compensation analysis, QBI optimization, and S-Corp election guidance for Frankfort business owners.
Common Challenges for Frankfort Business Owners
Challenge
Frankfort businesses often face Bourbon barrel aging inventory accounting and excise tax compliance for distillery operations, 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 Frankfort’s business environment, helping you handle Bourbon barrel aging inventory accounting and excise tax compliance for distillery operations with confidence.
Challenge
Many Frankfort 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 Frankfort 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 set up our Frankfort craft distillery’s barrel inventory accounting and saved us $37,000 through proper production cost allocation and excise tax planning. Their bourbon industry knowledge is hard to find.”— Nathan R., Craft distillery owner in Frankfort
How to Get Started With SDO CPA
Schedule Your Free Consultation
Book a call to discuss your Frankfort 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 Frankfort Business Owners Choose SDO CPA
Kentucky Tax Expertise
We understand Kentucky has a flat 4.0% income tax; Louisville’s 2.2% occupational license tax stacks on top and help Frankfort 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 Frankfort 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 Frankfort Business Owners
Also Serving Central Kentucky/Capital Region
SDO CPA provides virtual CPA services to businesses throughout Central Kentucky/Capital Region and Kentucky.
Ready to Work With a CPA Who Understands Frankfort Businesses?
Schedule your free consultation today. We’ll analyze your tax situation and provide an upfront estimate with no obligation.
Schedule a Call