Owensboro CPA Firm for S-Corps & Small Businesses
With 18+ years of experience helping business owners across the country, I bring specialized expertise to Owensboro’s Manufacturing, Healthcare, Agriculture economy. Whether you’re navigating Kentucky’s flat 4.0% income tax with manufacturing equipment depreciation complexity or capitalizing on Owensboro’s 25%+ lower cost of living than the national average, SDO CPA provides the virtual accounting support your business needs.
We offer cloud-based tax preparation, bookkeeping, payroll, and fractional CFO services designed for Owensboro business owners who want proactive guidance — not just annual tax filing.
Key Takeaways: Owensboro 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 with manufacturing incentives and equipment depreciation strategies
- Industry focus — Specialized experience with Manufacturing, Healthcare, Agriculture
- 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 Owensboro, KY
Owensboro anchors Western Kentucky’s regional economy, where aluminum and metals manufacturing, healthcare, and agriculture converge along the Ohio River. The city’s industrial base includes major aluminum processing operations and a network of steel fabricators, while Owensboro Health employs over 5,000 people as the region’s dominant healthcare system. US Bank Home Mortgage maintains a significant processing center, and the revitalized downtown riverfront has attracted new investment in hospitality and professional services.
As the third-largest metro in Kentucky with roughly 60,000 residents, Owensboro serves as the commercial hub for a multi-county Western Kentucky region and parts of Southern Indiana. The cost of living runs 25%+ below the national average, giving manufacturers and service businesses a competitive edge on labor and real estate. Kentucky’s flat 4.0% income tax provides additional advantages, and the state’s manufacturing incentive programs offer credits for job creation, equipment investment, and workforce training.
SDO CPA works with Owensboro business owners in manufacturing, healthcare, and agriculture to structure entities, maximize Section 179 and bonus depreciation on equipment purchases, and manage Kentucky/Indiana cross-border tax obligations for businesses serving the Evansville metro. Whether you’re an aluminum fabricator along Industrial Drive or a physician practice affiliated with Owensboro Health, we provide monthly bookkeeping and fractional CFO services scaled to your growth stage.
Kentucky Tax Planning Tip
Kentucky’s flat 4.0% income tax applies to all pass-through entity income, and Owensboro manufacturers should evaluate the Kentucky Industrial Development Act (KIDA) incentives for job creation and equipment investment. The pass-through entity tax election can help bypass the federal SALT cap for owners with $200K+ in Kentucky-source income. Businesses operating across the Indiana border should also plan for Indiana’s 3.15% flat rate plus county-level taxes.
CPA Services for Owensboro 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 Owensboro businesses.
S-Corp Tax Services
Reasonable compensation analysis, QBI optimization, and S-Corp election guidance for Owensboro business owners.
Common Challenges for Owensboro Business Owners
Challenge
Owensboro manufacturers face complex equipment depreciation decisions, Kentucky/Indiana cross-border tax issues, and the need for accurate job costing across production lines.
Our Approach
We provide proactive tax planning tailored to Western Kentucky’s manufacturing economy, helping you maximize Section 179 deductions, manage multi-state compliance, and implement production cost tracking.
Challenge
Many Owensboro 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 Owensboro 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 Owensboro metals fabrication shop save $9,500 through proper Section 179 elections and bonus depreciation timing on new CNC equipment purchases.”— Mark D., Metals fabrication shop owner in Owensboro
How to Get Started With SDO CPA
Schedule Your Free Consultation
Book a call to discuss your Owensboro 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 Owensboro Business Owners Choose SDO CPA
Kentucky Tax Expertise
We understand Kentucky has a flat 4.0% income tax with manufacturing incentives and help Owensboro 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 Owensboro 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 Owensboro Business Owners
Also Serving Kentucky
SDO CPA provides virtual CPA services to businesses throughout Western Kentucky and the state.
Ready to Work With a CPA Who Understands Owensboro Businesses?
Schedule your free consultation today. We’ll analyze your tax situation and provide an upfront estimate with no obligation.
Schedule a Call