Richmond CPA Firm for S-Corps & Small Businesses
With 18+ years of experience helping business owners across the country, I bring specialized expertise to Richmond’s Education (EKU), Manufacturing, Healthcare economy. Whether you’re managing University-dependent businesses managing seasonal enrollment cycles and student housing property accounting or capitalizing on Eastern Kentucky University and Blue Grass Army Depot driving stable employment and service business demand, SDO CPA provides the virtual accounting support your business needs.
We offer cloud-based tax preparation, bookkeeping, payroll, and fractional CFO services designed for Richmond business owners who want proactive guidance — not just annual tax filing.
Key Takeaways: Richmond 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 Education (EKU), Manufacturing, Healthcare
- 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 Richmond, KY
Richmond sits in the heart of Kentucky’s Bluegrass Region, anchored by Eastern Kentucky University with 14,000+ students and 2,000+ employees that drive the local economy. The university’s presence supports hundreds of restaurants, retail shops, and service businesses along the Eastern Bypass commercial corridor and the downtown Main Street district. Student housing operators manage hundreds of rental units requiring property accounting, depreciation tracking, and lease management. The Blue Grass Army Depot southeast of the city adds federal employment and defense contractor activity. Along the I-75 corridor, Sherwin-Williams, Okonite, and other manufacturers operate production facilities that employ thousands of workers and require manufacturing cost accounting and inventory management. Baptist Health Richmond and its affiliated medical practices serve as the regional healthcare hub for Madison County’s 95,000+ residents. SDO CPA works with Richmond business owners across education services, manufacturing, and healthcare to manage student housing rental property accounting, optimize manufacturing cost structures, and structure S-Corp entities under Kentucky’s flat 4.0% income tax. For property investors and student-focused businesses, we provide monthly bookkeeping that tracks seasonal revenue patterns and capital improvement depreciation.
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 Richmond 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 Richmond businesses.
S-Corp Tax Services
Reasonable compensation analysis, QBI optimization, and S-Corp election guidance for Richmond business owners.
Common Challenges for Richmond Business Owners
Challenge
Richmond businesses often face University-dependent businesses managing seasonal enrollment cycles and student housing property accounting, 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 Richmond’s business environment, helping you handle University-dependent businesses managing seasonal enrollment cycles and student housing property accounting with confidence.
Challenge
Many Richmond 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 Richmond 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 organized our Richmond student housing portfolio accounting across 22 properties and saved us $28,000 through proper depreciation and entity structuring. Their monthly reports are invaluable.”— Angela S., Student housing investment company owner in Richmond
How to Get Started With SDO CPA
Schedule Your Free Consultation
Book a call to discuss your Richmond 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 Richmond 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 Richmond 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 Richmond 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 Richmond Business Owners
Also Serving Central Kentucky/Bluegrass
SDO CPA provides virtual CPA services to businesses throughout Central Kentucky/Bluegrass and Kentucky.
Ready to Work With a CPA Who Understands Richmond Businesses?
Schedule your free consultation today. We’ll analyze your tax situation and provide an upfront estimate with no obligation.
Schedule a Call