Business Details
50+ Years
experience
Trusted Accounting & Tax Services in Coraopolis, PA
Since 1973, Brown & Abbott has been delivering comprehensive accounting and tax services to individuals and businesses. Founded as a proprietorship and incorporated in 2002, our firm combines decades of hands-on experience with a commitment to integrity, independence, and client-centric solutions. Our team specializes in financial statement preparation, tax planning, audits, and strategic business advisory, leveraging expertise in QuickBooks and Peachtree software to streamline accounting processes. With a legacy of service to organizations like the Pittsburgh Airport Area Chamber of Commerce and Western Area Y.M.C.A., we prioritize transparency, ethical standards, and personalized attention. Our work extends to business valuations, loan applications, and IRS representation, ensuring clients receive actionable insights tailored to their unique needs.Recognized by long-term clients such as Storage Technologies International and G&K Bakery, we strive to be a trusted partner in financial decision-making. Our leadership, including Robert G. Brown and Kathleen A. Abbott, brings deep industry knowledge through published articles and decades of client support. We focus on empowering clients through accurate reporting, proactive tax strategies, and financial planning that aligns with evolving business landscapes. By maintaining continuous education on tax regulations and technological advancements, we ensure our services remain relevant and impactful. Our goal is to simplify complex financial challenges, fostering growth and stability for clients across diverse industries.
Services
Financial Statements
Tax Planning
Business Valuation
IRS Representation
Accounting Systems
Details
- Year established: 1973
Highlights and features
- We offer 50+ years of combined experience in accounting and tax advisory.
- Our team includes certified public accountants with deep local expertise.
- We provide personalized solutions for business valuation and financial planning.
- Our firm specializes in IRS audit representation and tax dispute resolution.
- We deliver tailored accounting system designs using QuickBooks and Peachtree.
What people say
Honest, dependable advice
Seasoned IRS expertise
Integral management team
Sound financial guidance
Efficient accounting systems
Services
Financial Statement Preparation
We prepare accurate financial statements, including balance sheets and income statements, to reflect business performance. Our services support regulatory compliance and informed decision-making. Clients gain clarity on financial health for strategic planning.
Tax Planning
Our tax planning identifies deductions, credits, and structuring opportunities to minimize liabilities. We stay updated on evolving regulations to ensure compliance while maximizing savings for individuals and businesses.
IRS Representation
We represent clients during IRS audits and collection actions. Our expertise in tax law helps negotiate settlements, reduce penalties, and resolve disputes efficiently to protect client interests.
Business Valuation
We determine business valuations using market, income, and asset approaches. These assessments assist with sales, mergers, financing, and legal matters, providing credible, defensible valuations for stakeholders.
Accounting System Design
We configure accounting systems using QuickBooks or Peachtree tailored to business needs. This streamlines financial tracking, improves reporting accuracy, and enhances operational efficiency across departments.
People
Robert G. Brown
President
Founder with decades of public accounting experience, Mr. Brown specializes in tax strategy and IRS representation. He contributes to industry publications and serves on multiple civic organizations.
Kathleen A. Abbott
Secretary/Treasurer
Certified Public Accountant since 1988, Ms. Abbott focuses on client accounting solutions, tax planning, and system design. She has supported businesses for over 40 years.
Questions
How do I structure my business for optimal tax benefits?
We analyze your financial goals to recommend structures like S-Corporations, LLCs, or partnerships that minimize tax liability while aligning with business objectives.
What factors determine my business's valuation?
Valuations consider financial performance, market position, asset value, and growth potential, using industry-specific methodologies to ensure accurate, defendable assessments.
Does my Pennsylvania nonprofit need audited financial statements?
Nonprofits with annual revenues over $750,000 or state funding may require audits; we help determine compliance needs and prepare certified financial reports.
How can I resolve an IRS bank levy?
We negotiate payment plans, offers in compromise, or levy releases by presenting financial documentation to the IRS and advocating for reduced penalties.
What alternatives exist to bankruptcy for struggling businesses?
Options include restructuring debt, negotiating with creditors, or implementing cost-cutting strategies while exploring new revenue streams to restore financial stability.
How should business buyers address tax implications?
We analyze asset vs. stock purchase implications, identify deductible expenses, and structure transactions to minimize future tax liabilities for buyers.
