Business Details
39 Years
experience
Trusted Tax & Financial Solutions for Business Owners
Ed Allen CPA has been providing expert tax and financial services to business owners across the nation since 1987. With over 30 years of experience, our firm specializes in tax compliance, financial planning, IRS representation, and cost segregation studies. Our founder, Ed Allen, began his career at Ernst & Young in 1990, where he developed a passion for helping entrepreneurs navigate complex tax challenges. We offer personalized service combined with deep industry expertise to ensure clients maximize savings while maintaining compliance. Our team stays ahead of evolving tax laws to provide timely, strategic advice tailored to each client's unique needs.We pride ourselves on clear communication, proactive planning, and delivering actionable solutions that drive business growth. Our cost segregation services leverage specialized engineering and tax knowledge to unlock significant depreciation benefits. Clients benefit from our national reputation, evidenced by invitations to speak at AICPA conferences and publications in leading industry journals. We measure success by our clients' ability to focus on their core business while we handle their financial and tax obligations. Our commitment to excellence has earned recognition as 'Best of the Best' by satisfied clients.
Services
Tax Services
Financial Services
IRS Representation
Cost Segregation
Payroll Services
Details
- Year established: 1987
Highlights and features
- 30+ years of experience in tax and financial services since 1987
- Specialized expertise in cost segregation and tax deferral strategies
- Personalized service tailored to business owners' unique needs
- Recognized national speaker and author on tax matters
- Proven track record helping clients avoid IRS penalties
What people say
Expertise unmatched
Great help
Best of the best
Services
Tax Services
We prepare federal and state income tax returns for businesses and individuals, including Forms 1120, 1065, and 1040. Our team provides ongoing tax planning to minimize liabilities while ensuring compliance with evolving regulations. Clients receive timely reminders about critical deadlines and strategic opportunities to reduce tax burdens through proactive planning.
Financial Services
Our financial services include monthly statement preparation, bank reconciliations, and detailed general ledger maintenance. We offer convenient pickup/drop-off of accounting records and provide analysis to help business owners make informed financial decisions. These services ensure accurate financial reporting and support strategic business management.
IRS Representation
We represent clients in IRS audits, collections, and penalty negotiations. Our expertise covers tax liens, levies, and wage garnishments. We help resolve unfiled returns, payroll tax issues, and interest abatements while protecting clients' rights throughout the process.
Cost Segregation
Our cost segregation studies identify assets qualifying for accelerated depreciation over 5, 7, or 15 years instead of 39 years. This service leverages IRS-approved methodologies to maximize tax savings through Section 179 deductions, bonus depreciation, and strategic asset classification.
Payroll Services
We handle payroll tax return preparation including Forms 941, 940, W-2s, and 1099s. Our services ensure accurate reporting and timely filing to prevent IRS penalties. We simplify payroll compliance while maintaining precise records for audit readiness.
People
Ed Allen
Founder & CPA
Ed Allen has been a Certified Public Accountant since 1990 and founded his firm after working at Ernst & Young. He specializes in tax strategies for business owners and has authored numerous articles on cost segregation. Recognized nationally for expertise in tax deferral opportunities.
Questions
What is the Beneficial Ownership Information Report requirement?
Entities formed before 2024 must file by December 31, 2024. New entities have 90 days. This one-time filing requires details about ownership structure with the U.S. Treasury.
What tax return preparation fees do you charge?
Our maximum fee for tax return preparation is $500 per return, providing cost-effective compliance solutions for businesses and individuals.
How can you help with IRS issues?
We represent clients in audits, collections, and penalty negotiations. Our services cover tax liens, levies, payroll tax issues, and unfiled return resolutions.
Am I eligible for cost segregation benefits?
If you own commercial property placed in service since 1987, pay income taxes, and want to reduce tax liability, you likely qualify for these savings opportunities.
What geographic areas do you serve?
We provide services to business owners nationwide through our virtual and in-person consultation options.
