Putting you at the center. Who we service:
Contractors
We are the go-to expert for contractors. MHIC license holders and other contractors trust us because we have the experience to deal with all the issues that contractors face. We know your gross margin issues and will drive increases that drop straight to your bottom line.
Real Estate Investors
We’re real estate investors ourselves and have an in depth knowledge of all the best ways to reduce your tax bill. Yes, we do cost segregations and the STR loophole to offset your active income. We are not only the tax preparer but your trusted advisor on buying and selling decisions.
Healthcare
Efficient accounting systems are essential for maintaining the financial health of healthcare organizations. From dental offices to med spas, we know the ins and outs of the healthcare industry. You shouldn’t have to decide between patient health and profit.
Small Business Owners
We assist small businesses with their accounting and taxes so that they can focus on what they do best. Our reporting will show you exactly which products to sell to maximize revenue and to keep more of your hard-earned money.
Caterers / Food Service
Running a food service business can be demanding. Leave the accounting and tax work to someone else. We’ve got the back office covered so you can continue to grow your business and improve margins.
Individuals & Families
We help individuals & families stay compliant with their tax liabilities, reduce their tax liabilities by reviewing and advising on entity structure, as well planning based on current and probable future tax laws. Tax laws aren’t getting clearer and our job is to focus on optimizing overall wealth.
How We Work
Work Process
01
Schedule A 15-Minute Call
We will work with you to create a game plan. What is it that you need and can Cardinal Tax help?
02
Upload Supporting Docs
Send us your supporting documents, data, or simply tell us what is needed. We have a secure portal for any confidential or PII.
03
We do the Work
We will work to create what you need, whether it’s a tax return or financial statements so your business can apply for a loan, we’ve got you covered.
What we do
Full Listing of Services
Personal Tax
Services Offered
- Form 1040 & Sch. A (Residential State)
- Form 1040 Schedules 1-6 (each)
- Schedule B
- Schedule C
- Schedule D
- Form 8949 (up to 6 transactions)
- Schedule E – 1st Property
- Schedule E – Additional Properties
- Schedule F
- Schedule J
- Schedule SE
- W-2s (>4, each)
- K-1 Income with Basis Schedule (each)
- Installment Sales (Sale Year/Subsequent Year)
- Form 2441 (Child Care)
- Form 4562 (Depreciation Current)
- Depreciation Schedule (per asset)
- Form 4952 (Investment Interest)
- Form 5329 (Retirement Penalty)
- Form 6251 (AMT)
- Form 8960 (NII Surtax)
- Form 8962 (Healthcare Credit)
- Form 8965 (Healthcare Penalty)
- College Credits
- Estimated Tax Forms
Planning
- Rental property tax planning and deductions (mortgage interest, property taxes, depreciation)
- 1031 Exchange guidance for tax-deferred property exchanges
- Passive activity loss rules optimization (material participation, grouping activities)
- Cost segregation studies for accelerated depreciation benefits
- Opportunity Zone investment tax benefits and compliance
- Real estate investment trust (REIT) tax planning and compliance
- Tax implications of property sales (capital gains tax planning, installment sales)
- State and local tax considerations for real estate investments
- Partnership and LLC tax planning for real estate ventures
- Tax-efficient financing strategies for real estate acquisitions and developments
Business Tax
Services Offered
- Form 1120 C Corp
- Form 1120S S Corp
- Form 1065 LLC
- Form 709 Gift Tax
- Form 706 Estate Tax
- Form 1041 Trust
- Form 990 Not for Profit
- Form 941
- Form 940
- SUTA
- State Withholding
- W-2s/1099s (each)
- Newly Formed Business
- Like-Kind Exchanges
- Special Tax Elections
- Business Entity Tax Conversions
- Tax Research / Second Opinions
Planning
- Entity selection and structure planning (Sole Proprietorship, LLC, S-Corp, C-Corp)
- Tax-efficient compensation strategies for owners and employees
- Deduction maximization (Section 179, bonus depreciation, startup expenses)
- Accounting method optimization (cash vs. accrual, inventory valuation)
- Tax credits identification and utilization (Research and Development Tax Credit, Work Opportunity Tax Credit)
- Retirement planning and contribution optimization (SEP-IRA, SIMPLE IRA, 401(k))
- State and local tax planning and compliance
- Succession planning and exit strategy optimization
- IRS audit support and representation
Accounting Services
Services Offered
- Bookkeeping and recordkeeping
- Financial statement preparation (balance sheet, income statement, cash flow statement)
- Budgeting and forecasting
- Tax preparation and planning
- Payroll processing and compliance
- Accounts payable and receivable management
- Bank reconciliations
- Financial analysis and reporting
- Internal audit and controls review
- Inventory management
- Business valuation services
- Cost accounting and cost analysis
- Management consulting and advisory services
- Software implementation and training (e.g., QuickBooks, Xero)
- Compilation and review of financial statements
- Estate and trust accounting
- Compliance with regulatory requirements (GAAP, tax laws, etc.)
- Financial planning and wealth management advice
- Merger and acquisition support
- Forensic accounting and fraud investigation
- Outsourced CFO/Controller services
- Specialized industry-specific accounting services (e.g., healthcare accounting, construction accounting)