Donnelly Accounting & Advisory LLC provides comprehensive tax planning, preparation, bookkeeping, and monthly accounting services designed to optimize tax strategies, ensure compliance with federal, state, and local tax laws, and support small business owners and individuals in achieving their financial goals. Led by Andrew Donnelly, CPA, the firm leverages deep industry expertise and a commitment to client success to deliver personalized, efficient, and proactive tax solutions.
Optimized tax strategy for small business owners
CPA-quality bookkeeping and monthly accounting
Proactive communication and efficient tax filing processes
Services
Tax Planning
We’ll dive deep into the details of your situation to ensure your taxes are at their lowest. Then we’ll fine tune your strategy going forward to match your business and financial goals.
Business & Individual Tax Preparation
We prepare and ensure compliance with all federal, state, and local tax returns for business entities and individuals.
Preparation of Form 1040 (Individuals)Preparation of Form 1065 (Partnerships and Multi-Member LLCs)Preparation of Form 1120-S (S-Corporations)Preparation of Form 1120 (C-Corporations)
Bookkeeping & Monthly Accounting
We provide CPA-quality bookkeeping and comprehensive monthly accounting for your business.
Accurate financial record-keepingMonthly financial statementsReal-time financial insights
Credentials & Certifications
Bachelor’s degree in Accounting
Since 2010
Master’s degree in Accounting
Since 2012
Certified Public Accountant (CPA)
Since 2015
Frequently Asked Questions
What tax-saving strategies do you offer for small business owners? +
We focus on tax savings by optimizing your tax strategy to reduce your tax bill this year and maximize savings going forward, ensuring compliance with the IRS, and providing convenient, efficient tax filing processes.
How do you ensure compliance with federal, state, and local tax laws? +
We prepare and ensure compliance with all federal, state, and local tax returns for business entities and individuals, including Form 1040, Form 1065, Form 1120-S, and Form 1120.
Can you explain the Qualified Business Income Deduction (QBID) for high-income S-Corporation owners? +
The Qualified Business Income Deduction (QBID) is one of the largest deductions for business owners. Many high-earning business owners can maximize this deduction by understanding the IRS rules and applying them to their specific situation.
