COMPREHENSIVE TAX & ACCOUNTING SERVICES
From proactive tax planning to IRS representation, Elite Accounting & Tax Solutions provides
the strategic guidance you need to minimize taxes, maximize wealth, and achieve financial peace of mind—
delivered securely online from anywhere in the U.S.
Tax Strategist
Years Experience
Director of Accounting Fortune 500 company
Texas Real Estate License
Whether you’re a business owner navigating complex deductions, a high-income earner seeking tax optimization, or facing an IRS notice, our comprehensive services are designed to protect your financial interests year-round. We don’t just prepare returns—we build long-term tax strategies that grow with you.
All services are delivered through our secure, encrypted client portal and virtual meetings—no office visits required. We serve clients throughout DFW, across Texas, and nationwide, bringing Fortune 500-level tax expertise directly to you.
Geographic Service:
Federal tax services available in all 50 states. State tax preparation and representation available for Texas and most states. Multi-state tax issues welcomed.
Be Proactive, Not Reactive
TAX PLANNING & CONSULTING
Most taxpayers only think about taxes once a year—during filing season. By then, it’s too late to implement strategies that could have saved thousands. Our tax planning and consulting services shift you from reactive compliance to proactive optimization. We work with you year-round to:
Strategic Tax Planning
- Analyze your income sources, deductions, and credits to identify opportunities for tax savings
- Create multi-year tax projections to help you make informed financial decisions
- Develop strategies for major life events: business formation, home purchases, retirement planning, inheritance, divorce
Business Tax Strategy
- Entity selection and restructuring (LLC, S-Corp, C-Corp, partnership)
- Maximizing business deductions: home office, vehicle, equipment, travel, meals
- Employee vs. contractor classification
- Retirement plan selection (SEP-IRA, Solo 401(k), defined benefit plans)
- R&D tax credits and cost segregation studies (for eligible businesses)
Investment & Wealth Planning
- Tax-loss harvesting and capital gains optimization
- Qualified Opportunity Zone investments
- Donor-advised funds and charitable giving strategies
- Stock option planning (ISOs, NQSOs, RSUs)
Real Estate Tax Planning
- 1031 exchanges and like-kind exchange guidance
- Short-term rental vs. long-term rental tax treatment
- Depreciation strategies and cost segregation
- Real estate professional status qualification
Quarterly Tax Meetings
- Estimated tax payment calculations and reminders
- Quarterly profit/loss reviews with tax impact analysis
- Ongoing strategy adjustments based on tax law changes
Who This Is For:
- Business owners and entrepreneurs
- High-income W-2 earners and 1099 contractors
- Real estate investors
- Individuals with complex financial situations
- Anyone tired of overpaying taxes
Who This Is For:
vs. Big-Box Tax Chains (H&R Block, Jackson Hewitt)
We provide personalized, strategic planning—not volume processing. You work with the same experienced professional year-round, not whoever is available during tax season.
vs. DIY Software (TurboTax, FreeTaxUSA)
Software asks questions; we provide answers and proactive strategies. Our expertise identifies opportunities software can’t recognize, especially for business owners and complex situations.
vs. Traditional CPA Firms
We deliver Fortune 500-level financial leadership expertise without the premium hourly rates. Our remote-first model keeps costs accessible while maintaining the highest quality standards.
The Elite Advantage:
Year-round partnership • Proactive tax strategies • IRS Enrolled Agent representation • Real estate tax integration • Secure nationwide service
Expert Representation When You Need It Most
TAX RETURN PREPARATION
Tax preparation is more than filling out forms—it’s about ensuring compliance, maximizing deductions, and
positioning you for future tax savings. Our comprehensive tax return preparation services cover individuals,
businesses, and complex filing situations.
Individual Tax Returns (Form 1040)
- W-2 wage earners
- 1099 contractors and freelancers
- Investment income (dividends, capital gains, interest)
- Rental property income (Schedule E)
- Self-employed individuals (Schedule C)
- Retirement distributions and Social Security income
- Foreign income and foreign tax credits (Form 1116)
Business Tax Returns
- S-Corporations (Form 1120-S) — Including shareholder K-1 distributions
- C-Corporations (Form 1120) — Corporate income tax and dividend planning
- Partnerships (Form 1065) — Partner K-1s and profit/loss allocation
- Multi-Member LLCs — Taxed as partnerships or corporations
- Single-Member LLCs — Disregarded entity or S-Corp election
Complex Filings
- Multi-state returns (apportionment and nexus analysis)
- Amended returns (Form 1040-X)
- Prior year returns (catch-up filing for unfiled years)
- Estate and trust returns (Form 1041)
- Gift tax returns (Form 709)
- Non-resident and dual-status returns
Our Resolution Process
- Document Collection — Secure upload via our client portal (Cognito Forms integration)
- Initial Review — We analyze your documents and identify potential deductions or issues
- Tax Preparation — Your return is prepared by experienced professionals using current tax law
- Quality Review — Every return is reviewed for accuracy before client review
- Client Review & Approval — We walk you through your return and answer all questions
- E-Filing — Fast, secure electronic filing with confirmation
- Year-Round Support — Questions after filing? We're here to help.
How We're Different:
vs. DIY Software
Software can’t ask the right follow-up questions or identify strategies you didn’t know existed. We catch what software misses and ensure every legal deduction is claimed.
vs. “Appointment Only” Tax Services
We’re available year-round for questions—not just during tax season. Your tax situation doesn’t stop on April 16, and neither does our support.
vs. Unlicensed Preparers
As an IRS Enrolled Agent, Cheryl has unlimited representation rights. If the IRS questions your return, we can represent you—many preparers cannot.
The Elite Advantage:
Personal review by EA Cheryl Semere • Year-round support included • IRS audit protection • Secure remote filing • Multi-state expertise
Included With Every Return:
- Direct access to Cheryl Semere, EA
- IRS audit support (if audit related to our preparation)
- Prior year comparison and tax planning recommendations
- Secure document storage and retrieval
- Estimated tax payment guidance for next year
Who This Is For:
- Individuals and families with straightforward or complex tax situations
- Business owners needing corporate or partnership returns
- Anyone who's fallen behind on filing (we handle prior years)
- Taxpayers seeking accuracy and peace of mind
Expert Representation When You Need It Most
TAX NOTICE RESOLUTION & IRS REPRESENTATION
Receiving a letter from the IRS or state tax agency can be overwhelming and stressful. Whether it’s an audit
notice, collection letter, or penalty assessment, you don’t have to face it alone. As an IRS Enrolled Agent, Cheryl
Semere is federally authorized to represent taxpayers before the IRS for audits, collections, and appeals.
Common IRS Issues We Resolve:
IRS Audits (Correspondence & Field Audits)
- IRS is questioning deductions or income on your return
- We gather documentation, respond to IRS inquiries, and represent you throughout the audit process
- Goal: Minimize tax liability and penalties while protecting your rights
Notice of Deficiency (CP2000, CP3219A)
- IRS believes you underreported income or overstated deductions
- We review the notice, analyze discrepancies, and file a response or formal protest
- Often results in reduced or eliminated tax liability
Unfiled Tax Returns
- Owe multiple years of back taxes? We prepare and file prior year returns
- Establish compliance to negotiate payment arrangements
- Prevent IRS enforced collection actions (levies, liens)
Our Resolution Process
- Case Evaluation — We review your notices, tax history, and financial situation
- Power of Attorney — File Form 2848 so we can communicate directly with the IRS on your behalf
- Strategy Development — Determine the best resolution path (payment plan, OIC, audit defense, etc.)
- Negotiation & Resolution — We handle all communication and negotiation with the IRS
- Compliance Going Forward — Ensure you stay current to avoid future issues
How We're Different:
vs. “Tax Relief” Companies
We don’t make unrealistic promises or charge upfront fees before evaluating your case. Our approach is honest, ethical, and focused on achievable outcomes.
vs. Handling It Yourself
The IRS’s job is to collect—not to advise you on your rights or best options. Without representation, you may agree to payment terms you can’t afford or miss resolution opportunities.
vs. General Practice CPAs
IRS representation is a specialized skill. As an Enrolled Agent with Fortune 500 finance leadership experience, Cheryl understands both tax law and negotiation strategy at the highest level.
The Elite Advantage:
IRS Enrolled Agent authority • Free initial case evaluation • Direct communication with IRS on your behalf • Transparent process with no surprises • Nationwide federal and state representation
Why Representation Matters:
- IRS agents' job is to collect revenue—not to advise you on your rights
- Without representation, you may agree to payment terms you can't afford
- Enrolled Agents have unlimited representation rights before the IRS
- We know the tax code, IRS procedures, and negotiation strategies
IRS Liens & Levies
- IRS placed a lien on your property or is threatening to levy your bank account or wages?
- We negotiate lien withdrawals, levy releases, and payment alternatives
- Protect your assets and financial stability
Payroll Tax Issues
- Texas Comptroller, California FTB, New York DTF, and other state agencies
- Sales tax audits, franchise tax disputes, nexus issues
- Multi-state tax controversy resolution
Stay Organized, Stay Profitable
BOOKKEEPING & ADVISORY SERVICES
Running a business requires more than great products or services—it requires financial clarity. Our
bookkeeping and advisory services give you the real-time insights you need to make informed decisions, stay
tax-compliant, and grow profitably.
Monthly Bookkeeping Services:
Transaction Recording & Categorization
- Bank and credit card reconciliation
- Income and expense tracking
- Proper classification for tax deductions
- Multi-entity bookkeeping (if you have multiple businesses)
Financial Reporting
- Profit & Loss statements (monthly, quarterly, annual)
- Balance sheets
- Cash flow statements
- Custom reports for lenders, investors, or partners
Accounts Payable & Receivable
- Invoice generation and payment tracking
- Vendor bill management
- Collections support for overdue invoices
Payroll Support
- Payroll processing coordination
- Quarterly payroll tax filings (Form 941)
- W-2 and 1099 preparation
- Payroll compliance monitoring
Sales Tax Management
- Monthly sales tax calculation and remittance
- Multi-state sales tax compliance
- Exemption certificate management
- Audit support for sales tax issues
QuickBooks Setup & Support
- QuickBooks Online or Desktop setup and training
- Chart of accounts customization
- Integration with bank accounts, credit cards, and payment processors (Stripe, Square, PayPal)
- Ongoing support and troubleshooting
Year-End Preparation
- Financial statement preparation for tax filing
- 1099 preparation and distribution
- Depreciation schedules
- Tax-ready financials for your CPA (or us!)
Financial Advisory Services
Cash Flow Management
- Analyze your cash flow patterns and identify cash shortfalls
- Develop strategies to improve collections and manage expenses
- Develop strategies to improve collections and manage expenses
- Build cash reserves for taxes, emergencies, or growth
Budgeting & Forecasting
- Create realistic budgets based on historical performance
- Forecast revenue and expenses for upcoming quarters/years
- Monitor budget vs. actuals and adjust strategies
Profitability Analysis
- Identify your most profitable products, services, or clients
- Analyze overhead costs and recommend cost-cutting strategies
- Price optimization to improve margins
Business Growth Planning
- Financial projections for new hires, locations, or product lines
- Break-even analysis for major investments
- Bank loan or investor presentation support
KPI Dashboards
- Custom dashboards to track key metrics (revenue, profit margin, customer acquisition cost, etc.)
- Monthly review meetings to discuss trends and opportunities
Tax-Saving Strategies Throughout the Year
- Quarterly meetings to review financials and recommend tax strategies
- Coordinate bookkeeping with tax planning for maximum deductions
- Ensure estimated tax payments are accurate to avoid penalties
Who This Is For:
- ✓ Small business owners who need professional bookkeeping
- ✓ Growing businesses that need financial clarity and strategy
- ✓ Entrepreneurs overwhelmed by QuickBooks or spreadsheets
- ✓ Businesses preparing for loans, investors, or audits
- ✓ Anyone who wants to focus on their business, not their books
How We're Different:
vs. Bookkeepers Without Tax Expertise
Most bookkeepers record transactions but don’t think strategically about tax implications. We integrate bookkeeping with year-round tax planning to maximize your deductions and minimize surprises.
vs. DIY Bookkeeping (QuickBooks, FreshBooks)
Software is powerful but requires expertise to use correctly. Miscategorized expenses, missed deductions, and reporting errors cost you money—we ensure accuracy from day one.
vs. High-Overhead Accounting Firms
Our remote-first model eliminates expensive office overhead, allowing us to deliver Fortune 500-quality financial management at accessible rates for small and mid-sized businesses.
The Elite Advantage:
Tax-integrated bookkeeping • Real-time financial insights • QuickBooks expertise • Proactive advisory • Seamless coordination with tax planning and preparation
Contact us for custom pricing based on:
- Monthly transaction volume
- Number of bank/credit card accounts
- Payroll and sales tax requirements
- Businesses preparing for loans, investors, or audits
- Anyone who wants to focus on their business, not their books
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SCHEDULE YOUR FREE TAX STRATEGY CONSULTATION
Ready to take control of your taxes? Schedule a complimentary 15-minute consultation with Cheryl Semere, EA. We’ll discuss your tax situation, answer your questions, and determine how we can help you save money and achieve your financial goals.
What to Expect:
- No-obligation, no sales pressure
- Confidential discussion of your tax challenges
- Clear explanation of services and pricing
- Action plan tailored to your needs