Business Details
Your Trusted Partner for Accounting and Tax Solutions
Cornell Beall & Leigh is a US-based full-service virtual Certified Public Accounting firm dedicated to providing exceptional accounting and tax services. With decades of combined experience, our team of licensed CPAs and EAs specializes in individual and business tax preparation, expat tax services, and virtual bookkeeping solutions. We prioritize client satisfaction through personalized guidance, ensuring compliance with complex tax laws while maximizing deductions and credits.Our virtual operations transcend borders, supporting clients in over 30 countries with expertise in US tax regulations, international business growth, and strategic financial planning. We are committed to transparency, fiscal responsibility, and leveraging cutting-edge technology to deliver efficient, discreet, and affordable services tailored to each client's unique needs.
Services
Tax Preparation
Expat Tax Services
Business Tax Filing
Virtual Bookkeeping
International Tax Compliance
Highlights and features
- We offer over 30 years of experience in US and international tax services
- Our team consists of licensed CPAs and Enrolled Agents with global expertise
- We specialize in expat tax compliance and offshore financial reporting
- Our virtual services provide seamless, secure, and time-efficient solutions
- We guarantee personalized support with a proven track record of client success
Services
Tax Preparation
We provide comprehensive tax preparation services for individuals and businesses, ensuring compliance with federal, state, and local regulations. Our experts identify eligible deductions and credits while maintaining strict accuracy standards. Services include Form 1040 preparation, Schedule A itemized deductions, and business tax filings for LLCs, S-corps, and C-corps.
Expat Tax Services
Specialized tax compliance for US citizens living abroad, including FBAR reporting, Foreign Earned Income Exclusion, and FATCA Form 8938. We handle complex international tax forms and ensure compliance with US tax obligations while optimizing tax-saving opportunities for expatriates in 30+ countries.
Business Tax Filing
Full-service business tax solutions covering sole proprietorships, partnerships, and corporations. Our services include state and local tax compliance, employment tax reporting, property tax analysis, and strategic tax credit optimization for small to mid-sized enterprises operating domestically and internationally.
Virtual Bookkeeping
Cloud-based bookkeeping services with QuickBooks setup, accounts receivable/payable management, and financial reporting. Our virtual system enables secure document sharing and real-time financial tracking, allowing business owners to focus on operations while maintaining accurate financial records.
International Tax Compliance
Comprehensive international tax services including cross-border transaction analysis, transfer pricing compliance, and foreign entity structuring. We assist with Form 5471 for foreign corporations, Form 3520A for trusts, and PFIC reporting while helping businesses minimize global tax liabilities through strategic planning.
People
John Beall
Founder and CEO
John Beall is a seasoned finance executive with 30+ years of experience in US tax law and international business strategy. He has advised multinational corporations like Siemens Energy and AXIS Capital while helping thousands of individuals navigate complex tax regulations. A strategic visionary, he founded Cornell Beall & Leigh to provide virtual CPA services globally.
Questions
Do US expats need to file federal tax returns?
Yes, US citizens and Green Card holders must file federal returns if income exceeds thresholds, regardless of residence country. We help expats meet obligations while maximizing exclusions and credits.
How does the Foreign Earned Income Exclusion work?
The FEIE allows qualifying expats to exclude substantial foreign earnings. You must meet either the Physical Presence Test (330 days abroad) or Bona Fide Residence Test to claim this benefit.
What international tax forms are required?
Common forms include FBAR (FinCEN 114 for accounts over $10k), FATCA Form 8938 (over $200k), and specialized forms for trusts, foreign corporations, and PFIC investments. We handle all required filings.
Can you assist with overdue tax returns?
Yes, we help expats catch up through IRS voluntary disclosure programs. This includes back tax preparation, FBAR filings, and penalty mitigation while ensuring future compliance.
Do expats pay Social Security taxes abroad?
US expats remain eligible for Social Security benefits. Tax treaties with 24 countries prevent dual contributions, determining payment based on residency and employment circumstances.
How are capital gains taxed for expats?
Capital gains are included in worldwide income for US tax purposes. Special reporting requirements apply to foreign investments, mutual funds, and property sales requiring expert guidance.
