Business Details
30 Years
experience
Your Trusted Partner for Accounting & Tax Services in McKinney, TX
Established in 1996, Carrell and Co and Co CPAs is a premier public accounting firm dedicated to providing comprehensive tax and accounting solutions for individuals and businesses. Our team of certified professionals brings over 60 years of combined experience in financial management, tax strategy, and operational excellence. We prioritize personalized service, treating clients like family while delivering accurate, reliable advice tailored to their unique needs. As active members of the AICPA Peer Review Program, McKinney Chamber of Commerce, and McKinneys Mainstreet organization, we uphold the highest standards of professionalism and community engagement.Our expertise spans tax preparation, payroll services, bookkeeping, and strategic financial planning, ensuring clients receive holistic support. We pride ourselves on simplifying complex financial concepts and fostering long-term relationships built on trust and transparency. With a focus on continuous learning and industry innovation, we empower clients to achieve their financial goals confidently.
Services
Tax Preparation
Tax Planning
Bookkeeping
Payroll Services
CFO Services
Details
- Year established: 1996
Highlights and features
- We offer over 60 years of combined accounting and taxation experience.
- Our team provides personalized service, treating clients like family.
- We are active members of the AICPA Peer Review Program.
- We specialize in tax strategy, payroll, and bookkeeping services.
- Our professionals hold active CPA certifications in multiple states.
Associations and certifications
- AICPA Peer Review Program
Services
Tax Preparation
We prepare federal individual returns, estate and trust returns, and corporate tax filings for S-Corps, partnerships, LLCs, and corporations. Our team ensures compliance with current tax laws while maximizing deductions. Clients benefit from accurate, timely submissions tailored to their financial situation.
Tax Planning
Our tax planning services include forecasting, liability reduction strategies, and employer stock option planning. We help clients minimize future tax burdens through proactive analysis of their financial scenarios. This service ensures long-term fiscal efficiency and regulatory compliance.
Bookkeeping
We offer comprehensive bookkeeping solutions, including month-end accounting and financial record management. Our systems provide real-time insights into business performance, ensuring accurate financial reporting. Clients gain clarity and control over their operational finances.
Payroll Services
Our payroll services handle employee compensation, tax withholdings, and regulatory filings. We streamline payroll processes to ensure timely, error-free payments. Businesses reduce administrative burdens while maintaining compliance with labor laws.
CFO Services
We provide strategic CFO services for financial planning, risk management, and growth financing. Our expertise supports business scalability and operational efficiency. Clients receive data-driven insights to inform critical financial decisions.
People
Elizabeth Jain
President/CEO
Certified Public Accountant with 30+ years of experience in financial management, tax strategy, and corporate turnaround. Led Fortune 500 companies and holds active CPA licenses in AR, TN, and TX.
Amy Smith
Tax Team
CPA with over 20 years of tax expertise, specializing in individual and corporate compliance. Joined Carrell and Co and Co in 2022 to enhance client service offerings.
Tony Morris
Tax Services Team Lead
16-year veteran in tax services, managing complex filings and strategic planning for businesses. Ensures team excellence in delivering accurate, client-focused solutions.
Karen Czarowitz
Administration Lead
Over 2 years managing administrative operations with precision. Coordinates team logistics to maintain seamless client service delivery and internal efficiency.
T.K. Smith
Operations Team
MBA-holding operations expert since 2021, optimizing business processes. Focuses on enhancing client experience through streamlined administrative workflows.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll, tax planning, and CFO services tailored to small businesses' needs.
Are you certified public accountants?
Yes, our team includes CPAs with active licenses in multiple states, ensuring professional expertise.
Do you serve individuals and corporations?
Yes, we offer tax and accounting solutions for both individual taxpayers and corporate entities.
What areas do you serve?
We primarily serve McKinney, Texas, with clients ranging from local businesses to national corporations.
How do you ensure tax compliance?
Our team stays updated on tax law changes and uses rigorous review processes for all filings.
