Business Details
30 Years
experience
Your Trusted Partner for Accounting & Tax Services in McKinney, TX
Carrell and Co CPAs and Co CPAs has been a trusted name in accounting and tax services since 1996, offering personalized solutions for individuals and businesses. Our team of certified professionals brings over 60 years of combined experience in tax preparation, financial planning, and accounting. We prioritize clear communication, ensuring clients understand complex financial matters. Our services include federal and state tax returns, estate and trust filings, payroll management, and CFO advisory. We serve clients across Collin, Dallas, Denton, and Tarrant Counties. Our commitment to excellence is reflected in our membership with the AICPA Peer Review Program and local business organizations.We approach every client relationship with the care and dedication of a family business. Our team stays current with evolving tax laws through continuous professional education. We focus on building long-term partnerships by delivering accurate, timely, and strategic financial guidance. Our McKinney office provides a welcoming environment for face-to-face consultations. We measure success by our clients' financial confidence and business growth.
Services
Tax Preparation
Tax Planning
Bookkeeping
Payroll Services
CFO Services
Details
- Year established: 1996
Highlights and features
- We have over 60 years of combined experience in accounting and taxation.
- Our team includes CPAs with active certifications in multiple states.
- We provide personalized service tailored to individual and business needs.
- We maintain membership in professional organizations like AICPA.
- Our team completes extensive continuing professional education annually.
Associations and certifications
- AICPA Peer Review Program
Services
Tax Preparation
We prepare federal and state tax returns for individuals and businesses, including complex filings for S-Corps, partnerships, and trusts. Our team ensures compliance with current tax codes while maximizing deductions. We handle both personal and corporate tax preparation with meticulous attention to detail.
Tax Planning
Our strategic tax planning services help clients minimize liabilities through year-round financial strategies. We specialize in employer stock option planning and liability reduction techniques. We create customized plans for individuals and businesses to optimize tax outcomes across multiple jurisdictions.
Bookkeeping
We maintain accurate financial records for businesses through comprehensive bookkeeping services. Our monthly accounting solutions include transaction tracking, financial statement preparation, and reconciliation. We ensure organized financial data to support informed business decisions and audit readiness.
Payroll Services
Our payroll processing handles employee compensation, tax withholdings, and regulatory filings. We manage payroll cycles, wage calculations, and tax deposits for businesses of all sizes. Our services ensure compliance with federal, state, and local employment tax requirements.
CFO Services
We provide strategic financial leadership through outsourced CFO services. Our experts offer budgeting, cash flow management, and growth strategy consulting. We help businesses develop financial frameworks for expansion, risk management, and operational efficiency improvements.
People
Elizabeth Jain
President/CEO
With over 30 years of financial leadership experience, including roles at Forever 21 and Tengelmann, Elizabeth provides strategic direction. She holds active CPA licenses in three states and completes extensive continuing education annually.
Amy Smith
Tax Team
Amy brings 20+ years of tax expertise, specializing in individual and corporate return preparation. Her experience includes complex tax situations and regulatory compliance for diverse business structures.
Tony Morris
Tax Services Leader
With 16 years at the firm, Tony oversees tax operations and client strategy. He specializes in business tax planning and has extensive experience with multi-jurisdictional tax compliance requirements.
T.K. Smith
Operations Team
T.K. manages business operations with an MBA and over three years of experience. He coordinates administrative functions and client service logistics to ensure efficient firm operations.
Karen Czarowitz
Administration Leader
Karen directs administrative operations with two years of leadership experience. She manages office systems and client communication processes to maintain smooth day-to-day operations.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, tax preparation, and CFO advisory services tailored to small business needs.
Do you handle both personal and corporate tax filings?
Yes, we prepare federal and state tax returns for individuals, estates, trusts, and all business entity types.
What experience does your team have?
Our team includes CPAs with over 60 combined years of experience, including former executives from major retail and international companies.
Are you available for in-person meetings?
Yes, we welcome face-to-face consultations at our McKinney office located at 5900 S. Lake Forest Drive Suite 110.
