Business Details
14 Years
experience
Trusted Philadelphia CPA Services for Small Businesses
Internal Tax Service is dedicated to creating accounting solutions and tax strategies for small businesses. We serve as a trusted financial advisor for small businesses and individuals, offering accounting, bookkeeping, and tax planning services alongside practical guidance to help businesses succeed. Our approach extends beyond basic bookkeeping by establishing practical budgets and implementing strategies to manage finances effectively. With extensive knowledge of tax laws, we identify opportunities to reduce tax liability for both new and established Philadelphia-area businesses.Our team of certified professionals provides hands-on services that keep businesses running smoothly while offering sound advice to avoid costly mistakes. We specialize in restaurant accounting, retail accounting, and law firm accounting, tailoring our services to meet the unique needs of each industry. As a Philadelphia CPA firm, we combine local market expertise with comprehensive financial solutions to support business growth and long-term prosperity.
Services
Small Business Accounting
Tax Planning
QuickBooks Services
IRS Problem Resolution
Restaurant Accounting
Retail Accounting
Law Firm Accounting
Business Incorporation
Tax Preparation
Financial Consulting
Details
- Year established: 2012
Highlights and features
- We offer 15+ years of experience in Philadelphia small business accounting
- Our team includes certified CPAs with industry-specific expertise
- We implement customized tax reduction strategies for each client
- We provide hands-on QuickBooks setup and training services
- We specialize in restaurant, retail, and law firm accounting
What people say
Trusted financial advisor
Expert tax strategies
Hands-on support
Industry expertise
Customized solutions
Services
Small Business Accounting
Our small business accounting services provide comprehensive financial management solutions tailored to Philadelphia's unique business environment. We handle day-to-day bookkeeping, financial reporting, and budgeting while implementing cost-saving strategies that help businesses maintain profitability. Our certified professionals work closely with clients to develop customized accounting systems that support long-term growth and financial stability.
Tax Planning
Our tax planning services focus on minimizing liabilities while ensuring compliance with all applicable regulations. We analyze each client's financial situation to identify legitimate deductions and implement strategic planning that maximizes savings. Our Philadelphia-based CPAs stay current with changing tax laws to provide accurate, forward-thinking advice that supports business growth.
QuickBooks Services
We offer complete QuickBooks solutions including setup, training, and ongoing support. Our team helps businesses implement efficient accounting systems tailored to their specific needs. From initial configuration to advanced reporting, we ensure clients maximize their software capabilities while maintaining accurate financial records that support informed decision-making.
Restaurant Accounting
Our restaurant accounting specialists understand the industry's unique challenges, including inventory management and cost control. We implement tailored financial systems that track food costs, labor expenses, and seasonal fluctuations. Our services help restaurant owners maintain profitability while complying with industry-specific regulations and reporting requirements.
Law Firm Accounting
We provide specialized accounting solutions for law firms, including trust account management and compliance with legal financial regulations. Our services help law firms maintain accurate records while implementing systems that improve cash flow and reduce administrative burdens, allowing attorneys to focus on client representation.
People
Karen Sharpe
CEO, CPA
Karen Sharpe leads Internal Tax Service with over 20 years of accounting experience. As a certified public accountant, she specializes in small business financial strategy and tax optimization for Philadelphia businesses.
Richard Muloney
CPA
Richard Muloney brings extensive tax expertise to our team. With 15+ years as a certified public accountant, he focuses on tax planning and IRS compliance solutions for small businesses in the Philadelphia area.
Ali Kikimono
Associate
Ali Kikimono supports our accounting team with expertise in QuickBooks implementation and financial reporting. As an associate, they help clients establish efficient accounting systems tailored to their business needs.
Kevin Thompson
Associate
Kevin Thompson assists clients with bookkeeping and financial management solutions. As an associate accountant, he provides hands-on support for small businesses seeking to improve their financial operations and reporting accuracy.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive small business accounting including bookkeeping, financial reporting, budgeting, and cash flow management tailored to Philadelphia area businesses.
Do you specialize in any particular industries?
Yes, we specialize in restaurant accounting, retail accounting, and law firm accounting, understanding each industry's unique financial challenges.
Can you help with QuickBooks setup and training?
Yes, our team provides QuickBooks setup, training, and ongoing support to help businesses maximize their accounting software capabilities.
How do you help reduce tax liabilities?
We analyze your financial situation to identify legal tax deductions and implement strategic tax planning to minimize liabilities.
What tax services do you provide?
We offer complete tax services including preparation, planning, IRS representation, and audit support for businesses and individuals.
