Experienced CPA or EA Needed for S-Corp Financial Cleanup

Posted 4 weeks ago

Worldwide

Summary

We are seeking an experienced CPA to assist with the cleanup of our S-Corp financials. I have reconstructed several years of activity from bank records and identified multiple material errors in returns filed by the prior preparer. I have prepared draft cashflow statements (2019–2025, all reconciling to zero variance) and a multi-year shareholder stock-basis workbook (2019–2025). I'd like to engage you for the items that require a licensed professional and to review/sign the amended returns. My priorities: cost-effectiveness, audit avoidance, and getting the amended 2023 (and likely 2024) returns filed before the property sale closes. Amended 2023 Form 1120-S — remove phantom asset and fictitious loan, restore real depreciation, reclassify equity (book historical infusions as Additional Paid-in Capital), report distributions. Amended 2023 Form 1040 — with corrected K-1. Amended 2024 Form 1120-S — fix depreciation anomaly, add $4,000 unreported cash receipts, report distributions. Amended 2024 Form 1040 — with corrected K-1. Form 3115 (§481(a) depreciation correction, ~$11,155) — requires licensed professional. 2025 Form 1120-S — two-activity return: rental income + wind-down.

  • Less than 30 hrs/week
    Hourly
  • 1-3 months
    Duration
  • Expert
    Experience Level
  • $10.00

    -

    $25.00

    Hourly
  • Remote Job
  • Ongoing project
    Project Type
Skills and Expertise
Mandatory skills
CPA
Accounting
Financial Accounting
Activity on this job
  • Proposals:20 to 50
  • Last viewed by client:4 weeks ago
  • Interviewing:
    4
  • Invites sent:
    6
  • Unanswered invites:
    1
About the client
Member since Aug 26, 2019
  • United States
    West Palm Beach3:40 AM
  • $2.8K total spent
    20 hires, 5 active
  • 355 hours

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