Certified public accountant in The Colony, TX (show on map)
5.0
★★★★★
56 reviews
Modi CPA is a full-service accounting firm specializing in domestic and international tax matters, small business accounting, and tax planning for individuals, estates, and trusts.
Modi CPA is a licensed Certified Public Accounting firm located in North Dallas Texas area. We assist our client with domestic tax matters such as Individual/business tax preparation and planning and with Small business accounting.
Additionally, as an International Tax CPA firm we support our clients in OVDP – Offshore Voluntary Disclosure Program, Streamlined Domestic Offshore Procedures, Delinquent International Information return, and Delinquent FBAR (Foreign Bank Account Reporting) Procedures to be compliant with United States International Tax laws such as FATCA – Foreign Account Tax Compliance Act. As a Domestic & International Tax Consultant we understand the importance of preparation of your tax return correctly and promptly.
Comprehensive domestic and international tax services
Specialization in OVDP, SDOP, and FATCA compliance
Use of QuickBooks for small business accounting
Experience with various business entities (LLC, S-Corp, C-Corp)
Services
Tax Planning & Preparation
Focuses on maximizing refunds for individuals and businesses by employing various tax planning strategies.
Provides guidance on U.S. and foreign tax laws for individuals and businesses with international assets or activities.
OVDP – Offshore Voluntary Disclosure ProgramStreamlined Domestic Offshore ProceduresFBAR and FATCA complianceForeign Bank Account Reporting
Small Business Accounting
Utilizes QuickBooks for bookkeeping and financial reporting to ensure compliance with federal, state, and local tax obligations.
BookkeepingPayroll tax complianceSales tax and local tax managementIndustry-specific reporting (e.g., rental real estate, payroll)
Credentials & Certifications
Licensed Certified Public Accountant (Texas)
Since 2010
Enrolled Agent (in progress)
Reviews
Rating
5
★★★★★
Reviews
56
"He is quick and efficient and just a nice human to do business with."
Frequently Asked Questions
What is OVDP and how can it benefit my offshore tax situation? +
OVDP (Offshore Voluntary Disclosure Program) allows individuals and businesses with undisclosed offshore assets to come into compliance with U.S. tax laws, potentially avoiding penalties.
How does QuickBooks help with my small business accounting? +
QuickBooks is used for accurate bookkeeping, payroll tax compliance, and generating industry-specific financial reports to ensure all taxing authorities are met.
What tax planning strategies can maximize my refund? +
Strategies include retirement contributions, health savings accounts, income shifting, and maximizing deductions such as mortgage interest and charitable contributions.
5.0
