Tax & accounting for Small & Medium sized business
🤓 Honest advice and guidance
🤓 Audit Protection Plans available
🤓 In-house (ours) and Virtual bookkeeping plans
🤓 Ongoing tax planning check-ins
🤓Answers to all your questions in a language you understand (Normal person English if that wasn't clear)
(check out our tax search engine!! 😊)
Hi there!!
I'm Jerry Chyo, and Perry Chyo is THE Certified Public Accountant for Small and Medium-Sized Business (SMB). And, you're (presumably) a small to medium sized business owner in search of a new way to take care of your accounting. Nice to meet you and, welcome to the bottom of my funnel
Let's skip the cliché homepage framework and get straight to the point, kk?
You're here because you have a few questions. Specifically, you probably want to know:
- Who are Perry Chyo & Company?
- Who do we work with?
- What do they do?
- What's all that cost?
- How do I get started?
And, the high-level summary is: We are licensed accountants (CPA, ChA's and EA's) that offers year-round tax, accounting/bookkeeping, and consulting services for Small and Medium Sized businesses. You can get started with a quick chat.
But, let's really dig into those questions for you –
About Perry Chyo
Let's start with me. I'm Jerry Chyo and I've been a licensed CPA since the 90's.
I've been my own business owner for the better part of 30 years. I've written hundred's of articles on the various tax issues Small and Medium sized business owners deal with (and guess what. I'm a small business owner too, so I know your pain). There's more stuff that will make you want to be somewhere else, so...... ⭐⭐⭐⭐⭐, etc. You get it.
The Perry side of the firm are Nicholas and Dianne Perry (Dianne's my niece and Nick's been around since forever, so he's my nephew).
My solo-practice is a modern, good-humored accounting consultancy. All the same money math you know and love, but with a lil more levity and few wisecracks, because saving taxes and improving cash flow may be serious, but the rest of this doesn't need to be.
And, it may just be me behind the screen, but I'll meet you where you are on your accounting journey and get you where you need to be.
- Just getting started? Perfect.
- Struggling with messy books and back taxes? Perfect.
- Already running and in need of a change? Perfect.
We'll get you right as rain, without the shame 😉
🤓 Enrolled Agent: I'm an Enrolled Agent, which is an IRS license that allows me to defend clients against tax audits. It's different from the CPA, but that's okay. Both licenses are more than enough (and, what's really important is the professional behind the letters).
🤔 Fractional CFO: I'm not a fractional CFO tho. I can help with forecasting, taxes, and accounting. But, won't be involved in other traditional CFO tasks, like risk management, board meetings, loan applications, or deeper financial analysis.
Business Owners generally have more stress and anxiety than W2ers. Feeling overwhelmed becomes second nature.
Here are a few things you can do to relieve that stress and anxiety:
• Delegate small tasks
• Find a support network
• Structure your finances
JKC
Who we work with
While there's no secret handshake or strict dresscode, our clients tend to have a few things in common. Obviously, they're generally businesses with a need (or requirement, I'm looking at you, corps, LLC's and P'Ships). You've figured that bit out by now, but they're also:
Lean teams: You are usually smaller corporations or LLC's, ranging from a single shareholder to around 10-20ish employees and under $4,000,000 annual revenue.
Niche Businesses: They're experts in their domain. That could be – specialty retail, medical practitioners, artists, building designers, classic car restoration, not-for-profits organizations, custom contractors, etc. They're great at what they do.
Entering or in growth mode: Clients tend to have lifestyle businesses and a strong work/life balance. They care about their team, clients, and creative work product.
By the book: They don't comingle funds, won't take sketchy tax schemes, don't inflate expenses, definitely don't wink wink nudge nudge, and would never commit tax fraud.
Another commonality is the need for ongoing tax planning and tax preparation. :
English. Not IRSease: Taxes are confusing. The tax code is written in such a fashion they (think) they have all angles covered. You need a translator who speaks both English and IRSease.
Proactive planning: You're tired of playing catch up, unexpected tax bills in April, and making blind decisions. Clients wanted help managing (and legally minimizing) taxes and peaking into the future with Growth Forecasts.
Financially-minded feedback: My clients have done a great job getting where they are, but they'd been managing from the heart and wanted a finance-minded voice in the room.
A weight off their shoulders: Taxes, finances, and making sure they don't all fall apart are ✨a lot.✨ Many clients simply wanted to outsource their accounting AND remove their accounting stress.
Why we use QuickBooks Online.
We are a QuickBooks Online shop. QBO allows us to maintain your books on an ongoing basis with greater efficiency than its competitors. Our process in a nutshell
BENEFIT 01
Real-Time Bookkeeping
Connect your agency's bank accounts for automated transaction syncing, ensuring your financial data is always current and accurate.
BENEFIT 02
Tax-Ready Reporting
Generate Profit & Loss statements and Balance Sheets with one click, making year-end tax preparation for your consultancy seamless.
BENEFIT 03
Invoicing & Payments
Send professional, branded invoices to your marketing clients and get paid faster with integrated credit card and ACH processing.
BENEFIT 04
Expense Tracking
Snap photos of receipts on the go. QuickBooks automatically categorizes expenses to maximize your agency's tax deductions.
BENEFIT 05
Cash Flow Insights
Visualize your agency's financial health with intuitive dashboards that forecast future cash flow based on pending invoices.
BENEFIT 06
Seamless Integration
Connect with the tools you already use, from payroll systems to project management software, creating a unified agency ecosystem.
Why we use QuickBooks Payroll.
We are a QuickBooks Online shop. QBO allows us to maintain your books on an ongoing basis with greater efficiency than its competitors. Our process in a nutshell
BENEFIT 01
Real-Time Bookkeeping
Connect your agency's bank accounts for automated transaction syncing, ensuring your financial data is always current and accurate.
BENEFIT 02
Tax-Ready Reporting
Generate Profit & Loss statements and Balance Sheets with one click, making year-end tax preparation for your consultancy seamless.
BENEFIT 03
Invoicing & Payments
Send professional, branded invoices to your marketing clients and get paid faster with integrated credit card and ACH processing.
BENEFIT 04
Expense Tracking
Snap photos of receipts on the go. QuickBooks automatically categorizes expenses to maximize your agency's tax deductions.
BENEFIT 05
Cash Flow Insights
Visualize your agency's financial health with intuitive dashboards that forecast future cash flow based on pending invoices.
BENEFIT 06
Seamless Integration
Connect with the tools you already use, from payroll systems to project management software, creating a unified agency ecosystem.
What's included
🎀 Business & personal tax returns: Tax returns are more complicated than just typing numbers into the computer. You want the right numbers in the right places, so you pay the right tax (and not a penny more). I'll review your accounting, ask more questions than your last accountant ever did, pay close attention to multi-state issues, and check for last-minute opportunities.
(💸 available à la carte. S-corp & partnership fees start at $2,000, personal at $1,000 💸)
💊 S-Corporation eligibility assessment: If you Google, "I own a business and taxes make me sad," the internet will tell you to form an S-corp. But, taxes aren't that simple and S-corps don't alwaysss save money. We'll check and make sure they do before helping you make the S-corp election.
🟠 Reasonable compensation & payroll: S-corp owners need to pay themselves payroll. The IRS left how much open to debate tho. We'll run a reasonable compensation study, optimize your payroll to save tax without adding audit risk, and get payroll set up.
... It was the right choice! Michael gave me a free intro chat and then proceeded to competently and efficiently handle my tax returns. Right from the start, I could tell that he was easy to work with addressing all my questions and concerns with patience and understanding. He is dedicated to detail and just the best at explaining things and getting back to you in a timely manner. ...
Stephanie
🏦 Personalized tax savings plan: Saving for taxes is a pain. Feels like you're always playing catch up. I'll show you an easier method, with a series of bank accounts, and give you a personalized tax savings rate bassed on your tax situation.
👷 Capture and categorize every transaction: Everything starts with your bookkeeping - your business tax return, cash flow forecasting, tax planning, financial decision-making, quarterly estimates - everything. We'll capture and categorize every transaction for more accurate books, and more importantly, a more accurate everything else.
👷 Managed bookkeeping: Bookkeeping is an energy vampire. Let me do it. I'll tame the accounting software, categorize the transactions, reconcile the accounts, and track down any annoying errors. You'll just have to update the bank connection (I'll remind you 😉), send me the statements, and answer a few questions. I got the rest.
Michael is the best. Literally. Hire him. He makes taxes, accounting and all things financials very digestible. He's casual approach is refreshing, but he knows his stuff. I highly recommend him.
Suzanne
Co-founder, Shape & Scale
☎️ Onboarding call(s): You probably have lotsss of questions that previous accountants ignored. We'll start with two calls about taxes & finances, to teach you the best practices and give you a chance to finally ask all those questions.
🤐 Confidentiality: It should go without saying, but everything we discuss is just between you, me, and the IRS. I don't share client names, my client list, or any details about them with anyone. And, while you may inspire a LinkedIn post, I'd absolutely never bully you via LinkedIn (I cannot believe I need to point that out, but people have asked 😅).
💸 Flat-fee subscription pricing: No hourly. No surprises. No 'the tax return costs extra.' One monthly price, everything included, and revisited yearly.
🙏 Please & thank you: My mom would say I don't have manners. But, I know how to say please, thank you, and send a polite email. And, nowadays, that's saying something 😅
🥼 Industry expertise: They say marketing has too much jargon and too many acronyms. Go ahead and use it. I'll know what you mean, because you aren't the only agency I work with.
🔔 Quarterly tax estimates: Your quarterly tax payments are due April 15th, June 15th, September 15th, and January 15th (with any remainder when you file). A week before each payment date, I'll remind you how much to pay, how we arrived at our estimate, and where to pay (with links).
🧠 Year-end tax review: Tax season surprises are the worst. We'll get ahead of them with a tax planning meeting in November/December to discuss your business, any updates, and look for opportunities to minimize your tax bill.
...Working with Michael has been amazing. Two parts Real Talk, one part Therapy, with just a drizzle of sass - exactly what I needed. ... You are getting exactly what you think: the Edna Mode of Business Consulting.
Michele
🏛️ Year-round tax support: Tax questions happen all year. When you have a Q, shoot me an email and get an answer within 24hrs - without the dreaded surprise invoice.
🦸♂️ Audit protection: No one likes a tax department letter, but you're bound to get them. There's a tech hiccup, the IRS misplaced a payment, a state claims they never got a payroll return, an automatic letter got spit out, you forgot to register for something, etc. Forward those letters to me and I'll write responses - included.
🔍 Prior tax return reviews: I'm sure your last accountant was wonderfully competent. I'll review your prior returns just to give us all a lil more peace of mind tho.
... He was incredibly professional, efficient and knowledgeable and managed to get a very challenging project organized and done on time. I will continue to use him for bookkeeping/accounting services for my small business and personal side, as well as tax preparation services for the future. I would highly recommend him to anyone looking for tax, accounting and bookkeeping support.
Alison
🔎 Bookkeeping review: Every set of books gets reviewed before using them to prepare your tax return. I'll drill down into your Profit & Loss, check your Balance Sheet for any bodies, and make sure everything's looking good for you and the IRS.
😇 Judgment-free support: Accountants aren't exactly known for their sparkling personalities or bedside manner. We're known for being gruff, grumpy, and grouchy. Not exactly a pleasure to work with. I can't promise to be a pleasure, but I won't judge you for where you're at in your business journey.
Michael was great helping me out with my personal tax filing: professional, responsive, prompt, and his service has a decent online portal. Helped me out with a last minute semi-complicated tax situation. Fair price, solid work, and great customer service.
Justin
🎙️ Recordings: You'll get recordings of all our calls. Rewatch them, run them thru AI, or let them collect dust in our cloud storage. I don't collect, but they're yours. (Just don't try to clone my voice 😅)
✅ Tax-ready books: Tax season is stressful for two big reasons: the April tax bill and getting your books ready. Once we implement a savings plan and get bookkeeping off your plate, it'll be smooth sailing.
🔒 Secure portal & tech stack: Your taxes and financials include a lot of sensitive info. Safeguarding it is mission-critical. All your documents are held in a SOC2 audited secure portal, my accounting software requires two-factor authentication, and I'll never ask for full-access bank logins.
😂 Jokes & stories: I may not be a comedian and you won't see my jokes on TikTok any time soon. But I'll crack a few jokes, tell a few stories, and we'll have a few laughs. At the very least, you won't dread our meetings.
Tax Planning and The SMB
Professional guidance for the modern creative agency.
TAX STRATEGY
We move beyond simple compliance to engineer proactive tax savings for boutique agencies. Our approach focuses on maximizing deductions and optimizing your corporate structure for long-term wealth.
Strategy is the foundation of profit.
CLEAN BOOKS
Precision bookkeeping that provides a crystal-clear view of your agency's financial health. We handle the complex reconciliations so you can focus on scaling your creative output.
Clarity drives confident decisions.
ADVISORY
High-level consultancy that transforms raw data into actionable business intelligence. We act as your fractional CFO, guiding you through growth phases and operational efficiency.
Your growth is our primary metric.
CFO INSIGHTS
Strategic financial oversight that goes beyond the balance sheet. We provide the high-level analysis needed to forecast growth, manage cash flow, and make data-driven decisions for your agency's future.
Visionary leadership for your finances.
How we can work together (and how much that costs)
Catch-Up and After-The-Fact
Starting at $499/mo
get caught up with your delinquent books & taxes, and
You're growing and need someone to handle the bookkeeping drudgery, capture every single write-off, and give you a summary.
- ✓Monthly transaction categorization
- ✓Bank & credit card reconciliation
- ✓Tax ready books
- ✓Self-serve reports
We Do the Heavy Lifting
Starting at $999/mo
never worry about taxes ever again
When you'd like an accountant on call to answer all your tax and accounting questions throughout the year.
- +Everything in 'Tax Essentials' with:
- ✓Summer meeting
- ✓Year-round support & security
- ✓Quarterly estimate reminders & savings plan
- ✓S-corp salary survey
Office
Essential
Starting at $1,499/mo
Monthly bookkeeping, payroll and all income tax returns
This is our Soup-to-Nuts service. We take care of your day-to-day activity, weekly payroll for up to 10 employees, and tax plan for you every quarter.
- ✓Business tax return
- ✓Personal tax return
- ✓Year-end tax review
- ✓Bookkeeping review
Pricing FAQ
What factors affect your pricing?
Pricing depends on:
- your gross revenue
- number of partners
- number of states
- entity type (ie, sole prop, SMLLC, S-corp, partnership)
- general complexity
'Tax Hero' pricing also depends on:
- the number of financial transactions
- the number of financial accounts
- whether you have payroll, loan, or complex transactions
What's the minimum commitment?
Both 'Tax Hero and 'Tax Buddy' packages are 12-month commitments.
'Tax Essentials' is just that season's tax return and a meeting at the end of the year.
Do you prepare à la carte tax returns without a subscription?
Absolutely, Entity returns (Corp, S Corp, LLC and P'Ships) start at $1,200, Individual start at $600. But that won't include any year-round support, check-ups, letter support, or tax consults.
Do you offer one-off consulting calls?
Sure do. You can schedule one here.
Getting started
Step 1. Swipe Right: Personally, I'm a lousy salesman. So I have to believe in connection. Let's have a phone conversation and get to know each other.
We'll talk about your business and goals and a little about the future. If nothing else, it'll get you thinking with direction.
Step 2. Our First Date: If we connect and you'd like to start working together, we'll start the deep dive.
We'll review your tax returns, go through your books at a transactional level, and then schedule two calls to dive deep into all your questions that previous accountants ignored.
At the end, we'll discuss our findings and submit our proposal for your review.
Step 3. Catch up & Clean up: Once you've signed on the dotted line (and paid our first invoice), we'll get started by cleaning up any messiness, like inaccurate books, unfiled taxes, or IRS notices.
Step 4. Smooth Sailing: Finally, we'll get into a monthly rhythm of doing your bookkeeping, updating forecasts, and discussing your agency's finances. We'll have a few tax planning sessions each year, with your return being prepared to start the next year. Before you know it, you won't even remember the time finances stressed you out.
I just got off an hour-long strategy sesh with Michael and I can't be more fricking pleased.
...Anyway, so we had an amazing call where he answered all of my questions, helped me prioritize what to focus on where, and identify and plan to fix my most pressing business financial hiccups. He was so realistic and supportive and did a great job reminding me that 1. I don't need to feel like shit for not having a good handle on this naturally, and 2. that it will take a couple of years to really unravel what's been going on. And. you know what? That's exactly what I needed to hear. ...
If you need intelligent, coherent, and comprehendible tactics and suggestions for how to get your business financials in order, I can do nothing but praise Michael and suggest his expertise to you. You won't regret it.
Unless you want magic.
Then you need to find a magician.
Colleen