Which state should I seek out a CPA?

Question

Hi All - Looking for advice on where to start with CPAs.

I am a member of a multi-member LLC registered in Texas, I own properties in Oklahoma, and I live in North Carolina.

I have W-2 Income in 5 different states due to frequent travel.

My question is do I need a CPA in Texas and Oklahoma for the LLC? Or can one CPA handle my Oklahoma and Texas business activities? Can one CPA handle all of this, personal and business?

Also will my CPA be able to assist with sending out 1099s to contractors? Or do I need to take that activity up myself?

Thank you in advance!

Michael Plaks · Answer

@Benton Pruitt

Which state? I would recommend avoiding CPAs who are in a state of confusion. Most other states will do.

One CPA will handle all state filings for you. It does not really matter where your accountant is located, most of us work nationwide. Just make sure that yours is comfortable with NC and OK state rules.

Sending 1099s is a simple task as long as you have the contractors' information. You can either pay your CPA to do it for you or do it yourself.

Nate Meeker · Answer

@Benton Pruitt The location of your CPA isn't as crucial as their experience with real estate. Many CPAs on this forum have clients and properties across the U.S.

As for your other questions, I agree with @Michael Plaks

Account Closed · Answer

We have over 6000 clients, many of which are not in the state we have our office.  We primarily work with folks investing in real estate. Please consider giving us a look! taxwisecorp.com

Benton Pruitt · Answer

Thank you all! Glad to hear that I can handle everything through one accountant!

Russell Brazil · Answer

Doesnt matter where they are located

Basit Siddiqi · Answer

You likely have to file a Federal, Oklahoma and potentially Texas partnership return.One CPA should be able to handle everything.It would be inefficient to have multiple accountant's doing this return.

Which state should I seek out a CPA?

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