Cormier & Rea, Inc.

Our Strength. Your Numbers.

Tax preparation service in Sturbridge, MA (show on map)

4.3

★★★★☆

6 reviews

Professional, experienced, and affordable accounting firm licensed in MA & TX, serving business owners, executives, and independent professionals.

Call (508) 456-0855

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About

Cormier & Rea, Inc. is a licensed accounting firm in Massachusetts and Texas, offering comprehensive accounting services such as small business accounting, bookkeeping, payroll, part-time CFO services, individual and business tax preparation, tax planning, estate & trust tax services, tax relief, IRS audit representation, non-filed tax returns, back taxes owed, payroll tax problems, and IRS payment plans. The firm serves industries including construction, dentists, hospitality, and law firms.

Licensed in both Massachusetts and Texas

Experienced team with diverse credentials (EAs, CPAs, Certified Financial Planner™)

Broad range of services from bookkeeping to part-time CFO

Industry-specific expertise (construction, dentists, hospitality, law firms)

Tax relief and IRS audit representation

Services

Small Business Accounting

We help you take control of your finances so you can focus on your business.

Generate reports and analyze financial data Evaluate cash flow and improve profitability Prepare budgets Strategic tax planning and financial forecasting Accounting systems set-up, Chart of Accounts and General Ledger Internal controls for fraud prevention Quarterly, monthly, and annual financial statements Use and sales tax processing Profit statements and balance sheets Custom financial reports Business tax returns Outsourced CFO services

Bookkeeping Services

Accurate bookkeeping is essential to your company's long-term viability.

Accounts payable (entry, bill paying) Accounts receivable (entry, invoicing, deposits, collection) Bank Reconciliations Inventory management Bookkeeping clean up General ledger Tax forms (1099s, 1065) Payroll processing Outsourced bookkeeping

Payroll Services

We offer payroll solutions that meet your business's needs.

Payroll processing Tax withholding calculations Direct deposit setup Employer tax filings Compliance reporting

Part-Time CFO Services

Our Part-Time CFO Service gives you a professional financial manager.

Strategic financial planning Cash flow management Financial forecasting Investment analysis Board reporting

Individual Tax Preparation

Comprehensive tax services that maximize deductions and credits.

Standard and itemized deductions Credit identification (e.g., Earned Income Tax Credit) Refund maximization strategies Electronic filing options

Tax Preparation for Businesses

Comprehensive tax services for businesses, including corporations and partnerships.

Corporate tax returns (Form 1120) Partnership tax returns (Form 1065) S Corporation tax returns (Form 1120S) Quarterly estimated tax filings Tax planning for business growth

Credentials & Certifications

Enrolled Agent

Certified Public Accountant

Certified Financial Planner™ practitioner

Masters of Taxation

Bachelors in Business Administration (Accounting concentration)

Masters in Business Administration

Lean Six Sigma Certified

Reviews

Rating

4.3

★★★★☆

Reviews

Frequently Asked Questions

What is an Enrolled Agent? +

An Enrolled Agent is a federally authorized tax practitioner who has technical expertise in taxation and represents taxpayers before the IRS.

How does outsourcing bookkeeping benefit my small business? +

Outsourcing bookkeeping allows business owners to focus on core operations while ensuring accurate, up-to-date financial records, reducing errors, and providing access to professional expertise.

What industries does Cormier & Rea, Inc. serve? +

Cormier & Rea, Inc. serves construction, dentists, hospitality, and law firms, among others.

What is the difference between a Certified Public Accountant (CPA) and an Enrolled Agent (EA)? +

A CPA is licensed by a state board of accountancy and can perform a wide range of accounting services, while an Enrolled Agent is federally licensed to represent taxpayers before the IRS and specializes in taxation.

How can tax relief services help with IRS audit representation? +

Tax relief services provide professional representation during IRS audits, ensuring accurate documentation, communication with the IRS, and strategies to minimize penalties.

What are the benefits of part-time CFO services? +

Part-time CFO services offer strategic financial planning, cash flow management, and investment analysis without the cost of a full-time CFO, helping businesses grow and make informed financial decisions.