Corales & Roberts CPAs

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Corales & Roberts CPAs No annoying advisory and financial lingo. Just straight, authoritative and friendly advice. Visit us: www.coralesroberts.com
Or give us a call: (859) 276-4552

At Corales & Roberts CPAs PSC we treat our clients like family. Our team strives to provide top notch services and do so efficiently, answering questions along the way as well. We are excited to use our knowledge and experience to help you. Corales & Roberts provides accounting and bookkeeping, payroll, CFO Advisory, business tax planning and preparation, and individual tax planning services. Let us know how we can help you!

Managing business taxes involves more than preparing and filing a tax return. Many of the most common tax-related challe...
10/13/2026

Managing business taxes involves more than preparing and filing a tax return. Many of the most common tax-related challenges begin with everyday business practices that can often be improved with better planning and organization. The good news is that many of these issues are preventable with consistent financial habits and regular review.

Read more here: https://smpl.is/an731

The deadline to file for an extension is October 15. If you haven’t filed yet, now is the time to get it done! Returns t...
10/07/2026

The deadline to file for an extension is October 15. If you haven’t filed yet, now is the time to get it done! Returns that aren’t filed by the deadline may be subject to a failure-to-file penalty.

October is also a great time to take a look at your tax withholdings and make sure they’re still on track. If adjustments are needed, we’re here to help.

Don’t wait until the end of the year to review your tax situation. A little planning now can make a big difference later.

Growing a successful business rarely happens because of one major decision. More often, it is the result of consistent h...
10/07/2026

Growing a successful business rarely happens because of one major decision. More often, it is the result of consistent habits that help business owners stay organized, make informed decisions, and adapt as their business evolves. While every business faces unique opportunities and challenges, certain practices can create a stronger foundation for long-term success.

Read more here: https://smpl.is/an72w

10/03/2026

Let's be real. Sometimes you need to take money out of the business, and that's okay.

If you own a C corp, just know a dividend may not be your only option, and it's not always the cheapest one tax-wise. A few other ways to think about it:

1️⃣ Get repaid for money you've loaned the business
2️⃣ Borrow from the business (with real paperwork)
3️⃣ Adjust your pay or take certain benefits
4️⃣ Rent property or equipment to the business
5️⃣ Sell property to the business

Not sure which one fits? If you're thinking about making a move before the year wraps up, we're always here to chat.

09/25/2026

Small Business Insurance - What is Workers Compensation?

Watch Our Video and Contact Us for a Consultation Today - https://smpl.is/ambkn

What if the biggest threat to your business isn’t a lack of customers?Sometimes the warning signs are much quieter: cash...
09/23/2026

What if the biggest threat to your business isn’t a lack of customers?

Sometimes the warning signs are much quieter: cash flow starts getting tighter, profit margins shrink, payroll becomes harder to cover, or another tax bill comes as a surprise.

None of those things necessarily mean your business is failing. But they can be signs that something needs attention.

The problem is, if no one is looking at your numbers until tax time, you may not see those warning signs until there are fewer options left.

That’s where proactive financial support can make a difference. Regularly reviewing your numbers can help you spot trends, plan ahead, and make decisions based on where your business is today, not where it was a year ago.

So ask yourself: Are you getting information about your business when you can still do something with it?

Here's a closer look at the warning signs to watch for and what proactive financial support can actually look like for a small business owner.

Most small businesses don’t close because the idea was bad. They close because of financial blind spots that no one was watching closely.

Payroll looks simple until something small slips through. A W-4 entered wrong, a deposit made a few days late, a bonus t...
09/18/2026

Payroll looks simple until something small slips through. A W-4 entered wrong, a deposit made a few days late, a bonus that never got added to taxable wages. None of it feels like a big deal in the moment.

Then the penalties show up, and some of them scale fast.

Swipe through for a few of the mistakes we see most often, and what to do if you've already made one.

Questions about your own payroll setup? Our team is happy to take a look.

QuickBooks is known for simplifying accounting, but many business owners barely scratch the surface of its tracking capa...
09/17/2026

QuickBooks is known for simplifying accounting, but many business owners barely scratch the surface of its tracking capabilities. Two underused features—tags and custom fields—can turn your bookkeeping into a powerful data-analysis system

Read more here: https://smpl.is/ambkl

September 15 is a big tax deadline: Estimated tax payments are due, and some business tax returns that were extended are...
09/11/2026

September 15 is a big tax deadline: Estimated tax payments are due, and some business tax returns that were extended are also due.

A few other tax reminders to keep on your radar this month:

If you missed a tax deadline, now is the time to take care of it. Filing sooner can help prevent additional penalties and interest from adding up.

And if you receive a notice from the IRS, don’t ignore it. IRS notices aren’t always bad news, and sometimes a notice is sent before a recently filed return has been fully processed. If you receive something in the mail and aren’t sure what it means or what to do next, reach out to us.

Effective tax planning begins long before tax returns are prepared. One of the most valuable steps a business owner can ...
09/09/2026

Effective tax planning begins long before tax returns are prepared. One of the most valuable steps a business owner can take is maintaining organized, accurate records throughout the year. Good recordkeeping not only simplifies tax preparation, but it also provides the information needed to make informed decisions and identify potential planning opportunities.

Read more here: https://smpl.is/ambkj

Address

163 Dennis Drive
Lexington, KY
40503

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 4:30pm

Telephone

+18592764552

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