Shockley Tax Advisory

Business Details

Trusted Tax Advisory Services for Individuals and Businesses

Shockley Tax Advisory is a boutique CPA firm dedicated to providing comprehensive tax preparation and strategic planning services for individuals and small to medium-sized businesses. With over a decade of experience at top-tier firms like PricewaterhouseCoopers, Deloitte, and Ernst & Young, our founder, Kimberly A. Shockley, CPA, brings deep expertise in tax law, R&D tax credits, and audit defense to every client engagement. We specialize in proactive tax strategies that minimize liabilities while maximizing after-tax income through continuous education on evolving tax regulations. Our personalized approach combines Big 4 experience with tailored financial planning for healthcare professionals and startups, emphasizing long-term client relationships and transparent communication.

We maintain strict adherence to the AICPA Code of Professional Conduct, ensuring integrity and due care in all services, including income tax strategy, practice overhead analysis, and customized accounting solutions. Our commitment to excellence is demonstrated through meticulous return preparation, electronic filing capabilities, and strategic year-round tax planning to optimize financial outcomes for our clients.

Services

Tax Preparation Tax Planning Audit Defense R&D Tax Credits Startup Consulting Practice Overhead Analysis Accounting Services Wealth Planning Estate Tax Reduction Retirement Planning

Highlights and features

We offer 10+ years of Big 4 tax experience in R&D credits and audit defense
Our personalized strategies reduce tax liabilities through year-round planning
Specialized financial planning for healthcare professionals and startups
We maintain AICPA Code of Professional Conduct compliance for ethical standards
Proven track record helping clients maximize after-tax income through strategic planning

Website

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Services

Tax Preparation

Professional tax return preparation with multi-layer quality checks to identify potential IRS issues. We utilize advanced software for mathematical accuracy verification and electronic filing capabilities to expedite refunds. Our process includes personalized withholding adjustments to optimize cash flow and comprehensive deduction reviews to ensure maximum tax benefits for both individuals and businesses.

Tax Planning

Proactive year-round tax planning focused on minimizing liabilities through legal strategies. We implement income splitting techniques, timing adjustments for income/expense recognition, and tax-deferred investment vehicles. Our approach includes customized strategies for estate, gift, and retirement tax optimization while maintaining compliance with evolving tax regulations through continuous professional education.

R&D Tax Credits

Specialized identification and documentation of research and development tax credits for businesses. We conduct comprehensive studies to quantify qualifying activities in technical fields, particularly for energy sector companies. Our methodology ensures proper documentation for audit defense while maximizing available credits through detailed analysis of development processes and expenditures.

Practice Overhead Analysis

Detailed financial performance evaluation for healthcare professionals. We compare practice metrics against industry benchmarks and provide actionable recommendations for operational improvements. Our analysis includes customized financial statements that highlight key performance indicators and cost drivers specific to medical practices, enabling data-driven decisions for increased profitability.

Startup Consulting

Strategic guidance for new businesses including entity structure selection and accounting system implementation. We develop tailored business strategies through market analysis and capability assessments, focusing on sustainable growth and competitive positioning. Our services include turnaround consulting for underperforming ventures and strategic plan execution management to ensure implementation success.

People

Kimberly A. Shockley

Owner, CPA

Former Big 4 tax senior manager with 10 years of experience in R&D tax credits and audit defense. Specializes in tax strategy for healthcare professionals and startups. Holds MBA and BA in Journalism from Texas A&M, with advanced degrees in French and accounting.

Questions

What tax services do you specialize in?

We specialize in tax preparation, strategic planning, R&D tax credits, audit defense, and customized solutions for healthcare professionals and startups.

How do you help reduce tax liabilities?

Through proactive strategies like income timing, tax-deferred investments, and entity structuring while maintaining full compliance with current regulations.

What experience do you have with healthcare professionals?

We provide tailored financial planning and practice analysis specifically designed for medical professionals' unique tax situations and business needs.

Can you assist with startup businesses?

Yes, we help startups with entity selection, accounting systems implementation, and strategic planning for sustainable growth and profitability.

What sets you apart from other tax firms?

Our combination of Big 4 expertise, personalized service, and specialized knowledge in healthcare and startup sectors delivers unique value to clients.

Reviews (6)

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Haruko Harrington

Aug 19, 2021 Report

I LOVE Ms. Shockley! She has been preparing my Airbnb taxes for several years now and I am so grateful to have found her. She always makes me feel comfortable and answers all of my questions patiently (I ask a lot of questions). I highly recommend her!

Maria Courson

Jun 08, 2021 Report

She is phenomenal! We've filed our 1120S and personal 1040s with her for 3 years now. Even though she has a life and troubles of her own, she takes care of my business thoroughly. All through 2020 (a scary and confusing year) she was sending all her clients speedy updates about government assistance and the different pitfalls of loans to apply to. Outside of the pandemic, I had lots of questions about retirement accounts and tax forms to use for our nanny and she responds so quickly. My little business doesn't make crazy money, but her fee is well worth her service and the peace of mind! P.S. My mortgage banker was very impressed with her paperwork too.

Leon Lucas Vasgoya

Dec 26, 2019 Report

My 1st time here and it was incredible. She is very helpful, going the extra mile with suggestions and clear explanations of the reasons for why she was doing what she was doing. We left feeling confident we'd filed correctly and we would make smart financial decisions through this year to maximize our benefits. My wife and I will definitely return year after year.

Fi Connors

Jan 21, 2019 Report

I cannot rate Kimberly of Shockley Tax Advisory strongly ENOUGH. If there were 10 Google stars. she would get them. In dealing with our complex tax issues, Kimberly made everything clear, succinct, and do- able. No question on our part too small, too inexperienced or mundane. Kimberly was trustworthy, professional and thorough in her dealings with us from start to finish. What a joy to have such an expert CPA to rely on. We will be on her book of business for MANY years to come. Thank you Kimberly

Mitun Sinha

Jan 03, 2019 Report

We had an urgent tax crisis that Kimberly guided us through effortlessly, expertly and gently, for a reasonable price too. In the process, she saved us many thousands of dollars, as well as from quite a bit of panic. She was thorough, professional, completely knowledgeable and a pleasure to work with, and has been reachable and responsive throughout. She will be our go-to tax professional every year going forward, thanks for the peace of mind!

Michael Rogers

Dec 10, 2017 Report

I recently hired Shockley Tax Advisory to help me with an issue in the state of Texas. I own a small company (15 employees) and the State of Texas claimed we owed $180,000. Since we had one employee in the state for a short amount of time, we knew the bill was way off base. After a recommendation, I hired Shockley Tax Advisory. I was able to speak with Kimberly Shockley personally about our issue.

From the first phone call to the completion of the work, Kimberly was knowledgable, professional, and on top of the case. Kimberly solved a 7 year old issue within 5 weeks. I would not hesitate to recommend her to anyone in or out of Texas.