Business Details
Trusted CPA Services in Portland, Maine
Honeck O'Toole is a Portland, Maine-based CPA firm dedicated to providing personalized tax and financial services to individuals and businesses. With over 30 years of experience, our team of certified professionals prioritizes client relationships, offering responsive service, reliable guidance, and clear financial strategies tailored to each client's unique needs. We specialize in federal and Maine state tax preparation, financial planning, business accounting, and retirement strategies, ensuring clients maximize savings while minimizing liabilities.Our commitment to innovation and client-centric solutions has earned us long-term trust, with many clients relying on our expertise for decades. We pride ourselves on accessibility, returning calls and emails promptly, and providing detailed instructions for tax filings and financial management. Client testimonials highlight our ability to simplify complex financial matters, making us a preferred choice for those seeking expert, empathetic accounting services.
Services
Tax Preparation
Financial Planning
Business Accounting
Retirement Planning
IRS Representation
QuickBooks Support
Estate Planning
College Funding Strategies
Tax Return Filing
Financial Consultation
Highlights and features
- We offer 30+ years of experience in tax and financial services.
- Our team provides responsive service with 1-business-day response guarantees.
- We deliver reliable, timely accounting solutions for individuals and businesses.
- Our clear instructions simplify complex tax and financial processes.
- We maintain long-term client relationships built on trust and expertise.
Associations and certifications
- CPAs
What people say
Trusted financial advisors
Responsive and professional team
Simplified complex tax processes
Long-term client relationships
Personalized financial strategies
Services
Tax Preparation
We prepare and file federal and Maine state tax returns for individuals and businesses, ensuring compliance while identifying deductions to minimize liabilities. Our CPAs analyze income, investments, and business expenses to optimize tax outcomes. Clients receive clear guidance on payments, deadlines, and record-keeping requirements.
Financial Planning
Our financial planning services cover retirement strategies, college savings, estate planning, and cash flow management. We create customized roadmaps to help clients achieve long-term goals, balancing tax efficiency with investment growth. Regular reviews ensure plans adapt to life changes and regulatory updates.
Business Accounting
We assist businesses with accounting system design, financial statement preparation, and IRS representation. Services include QuickBooks setup, payroll processing, and advisory for mergers or financing. Our focus is on simplifying financial operations while maximizing profitability and compliance.
Retirement Planning
We develop retirement plans tailored to individual needs, covering IRA optimization, Social Security timing, and tax-efficient withdrawals. For business owners, we implement SEP or Solo 401(k) plans. Our strategies aim to ensure financial security while minimizing tax burdens during retirement years.
IRS Representation
Our team represents clients during IRS audits or disputes, providing documentation support and negotiation expertise. We clarify tax liabilities, file appeals when needed, and establish payment plans. This service ensures clients navigate complex IRS processes with professional advocacy and reduced stress.
People
Joyce Broadwater
Partner
Joyce has provided accounting and tax services since 1988, specializing in QuickBooks, retirement plans, and business startups. She became a shareholder in 2009 and focuses on client-centric financial solutions.
Peter Callnan
Partner
Peter offers tax and estate planning expertise with over 30 years of experience. He joined the firm in 1992 and specializes in serving small businesses and individuals with complex financial needs.
John Lydon
Practice Manager
John manages client operations and QuickBooks support. He joined in 2010 after graduating from Skidmore College, combining IT problem-solving with accounting services for business clients.
Kathy DeFilipp
Office Manager
Kathy oversees front-office operations and client scheduling. With expertise in Microsoft Office and customer service, she ensures smooth administrative support for all client interactions.
Kelly Busby
CPA and Attorney
Kelly specializes in trust taxation, estate planning, and business law. As a dual-qualified CPA and attorney since 2007, she provides integrated legal and tax solutions for high-net-worth clients.
Questions
What tax services do you offer?
We prepare federal and Maine state tax returns for individuals and businesses, including complex filings for self-employed clients and small businesses.
Do you provide financial planning for retirees?
Yes, we create customized retirement plans covering tax-efficient withdrawals, Social Security optimization, and estate planning strategies.
Do you work with out-of-state clients?
Yes, while based in Maine, we serve clients nationwide through virtual consultations and document-sharing platforms.
What accounting support do you offer businesses?
We provide QuickBooks setup, financial statement preparation, IRS representation, and advisory services for business growth and compliance.
How do you handle IRS audits?
Our team represents clients during audits, preparing documentation, negotiating liabilities, and ensuring compliance with tax regulations.
Reviews (2)
M. R.
Jan 03, 2012
Report
I had a frustrating series of experiences with Honeck O'Toole. My small business was charged a lot of money, suffered through some costly miscommunications, and year after year received conflicting advice and less than friendly treatment. Staff turnover seems to be high, which has made consistency an issue. When one of the firm's principal CPAs made a significant error on my return (and subsequently left the firm),I was then charged for the time another CPA there spent fixing it. Bottom line is that this is an expensive firm that seems to have internal troubles and is not, as it advertises, a place "where people count."
Maren P.
Sep 22, 2011
Report
If you want to pay way too much for very poor service, this is the firm for you! They forgot basic deductions, never answered simple questions. I expected simple things, like a summary of how my taxes were prepared and recommendations for the future, and this firm provided nothing more than completing my taxes, just the same as I could have in 2 hours using Turbo Tax.
