Tax Services - McCarthy, Rose & Mills, LLP

Most CPA firms file your return and call it a year. MRM builds a tax strategy that follows your decisions, not the other way around.

THE REAL PROBLEM

The Four Gaps That Cost You Money Every Year

Most people with complex financial lives share the same frustration. They know they should be doing more with their tax strategy, but they cannot pinpoint where the gaps are.

Decision Blind Spots
Major decisions made without tax awareness

A real estate purchase, a compensation restructure, a business sale. By the time your CPA sees it, the options have already narrowed.

Reactive Planning
Planning happens too late to matter

Planning happens in March when it should have happened last July. The difference between proactive and reactive planning compounds over time, and the cost rarely shows up on a single return.

Compliance as Ceiling
Filing accurately is the floor, not the finish line

Your return gets filed correctly. That is the floor. The real value lives above it in forecasting, entity optimization, and income timing. Most firms stop at the floor.

Uncoordinated Advisors
Good advisors working in isolation

Your CPA, financial advisor, estate attorney, and payroll provider all do good work on their own. But they rarely talk to each other. The gaps between them are where the most expensive mistakes live.

The Result: Clarity across every decision. Proactive strategy year-round. Fully coordinated advisors. Stronger after-tax outcomes over time.

A CPA Firm Built for Strategy, Over 60 Years of Tax Expertise

MRM CPAs and Advisors was established in 1963 as a multi-generational CPA practice. Tax is the foundation of everything we do.

We are CPAs who understand wealth. That distinction matters. Many wealth management firms bolt on tax services as an afterthought. We built the other direction. Our fiduciary culture and deep tax expertise came first, then we extended into wealth management, estate planning, and business advisory.

This heritage gives us what we call “tax-intelligent DNA.” Every strategy we design starts with the tax implications, because that’s where the biggest opportunities and the biggest risks tend to hide.

OUR APPROACH

How MRM Delivers Tax Value Beyond Compliance

Our integrated tax model is built on three pillars. Each one addresses a specific gap that traditional CPA firms leave open.

Tax Alpha

Proactive Optimization That Adds Measurable Value

When planning happens before December, options expand. When it happens in March, they shrink. We build proactive forecasts, model income timing, optimize estimated payments, and run year-end mitigation scenarios before the window closes.

Includes: Proactive planning and forecasting, income timing and deferral strategies, estimated payment and withholding guidance, year-end mitigation modeling.

Structural Integrity

Coordinated Execution Across Every Domain

We optimize the things that drive results before they become expensive to change. Your CPA, wealth advisor, and insurance specialist participate in the same strategic meetings, ensuring a full view of your financial life.

Covers: Core compliance, ongoing planning, business strategy, high-income planning, investment and real estate tax, estate and gift strategy, IRS representation, specialty tax.

Simplicity and Clarity

One Team, One Portal, Year-Round Visibility

Your most valuable asset is your time. We give it back to you. A dedicated portal gives you a single view of all financial documents. One team coordinates every aspect of your financial life.

Delivers: Dedicated client portal, team-driven coordination, year-round advisory access, mental freedom to focus on what matters most.

WHAT WE DO

Full List of MRM Tax and Accounting Services

Core Tax Compliance

Individual income tax returns
Business tax returns (S corp, C corp, partnership, multi-entity)
Trust and estate returns
Nonprofit filings (990 series)
State and local tax filings
Amended returns, extensions, and estimated tax payments

Ongoing Tax Advisory and Planning

Proactive tax planning and forecasting
Estimated payment optimization
Income timing and deferral strategies
Entity structure optimization
Compensation planning (W-2 vs. K-1 vs. distributions)
Retirement contribution planning
Year-end tax mitigation strategies

High-Earner and Complex Income Strategies

Equity compensation planning (RSUs, ISOs, NSOs)
Capital gains planning
Liquidity event planning
Alternative minimum tax analysis
Charitable giving strategies including donor-advised funds
Trust-based tax minimization strategies
Opportunity zone analysis

Business Owner Tax Services

Entity selection and restructuring
Reasonable compensation studies
Owner compensation and distribution planning
Pass-through deduction analysis (Section 199A)
Business succession tax planning
Mergers and acquisitions tax planning
Exit and sale tax modeling

Investment and Wealth-Related Tax Services

Capital gains and loss harvesting (short-term, long-term, and direct indexing)
Tax-aware investment coordination
Direct indexing and systematic loss strategies
Real estate tax planning and 1031 exchange coordination
Passive activity and real estate professional analysis

Estate and Legacy Planning

Estate and gift tax planning
Trust strategy coordination (simple, complex, dynasty, SLAT, GRAT, revocable, irrevocable, charitable remainder)
Wealth transfer strategies
Family limited partnership and LLC planning
Multi-generational planning and foundation planning
International tax planning
Form 1041 filing

IRS and State Representation

IRS notices and correspondence
Audit support and representation
Appeals support and penalty abatement
Payment plan negotiation
Back tax resolution

Specialty and International Tax

International tax compliance and planning
Expat and foreign income reporting
Foreign national tax strategy
FBAR and FATCA filings
Cryptocurrency tax reporting
Payroll tax compliance
Sales and use tax consulting

Accounting, Reporting, and Audit Services

Bookkeeping and reconciliations
Monthly close and financial statements
Management reporting
Multi-entity accounting and job costing
Cash flow forecasting and budgeting
Audits, reviews, and compilations
Agreed-upon procedures and employee benefit plan audits
Due diligence
Technology and systems support (QuickBooks Online, Bill.com)

What You Can Expect as an MRM Tax Client

When you engage us, you gain a long-term partner who will champion your financial success through all of life’s stages.

Our advice is objective and planning-first.
We operate with full transparency.
We uphold the CPA standard of integrity.
We stress-test major decisions before they are finalized.
We focus on after-tax outcomes.
We are proactive all year, including tax season.
We eliminate unnecessary surprises.
We respect your time.

OUR TEAM

Tax Department Leadership

Robert McBride

CPA

Marianne McDonald

CPA, RICP

Abby Arnold

CPA

“MRM CPA’s are the best in the business! I have had many needs over the years whether with my own business and now my personal needs. Every person I have spoken with at MRM, from the receptionist to the advisors and CPA’s have been extraordinary in handling my accounting needs. Competent, knowledgeable, and generous with their time. Instructions are always spelled out clearly and accurately. Thank you!”
– Mark & Brenda B.

“MRM CPAs and Advisors showed understanding and patience as I navigated the annual audit for my organization. They were always available and provided real-time answers to my questions.”
– Tony M.

“I like the new management and the current staff. We are a small family business that has 20 years plus experience working with MRM and have never been disappointed with the service.”
– Sam E.

COMMON QUESTIONS

Frequently Asked Questions About MRM Tax Services

What makes MRM different from other CPA firms?

MRM was established in 1963 as a multi-generational CPA practice. Tax is the foundation of everything we do. Many wealth management firms add tax services as an afterthought. MRM built the other direction: deep CPA expertise came first, then wealth management, estate planning, and business advisory grew from that foundation.

What is a planning-first tax strategy

A planning-first tax strategy means modeling decisions and forecasting outcomes before year-end, rather than reacting to what already happened during tax season. When planning moves earlier in the year, options expand and the long-term financial impact compounds.

What types of clients does MRM serve?

MRM works with business owners and individuals, corporate executives with complex compensation, and multigenerational families navigating wealth transfer. Our clients typically have complex financial lives where tax strategy needs to be coordinated across business, investments, estate planning, and compliance.

What is Tax Alpha?

Tax Alpha is the measurable value added to a portfolio through proactive, year-round tax optimization. It includes strategies like income deferral, loss harvesting, estimated payment optimization, and bracket management. MRM’s integrated approach can contribute to generating up to 73% more wealth over a 20-year period.

What is the MRM Tax Diagnostic Review?

The Tax Diagnostic Review is a comprehensive analysis of your current returns, entity structure, and planning gaps. It requires no commitment and provides a specific, quantitative analysis of opportunities and risks in your current tax structure.

Does MRM handle IRS audits and notices?

Yes. MRM provides full IRS and state representation including audit support, appeals, penalty abatement, and payment plan negotiation.

Where is MRM located?

MRM CPAs and Advisors is located at 3001 Dallas Pkwy #750, Frisco, TX 75034.

How do I get started with MRM?

The first step is a Tax Diagnostic Review. It requires no commitment and provides a confidential analysis of opportunities and risks in your current tax structure. From there, MRM designs a coordinated strategy, followed by ongoing proactive advisory.

Tax ServicesTax Strategy for Business Owners, Executives, and Families