SEC. 01.0 // DISCIPLINED FIDUCIARY
AICPA MEMBER FIRM | LIC. #CPA-48920-F
01
Fiduciary Tax & Corporate Accounting

Methodical financial stewardship for enterprises and private wealth.

For more than 25 continuous years, Fairbank & Co. has delivered unyielding accounting accuracy, proactive corporate tax structuring, and audit-proof IRS defense. We operate strictly as licensed fiduciaries—guaranteeing total precision and transparent governance.

25+
Years Continuous Practice
100%
Licensed CPAs & EAs
$420M+
Client Capital Advised
Fairbank & Co. certified public accounting consultation environment
Partner Direct Oversight • Every Engagement
INDEX: ARCHIVE // 1999-2025 STATUS: ACCREDITED
Verification & Accreditation ACTIVE STANDING
  • State Board Registration: #MA-CPA-99201-B
  • IRS Circular 230 Practitioner: Enrolled & Certified
  • AICPA Peer Review: Pass with No Deficiencies
Strict non-disclosure and institutional-grade data security protocols.
+ SEC_02 // PRACTICE SCOPE

Methodical Accounting & Strategic Tax Practice

Structured by client division to ensure rigorous regulatory compliance, proactive tax positioning, and uninterrupted fiscal clarity.

DIV_01

Small Business & Entity Operations

C-CORP // S-CORP // LLC // PARTNERSHIPS
01.10 MONTHLY / QTR

Full-Cycle Bookkeeping & General Ledger

Accrual and cash-basis reconciliations, customized chart of accounts, fixed asset depreciation schedules, and monthly management reporting.

  • / GAAP-Compliant Ledger Maintenance
  • / Balance Sheet & P&L Statements
  • / Multi-Account Bank Reconciliation
01.20 BI-WEEKLY / MONTHLY

Payroll Administration & Multi-State Compliance

Turnkey wage processing, automated tax withholdings, executive compensation handling, and complete federal, state, and local filings.

  • / Form 941, 940 & State Withholding
  • / Year-End W-2 & 1099-NEC Filings
  • / Nexus & Remote Employee Compliance
01.30 ANNUAL & QUARTERLY

Entity Tax Structuring & Form 1120 / 1120-S / 1065 Preparation

Comprehensive federal and multi-jurisdictional return preparation paired with active quarterly estimates, R&D credits, and Section 179 optimization.

OUTPUT: K-1 Distribution Schedules
ANALYSIS: State Apportionment Review
DELIVERY: Secure Client Vault Transfer
DIV_02

Private Client & Individual Tax

FORM 1040 // 1041 // 709
02.10 COMPLEX RETURNS

Executive & High-Net-Worth 1040 Preparation

Tailored filing strategies addressing equity compensation (RSUs, ISOs, NSOs), rental real estate portfolios, passive loss limitations, and multi-state income.

  • / Alternative Minimum Tax (AMT) Modeling
  • / Schedule E & Real Estate Professional Status
02.20 FIDUCIARY & GIFT

Trust, Estate & Gift Tax Compliance

Fiduciary tax return preparation for complex and simple trusts, distributable net income (DNI) calculations, and lifetime gift tax reporting.

  • / Form 1041 Fiduciary Filings
  • / Form 709 United States Gift Tax Returns
DIV_03

Advocacy & IRS Representation

DIRECT CPA REPRESENTATION (FORM 2848)
DEFENSE // 03.1

Audit Defense & Field Inquiries

Full power-of-attorney representation before the IRS Exam Division and state departments of revenue. We handle all examiner inquiries directly.

RELIEF // 03.2

Penalty Abatement Requests

First-Time Penalty Abatement (FTA) petitions and statutory Reasonable Cause presentations to reverse substantial failure-to-file and late-payment penalties.

RESOLUTION // 03.3

Unfiled Returns & Collections

Reconstruction of historical books, back-tax filings, Installment Agreement negotiations, and Offers in Compromise (OIC) evaluations.

Direct Practitioner Priority Service (PPS) Hotline Access
Inquire About Audit Representation
[ 03 ] // PRINCIPAL LEADERSHIP LAT 42.3601° N

Direct partner oversight on every engagement.

Our practice rejects the leveraged pyramid model. Client files are architected, reviewed, and defended directly by licensed CPAs with active regulatory standings.

REF: PRT-01 // TAX-DIRECT
Arthur Fairbank, Managing Partner, CPA
MP-01
Managing Partner · Senior Tax Counsel

Arthur E. Fairbank, CPA

28 Years in Practice · Former Senior Tax Manager at Big Four

Arthur leads the firm’s tax controversy and corporate structuring advisory. He routinely represents closely-held operating companies and multi-tier partnerships before IRS examination divisions and state taxing boards.

Core Advisory Sectors
Precision Manufacturing Commercial Real Estate Family Offices
Verified Credentials Active / Standing
State License No.
CPA #28491-MA (Renewed 2024)
AICPA Standing
Member #0488219 (Tax Section)
Federal Authorization
IRS Circular 230 Qualified
Education
M.S. Taxation, Bentley University
REF: PRT-02 // ATTEST-ACC
Eleanor Vance, Partner, CPA, ABV
PT-02
Partner · Financial Reporting & Attest

Eleanor M. Vance, CPA, ABV

19 Years in Practice · Accredited in Business Valuation (ABV)

Eleanor directs the accounting and assurance wing. She specializes in GAAP-compliant financial reporting, multi-entity payroll infrastructure, and entity restructuring for high-growth service organizations and medical practices.

Core Advisory Sectors
Healthcare & Medical Groups Professional Services Software & B2B SaaS
Verified Credentials Active / Standing
State License No.
CPA #34190-MA (Renewed 2024)
AICPA Standing
Member #0799304 (FVS Section)
Specialty Credential
ABV (Accredited in Business Valuation)
Education
B.S. Accounting, Boston College
PEER REVIEW RATING: PASS WITHOUT DEFICIENCY (AICPA Peer Review Program, 2023)
ALL LICENSES VERIFIABLE VIA MASS.gov / DIVISION OF OCCUPATIONAL LICENSURE
SCHEDULE REF: 2025-STATUTORY COORD: 41.8781° N, 87.6298° W

Statutory Filing Schedule & Key Compliance Deadlines

Methodical calendar tracking for federal, state, and payroll statutory reporting obligations to protect capital and prevent statutory penalties.

[PRACTICE DIRECTIVE / TIMELINESS]
“Precision in tax compliance is not merely about meeting dates; it is the discipline of creating strategic lead time so no financial decision is ever rushed under statutory duress.”

Arthur E. Fairbank, CPA

Senior Managing Partner

EST. 1994

Safe Harbor Calculation Standard

Estimated quarterly obligations require 100% of prior-year liability or 110% for high-income thresholds ($150,000+ AGI) to eliminate interest assessment.

IRC SEC. 6654(d) COMPLIANT PROTOCOL

CLIENT ACTION DIRECTIVE VER. 2025.1

All supporting books, trial balances, and 1099 compilation sets must be uploaded to the Fairbank secure portal a minimum of 21 business days prior to statutory deadlines.

IRS CIRCULAR 230 STANDARDS
01 / JAN 31 JANUARY 31 W-2 & 1099-NEC

Annual Information Returns & Contractor Wage Reporting

Form 1099 / W-2

Mandatory deadline to file Form 1099-NEC with the IRS and furnish copy B statements to non-employee service providers. Recipient copies for W-2 forms must be dispatched.

Applies to: All Employers & Operating Entities Penalty: IRC § 6721/6722
02 / MAR 17 MARCH 17 S-CORP & LLC

Partnership & S-Corporation Statutory Income Tax Returns

Form 1065 / 1120-S

Statutory deadline to file calendar-year partnership and S-Corp tax returns or file Form 7004 for an automatic 6-month extension. Schedules K-1 must be issued to partners/shareholders.

Applies to: Multi-member LLCs, S-Corps, Partnerships Extension Form: 7004
03 / APR 15 APRIL 15 PRIMARY CLOSE

Individual Returns, C-Corps & Q1 Estimated Vouchers

Form 1040 / 1120 / 1040-ES

Individual 1040 filings and C-Corporation 1120 filings due. Final deadline for 2024 IRA/HSA funding contributions. Q1 2025 estimated tax payment voucher due. Form 4868 required for personal extension.

Applies to: Individuals, C-Corps, Single-Member LLCs Extension Form: 4868
04 / JUN 16 JUNE 16 QUARTERLY EST.

Second Quarter Estimated Tax Payment Due

Form 1040-ES / 1120-W

Q2 estimated tax installment deadline for individuals, sole proprietors, independent contractors, and corporations with anticipated federal tax liabilities.

Applies to: Self-Employed & Entities with Tax Due Safe Harbor Tracking Active
05 / SEP 15 SEPTEMBER 15 EXTENDED CLOSE

Extended Pass-Through Returns & Q3 Estimated Installment

Form 1065 / 1120-S

Final hard deadline for extended Partnership and S-Corporation returns. Concurrently, Q3 2025 estimated tax payments are due for individual and corporate accounts.

Applies to: Extended 1065/1120-S & Q3 Taxpayers Final Pass-Through Expiration
06 / OCT 15 OCTOBER 15 FINAL CLOSE

Extended Individual & C-Corporation Tax Return Filing

Form 1040 / 1120

Final statutory deadline to electronically submit extended 2024 individual returns (Form 1040) and extended C-Corporation returns (Form 1120). No subsequent extensions permissible.

Applies to: Extended 1040 Individuals & 1120 C-Corps Zero Grace Period
Current Fiscal Year: 2025 Calendar Basis (Federal & All 50 States)
Request Custom Corporate Schedule
FAIRBANK & CO. CPAs — TAX PRACTICE GROUP CIRCULAR 230 DISCLOSURE: SCHEDULE ACCURATE UNDER CURRENT TREASURY REGULATIONS REF CODE: FC-CAL-2025
04 Client Records / Verified Outcomes

Measured outcomes. Uncompromised fiduciary rigor.

Representative engagements across complex IRS audit defenses, multi-entity corporate restructuring, and precision bookkeeping operations.

+
CASE: IRS AUDIT DEFENSE EST. 2018
“When an unexpected field audit threatened our commercial real estate portfolio with a $280,000 assessment, Fairbank & Co. stepped in with immediate, methodical command of our past six years of returns. The examination concluded with zero adjustment.”
Marcus Vance
Managing Principal, Vance Asset Group
Audit Closed $0 Liability Variance
+
CASE: TAX STRATEGY EST. 2015
“Navigating interstate pass-through entity tax deductions across four operating LLCs requires exceptional precision. Fairbank’s quarterly projection model has reduced our cumulative effective tax rate by 7.4% over four consecutive fiscal cycles.”
Elena Rostova, M.D.
Founder, Tri-State Surgical Associates
PTE Structuring 9 Yrs Retained
+
CASE: GENERAL LEDGER & PAYROLL EST. 2021
“The shift to Fairbank’s managed monthly reconciliation and GAAP-compliant financial reporting gave our executive board the clean balance sheets demanded by institutional lenders. They are as reliable as clockwork.”
Julian Thorpe
Chief Financial Officer, Apex Precision Dynamics
Monthly Close < 3 Days Audited Clean
Engagement Assurance
Every client engagement is directed by a licensed Certified Public Accountant.

Confidential financial reviews conducted under strict AICPA standards and professional privilege.

SEC // 06 — INTAKE PROTOCOL COORD: 42.3601° N, 71.0589° W
Schedule Diagnostic Intake

Request an Initial Accounting Evaluation.

Every engagement begins with a methodical review of prior filings, structure, and forward tax exposure. We assess fit before initiating formal representation.

1

Response Window

Written review or scheduling confirmation within 1 business day.

2

Privileged & Confidential

All disclosures are governed by AICPA professional confidentiality standards.

3

Direct Partner Assessment

Initial consultations are conducted directly by licensed CPAs, not sales staff.

FIRM REG: #MA-CPA-94812 SECURE TRANSMISSION
Strict non-disclosure. No marketing distribution.
Direct contact by Partner within 24 hours.