At our company, we are committed to delivering exceptional businAbout Carolann Penny, EA

Carolann Penny is an Enrolled Agent (EA) authorized by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service. As the founder of Penny Tax & Advisory, she provides strategic tax preparation, proactive tax planning, and business advisory services to individuals and small business owners throughout New York and beyond.

Carolann began her career in accounting and bookkeeping, helping business owners organize their financial operations and gain clarity over their numbers. Through years of working closely with entrepreneurs, she recognized that many clients were missing one critical component — proactive tax strategy.

To better serve her clients, Carolann expanded her expertise and earned the Enrolled Agent credential, allowing her to provide advanced tax guidance and IRS representation services. Today, her practice focuses on helping clients move beyond last-minute tax filing toward year-round planning, compliance, and informed financial decision-making.

Her approach combines strong accounting fundamentals with practical tax strategy, helping clients:

• minimize unexpected tax liabilities

• maintain compliance with IRS requirements

• strengthen business financial management

• plan confidently for growth

Carolann works with individuals, self-employed professionals, and growing businesses seeking a trusted advisor who understands both the financial and tax sides of running a business.

At Penny Tax & Advisory, the goal is simple:
to provide clear guidance, reliable support, and strategic tax solutions that help clients build long-term financial stability.ess services that drive innovation and efficiency. With a team of seasoned professionals, we ensure quality and integrity in every solution tailored to meet the unique needs of our clients.