Marina Parkin
- Marina manages the Sarasota office team. She meets with both new and existing clients, reviews tax returns and tax planning, and works with her team members to find the best tax solutions for our clients.
Topics or areas of expertise that NAME can talk about (even in her sleep):
Real Estate taxation
Tax strategies for small business
Challenges of a growing business
Passive vs active business taxation
Individual tax planning
How we know she knows what she's doing:
Marina has a Bachelor of Business Administration degree from York University (Toronto, Canada)
She has both her Canadian and Flordia CPA licenses
Before Merging with Rea & Associates in 2024, Marina and her business partner, Joann Koontz, opened their own CPA firm in 2012 in Sarasota, FL (Koontz & Parkin, CPAs)
She has more than 15 years of experience in the accounting industry
When she's not in the office, you can find her:
Driving her sons to and from soccer practices and games as well as their rock band practices and performances
Entertaining guests
Reading
How she's helped clients meet their business needs:
Several years ago a small business client came to Marina on a friend’s recommendation because they felt that their CPA was not ‘deducting enough expenses’ and they were paying too much in tax – common concern for growing small business. When she looked at their tax return, she was shocked to find that their CPA reported their $3 mil dollar net income business as a self-employed schedule. By moving the business to an S-corporation structure, they saved this client $150k per year.
An existing client was getting his business ready for sale and wasn’t sure if asset sale vs. stock sale was the way to go. By working through the numbers and designing a structure of selling the real estate part of the business first, and selling the remaining business as a stock sale, she saved the client $200k in tax.
Marina is involved in her community:
She is a treasurer of a small non-profit organization, Sarasota City Soccer Club, which is committed to making soccer affordable to underprivileged kids in the local community.
Inside The Mind Of...
- What does "A Brighter Way" mean to you? Commitment to doing the best we can for our clients and the team. Coming up with new ideas of doing things better – better internal processes and procedures that help make our team function at their best and take pride in their work; learning better ways to help our clients pay less tax and run a better business.
- What “bright idea” do you find yourself sharing over and over? I ask my team to treat every client’s tax return as if it was their own. They know they are making a difference in these clients’ lives by doing their very best work.