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Thompson Accounting Company, LLC profile image
T

Thompson Accounting Company, LLC

‘20 Certificate of Excellence

Boutique accounting, bookkeeping, and tax firm offering services to businesses and individuals. Services offered: Tax preparation of all entities - business and personal QuickBooks set up and clean up (online and desktop versions) Monthly, quarterly, and yearly financial statements Payroll preparation including preparing all quarterly and payroll reports Family office for busy individuals or Mom & Dad General business advice including tax projections, budgets, and other analysis.

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Why is it so important for businesses to hire a great accountant?

Clients come to us after being jerked around by countless so-called accountants that promised the moon when all they want is a solution for their accounting and bookkeeping issues. With gentle guidance and lots of questions, we will get to know you and your business and will figure out a program that works for you. First, we’ll work with you to take care of the backlog, then we’ll give you training and direction about your business today, and lastly we will be available for questions and help in the future.

We are different from other accountants because we have both a solid background in accounting and bookkeeping from working with many small and mid-sized businesses as well as a solid knowledge of QuickBooks, the bookkeeping software leader. Our specialization is what we call “the other 11 months of the year, the months when you are not thinking about filing your tax return.”

We will help you maneuver the maze of the payroll tax system, prepare accurate sales tax reports, calculate workers compensation premiums properly and best of all, develop a system that will provide you with timely and accurate statements, designed just for you! Imagine knowing exactly how your business is doing so that you can make decisions based on real facts.

Our approach is bottom up: create a solid accounting and bookkeeping foundation along with efficient and competent systems and procedures so that you, the owners, can then build a robust and profitable company you are proud of.

Our motto is “Gain Control of Your Business Accounting and Finances”. As long as you are ready to work and trust the process, you will gain the benefits of becoming organized, having your finances under control and see your vision finally become a reality.

What do you love most about your job?

We have always loved accounting and bookkeeping along with preparing tax returns with the least amount of taxes to be paid within the constraints of the law. In addition, we have a knack in helping small business owners who find themselves in tax trouble and need help fixing their problems. If the person is willing to do what it takes to fix the problem, in a short amount of time, the issues will be resolved and the owner will be able to sleep again at night. There will still be tax payments (and pain) to be made but the hounding from the IRS will decrease if not stop altogether.

What inspired you to start your own business?

Small business owners need the expertise of professionals as much if not more than big firms but because of their size, they can't find the help they need. By working with many small business owners, we get to provide our professional expertise across a wide range of businesses who need it but not on a full time basis.

Why should our clients choose you?

Clients want to be treated professionally. We do that by 1. having the chops (being professionally competent), 2. responding to emails/calls in a very timely manner (we return 90% of emails within 24 hours, usually the next morning excluding weekends), 3. we do what we say we will do (we keep our to-do list to a minimum) and lastly we stand by the work and if a mistake happens, we own up to it and fix it.

What kind of accounting services do you provide?

We do all our bookkeeping work on QuickBooks, either online or desktop. We provide any type of bookkeeping service, whether business or personal, provided it's legal.

The majority of our clients prefer monthly/quarterly/yearly write ups however we can offer bill pay services as well.

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Accounting FAQs

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Your expert Accountant will be able to advise you on the full range of services available and will be able to help you select the best financial services for your company. They will also be able to answer any questions you may have. Use Bark to get free quotes and find an accountant today.

The title 'Chartered Accountant' and the letters ACA or FCA, indicates that the person has undertaken a minimum of three years in-depth training, passed a series of examinations in financial management, auditing, business strategy and taxation as well as committing to continuing professional development.

As opposed to specialising in tax returns, a Chartered Accountant instead will focus on providing accurate records of all financial transactions for an individual or business. Consequently, this type of accountant is more likely to be found employed in a more commercial capacity.

Hiring the right Accountant for your business may take a bit of time. Who you choose to look after your accounts is vital, especially if you have plans to expand as you will need to look for someone who will get more involved in the financial side of things the bigger your company gets.

  • Research - Start with the company’s website and look at the accounting services they offer with an eye on what you might need in the future. If you choose an accountancy firm that doesn’t have the expertise to help you as your business expands, you will end up needing to finding another accountant.

  • Create a shortlist - Create a shortlist of three or four firms you
    think are a good fit and arrange face-to-face meetings with all of
    them. In addition to the fees, you need to find out about the
    services they provide, as well as their customer services.

  • Fees - Some Accountants charge by the hour while others operate on a fixed-fee basis. You need to be clear before selecting an Accountant for your business on how their fees are calculated.

  • Qualifications - It is important to ask questions about the
    qualifications and experience of the people who would be dealing with your accounts. You need to know that you could work with them, trust that they are on your side and are continually looking for ways of
    adding financial value to your company.

  • Accounting software - You will want to check that any systems you use are familiar to the accounting firm. Your current method of financial reporting may not be the most effective one for your business and they may recommend systems that can do it better.

  • Financial jargon - If you are not an expert on finance, your Accountant needs to understand this and be able to communicate with you in a clear and concise manner.

You can be confident that any of the Accountants listed on Bark will be a safe pair of hands for your finances.

Before you choose an Accountant, you could ask to see examples of their work, read testimonials and ask to see references of past work they have done.

The AAT (Association of Accounting Technicians) qualification is the minimum level of qualification required for most kinds of accountancy. To become a chartered accountant, you need to obtain higher level qualifications such as the ACA, ACCA or CIMA, which will allow you to become a chartered accountant.

You could also look at their profile page on Bark and view reviews from past customers as well as examples of work that they have completed. This might also help you get some ideas for the types of services you need.

Accountants offer a range of different services. These include:

  • Accounting - All accountancy firms produce financial records, track your revenues and expenses and provide consulting on your business's overall financial health.

  • Auditing - Many businesses require a periodic audit of their finances which may be a requirement of your investors or written into the bylaws of your incorporation.

  • Tax Filing and Planning - Many accounting firms can ensure your financial reporting practices are compliant with current regulations, determine your company's tax liability and make sure you meet filing requirements and deadlines.

  • Management Consulting - Many accounting firms offer business advisory services to help you with your business plan, evaluate your current operations, identify new opportunities, alert you to changes in the business or regulatory environment and offer practical advice to help your business be more efficient and successful.

  • Speciality Services - Some offer services such as business valuation which helps determine what your business is worth should you be considering a merger, acquisition or sale. Some firms can offer fraud and forensic accounting services.

Reviews

4.97/5.00

based on 77 reviews

The average rating for Bark Accountants in Tucson is 4.97, based on 77 reviews.

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