Business Solutions

Tax Preparation, Planning, and Advisory Services in Tacoma, WA.

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About our CPA Expertise

Solutions For Businesses of Any Size

Running a business can be difficult. At Jeff Baker & Associates, we provide a variety of business solutions to help make it easier to ensure the success of your business—regardless of the industry you’re in. Though we specialize in services for specific industries, we work with all kinds of businesses and business owners, so don’t hesitate to review our services below before contacting us for a free consultation.

Industry Specific Services

We provide services specifically tailored to the following industries: dental practices, chiropractic offices, medical offices, construction, builders, real estate investors, general contractors, subcontractors, eye doctors, retail and wholesale business, trucking, and more!

Starting Your Business

Assistance with Entity Selection

If you are opening a new business or expanding an established business, you might not be sure of what type of entity to go with. Jeff Baker & Associates provide you advice on what entity is best for your company, and the tax laws related to each entity so that you can plan your business’s financial future.

S-Corporation Elections

We at JBA can assist you in figuring out if you qualify for a Sub Chapter S under the United States federal income tax purposes. Filing a Subchapter S federal income tax return allows the company to not pay federal income taxes, instead the income/loss is divided among the shareholders and they must report the income/loss on their individual income tax returns.

Business Financial and Strategic Planning
Smart business financial planning will help maximize your profits and earnings. It requires looking at several factors, including the necessary actions for sales and profit, who will implement them, and the financial gauging of how much they will cost and how money will return as profit. If you’re a business that is doing financial planning for the first time, let the financial professionals at JBA help. We can provide the tools that will help you understand what you need to increase profit, how much you’ll need to spend, and how much profit you can expect.

Business Bookkeeping & Finances

Pension and Profit Sharing Planning
To help employees in retirement, you might consider setting up a pension or profit sharing plan. A pension is a set amount of money that a person receives after retiring from or leaving accompany after a number of years. A profit sharing plan is where the employer contributes a certain amount of money to an employee’s retirement. See how you can plan and prepare for both with the financial professionals at JBA. We can help explain the benefits of each and help set up a business solution where a pension or profit sharing plan is doable.
Projections

Financial projections are important for continued success in your business. A financial projection often has the previous years’ income reflected in balance sheets and income statements. The next part of the projection is a forecast of what a business’s financial future will be, typically for the next five years. This can include income statements, balance sheets, budget expectations, and other important documents. If you require assistance putting together a financial projection, our financial professionals can help.

Tax Credits

At Jeff Baker & Associates, we specialize in helping businesses leverage a range of tax credits to reduce their tax liabilities and improve financial outcomes. From Research and Development (R&D) credits for innovation and technology, to the Employee Retention Credit (ERC) for businesses keeping employees during tough times, we’ve got you covered. We also offer expertise in Cost Segregation Studies to accelerate depreciation on real estate investments, and the Tip Credit for businesses that employ tipped workers. Plus, our team can guide you through available Energy Credits to reward sustainable and energy-efficient business practices. Let us help you maximize these opportunities and enhance your bottom line.

Business Consulting Services

General Business Consulting and Strategy
The financial aspects of any business can be tricky to figure out. That’s why having a CPA to help you know what to expect and how to plan smartly for your financial future is so important. Jeff Baker & Associates, PS offers general business consulting, whether you’re buying or selling a business or if you want to raise profit. Talk to any of our qualified accountants about our general business consulting services.
QuickBooks Consulting

We have a Certified QuickBooks Pro Advisor who can assist you in your QuickBooks set up, training and reporting.

Business Acquisition & Sales

Equipment Purchases and Sales
Equipment purchases and sales are a large expense that sometimes requires a little more information before an investment or a sale can occur. We here at Jeff Baker & Associates can assist you with this decision and see if it is the right one for you and your company.
Business Purchase and Sale Services
Proper structuring of the purchase or sale of a business is critical. Our experienced staff can guide you through the acquisition and deposition processes. We will help you address issues such as cash flow analysis and tax considerations.

Business Attest Services

Compiled Financial Statements

Our Compiled Financial Statements provide a clear snapshot of your business’s financial status. We gather and organize the financial data you provide into standardized statements, offering a reliable and accurate representation of your financial position. This service is ideal for businesses needing financial statements for internal use, loans, or general reporting.

 

Reviewed Financial Statements

For a more in-depth analysis, our Reviewed Financial Statements offer an added layer of assurance. We perform inquiries and analytical procedures to provide a higher level of confidence in the accuracy of your financial data. This service is well-suited for businesses that require a more thorough review for potential investors, financial institutions, or stakeholders.

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About our CPA Expertise

Tax Business Solutions by Industry

Navigating the complexities of financial management is easier with professionals who understand the unique challenges of your industry. Our team at Jeff Baker and Associates offers tailored accounting services to a diverse range of industries, ensuring you receive specialized support that meets your specific needs. Partnering with us means benefiting from our extensive experience and industry-specific knowledge, allowing you to focus on what you do best—running your business.

Healthcare

Construction

Real Estate

Transportation

Retail

Automotive

Agricultural

Technology & IT

What we do

Additional Tax Services

Help with Real Estate or Property Taxes

When you are buying or selling real estate, contact us for help. We will make the process easier, give us a call.

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Help with Reporting & Accounting

Maximize your company’s profitability with intensive examination of your company’s financial statements and records.

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Help with Tax Preparation & Planning

Prepare for your upcoming tax filing and increase your financial stability with our tax preparation and planning services.

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ABOUT

With over 100 years of combined experience, we are confident that we can provide the tax and financial assistance that best fits your business or personal needs. We pride ourselves on being proactive and responsive to our clients’ inquiries and suggestions

HOURS

Monday - Friday: 8:00 AM - 6:00 PM
Weekends: Closed

EMAIL

cpa@jbacpa.net

PHONE

(253) 531-7114

ADDRESS

13400 Pacific Ave South, Ste 102 & 202 Tacoma, WA 98444

Note: The client entryway is downstairs in Suite 102.

RESOURCE

Alignable

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