Larson CPA PLLC is a CPA firm specializing in tax and accounting services for service-based businesses. They offer individual tax preparation, business tax preparation, accounting & bookkeeping services, and tax planning & consulting.
Their approach focuses on personal, ongoing advisory relationships rather than one-time compliance tasks. The firm provides various service packages ranging from basic compliance to strategic planning, catering to freelancers, solopreneurs, and growing businesses. Larson CPA emphasizes trust, honesty, and excellent communication, as evidenced by positive client testimonials.
Personal and ongoing advisory relationship
Specialization in service-based businesses
Quarterly tax planning for business owners
Virtual, paperless, and remote CPA firm
Services
Individual Tax Preparation
Includes preparation of your individual Federal return. State return(s) are not included. Price increases with complexity, including businesses, rentals, stock options, and K-1s.
Business Tax Preparation
Includes preparation of your Federal business tax return plus one state. Entities prepared include 1120, 1120-S, & 1065. Price increases with complexity. Price assumes the business has a prepared set of financial statements.
Accounting & Bookkeeping Services
Services range from simple bookkeeping all the way to comprehensive accounting solutions for your growing business.
Tax Planning & Consulting
This includes one-off consulting engagements all the way to ongoing quarterly tax planning. This is geared towards business owners and those that want more involved planning.
Compliance Package
Tax Return PreparationOur compliance package is for those that just want a tax return prepared and nothing else. A great option for budget conscious clients!
Support Package
Preparation + Year-Round AvailabilityIn addition to tax return preparation, our strategic tier provides our clients with year-round access to us for simple tax questions in addition to a year-end planning meeting.
Credentials & Certifications
CPA
Former IRS Revenue Agent (SBSE Division)
Reviews
Rating
5
★★★★★
Reviews
15
"Made doing my taxes a breeze!"
Frequently Asked Questions
When is a business expense "Ordinary & Necessary"? +
An expense is considered ordinary and necessary if it is common and accepted in your industry and directly related to carrying on your trade or business. The IRS evaluates each case individually, considering whether the expense is reasonable and supports your business activities.
What is tax planning? +
Tax planning involves proactive strategies to minimize tax liability throughout the year, rather than just preparing returns at tax time. It includes assessing income, deductions, and credits to optimize tax outcomes.
Why is 4th quarter planning important for creative professionals? +
Fourth-quarter planning allows creative professionals to review year-end projects, manage cash flow, and strategically plan deductions, such as equipment purchases or retirement contributions, to optimize tax efficiency.
What should I do if I am behind on bookkeeping? +
If you are behind on bookkeeping, contact Larson CPA to set up a bookkeeping catch-up service. They can reconcile past transactions, update financial records, and ensure compliance with tax regulations.
How does Larson CPA handle IRS audits? +
Larson CPA prepares comprehensive financial records and documentation to support clients during IRS audits, ensuring compliance and minimizing potential adjustments.
What is the difference between ordinary and necessary expenses? +
An ordinary expense is one that is common and accepted in your industry, while a necessary expense is directly related to your business activities and helpful in achieving your business goals.