Donovan, CPA, PC has served business businesses for over 30 years. Over During that time, Tim has had the pleasure of helping businesses grow or helping business owners navigate turbulent financial times and deal with the ever changing federal and state income tax laws. We understand the challenges that small business owners face every day. We have provided tax and management services to companies
in the following industries. Companies range in size from sole proprietor retail stores to multiple location (including foreign held), multiple branch entities with hundreds of millions of dollars in gross sales.
•Manufacturing (including job shops, boat manufacture manufacturers, plastics, and general manufacturing)
•Retail — both single and multiple branch operations
•Wholesale — both single and multiple branch operations in multiple states
•Distribution — both single and multiple branch operations in multiple states
•Tim is licensed in both New Mexico & Oregon, so he is uniquely qualified to assist those who are transitioning between these states.
• He is also able to complete returns via teleconferencing for any state in the union. Helping Taxpayers in Times of Trouble
In addition to a CPA certificate, Tim holds an MBA and is a Certified Insolvency and Restructuring Advisor (CIRA). This certificate offers specialized education and training to help Tim represent businesses experiencing financial trouble. For the last 15 years, our practice has focused primarily on businesses that have experienced financial challenges. When funds get tight, often business owners fall behind in their income or payroll tax filings and payments. Soon after the financial crisis, they have received demands from the Internal Revenue Service that can threaten the continued existence of their business. Many times taxpayers suffer an unusual event in their lives (illness, business challenge, death of a family member) that caused them to miss filing a tax return. Soon they find that they have not filed several years returns and they either do not know how to get caught up or are afraid to file current returns because then their non-filing will be discovered. Our firm helps taxpayers work through their tax challenges by:
•Representing them before the Internal Revenue Service
•Helping them file and collect (or reconstruct) the needed records to get caught up with their tax filings
•Arrange payment plans to pay old taxes
•Help with IRS collection actions including liens and levies
Bookkeeping & Monthly Services
Keeping accurate and organized books of the business will streamline your tax process at the end of the year, in addition to helping your business run like a well-oiled machine from January to December. These services will allow you to focus on your own business, the whole reason you went into business for yourself in the first place!
• QuickBooks
o Set up
o Monthly Maintenance & Support
o Training to keep you up to date and involved in your
finances
• Payroll
o Monthly payroll processing
o Sending out W-2s and 1099s
• Office Organization
o Initial office set up
o Annual on-site file clean up
