A boutique accounting experience with a major financial impact
Services
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Personal Accounting & Tax Prep
Let us help you minimize your tax bill with some smart planning that will leave more money in your pocket.
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Business Accounting & Tax Prep
Our firm specializes in helping corporations of all sizes to manage and minimize federal and state tax risks and liabilities.
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Partnership Accounting & Tax Prep
Partnerships can lead to some of the most complicated accounting and tax return situations. We can help you navigate, prepare and file your partnerships with ease.
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Financial Compilations & Reviews
Whether you’re starting a new business or are in need of a financial statement, our team can provide you with the documents needed to meet your financial goals.
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Bookkeeping & Payroll Services
Our experienced bookkeepers and accountants can take care of your payroll and financial tasks so you can focus on running your business.
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Monthly, Quarterly & Year End Services
We offer a variety of bookkeeping, payroll, L&I, B&O and other services that can be customized to fit your business’ specific ongoing or as-needed needs.
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Financial & Tax Consultations
Are you doing your own taxes this year? Or have a question about your business’ financial strategy? We’re here to answer any questions you may have.
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HOA Accounting & Tax Prep
We’ll help you save time with your association’s accounting by providing monthly and annual financial reporting, billing and/or accounts receivables services.
"Sherwood and Co has been preparing our taxes and providing our chiropractic business sound tax and business advice since 2001. Their staff is professional, always up to date, and always responsive to the specific needs of our industry, office, and individual financial fitness and responsibilities. They have always treated us like their own family. We look forward the next 20 years of our relationship. Thank you Sherwood and Co!"
— TIFFANY & JOHN TANASSE, TANASSE CHIROPRACTIC
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Introductions.
We’d love to get to know all about you, your business and your financial wants and needs while you’re welcome to dive into as much as you’d like about our service processes, accounting and tax prep background and boutique-style client experience.
What to expect
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Personalized plan.
Once we’ve gathered information about your wishlist and financial needs, we’ll compile a personalized plan for getting your tax prep, accounting, payroll, bookkeeping and any other services that we think could be beneficial to you.
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Paperwork made easy.
Whether you prefer a fully online client portal or a pen-and-ink, linen folder approach, we’ll offer you a step-by-step plan for gathering any information we’ll need from you each tax or accounting-service period.
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Sit back and relax.
No matter if you’re using our monthly, quarterly, annual or one-time services, we’ll make sure to take care of your tax, accounting and/or financial needs with minimal effort on your behalf. Choose to be as involved or laid back as you prefer and let us do your heavy lifting.
FAQs
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Yes! While our focus is on corporate tax prep and accounting, we value and love our personal clients! We would love to help you with your annual tax filing or bookkeeping needs, whether you have multiple properties, a unique family arrangement or you’d just like to not worry about the technicalities of filing each year. We’ll help you to walk away each tax season with as much money left in your pocket as possible, using our decades worth of tax prep experience and strategic financial planning.
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With decades worth of accounting and tax prep experience and education, we tend to offer a more nuanced approach to tax returns and may be able to spot opportunities that you may miss on your own. From our experience, we find that our accounting and tax prep clients tend to walk away with a much larger tax return or owe less than they did when they used self-serve services in prior years - ultimately, this means it can actually be less expensive to use our services than to do it on your own!
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Because tax returns are each as unique as the person needing them, it’s nearly impossible to create a one-size-fits-all price. However, we also understand that shopping around for an accountant or tax specialist can be time consuming when you don’t know price ranges!
Thus, our personal clients tend to pay right around $500-$600 and our business clients on average pay between $1300-$2000+ depending on the complexity of the business. All business returns include a complimentary personal return.
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Since all of our clients have different financial situations, each one will need different documentation for the year. While this may sound intimidating, we will ensure that we walk you through all of the documents that you will uniquely need so that you aren’t left guessing at any stage! That said, some of the most common documents that our clients might need are:
W-2s
1099s (interest, dividends, brokerage statements, mortgage interest)
Student loan documents
Charitable contributions
Income and expenses for a small business or rental
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If you need your return filed quickly for special circumstances like purchasing a home, we will ensure that your return is filed as soon as possible, and yes! This might mean April 15th or even earlier.
While tax returns may still be filed before April 15th, we generally place the vast majority of our clients’ tax returns on extension each year so that we are able to spend quality time on each and every tax return to ensure quality work and a personalized experience for our clients. Once your tax return is placed on extension for the year, we will begin working on it in the order it was received and it will be filed anytime between mid-April and mid-October.
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Not at all! And in fact, if you need additional time to gather your documents or if you aren’t stressed for time, we are always grateful for our clients who don’t mind waiting an extra few months, as it helps us to even out our workflow throughout the year.
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Our top priorities for our clients are: one, the highest quality work possible to ensure we aren’t leaving money on the table for you and, two, a personalized experience where you will be able to personally connect and consult with your tax accountant throughout the year. We strive for a highly personable, boutique-style client experience.
We put the vast majority of our clients on extension in order for us to ensure that these values are upheld. While we of course work as diligently and quickly as possible while still maintaining high quality work, we do not prioritize a quick turnover for returns.
We understand that these values may not align with everyone! If you value a quick return, we may not be the best accounting firm for you and we would suggest looking into some of the other wonderful CPA firms in the Olympia area who may be better suited to accomplish that with you.
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We aim to work on all tax returns in the order they’re received. Thus, if you’re able to bring in your completed paperwork as early as possible, your tax return will go out sooner. The earlier in January that you’re able to bring your information and documents in, the better! Most of our clients tend to bring in their documents in February and March.