Accounting and Tax Planning Tailored for Your Business
Accounting needs can vary depending on your industry, specific regulatory requirements in your field, even your previous approach to tax strategy.
What’s right for one business isn’t always right for another, which is why we don’t have a cookie-cutter approach. We start by taking a deeper look at your situation, including things you might not even realize your accountant should know, like your rates and your goals. And we allow you to focus on your business instead of trying to keep up with minute tax details—like whether or not your city charges its own B&O tax (for instance, Bellevue does).
Below are a few examples of key industries we serve in the Puget Sound region. But don’t worry if you don’t see yours here—we can create a custom approach just for your business, too.
Dental and medical practices
“The Akopyan Group has saved me thousands of dollars and given me great advice on how to run my business day to day.”
—Dental client
Dental and medical businesses sometimes face unique challenges, such as cash-flow issues due to billing and collection cycles (including direct bills to customers as well as insurance reimbursements).
One dentist came to us simply because they were frustrated with their current CPA—but when we went deeper, the client told us they weren’t happy with the profitability of their practice, either. We made strategic recommendations around rates and benefits, both increasing revenue and significantly reducing costs.
Construction and contractors
“Our business has grown exponentially, and The Akopyan Group has been there to support us every step of the way.”
—Contractor client
Companies in construction and the trades often work on projects that may stretch over months—but while they have consistent outflows for staffing and materials, client payments typically are spread over time. This makes planning, estimating, and overhead management vital.
The owner of an electrical contractor engaged us to enhance the company’s performance in addition to our accounting and bookkeeping work. We quickly realized their pricing model was flawed; after making adjustments, the company has thrived, growing from about 20 to 60 employees.
Tech companies and startups
“The firm is run by pros who value your time as a client. Their contemporary technology and processes reflect this.”
—Technology company client
Newer companies can ease the path to success (and profit) by having the right tax strategies from the start, instead of having to undo mistakes years later. Additionally, smaller tech companies often face challenges in fighting larger firms to attract and retain top talent—and minimizing tax liability can help create room in the budget to boost the compensation pool.
One of our clients, a software company with about 15 employees, came to us when their CPA retired; upon examining their prior returns, we discovered they had missed several tax incentives over a number of years. Working with a third-party firm that specializes in these types of incentives, we helped save the client $50,000-$60,000 per year.
Increase profitability. Save time. Reduce stress.
See how The Akopyan Group can help your business thrive. CONTACT US.