Looking for Honolulu Accounting Services That Go Beyond Bookkeeping?

Bookkeepers don’t do taxes, so they can’t answer many of your questions. Our Honolulu bookkeeping services are done by CPAs, reducing mistakes, headaches, unanswered questions, and can provide valuable business insights.

Serving the greater Honolulu area’s 833,671 residents and 45,650 businesses spanning Pearl City, Waikiki, Kapolei, and beyond for all of your Honolulu small business accounting needs.

We'll Integrate with Your Accounting Software

We’re the Perfect Honolulu Accountants for You if You’re…

✓	Overwhelmed trying to do your books and you want to free-up you and your staff.
✓	Done with finicky bookkeeping software and you’re ready to kiss the headaches good-bye.
✓	Fed-up with your Honolulu bookkeeper and you want someone who can assist you with all of your small business accounting needs.
✓	Ready to outsource your accounting department so you can grow your revenue and profits.
✓	Looking for a bookkeeper who can also do your taxes so you can streamline your business financials.

«Most CPAs don’t do bookkeeping, and most bookkeepers don’t do taxes, leaving holes for their clients. Our accounting services give you the best of both worlds. We’ll handle your bookkeeping, payroll, transactions, and final reporting, so you can focus on growing your business and enjoying the process.»

Case Study

How We Helped a Couple Save $160,000 in Taxes After a Big Whoopsie!

Trusted by Honolulu Business Owners

“They were quick to get back to us and set up an in person appointment to discuss final taxes on an estate. The office was professional and in a great easy to get location.”

Doddie Dunbar

“We have had our taxes done here for many years. They have always been professional and provided excellent customer service.”

Rhiannon O'Brien

“Tim is wonderful. Easy to work with and very thorough, saving me money on my business taxes. I wouldn't use anyone else.”

Tessie Adams

CPAs Who Go Beyond Bookkeeping

Established in 1964 in Portland’s Hollywood district, this firm already offered extraordinary tax planning services. Since then, I have evolved our company beyond the typical Honolulu accounting firm to include estate planning and wealth advisory because I wanted to take care of my family’s legacy wealth and help others do the same.

That’s why I show up for my clients, not just from January through April, but ALL year long. I’ve seen the disaster that is created as a result of bookkeeping that is kept separate from tax planning. And I don’t want that for you.

I enjoy connecting with my clients to understand what’s most important to them so I can help them make their dreams a reality, in this life and for the legacy they leave behind.

On behalf of my family and our amazing team at Downing & Co, I look forward to working with you so you can save in taxes today and ensure your legacy for the future.

Tim Downing, CPA, Oregon | Downing & Co. Managing Principal

Your Comprehensive Honolulu
Accounting Services

Proactive & Holistic
Accounting Services

Customized Action Plan

We’ll take you through our proprietary client interview process to review your unique situation in detail and come up with a customized action plan that ensures your accounting needs are fully met.

Save $50K to $150K in Taxes

Because we are CPAs, we’ll make sure your tax liability is as low as possible so you don’t have to worry you left money on the table. You’ll be able to keep more of your hard earned money.

Save 11+ Hours/Month

The average business owner saves 11 hours every month by automating their bookkeeping services for small business. We take your accounting automation even further, saving you more time and increasing your profitability.

Long Term Strategy

Our relationship doesn’t have to end with Honolulu bookkeeping services. We have 70+ professionals as part of our holistic family office services to help you manage your business and your wealth long term.

Your World-Class Honolulu
CPA Firm

Response Within 24 Hours

3-10x ROI

No Surprises Guarantee

Proactive CPAs

Holistic Strategy

Friendly Advisors

Secure Client Portal

4 Reasons to Work With Our CPA Firm

1 Results-Focused

Your results are our success; that’s why it’s our number one priority. We design our work to generate at least a 3x ROI, and in most cases, we hit 10x. You can count on us to work hard for you and your money.

2 Proactive Advisors

Most accountants wait for you to come to them when you need something. Instead, we will proactively guide you to ensure your net worth is protected today and in the future for your family.

3 Work Holistically

Our comprehensive range of small business accounting services ensures you get convenient access to all the experts you need, including tax planning, risk mitigation, wealth management, legal services, and business advisory.

4 CPAs Who Care

We’ve replaced stale formalities and technical jargon with down-to-earth, conversational relations. Our clients become friends. Many of our friends (clients) work with us for decades and become family. Our close friendly relationship is what we love most about our work.

Meet Your Honolulu CPA Team

Tim Downing, CPA, Oregon

Managing Principal

Jeannie Ryall, EA

Tax Manager

Dachelle Hattan

Tax Accountant

Lee Schwartz

Advanced Planning Team Lead

Shirley McArthur

Office Manager

Switching CPA Firms is Easier Than You Think

Switching from your current Honolulu tax accountant seems like a major pain in the butt…

But in reality, all it requires is a brief email with your current accountant/bookkeeper:

“It’s time for a new direction. Please send my books over to Downing & Company, LLC. Thank you for your services.”

Your accountant is professionally mandated to provide your books to whomever you request they go to. It’s really that easy.

Book a Free
Consultation

We’ll start your journey through our proprietary client interview process to review your unique situation and develop actionable recommendations that meet or exceed your tax, bookkeeping, estate, or wealth planning needs quickly and conveniently.

Fixed Fee

No Surprises
Guarantee

We believe in full transparency and respect, which is why we offer a fixed fee for our accounting and bookkeeping services. That way, there are never any surprises!

Yes, We Offer Small Business Accounting in Honolulu, Hawaii

East Honolulu, HI
Pearl City, HI
Hilo, HI
Kailua, HI
Waipahu, HI
Kaneohe, HI
Mililani Town, HI
Kahului, HI
Ewa Gentry, HI
Kihei, HI
Makakilo, HI
Wahiawa, HI
Schofield Barracks, HI
Wailuku, HI
Kapolei, HI
Ewa Beach, HI
Royal Kunia, HI
Halawa, HI
Waimalu, HI
Nanakuli, HI
Hawaiian Paradise Park, HI
Waianae, HI
Lahaina, HI
Waimea, HI
Waipio, HI
Kalaoa, HI
Kapaa, HI
Aiea, HI
Ahuimanu, HI
Waikoloa Village, HI

Honolulu
Hawaii
Maui
Kauai
Kalawao

Honolulu Small Business Accountants is near Duke Paoa Kahanamoku Statue which is close to Ewa Villages, Haleiwa, and Waimanalo. Pearl Harbor National Memorial, Battleship Missouri Memorial, and Iolani Palace are also nearby.

FAQs

What are the benefits of hiring a Honolulu bookkeeping service over an online service?

Hiring a Honolulu bookkeeping service offers personalized support, local tax expertise, and knowledge of Hawaii’s unique business regulations. Unlike online services, local bookkeepers provide hands-on assistance, real-time financial insights, and customized strategies to ensure compliance, accurate record-keeping, and efficient cash flow management tailored to Hawaii’s economic environment.

How do bookkeeping services in Honolulu help small businesses manage cash flow?

Bookkeeping services in Honolulu help small businesses manage cash flow by tracking income and expenses, reconciling accounts, and ensuring timely invoicing and payments. They provide financial reports, identify spending patterns, and offer budgeting strategies, helping businesses maintain liquidity, avoid cash shortages, and make informed financial decisions for sustainable growth.

How can bookkeeping services help businesses prepare for tax season in Hawaii?

Bookkeeping services help businesses prepare for tax season in Hawaii by maintaining accurate financial records, tracking deductible expenses, and ensuring compliance with state and federal tax laws. They organize financial documents, reconcile accounts, and generate reports, making tax filing smoother while minimizing errors, penalties, and potential audits.

Do Honolulu bookkeeping services include payroll management?

Yes, many Honolulu bookkeeping services include payroll management, ensuring accurate wage calculations, tax withholdings, and compliance with Hawaii labor laws. They handle direct deposits, generate pay stubs, manage employee benefits, and file payroll taxes, helping businesses streamline operations and avoid payroll-related errors or penalties.

How can a bookkeeper help with financial reporting and business growth in Hawaii?

A bookkeeper helps with financial reporting and business growth in Hawaii by maintaining accurate records, preparing financial statements, and tracking cash flow. They provide insights into profitability, expenses, and tax obligations, allowing business owners to make informed decisions, optimize budgets, and plan for sustainable growth in Hawaii’s unique market.

1 Fun And 1 Interesting Fact About Honolulu!

Honolulu is home to the only royal palace in the United States, Iolani Palace, which was the official residence of Hawaii’s monarchy. The city also boasts Diamond Head, an extinct volcanic tuff cone on the south coast of the island. This landmark is a popular hiking destination offering breathtaking views of the Pacific Ocean and Honolulu’s skyline, making it a must-visit for tourists and locals alike.

Honolulu Small Business Accounting Resources

Hawaii Society of Certified Public Accountants

1000 Bishop Street
Suite 802
Honolulu, HI 96806

(808) 537-9475

Hawaii Association Of Public Accountants

P.O. Box 61043
Honolulu HI 96839

Hawaii Department of Accounting and General Service

Kalanimoku Building, 1151 Punchbowl Street
Honolulu, HI 96813

(808) 586-0400

What is the Hawaii Society of Certified Public Accountants

The Hawaii Society of Certified Public Accountants (HSCPA) is a professional organization that represents CPAs in Hawaii. It focuses on enhancing the professionalism and skills of its members through continuing education, advocacy, and networking opportunities. The HSCPA offers resources such as seminars, conferences, and publications to keep members informed about the latest developments in accounting standards and practices. Additionally, it plays a key role in advocating for the accounting profession at both state and national levels. The society also emphasizes ethical practices and compliance with professional standards to uphold the integrity of the CPA designation in Hawaii.

What is the Hawaii Board of Public Accountancy?

The Hawaii Board of Public Accountancy, part of the Department of Commerce and Consumer Affairs (DCCA), regulates the accounting profession in Hawaii. It ensures that Certified Public Accountants (CPAs) and public accounting firms meet stringent standards of education, examination, and ethical conduct. The Board licenses CPAs, monitors continuing professional education, and enforces compliance with state regulations and standards. Additionally, it investigates complaints and disciplines those who violate professional or ethical norms. Through these functions, the Board safeguards public interests by promoting high standards in accounting practices across Hawaii.

Honolulu, Hawaii Local Resources

Small Business Accountant
Honolulu

3612 Likini St
Honolulu, HI 96818

(808) 466-1313

Chamber of Commerce Hawaii

121 SW Salmon St.
Suite 1440
Portland, OR 97204

(808) 545-4300

Hawaii Department of Budget and Finance

Department of Budget and Finance
P. O. Box 150
Honolulu, HI 96810

(808) 586-1518

Honolulu IRS Taxpayer Assistance Center

Prince Kuhio Federal Building
300 Ala Moana Blvd
Honolulu, HI 96850

(844) 545-5640

Honolulu Police Department

801 South Beretania Street
Honolulu, HI 96813

(808) 529-3111

Honolulu City Council

530 S King St
Honolulu, HI 96813

Top Companies in Honolulu, Hawaii

Hawaiian Electric Industries

1001 Bishop St
Honolulu, HI 96813

(808) 543-7771

Bank of Hawaii

130 Merchant St
Honolulu, HI 96813

(808) 694-8500

First Hawaiian Bank

999 Bishop St
Honolulu, HI 96813

(808) 525-6340

Hawaii Medical Service Association (HMSA)

818 Keeaumoku St
Honolulu, HI 96814

(808) 948-6111

Alexander & Baldwin

822 Bishop St
Honolulu, HI 96813

(808) 525-6611

Matson Inc.

1411 Sand Island Pkwy
Honolulu, HI 96819

(800) 462-8766

More About Small Business Accounting in Honolulu, Hawaii

Nestled along the picturesque shores of Oahu, Honolulu stands as the vibrant capital of Hawaii, boasting a population of approximately 350,000 residents within the city limits and over one million in the metropolitan area. With its tropical climate, stunning beaches, and rich cultural heritage, Honolulu attracts people from all walks of life. The city’s demographics reflect its diverse and multicultural makeup, with a blend of Asian, Pacific Islander, Caucasian, and other ethnic groups contributing to its dynamic atmosphere. With a median age of around 35 years old, Honolulu’s population comprises a mix of families, young professionals, and retirees, drawn to its unique blend of urban amenities and natural beauty.

Residents of Honolulu enjoy a laid-back island lifestyle combined with the conveniences of a bustling city. From exploring historic sites like Pearl Harbor and Iolani Palace to soaking up the sun on world-famous beaches like Waikiki, there’s no shortage of activities to enjoy in this tropical paradise. The city’s thriving culinary scene, vibrant arts community, and strong sense of aloha spirit foster a welcoming and inclusive atmosphere. Whether surfing in the morning, hiking in the lush mountain trails in the afternoon, or attending cultural festivals and events, residents of Honolulu embrace a lifestyle that celebrates the beauty and diversity of the Hawaiian Islands.

In Honolulu, small business accounting plays a vital role in supporting the diverse array of enterprises that contribute to the city’s dynamic economy. With a thriving tourism industry, along with sectors such as agriculture, technology, and retail, there’s a growing demand for specialized accounting services tailored to the unique needs of small businesses. Local accounting firms and professionals provide essential support, assisting entrepreneurs in managing their finances, navigating tax laws, and planning for future growth.

Organizations such as the Hawaii Small Business Development Center offer valuable resources and workshops to help entrepreneurs establish and maintain sound financial practices. From bookkeeping and payroll services to tax preparation and financial consulting, small business owners in Honolulu have access to a range of expertise to help them succeed in a competitive market. As Honolulu continues to evolve as a hub of innovation and entrepreneurship in the Pacific, small business accounting remains a cornerstone of the city’s economic landscape, empowering businesses to thrive and contribute to the vibrant tapestry of island life.

Downing & Co works with businesses and high-networth individuals to minimize their taxes and grow their bottom line, while building and preserving their legacy. Offering tax planning, accounting services, estate planning, and wealth management services in the greater Honolulu area, we work holistically and proactively for you. Our clients love our quick response time, fixed fees, friendly advisors, and our creative, results-focused approach.