Madison Wealth Management is No Longer Exclusive to Billionaires

Most Madison wealth management focuses solely on brokerage, but completely misses at least 29 other areas. Our comprehensive family office services give you convenient access to 70+ professionals usually only afforded by billionaires.

Serving the greater Madison area’s 269,840 residents and 25,988 businesses spanning Dudgeon-Monroe, Maple Prairie, and Hill Farms-University, and beyond for all of your Madison small business accounting needs.

Case Study

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

Break Into the Top 2%

According to a recent Spectrum study, 78% of high-networth clients expect “wealth transfer advice” and “trust services” from their advisors, but only 2% receive it.

Making Billionaire Family Office Services Attainable for Everyone

To grow and retain your wealth today and for generations to come, you’ll need a team of experts comprised of attorneys, accountants, financial advisors, risk mitigation specialists, and business advisors.

The full-time in-house employment of all of these professionals for wealth management is known as a “family office,” and it’s usually reserved for billionaires because hiring all of these services individually could break your bank.

Plus, do you have the time and know-how to assemble this team?

That’s why we’ve done it for you!

Our Wealth Management
Solutions Are for You if You Want…

Your Wealth to Be Protected

We go beyond expectations, helping you structure and preserve your wealth in this lifetime and beyond.

Access to a Team of Professionals

Our family office services give you convenient access to all the accountants, lawyers, and advisors you need.

To Ward Off Issues Before They Happen

With our proactive and holistic guidance, we’ll plan ahead so you and your family always end up on top.

«We’ve assembled 70+ professionals in our family office so you have all the wealth guidance and support you need to ensure your legacy wealth is secured for you and your family.»

Trusted by Madison 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 With a Passion for Family Office Services

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 Madison 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.

Over the years, clients have passed away and I’ve seen the disaster it creates for those who don’t have a plan in place. I truly want better for you and your family.

I know what good estate planning looks like for a bereaved family. It takes unnecessary stress off their plate and leaves them in a very good situation for decades.

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

We’re Not Your Average Madison Wealth Management Firm. Here’s What You’ll Get When You Hire Us…

Close to 0% Tax Liability

Our family office wealth management services will ensure your tax payments are as close to $0 as possible, so you can keep more of what you worked so hard for.

Up to 10x ROI

Your results are our success, so we design our wealth management solutions to generate at least a 3x return on investment, and in most cases, we hit a 10x ROI.

Streamlined & Convenient

Our comprehensive team of 70+ experts provide a holistic strategy that includes: legal services, wealth management, tax planning, risk mitigation, and business advisory.

Our 5 Phases of
Proactive Planning

Proprietary Client Interview

Customized Proactive Action Plan

Wide Access to Experts

Implementation

Regular
Check Ins

Meet Your Madison 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

Your Comprehensive Family Office
Wealth Management Services

Personal Planning Focus

Financial Planning

✓ Investments
✓ Retirement
✓ Social Security
✓ College Expenses
✓ Safe Money Options

Advanced Planning

✓ Personal Tax Reduction
✓ Asset Protection Planning
✓ Wealth Transfer Advisory
✓ Tax Advantaged Wealth

Legacy Planning

✓ Trust Planning
✓ Estate Planning
✓ Charitable Planning

Insurance/Risk Management

✓ Risk Management
✓ Life Insurance
✓ Personal Health Insurance
✓ Long Term Care
✓ Disability Insurance

Business Planning Focus

Business Strategy

✓ Business Direction/Vision
✓ Business Growth
✓ Leadership Skills
✓ Culture & Accountability
✓ Succession Planning

Business Finance/Costs

✓ Financing Options
✓ Reducing Operational Costs
✓ Business Tax Strategies

Business Protection/Risk Management

✓ Buy-Sell Agreements
✓ Key Man Coverage
✓ Property & Casualty Insurance

Employee Benefits

✓ Reducing Health Costs
✓ Employee Retention
✓ Employee Retirement Plans

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 family office and wealth management services. That way, there are never any surprises!

Yes, We Offer Small Business Accounting in Madison, Wisconsin

Fitchburg, WI Middleton, WI Sun Prairie, WI Verona, WI Monona, WI McFarland, WI Waunakee, WI Stoughton, WI Oregon, WI DeForest, WI Cottage Grove, WI Windsor, WI Marshall, WI Maple Bluff, WI Belleville, WI Cross Plains, WI Mount Horeb, WI Cambridge, WI Evansville, WI Lodi, WI Brooklyn, WI Deerfield, WI Lake Mills, WI Edgerton, WI New Glarus, WI Waterloo, WI Blue Mounds, WI Dane, WI Mazomanie, WI Rockdale, WI

Multnomah
Washington
Clackamas
Columbia
Yamhill
Marion
Polk
Tillamook
Hood River
Clatsop
Lincoln
Linn
Benton
Wasco
Jefferson
Lane
Skamania (WA)
Klickitat (WA)
Cowlitz (WA)
Clark (WA)
Pacific (WA)
Wahkiakum (WA)
Sherman
Morrow
Gilliam
Crook
Deschutes
King (WA)
Pierce (WA)
Thurston (WA)

Madison Small Business Accountants is near Madison Children’s Museum which is close to Shorewood Hills, Fitchburg, Westmorland, and Maple Bluff. Warner Park, Olbrich Botanical Gardens, and Overture Center for the Arts are also nearby.

FAQs

How much is a business accountant in Madison, Wisconsin?

In Madison, Wisconsin, a business accountant typically charges between $150 and $350 per hour, depending on experience and services offered. Monthly bookkeeping or accounting packages may range from $300 to $1,200, with tax preparation fees generally falling between $500 and $2,000 annually.

What type of accountant is best for small business?

A Certified Public Accountant (CPA) with small business experience is often the best choice. CPAs offer tax planning, financial strategy, and audit representation. For daily bookkeeping, a professional bookkeeper or Enrolled Agent may suffice, but a CPA provides broader expertise and long-term value.

Is it worth it to hire an accountant for a small business?

Yes, hiring an accountant is worth it for most small businesses. They help reduce costly mistakes, manage taxes, ensure compliance, and provide financial insights that support growth. The time and stress saved often outweigh the cost of professional services, especially during tax season or business expansion.

How do I check if an accountant is qualified?

You can check an accountant’s qualifications by verifying their CPA license with your state’s Board of Accountancy. Look for professional memberships (e.g., AICPA), certifications, client reviews, and experience with similar businesses. A consultation can also help assess their communication and expertise.

1 Fun And 1 Interesting Fact About Madison!

Madison, WI a home to the world’s largest producer-only farmers’ market: the Dane County Farmers’ Market. Held on the Capitol Square, this vibrant weekly event showcases local farms and artisans, drawing thousands of visitors and residents alike. The city is also known for its highly educated population, with a large percentage holding college degrees, thanks in part to the University of Wisconsin–Madison. This creates a dynamic mix of academic culture, youthful energy, and progressive values. Residents enjoy a balance of intellectual life and outdoor adventure, often biking to work or kayaking on the lakes before attending concerts, lectures, or political rallies. Madison blends small-town friendliness with big-city amenities, and its residents take pride in civic involvement, environmental consciousness, and a strong sense of community. Whether exploring the university campus or wandering through the lakeside parks, Madison offers a vibrant, nature-connected lifestyle year-round.

Madison Small Business Accounting Resources

Oregon Society of CPAs

10206 SW Laurel St
Beaverton, OR 97005

(503) 641-7200

Oregon Association of Tax Consultants

3075 S.E. Century Blvd.
Suite 110
Hillsboro, OR 97123

(503) 726-0100

Portland Accounting Office

1120 SW 5th Ave #1250
Portland, OR 97204

(503) 823-5288

Institute of Management Accountants

ima.pdx@gmail.com

What is the Wisconsin Institute of Certified Public Accountants (WICPA)?

The WICPA represents CPAs and accounting professionals across Wisconsin, including a strong presence in Madison. It offers continuing education, professional development, networking events, and advocacy for accounting professionals. The Madison Chapter hosts local events tailored to CPAs working in public accounting, private industry, government, and education.

What is the Department of Safety and Professional Services?

The Department of Safety and Professional Services (DSPS) is a state agency in Wisconsin responsible for licensing and regulating a wide range of professions, businesses, and safety-related services. Its primary role is to protect public health, safety, and welfare by ensuring that professionals and facilities meet established standards and follow relevant laws and codes.

Madison, WI Local Resources

Small Business Accountant Madison

Greater Madison Chamber of Commerce

1 S. Pinckney St
Suite 330
Madison, WI 53703

(608) 256-8348

City of Madison – Finance Department

210 Martin Luther King Jr. Blvd
Room 406
Madison, WI 53703

(608) 266-4671

Madison IRS Taxpayer Assistance Center

1242 Fourier Dr
Suite 200
Madison, WI 53717

(608) 421-7898

Madison Police Department

211 S. Carroll St
Madison, WI 53703

(608) 255-2345

City of Madison

210 Martin Luther King Jr.
Blvd
Madison, WI 53703

(317) 327-4720

Top Companies in Madison, WI

American Family Insurance

6000 American Parkway
Madison, WI 53783

(800) 692-6326

Exact Sciences

5505 Endeavor Lane
Madison, WI 53719

(608) 284-5700

Promega Corporation

2800 Woods Hollow Road
Madison, WI 53711

(608) 274-4330

UW Health – University Hospital

600 Highland Ave
Madison, WI 53792

(608) 263-6400

TDS Telecom

3416 University Ave
Madison, WI 53705

(866) 571-6662

Madison Gas and Electric (MGE)

133 South Blair St
Madison, WI 53703

(608) 252-7000

More About Small Business Accounting in Madison, Wisconsin

Madison is the capital of Wisconsin and the second-largest city in the state, with a population of about 275,000 and over 680,000 in the metro area. Known for its vibrant culture and scenic beauty, the city sits on an isthmus between lakes Mendota and Monona. Demographically, Madison is approximately 75% White, 8% Asian, 7% Black or African American, and 8% Hispanic or Latino, with a growing international community influenced by the University of Wisconsin–Madison.

Residents are known for being active, educated, and civically engaged. The city consistently ranks high for quality of life, thanks to its excellent public services, walkable neighborhoods, and abundance of parks and bike trails. Madison blends college-town energy with progressive values, a strong tech and biotech industry, and deep ties to public service and research. Locals enjoy year-round events, farmers’ markets, and a balance of urban and natural experiences. The mix of students, families, professionals, and retirees creates a diverse and welcoming atmosphere, making Madison a dynamic place to live, work, and explore.

Small business accounting in Madison, WI is essential for entrepreneurs looking to manage finances, comply with state and federal regulations, and support long-term growth. With a diverse economy that includes tech startups, healthcare providers, local artisans, and service businesses, Madison’s accountants offer customized solutions tailored to each industry’s needs. Services typically include bookkeeping, payroll, tax preparation, and financial planning.

Many accountants in Madison specialize in working with small businesses, offering flexible pricing options such as monthly packages or hourly rates. They help business owners navigate Wisconsin tax codes, manage cash flow, and ensure accurate financial reporting. Cloud-based tools like QuickBooks and Xero are commonly used, making it easy to collaborate and access real-time financial data.

Whether you’re launching a new venture on State Street or expanding in the suburbs, having a trusted accountant can make a big difference. Their insights not only reduce errors and stress but also help uncover tax savings and strategic opportunities. In Madison’s collaborative and innovative business community, professional accounting support is a smart investment that empowers small businesses to thrive.

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 Madison 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.