Looking for Salt Lake City Accounting Services That Go Beyond Bookkeeping?

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

Serving the greater Salt Lake City area’s 1,098,400 residents and 59,607 businesses spanning Sugar House, Liberty Wells, Central City, and beyond for all of your Salt Lake City small business accounting needs.

We'll Integrate with Your Accounting Software

We’re the Perfect Salt Lake City 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 Salt Lake City 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 Salt Lake City 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 Salt Lake City 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 Salt Lake City
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 Salt Lake City 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 Salt Lake City
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 Salt Lake City 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 Salt Lake City 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 Salt Lake City, Utah

West Valley City, UT
Provo, UT
West Jordan, UT
Orem, UT
Sandy, UT
Ogden, UT
St. George, UT
Layton, UT
South Jordan, UT
Lehi, UT
Millcreek, UT
Taylorsville, UT
Logan, UT
Murray, UT
Draper, UT
Bountiful, UT
Riverton, UT
Roy, UT
Spanish Fork, UT
Pleasant Grove, UT
Cottonwood Heights, UT
Tooele, UT
Clearfield, UT
Springville, UT
Cedar City, UT
Midvale, UT
Kaysville, UT
Holladay, UT
American Fork, UT
Syracuse, UT

Salt Lake Utah Davis Weber Tooele Summit Wasatch Morgan Cache Box Elder Washington Iron Sanpete Sevier Duchesne Uintah Carbon San Juan Grand Emery Garfield Kane Wayne Beaver Millard Juab Piute Rich Daggett

Salt Lake City Small Business Accountants is near Temple Square which is close to North Salt Lake, Farmington, and Bluffdale. Delta Center, Salt Lake City Tabernacle, and the Natural History Museum of Utah are also nearby.

FAQs

What are the benefits of hiring a Salt Lake City bookkeeping service over an online service?

Hiring a Salt Lake City bookkeeping service offers personalized support, local tax expertise, and industry-specific knowledge. Unlike online services, local bookkeepers provide hands-on assistance, customized financial strategies, and real-time communication, ensuring accuracy, compliance, and better financial management tailored to the unique needs of businesses in the area.

How do bookkeeping services in Salt Lake City help small businesses manage cash flow?

Bookkeeping services in Salt Lake City help small businesses manage cash flow by tracking income and expenses, reconciling accounts, and providing financial reports. They ensure timely invoicing, monitor outstanding payments, and optimize budgeting, helping businesses maintain liquidity, avoid cash shortages, and make informed financial decisions for growth and stability.

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

A bookkeeper helps with financial reporting by maintaining accurate records, preparing balance sheets, and tracking cash flow. They provide insights into profitability, expenses, and trends, enabling informed decision-making. By ensuring financial stability and compliance, bookkeepers help businesses identify growth opportunities, reduce costs, and improve overall financial performance.

How can a local bookkeeper help my business stay tax-compliant?

A local bookkeeper helps your business stay tax-compliant by accurately recording transactions, tracking deductions, and ensuring timely tax filings. They stay updated on local and federal tax laws, reducing errors and penalties. Their expertise ensures proper documentation, maximizing tax benefits while keeping your business financially organized and audit-ready.

1 Fun And 1 Interesting Fact About Salt Lake City!

Salt Lake City hosted the 2002 Winter Olympics, which brought significant development to the area, including improvements to parks and transportation. The city is characterized by its unusually wide streets, designed to accommodate a team of four oxen and a covered wagon to turn around easily. This design was insisted upon by Brigham Young, the Mormon leader and founder of Salt Lake City, who wanted spacious streets in the new city.

Salt Lake City Small Business Accounting Resources

Utah Association of CPAs

https://www.orcpa.org/

15 W. South Temple
Suite 1625
Salt Lake City, UT 84101

(801) 466-8022

Institute of Management Accountants
https://www.oatc-oregon.org/

saltlake@imachapter.org

What is the Utah Association of CPAs?

The Utah Association of Certified Public Accountants (UACPA) is a professional organization for CPAs in Utah. It aims to bolster the proficiency and ethical standards of its members through continuing education, advocacy, and networking opportunities. The UACPA serves as a vital resource for professional development, legislative updates, and community involvement, supporting its members in maintaining excellence in accounting practices. The association also engages in promoting the CPA profession and provides guidance on compliance with professional standards, thereby ensuring the integrity and reliability of accounting services within the state.

What is the Utah Division of Professional Licensing?

The Utah Division of Professional Licensing (DOPL) is a regulatory agency within the Utah Department of Commerce. It oversees the licensing and regulation of various professions and occupations in the state to ensure public safety and compliance with statutory and regulatory standards. The division is responsible for setting licensure requirements, conducting examinations, and enforcing regulations across numerous fields, including accounting, healthcare, construction, and cosmetology. DOPL also investigates complaints and disciplines licensees who violate professional standards. By maintaining rigorous professional criteria, DOPL aims to protect consumers and ensure high standards of practice among professionals in Utah.

Salt Lake City, Utah Local Resources

Small Business Accountant
Salt Lake City

776 Ramona Ave
Salt Lake City, UT 84105

(385) 519 0666

The Salt Lake Chamber

201 S Main St #2300
Salt Lake City, UT 84111

(801) 364-3631

Salt Lake City Office of Finance

P.O. Box 145451
Salt Lake City, UT 84114

Salt Lake City IRS Taxpayer Assistance Center

78 S Rio Grande St
Salt Lake City, UT 84101

(844) 545-5640

Salt Lake City Police Department

P.O. Box 145497
Salt Lake City, UT 84114

(801) 799-3000

Salt Lake City and County Building

451 S State St
Salt Lake City, UT 84111

(801) 535-7704

Top Companies in Salt Lake City, Utah

Zions Bancorporation

One South Main Street
Salt Lake City, UT 84133

(801) 844-7000

ARUP Laboratories

500 Chipeta Way
Salt Lake City, UT 84108

(800) 522-2787

Health Catalyst

3165 Millrock Dr #400
Salt Lake City, UT 84121

(801) 708-6800

Pluralsight

42 Future Way
Draper, UT 84020

(801) 784-9007

Extra Space Storage

2795 E Cottonwood Pkwy #400
Salt Lake City, UT 84121

(801) 562-5556

Clarus Corporation

2084 East 3900 South
Salt Lake City, UT 84124

(801) 278-5552

More About Small Business Accounting in Salt Lake City, Utah

Nestled against the stunning backdrop of the Wasatch Mountains, Salt Lake City stands as the vibrant capital of Utah, boasting a population of around 200,000 residents within the city limits and over 1.2 million in the metropolitan area. With a median age of approximately 31 years old, the city attracts a diverse range of residents, from young professionals drawn to its burgeoning tech scene to families seeking a high quality of life. Salt Lake City’s demographics reflect a mix of cultures and backgrounds, with a significant portion of the population identifying as Caucasian, followed by Hispanic, Asian, and African American communities, contributing to its rich cultural fabric.

Residents of Salt Lake City enjoy a unique blend of urban amenities and outdoor recreation, with easy access to world-class skiing, hiking, and biking trails just minutes away from downtown. The city’s thriving arts and culinary scenes, coupled with its strong sense of community, foster a dynamic and inclusive atmosphere. Whether exploring the historic streets of downtown, attending cultural events, or simply soaking in the natural beauty of nearby national parks, Salt Lake City offers something for everyone, making it a beloved destination for both locals and visitors alike.

In Salt Lake City, small business accounting plays a crucial role in supporting the city’s vibrant entrepreneurial ecosystem. With a growing number of startups and small businesses calling the area home, there’s a demand for specialized accounting services tailored to the unique needs of these enterprises. From managing day-to-day finances to navigating tax regulations and financial planning, local accounting firms and professionals provide essential support to help businesses thrive in a competitive market.

Organizations such as the Salt Lake Chamber of Commerce and local Small Business Development Centers offer valuable resources and networking opportunities for entrepreneurs looking to establish sound financial practices. Through workshops, seminars, and one-on-one consultations, small business owners gain access to expertise and guidance that can help them make informed financial decisions and achieve long-term success. As Salt Lake City continues to evolve as a hub for innovation and entrepreneurship, small business accounting remains a vital component of the city’s economic landscape, contributing to its growth and prosperity.

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 Salt Lake City 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.