What’s Better Than Just a Salt Lake City Estate Planning Attorney?

CPAs Who Can Save You Up to 39.9% of Your Entire Net Worth

We marry our CPA firm in Salt Lake City with estate planning attorneys to ensure a simple transition for your family and a legacy of wealth.

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.

Avoid Giving 40% of Your Net Worth to the Government

We get it…

It may not feel comfortable to talk about things that could go wrong in our lives. And since it’s “not important today,” it’s easy to push it off. But poor/no estate planning could cost your family up to 40% in taxes when your wealth transfers to them after you pass on.

Our CPA firm works with Salt Lake City estate planning attorneys to help you plan for:

Death
Divorce
Retirement
Partnership Dissolvement
Special Needs

That’s why we specialize in estate planning, wealth transfer advisory and tax planning, helping you and your family to retain the maximum amount of your net worth.

We’re the Perfect Estate Planning Financial Advisors
for You, If You…

Need a Plan

If you don’t have an estate plan (or your plan is outdated), 40% of your money/assets will likely end up in the government’s hands.

Want Peace of Mind

You want to know that your assets, business, and family will be taken care of if anything should happen to you.

Aspire to Leave a Legacy

You want to preserve your assets and set things up for your heirs so everything you’ve worked for is sustained for generations.

«For a small investment today in estate planning services, we could save you up to 39.9% in tax liability when your assets transfer to your loved ones, ensuring an abundant future for your family and giving you peace of mind and a legacy-driven purpose today.»

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 With a Passion for Estate Planning

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.

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

Our 5 Phases of
Proactive Planning

Proprietary Client Interview

Customized Proactive Action Plan

Wide Access to Experts

Implementation

Regular
Check Ins

Your Comprehensive
Estate Planning Services

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

4 Reasons to Work With Our Salt Lake City Tax Accountants

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.

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.

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 working with a Salt Lake City estate planning attorney?

Working with a Salt Lake City estate planning attorney ensures legal compliance, minimizes taxes, and protects assets. They provide tailored strategies for wills, trusts, and probate avoidance while addressing Utah-specific laws. Their expertise helps secure your legacy, prevent disputes, and ensure a smooth transfer of wealth to beneficiaries.

What should business owners in Salt Lake City consider in their estate plans?

Business owners in Salt Lake City should consider succession planning, tax strategies, asset protection, and business continuity in their estate plans. They should establish wills, trusts, and power of attorney to ensure smooth ownership transfer, minimize tax burdens, and protect their business’s financial future for heirs or partners.

What estate planning services are available in Salt Lake City?

Salt Lake City estate planning services include will and trust creation, probate avoidance, tax planning, asset protection, power of attorney, healthcare directives, and business succession planning. These services help individuals and families secure their assets, minimize taxes, and ensure a smooth transfer of wealth to future generations.

How do local estate planners help minimize taxes on inheritance?

Local estate planners help minimize inheritance taxes by utilizing trusts, gifting strategies, and tax-exempt accounts. They structure estates to reduce taxable assets, maximize deductions, and take advantage of Utah-specific tax laws. Their expertise ensures beneficiaries receive the maximum inheritance while minimizing tax liabilities and probate costs.

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.