Looking for Spokane Accounting Services That Go Beyond Bookkeeping?

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

Serving the greater Spokane area’s 403,043 residents and 28,000 businesses spanning Millwood, Liberty Lake, Fairwood, and beyond for all of your Spokane small business accounting needs.

We'll Integrate with Your Accounting Software

We’re the Perfect Spokane 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 Spokane 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 Spokane 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 Spokane 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 Spokane
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 Spokane 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 Spokane
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 Spokane 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 Spokane 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 Spokane, Washington

Spokane Valley, WA
Post Falls, ID
Coeur d’Alene, ID Pullman, WA
Moscow, ID
Lewiston, ID
Cheney, WA
Hayden, ID
Rathdrum, ID
Sandpoint, ID
Walla Walla, WA
Moses Lake, WA
Liberty Lake, WA
Airway Heights, WA
West Richland, WA
Richland, WA
Pasco, WA
Kennewick, WA
Yakima, WA
Ellensburg, WA
Wenatchee, WA
Missoula, MT
Kalispell, MT
East Wenatchee, WA
Veradale, WA
Medical Lake, WA
Colville, WA
Deer Park, WA
Davenport, WA
Newport, WA

Adams Asotin Benton Chelan Clallam Clark Columbia Cowlitz Douglas Ferry Franklin Garfield Grant Grays Harbor Island Jefferson King Kitsap Kittitas Klickitat Lewis Lincoln Mason Okanogan Pacific Pend Oreille Pierce San Juan Skagit Skamania

Spokane Small Business Accountants is near Riverfront Park which is close to Mead, Liberty Lakes, and Greenacres. Manito Park, Spokane Arena, and Avista Stadium are also nearby.

FAQs

Who needs bookkeeping services the most?

Small businesses, startups, freelancers, and large corporations need bookkeeping services the most. They help manage finances, track income and expenses, ensure tax compliance, and maintain accurate financial records. Bookkeeping is essential for businesses seeking financial stability, growth, and informed decision-making while reducing accounting errors and regulatory risks.

What bookkeeping is mainly concerned with?

Bookkeeping is mainly concerned with recording, organizing, and maintaining financial transactions. It tracks income, expenses, assets, and liabilities to ensure accurate financial reporting. Bookkeeping helps businesses manage cash flow, prepare for taxes, and make informed financial decisions by maintaining well-structured and up-to-date financial records.

What makes bookkeeping services different from accounting services?

Bookkeeping services focus on recording and organizing financial transactions, maintaining ledgers, and reconciling accounts. Accounting services analyze financial data, prepare financial statements, ensure tax compliance, and provide strategic financial advice. While bookkeeping manages daily finances, accounting interprets and uses that data for business planning and decision-making.

What are the tax implications of bookkeeping?

Accurate bookkeeping ensures proper tax compliance by tracking income, expenses, and deductions. It helps businesses minimize tax liabilities, avoid penalties, and prepare accurate tax returns. Well-maintained financial records support audits, ensure timely tax filings, and provide transparency, making tax planning and strategy implementation more efficient and stress-free.

1 Fun And 1 Interesting Fact About Spokane!

Spokane is notable for being the birthplace of Father’s Day, celebrated since 1910 after local Sonora Smart Dodd advocated for a day to honor fathers like her own, who raised six children as a single parent. The city is also renowned for its beautiful Spokane Falls, a scenic waterfall located in the heart of downtown Spokane, which plays a central role in the city’s identity and is a highlight of the area’s extensive outdoor activities.

Spokane Small Business Accounting Resources

Washington Association of Accounting & Tax Professionals

PO Box 13579
Spokane Valley, WA 99213

(509) 993-2307

Spokane County Auditor’s Office

1116 W Broadway Ave
Spokane, WA 99260

(509) 477-2270

Washington Society of Certified Public Accountants

170 120th Ave
NE Ste E101
Bellevue, WA 98005 97204

(425) 644-4800

What is the Washington Association of Accounting and Tax Professionals?

The Washington Association of Accounting and Tax Professionals (WAATP) is a professional organization dedicated to supporting accountants and tax professionals in Washington state. WAATP offers its members educational resources, networking opportunities, and professional development workshops to enhance their skills and knowledge in the field of accounting and taxation. The association also provides legislative advocacy and updates on regulatory changes affecting the accounting profession. By fostering a community of knowledgeable and ethical professionals, WAATP aims to improve the quality of accounting and tax services in Washington.

What is the Washington Board of Accountancy?

The Washington State Board of Accountancy is a regulatory body that governs the accounting profession in Washington State. It is responsible for licensing and regulating Certified Public Accountants (CPAs) and CPA firms to ensure compliance with state laws and professional standards. The Board oversees the examination process for CPA candidates, maintains standards for continuing professional education, and enforces ethical practices among its licensees. By doing so, it protects the public by ensuring that accounting services are provided by qualified and ethical professionals. The Board also handles complaints and disciplinary actions to uphold the integrity of the accounting profession.

Spokane, Washington Local Resources

Small Business Accountant
Spokane

367 E 9th Ave
Spokane, WA 99202

(509) 255-7466

Spokane Valley Chamber of Commerce

10808 E Sprague Ave
Spokane Valley, WA 99206

(509) 924-4994

Spokane Office of Finance

808 W. Spokane Falls Blvd.
Spokane, WA 99201

(509) 625-6820

Spokane IRS Taxpayer Assistance Center

920 W Riverside Ave
Spokane, WA 99201

(844) 545-5640

Spokane Police Department

1100 W Mallon Ave
Spokane, WA 99260

(509) 625-4100

City of Spokane

808 W Spokane Falls Blvd
Spokane, WA 99201

(509) 755-2489

Top Companies in Spokane, Washington

Avista Corporation

1411 E Mission Ave
Spokane, WA 99202

(800) 227-9187

PotlatchDeltic Corporation

601 W Riverside Ave #1100
Spokane, WA 99201

(509) 835-1500

Rosauers Supermarkets

1815 W Garland Ave
Spokane, WA 99205

(509) 326-8900

Red Lion Hotels Corporation

201 W North River Dr #100
Spokane, WA 99201

(509) 459-6100

Cowles Company

999 W Riverside Ave
Spokane, WA 99201

(509) 459-5220

Washington Trust Bank

717 W Sprague Ave
Spokane, WA 99201

(509) 353-3865

More About Small Business Accounting in Spokane, Washington

Spokane, nestled in the scenic Inland Northwest, stands as Washington State’s second-largest city, boasting a population of approximately 220,000 residents. This diverse community reflects a rich tapestry of demographics, encompassing a blend of young professionals, families, and retirees. With a median age of around 35 years old, Spokane’s population enjoys a balance of urban amenities and natural beauty, drawing people from various cultural backgrounds to call it home. The city’s demographics showcase a mix of Caucasian, Hispanic, Native American, and other ethnic groups, contributing to its vibrant and inclusive atmosphere.

Residents of Spokane revel in its abundance of outdoor recreation opportunities, cultural events, and thriving local businesses. From hiking in Riverside State Park to exploring the vibrant downtown arts scene, there’s something for everyone in this bustling city. With a strong sense of community and a dedication to progress, Spokane continues to evolve while maintaining its small-town charm, making it a beloved destination for both residents and visitors alike.

Small business accounting in Spokane thrives within a supportive ecosystem, where local entrepreneurs can access a range of accounting services tailored to their needs. With a bustling entrepreneurial spirit, Spokane offers numerous accounting firms and professionals equipped to navigate the intricacies of financial management. From bookkeeping and payroll processing to tax planning and financial analysis, these services empower small business owners to focus on their core operations while ensuring compliance and financial health.

Organizations such as the Spokane Small Business Development Center play a pivotal role in supporting the city’s small business community by providing resources and guidance on accounting best practices. Through workshops, counseling sessions, and educational programs, entrepreneurs gain invaluable insights into managing their finances effectively and maximizing profitability. As Spokane continues to foster an environment conducive to business growth and innovation, small business accounting remains a cornerstone of success for the city’s vibrant economic landscape.

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 Spokane 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.