Oops!
404 Error
It looks like the page you’re trying to reach has a broken link. Sorry about that! Hopefully one of these links will help:
Services
-
Personal Accounting & Tax Prep
Let us help you minimize your tax bill with some smart planning that will leave more money in your pocket.
-
Business Accounting & Tax Prep
Our firm specializes in helping corporations of all sizes to manage and minimize federal and state tax risks and liabilities.
-
Partnership Accounting & Tax Prep
Partnerships can lead to some of the most complicated accounting and tax return situations. We can help you navigate, prepare and file your partnerships with ease.
-
Financial Compilations & Reviews
Whether you’re starting a new business or are in need of a financial statement, our team can provide you with the documents needed to meet your financial goals.
-
Bookkeeping & Payroll Services
Our experienced bookkeepers and accountants can take care of your payroll and financial tasks so you can focus on running your business.
-
Monthly, Quarterly & Year End Services
We offer a variety of bookkeeping, payroll, L&I, B&O and other services that can be customized to fit your business’ specific ongoing or as-needed needs.
-
Financial & Tax Consultations
Are you doing your own taxes this year? Or have a question about your business’ financial strategy? We’re here to answer any questions you may have.
-
HOA Accounting & Tax Prep
We’ll help you save time with your association’s accounting by providing monthly and annual financial reporting, billing and/or accounts receivables services.
"Sherwood and Co has been preparing our taxes and providing our chiropractic business sound tax and business advice since 2001. Their staff is professional, always up to date, and always responsive to the specific needs of our industry, office, and individual financial fitness and responsibilities. They have always treated us like their own family. We look forward the next 20 years of our relationship. Thank you Sherwood and Co!"
— TIFFANY & JOHN TANASSE, TANASSE CHIROPRACTIC
What to expect
1
Introductions.
We’d love to get to know all about you, your business and your financial wants and needs while you’re welcome to dive into as much as you’d like about our service processes, accounting and tax prep background and boutique-style client experience.
2
Personalized plan.
Once we’ve gathered information about your wishlist and financial needs, we’ll compile a personalized plan for getting your tax prep, accounting, payroll, bookkeeping and any other services that we think could be beneficial to you.
3
Paperwork made easy.
Whether you prefer a fully online client portal or a pen-and-ink, linen folder approach, we’ll offer you a step-by-step plan for gathering any information we’ll need from you each tax or accounting-service period.
4
Sit back and relax.
No matter if you’re using our monthly, quarterly, annual or one-time services, we’ll make sure to take care of your tax, accounting and/or financial needs with minimal effort on your behalf. Choose to be as involved or laid back as you prefer and let us do your heavy lifting.
FAQs
I don’t have a business. Is Sherwood & Co, PS. the right accounting firm for me?
Yes! While our focus is on corporate tax prep and accounting, we value and love our personal clients! We would love to help you with your annual tax filing or bookkeeping needs, whether you have multiple properties, a unique family arrangement or you’d just like to not worry about the technicalities of filing each year. We’ll help you to walk away each tax season with as much money left in your pocket as possible, using our decades worth of tax prep experience and strategic financial planning.
Why should I use an accounting firm to do my taxes instead of filing myself?
With decades worth of accounting and tax prep experience and education, we tend to offer a more nuanced approach to tax returns and may be able to spot opportunities that you may miss on your own. Of course we support you in whichever route you take - if you would prefer to use a self-serve tax filing service, we would love to support you through financial consultations if you’d like any help with your own filing. From our experience, we find that our accounting and tax prep clients tend to walk away with a much larger tax return or owe less than they did when they used self-serve services in prior years - ultimately, this means it can actually be less expensive to use our services than to do it on your own!
How much should I expect to pay for my services?
Because tax returns are each as unique as the person needing them, it’s nearly impossible to create a one-size-fits-all price. However, we also understand that shopping around for an accountant or tax specialist can be time consuming when you don’t know price ranges!
Thus, our personal clients tend to pay between $400-$600 and our business clients on average pay between $1200-$2000+ depending on the complexity of the business. All business returns include a complimentary personal return.
Will my return be finished by April 15th?
If you’re on a time crunch or need your return filed sooner for any reason, we will do our best to ensure that your return is filed as soon as possible, and yes! This might mean April 15th or even earlier. If you aren’t stressed for time, or if you need more time to gather your documents for this year, your return will be placed on extension and filed anytime before October 15th.
Is there an additional fee for going on extension?
Not at all! And in fact, if you need additional time to gather your documents or if you aren’t stressed for time, we are always grateful for out clients who don’t mind waiting an extra few months, as it helps us to even out our workflow throughout the year.
What information will I need to gather?
Since all of our clients have different financial situations, each one will need different documentation for the year. While this may sound intimidating, we will ensure that we walk you through all of the documents that you will uniquely need so that you aren’t left guessing at any stage! That said, some of the most common documents that our clients might need are:
W-2s
1099s (interest, dividends, brokerage statements, mortgage interest)
Student loan documents
Charitable contributions
Income and expenses for a small business or rental