Established in 1996, James E. Richman, CPA specializes in tax and audit services for individuals, nonprofit organizations, professional service practices, and small businesses.
The firm's team of seasoned professionals combines the experience of a large firm with the personal and collaborative attention that only a small firm can deliver. Services include tax return preparation, strategic tax planning, audit and appeal representation, business succession tax planning, estate and trust tax services, and a full range of nonprofit attest and consulting services. The firm is committed to timely, thorough communication and developing long-term client relationships.
Combines the experience of a large firm with the personal attention of a small firm
Collaborative service delivery approach
Specialized nonprofit services with dedicated associates
Hands-on involvement by founding CPA Jim Richman
Services
Tax Return Preparation
Preparation of federal and state tax returns for individuals, professional practices, and small businesses.
Federal and state tax returnsStrategic and efficient preparationExperienced tax associates
Tax Planning Services
Income tax planning to maximize savings, increase profits, and manage cash flows.
Income tax strategiesObjective guidanceLong-term financial goal focus
Audit & Appeal Representation
Representation of taxpayers before tax authorities in disputes and appeals.
Dispute resolutionAppeals process expertiseFavorable results focus
Business Succession Tax Planning
Advising businesses on succession planning to preserve legacy while managing tax consequences.
Family legacy preservationBusiness sale planningTax consequence management
Estate and Trust Tax Services
Designing estate plans in the most tax-efficient manner possible.
Comprehensive audit procedures providing the highest level of assurance on financial statements.
Highest assurance levelInternal control understandingFederal awards compliance
Credentials & Certifications
American Institute of Certified Public Accountants (AICPA) Peer Review
Since Triennial
Oregon Board of Accountancy Compliance
Since Annual
AICPA National Not-for-Profit Conference Attendance
Since Bi-annual
Uniform Guidance Continuing Education
Frequently Asked Questions
What types of clients does James E. Richman, CPA serve? +
The firm serves individuals, nonprofit organizations, professional service practices, and small businesses.
What nonprofit organizations does the firm work with? +
The firm works with social and human service organizations, community service organizations, arts/culture/membership organizations, faith-based organizations, professional associations, private schools, foundations, and health and welfare organizations.
What is the typical revenue threshold for a nonprofit requesting audit services? +
The typical threshold for an organization requesting audit services is $500,000-$750,000 in revenues.
What is the typical revenue threshold for a nonprofit first requesting review services? +
The typical threshold for an organization first requesting review services is $250,000-$500,000 in revenues.
What credentials does the firm maintain? +
The firm maintains compliance with annual continuing professional education requirements and participates in the triennial Peer Review program prescribed by the AICPA and the Oregon Board of Accountancy.
What additional education do nonprofit service associates maintain? +
Nonprofit service associates maintain compliance with additional continuing education required by Federal regulations for firms performing audits under the Uniform Guidance for nonprofits that expend more than $750,000 in Federal awards.
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