Thomas & Company, CPA, P.C. is a Washington CPA firm dedicated to establishing long-term relationships with clients. Located in Vancouver, Washington, the firm serves clients both in Washington and the Portland, Oregon areas.
It provides a full range of tax, accounting, and consulting services to individuals and small to medium sized businesses, working closely with startup businesses to ensure a solid accounting foundation. The firm is committed to quality professional services, client accessibility, and personalized attention, guided by principles of professionalism, responsiveness, and quality.
Long-term client relationships
Client accessibility and personalized attention
Dedication to professionalism, responsiveness, and quality
Over 30 years of experience
Services
Tax Preparation
Preparation of tax returns for individuals and businesses.
Tax Planning
Strategic tax planning to minimize liabilities and maximize benefits.
IRS Audit Representation
Representation and support during IRS audits.
Small Business Accounting
Accounting services tailored for small businesses.
QuickBooks Services
Setup, training, and tips for QuickBooks accounting software.
"Thank you for being who you are and honest!!:))
Michelle S"
Frequently Asked Questions
What is a Qualified Small Business (QSB) stock? +
A QSB is a domestic C corporation engaged in an active trade or business that meets specific requirements, offering potential capital gains exclusions under federal tax law.
How does the One Big Beautiful Bill Act (OBBBA) affect QSB stock? +
The OBBBA increased the gross-asset limit to $75 million, introduced a tiered exclusion system (50% after 3 years, 75% after 4 years), and raised the per-issuer exclusion limit to $15 million for stock acquired after July 4, 2025.
What are common IRS audit risk areas for small businesses? +
Common risks include inconsistent income, excessive deductions, repeated business losses, weak recordkeeping, and worker misclassification.
What is an Educational Assistance Program under Section 127? +
It is an employer-sponsored plan allowing employees to receive tax-free educational benefits up to an annual limit, with recent legislation introducing inflation adjustments to the cap.
What security measures protect the Thomas & Company Client Portal? +
The portal uses SSL encryption, parameterized data calls, CAPTCHA brute-force protection, strong password policies, a CheckPoint UTM-1 Edge Firewall, real-time virus scanning, encrypted cross-server backups, FireSlayer DoS protection, TippingPoint IPS, detailed audit trails, and OS hardening.
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