Twenty20 Tax and Consulting PC

Bringing your financial picture into focus

Accountant in Lake Oswego, OR (show on map)

A CPA firm providing tax, accounting, and business consulting services to individuals and businesses in Oregon and Southwest Washington.

Call (503) 821-2868

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About

Twenty20 Tax and Consulting is a certified public accounting firm based in Lake Oswego, Oregon, that goes beyond traditional tax preparation. They focus on year-round client partnerships, providing proactive financial analysis, tax planning strategies, and business best practices advisory.

Their services include monthly or quarterly accounting, quarterly tax planning, year-end tax planning, tax preparation, entity structure planning, and business consulting. They serve clients across the Portland Metro area, throughout Oregon, and in Southwest Washington.

Year-round partnership model rather than just annual tax prep

Big-picture financial analysis that helps clients make confident decisions

Comprehensive services including business consulting, tax planning, and accounting all in one place

Focus on proactive strategies to minimize tax liability and seize opportunities

Specialized industry expertise across multiple niches

Services

Business Consulting

Objective oversight and trained analysis to catch small problems before they escalate, ensuring business opportunities are not missed.

Financial analysis Business best practices Proactive strategy

Tax Planning

Identifying appropriate tax positions aligned with business and personal goals, including quarterly and year-end planning to minimize liability.

Quarterly tax planning Year-end tax planning Tax incentive identification

Tax Preparation

Completing and filing tax returns for individuals and businesses, including federal, state, and local tax compliance.

Income tax compliance Federal tax filing State and local tax planning

Accounting/Bookkeeping

Monthly or quarterly accounting services, including review of bookkeeping and financial statement analysis.

Monthly bookkeeping Quarterly review General accounting

Entity Structure Planning

Advisory and planning for business entity selection and structure, including LLC, S Corporation, and C Corporation.

Entity selection Structure optimization Succession planning

Credentials & Certifications

Certified Public Accountant (CPA)

Frequently Asked Questions

What services does Twenty20 Tax and Consulting offer? +

They offer Business Consulting, Tax Planning, Tax Preparation, Accounting/Bookkeeping, and Entity Structure Planning, along with budgeting, succession planning, and business best practices advisory.

Who are the typical clients for Twenty20? +

They serve individuals, corporations, partnerships, trusts, and estates, with specialized focus on professional practices, real estate and construction, small to medium businesses, restaurants and hospitality, and consultants.

Does Twenty20 accept clients who only need personal tax returns? +

No, they are not accepting clients who only need personal tax returns unless they include a single-member LLC (Schedule C) that can also benefit from additional bookkeeping/accounting and tax planning services.

What industries does Twenty20 specialize in? +

They specialize in Professional Practices, Real Estate and Construction, Small to Medium Businesses, Restaurants and Hospitality, and Consultants.

Where is Twenty20 Tax and Consulting located? +

They are located at 5 Centerpointe Drive, Suite 570, Lake Oswego, OR 97035, serving the Portland Metro area, throughout Oregon, and Southwest Washington.

What is the firm's approach to client relationships? +

They believe in partnering with clients and building close relationships, paying attention to details all year rather than just reviewing financial statements once a year for tax prep.

What is the One Big Beautiful Bill Act (OBBBA) and how does it affect taxpayers? +

Signed into law on July 4, 2025, the OBBBA brings sweeping changes to the U.S. tax code including permanent lower tax rates, increased standard deductions, new deductions for tip and overtime income, and expanded business credits. Many provisions take effect immediately while others have specific deadlines.

What is the Oregon Pass-Through Entity Elective Tax (PTE-E)? +

For tax years beginning January 1, 2022 through end of 2023, S-corps and partnerships in Oregon may elect to pay tax at the entity level on Oregon-source income. The first $250,000 of distributive proceeds is taxed at 9%, and amounts exceeding $250,000 are taxed at 9.9%.