BY RYAN SPELTS
A full-service CPA firm that help individuals and business owners manage their taxes.
Most individuals have their taxes done at a tax specialty firm like H&R Block. Pinnacle Accountancy Group of Utah can help anyone with taxes, and for less money than H&R Block, but their primary clients are businesses. When you own a business, things become much more complicated, and it becomes imperative to seek professional guidance. Especially if, as a business owner, you want to have sustained growth. Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of these plans is to be the most tax efficient as possible for a business.
Pinnacle Accountancy is a full-service CPA firm founded in Farmington in 2012 and expanded to Ogden in 2016. They help businesses with tax planning, tax preparation and consulting services, payroll, accounting, and full auditing services. It was founded by four partners: Kristofer Heaton, Cameron J. Pribble, Cory Hunter, and Natalie Murphy. These CPAs are helped by their professional tax staff of an additional eight people.
The firm’s goal is to educate clients on tax rules and to act as an advisor to business owners to help them grow their business. They believe that their clients should have a basic understanding of tax rules, so they can make educated financial decisions. This understanding of how things impact the business is important knowledge for a business owner, so they have the ability to work towards their goals efficiently. Pinnacle does not expect business owners to understand all the details (that is the CPA’s job), but they believe the owner should be involved in the decision-making process and understand the “why” behind their decisions.
Pinnacle CPAs are experts in tax law and can help with consulting services to help business owners know the maximum contributions they can make to reduce tax burdens and how they can be the most efficient with their tax expense.
Pinnacle wants a business owner to be able to submit the best file possible when submitting their taxes so their business can thrive. Pinnacle can also help them understand when it might be appropriate for the business to pay more in taxes, depending on their future goals. Whatever the business owner’s overall goals are, Pinnacle wants to help them be in the best position to meet those goals.
Another service the firm can perform is financial auditing Any company that is traded publicly is required by law to have an annual audit done on their books. Most CPA companies do not offer this service, but Pinnacle Accountancy Group is able to perform audits for any size company. They can also audit the books for a private company that may need occasional audits done as a requirement for business loans.
2020 has been a unique year, and while here have not been any changes to tax law or rules yet this year, there likely will be. As the federal government attempts to guide our economy through the ramifications of COVID-19’s shutdowns and other impacts, they will likely offer incentives to businesses to help them continue to operate and to save jobs. As those changes come about, the professionals at Pinnacle Accountancy Group will be ready to help their clients navigate these uncommon times.
Pinnacle Accountancy Group has the staff and experience to handle even the largest of companies in the Ogden area, but they also love working with smaller businesses and individuals. Their goal is to help people strategically manage their tax and financial needs for maximum growth and success.
1438 N. Hwy 89 Ste 120