Phil Thompson & Associates - East Grand Forks, Minnesota

Phil Thompson & Associates: Comprehensive Financial Services in East Grand Forks

Phil Thompson & Associates is a well-regarded accounting firm located in East Grand Forks, Minnesota. They specialize in providing a wide range of financial services to individuals and businesses, emphasizing personalized attention and expert guidance. The firm’s commitment to accuracy, integrity, and client satisfaction has established them as a respected resource within the community. This profile details their services, location, accessibility, and client feedback, offering a comprehensive overview for potential clients.

Location and Accessibility

The firm is conveniently situated at 140 Gateway Dr NE #2, East Grand Forks, MN 56721, United States. This location offers easy access for clients throughout the region. Recognizing the importance of inclusivity, Phil Thompson & Associates prioritizes accessibility. They feature a wheelchair-accessible car park, a wheelchair-accessible entrance, and a wheelchair-accessible toilet, ensuring a comfortable and convenient experience for all visitors. It is recommended to schedule appointments in advance to guarantee personalized service and minimize wait times.

Contact Information

• Address: 140 Gateway Dr NE #2, East Grand Forks, MN 56721, United States
• Phone: 2182072296
• Website: philthompsonandassociates.com

Services Offered

Phil Thompson & Associates offers a diverse portfolio of accounting services tailored to meet the specific needs of their clients. Their core specialties include:

• Accountant Services: Providing comprehensive accounting support, including financial statement preparation, analysis, and reporting.
• Accounting Firm Services: Offering a full suite of services typically associated with a reputable accounting firm, including tax planning and business consulting.
• Bookkeeping Service: Managing day-to-day financial records, ensuring accuracy and compliance. This includes transaction recording, bank reconciliation, and accounts payable/receivable management.
• Tax Preparation: Expert tax preparation services for individuals and businesses, maximizing deductions and minimizing tax liabilities. Their team stays up-to-date on the latest tax laws and regulations.
• Tax Preparation Service: Specialized tax preparation service, including complex returns, business taxes, and estate tax planning.

Detailed Service Breakdown

Beyond the core specialties listed above, Phil Thompson & Associates provides more granular services. For individuals, they offer assistance with filing personal income taxes (Form 1040), property taxes, and sales taxes. For businesses, their expertise extends to:

• Small Business Accounting: Tailored solutions for small business owners, including setup, ongoing accounting, and financial projections.
• Corporate Tax Returns: Preparation and filing of corporate tax returns (Form 1120).
• Payroll Services: Management of payroll processing, tax withholding, and reporting.
• Financial Planning: Guidance on financial planning and investment strategies. (Note: Scope may vary, clients should confirm specifics).
• Audit Support: Assistance with audits, including preparation of schedules and documentation.

Client Feedback and Reputation

The firm’s dedication to quality service is reflected in their online reviews. As of the current information, Phil Thompson & Associates boasts 1 review on Google My Business with an impressive average opinion of 5/5. This high rating indicates a strong level of client satisfaction. While a single review provides a limited sample size, the 5-star rating suggests a positive experience for the client who submitted the review. Potential clients are encouraged to read the review and consider contacting the firm for a consultation to assess their specific needs.

Why Choose Phil Thompson & Associates

Several factors distinguish Phil Thompson & Associates from other accounting firms in the region:

• Personalized Service: They prioritize building strong client relationships and providing customized solutions.
• Expertise & Experience: The team possesses extensive knowledge and experience in accounting and tax matters.
• Accessibility: Their location and accessible facilities ensure a convenient and welcoming environment for all clients.
• Commitment to Accuracy: They are dedicated to providing accurate and reliable financial information.
• Proactive Approach: They stay informed about changes in tax laws and regulations to provide clients with the most up-to-date advice.

Potential Client Considerations

Before engaging the services of Phil Thompson & Associates, it’s advisable for prospective clients to:

• Schedule a Consultation: Discuss their specific needs and determine if the firm’s services align with their goals.
• Inquire About Fees: Obtain a clear understanding of the firm’s fee structure and payment terms.
• Verify Credentials: Confirm the firm's qualifications and licenses.
• Review Testimonials (if available): Although only one review is currently available, seeking additional references could provide further insights.

Conclusion

Phil Thompson & Associates presents a compelling option for individuals and businesses seeking reliable and personalized accounting services in East Grand Forks, Minnesota. Their commitment to accessibility, combined with their expertise in tax preparation, bookkeeping, and general accounting, positions them as a valuable resource for managing financial matters effectively. The positive client feedback, though limited, further reinforces their reputation for excellence.

👍 Reviews of Phil Thompson & Associates