Business Details
24 Years
experience
Trusted Accounting and Tax Services in Colorado Springs
Farnsworth & Associates is a full-service accounting and business consulting firm committed to delivering comprehensive financial solutions. Founded in 2002 by Jennifer Farnsworth, our team leverages decades of experience in tax planning, financial consulting, and business advisory services to serve individuals, small businesses, and larger partnerships. Jennifers expertise, rooted in her education at Stephen F. Austin State University and the University of West Florida, combined with her Certified Public Accounting license, ensures clients receive accurate, strategic guidance.We prioritize building lasting relationships, offering personalized services such as tax preparation, financial statement compilation, and QuickBooks consulting. Our relaxed yet professional environment fosters open communication, allowing clients to navigate financial challenges with confidence. With a focus on proactive tax strategies and community engagement, we aim to empower clients to achieve long-term financial success.
Services
Tax Planning
Tax Preparation
Corporate Tax Services
Partnership Tax Services
LLC Tax Services
Nonprofit Tax Services
Business Sale Consulting
Financial Statements
Bookkeeping
QuickBooks Consulting
Details
- Year established: 2002
Highlights and features
- Certified Public Accountants with decades of experience
- Personalized tax planning and financial consulting
- Specialized services for corporations, partnerships, and nonprofits
- Proactive approach to tax law compliance
- Locally-based with deep community ties
Associations and certifications
- Certified Public Accountant (CPA)
Services
Tax Planning
Our tax planning services focus on minimizing liabilities through proactive strategies aligned with evolving tax laws. We analyze individual and business financials to identify deductions, credits, and compliance opportunities. Clients benefit from tailored advice to optimize long-term tax efficiency.
Bookkeeping
We provide accurate, organized bookkeeping to ensure businesses maintain clear financial visibility. Services include transaction recording, account reconciliation, and financial reporting. Our systems empower clients to make informed decisions and prepare for audits or tax filings.
Financial Statements
We prepare comprehensive financial statements, including balance sheets, income statements, and cash flow analyses. These documents help businesses assess performance, secure financing, and meet regulatory requirements. Our focus is on clarity and accuracy for stakeholders.
QuickBooks Consulting
Our QuickBooks consulting streamlines financial management by optimizing software setup and usage. We train clients on features, troubleshoot issues, and customize workflows to improve efficiency. This service ensures businesses maximize their accounting technology investments.
Nonprofit Tax Services
We specialize in nonprofit tax compliance, including Form 990 preparation and exemption applications. Our team understands the unique regulatory challenges nonprofits face, offering guidance to maintain tax-exempt status and ensure transparent financial reporting.
People
Jennifer Farnsworth
Founder & CPA
Jennifer Farnsworth founded Farnsworth & Associates in 2002 after gaining expertise in local accounting firms. A Certified Public Accountant since 1996, she specializes in tax planning, financial consulting, and client relationship-building. Her approach emphasizes personalized service and community involvement.
Questions
What services does Farnsworth & Associates offer?
We provide accounting, tax planning, bookkeeping, financial statements, QuickBooks consulting, and specialized services for nonprofits and business transactions.
How does Farnsworth & Associates approach tax planning?
We take a proactive approach, staying updated on tax laws to identify opportunities that minimize liabilities and ensure compliance for individuals and businesses.
Are your services tailored to specific industries?
Yes, we serve individuals, small businesses, corporations, partnerships, LLCs, and nonprofits, offering customized solutions for each client's needs.
How can I schedule a consultation?
Call us at (719) 266-6454 to discuss your financial needs and arrange a personalized consultation with our team.
Do you offer QuickBooks support?
Yes, we provide QuickBooks setup, training, and troubleshooting to help businesses manage their accounting processes efficiently.
