Pendleton Tax and Accounting Services

Mission and approach

• Provide clients with excellent service at a fair price.
• Evaluate each client's situation and prepare accurate tax returns that result in the lowest tax legally possible.
• Provide accurate and timely reports on each client's financial position.
• Maintain appropriate tax and accounting certifications.
• Educate clients so they can make better tax and business decisions and achieve their goals.
• Explore new products and knowledge areas that may benefit clients.
• Advocate and implement advances in technology to streamline workflows and reduce costs.

Firm background

• Pendleton Tax and Accounting Services has been in operation since 1989.
• The firm has provided tax and accounting services in Minneapolis, MN for over 20 years.

Owner and credentials

• The firm is owned and operated by Paul Pendleton.
• Paul has been an Enrolled Agent (EA) with the IRS since 1997.
• He has prior experience with a large national ("big box") tax firm preparing tax returns.
• He has taught basic tax preparation classes to the general public and advanced tax topics to other tax preparers.
• Paul is a QuickBooks ProAdvisor, certified in both QuickBooks Online and QuickBooks Desktop.

Value pricing

• The firm strongly believes in value pricing.
• Fees are based on the final result and level of service, not the amount of time spent.
• Multiple service levels are available so clients can choose the amount of support they need without overpaying.

Location and contact

• Address: 888 County Road D West, Suite 203, New Brighton, MN 55112
• Phone: 612-396-5735
• Email: Paul@PTASOnlineMN.com

Hours and appointments

• Hours of operation: By appointment only.

• Helps small business owners analyze financial details such as profitability by item or service.
• Assists with paying bills and creating invoices.
• Provides regular financial reports to help owners understand their financial position.
• Offers three primary service levels: Basic, Intermediate, and Full.

Basic service level

Includes:

• Reconciliation of up to 3 bank or credit card accounts.
• Review of receivables and payables you have entered.
• Monthly Profit and Loss (P&L) Statement.
• Monthly Balance Sheet.
• Monthly report on past-due customers.

Intermediate service level

Includes everything in Basic, plus:

• Reconciliation of 2 additional bank or credit card accounts.
• Profit and Loss (P&L) Statement by customer or job.
• Entering vendor bills and generating bill payment checks.

Full service level

Includes everything in Intermediate, plus:

• Reconciliation of all bank or credit card accounts.
• Weekly creation of invoices and monitoring of Accounts Receivable.
• A scheduled one-hour monthly visit (no trip charge).

Value pricing

• Fees are based on the scope of services and final results rather than hourly billing.
• Service levels are designed so businesses can choose the amount of support that fits their needs and budget.

Pendleton Tax and Accounting Services provides personal and business tax preparation services in the Minneapolis / Twin Cities area.

Individual tax preparation

• Preparation of individual income tax returns.
• Experience with complex situations such as:
• Rental properties
• Stock trades
• Focus on accuracy and helping clients pay the lowest tax legally possible.
• Support in understanding your return so you can make informed financial decisions.

Business tax preparation

• Tax preparation services for small businesses.
• Assistance with preparing Profit and Loss (P&L) statements needed for tax filings.
• Preparation of business tax returns with the goal of paying the lowest tax legally possible within the law.

Service philosophy for tax work

• Recognizes that taxes can be stressful and confusing and aims to simplify the process.
• Emphasizes accurate information and clear communication.
• Works as a partner with both individuals and business owners.

Pendleton Tax and Accounting Services provides payroll support for small businesses.

Payroll setup and processing

• Assists business owners with setting up payroll for current or future employees.
• Helps ensure there is a clear paper trail showing employees have been paid.
• Helps ensure appropriate income tax is withheld so everyone is properly covered at tax time.

Compliance and classifications

• Helps determine the difference between an employee and an independent contractor.
• Provides guidance on paying employees and contractors correctly.

Forms and filings

• Handles issuing and filing of Forms 1099-MISC.
• Ensures tax payments to the IRS and state are set up in a timely manner.

Experience

• Has been preparing payrolls for over 30 years.

• Available to discuss questions or concerns about your books or personal finances.
• Offers guidance on how to handle specific financial or bookkeeping situations you encounter.
• Provides help without requiring a long-term commitment.

QuickBooks support and training

• Owned and operated by a QuickBooks ProAdvisor, certified in QuickBooks Online and QuickBooks Desktop.
• Can provide one-on-one training for you and your staff.
• Helps you use QuickBooks more effectively for your business.

How consulting fits into other services

• Complements ongoing tax, accounting, and payroll services.
• Designed to give you practical, actionable advice tailored to your situation.

Ask anyway — the agent will say plainly that it is not published rather than guess.