Salt Lake City small business accountant Downing & Co. helps local businesses save up to $1 million annually with expert tax planning

Downing & Co. offers unparalleled tax services to secure the financial future of Salt Lake City businesses.

SALT LAKE CITY, UT / ACCESSWIRE / September 19, 2024 / Downing & Co., a leading small business accounting firm in Salt Lake City, offers expert tax advice and planning that can save Salt Lake City businesses from $10,000 to $1 million annually.

In a city where 92% of businesses are classified as “small,” employing 50 or fewer people, the importance of effective financial management cannot be overstated. As Salt Lake City’s economy continues to evolve and industries like healthcare, education, finance, and technology take center stage, local businesses feel pressure to maximize their financial performance.

The local business landscape is diverse, with the food and beverage, arts/entertainment and hospitality sectors still grappling with the effects of the economic downturn. Roberta Reichgelt, director of business development for the Salt Lake City Department of Economic Development, emphasizes the ongoing struggles: “Many are still struggling and may continue to do so in 2024.”

But Salt Lake City is also home to a burgeoning tech industry and a thriving startup culture fueled by a business-friendly environment, a strong job market, and a well-educated workforce. In this dynamic environment, small businesses are increasingly turning to specialized accounting services to navigate the intricacies of tax planning and secure their financial futures.

“Salt Lake City is a city of opportunity, but also of challenge, especially for small businesses,” says Tim Downing, managing director of Downing & Co. “As a small business accountant in Salt Lake City, we recognize the unique needs of our clients across industries from tech startups to family-owned restaurants. Our goal is to help them keep more of their hard-earned money and position their businesses for long-term success.”

Founded in 1964, Downing & Co. has expanded beyond traditional accounting to offer a comprehensive range of financial services, including tax planning, estate planning and wealth management. The firm’s client-centric approach ensures that each business receives a customized plan of action to minimize tax liabilities and maximize investment returns. Many clients see a 10x return on their tax planning investment.

“We’re not just here for tax season,” Downing adds. “We’re here year-round, helping our clients make every financial decision so they can focus on what they do best—running their businesses.”

For Salt Lake City small business owners, partnering with Downing & Co. means more than just compliance—it means proactive financial management that aligns with the city’s dynamic and growing economy. To uncover untapped opportunities in your tax strategies, schedule a free consultation with Downing & Co. today.

For more information about Salt Lake City Small Business Accountant Downing & Co., schedule a free consultation or visit https://downingpdx.com/locations/small-business-accountant-salt-lake-city/. Call us at (385) 519-0666.

About Downing & Co.:

Downing & Co. is a leading wealth planning accounting firm dedicated to helping high net worth individuals and small businesses save up to 40% in taxes now and in the future. Founded in 1964, Downing & Co. offers comprehensive services including tax planning, accounting and bookkeeping services, estate planning and wealth management.

Contact Information

JP Richards
Communications Director
[email protected]
(346) 660-4994

SOURCE: Downing & Co.

The original press release can be read at newswire.com.