Business Details
44 Years
experience
Your Trusted Accounting Partner in Carrollton, TX
Stokes & Powell CPAs has been a trusted financial partner since 1982, founded by Mark Stokes and Wayne Powell with a commitment to personalized service and professional excellence. Our team of certified public accountants and tax professionals brings decades of combined experience in tax planning, accounting, and strategic consulting for individuals and businesses. We specialize in serving real estate, construction, professional services, and nonprofit sectors, delivering tailored solutions to maximize financial success. Our approach emphasizes transparency, integrity, and long-term client relationships built on trust and mutual understanding. We assist with complex tax compliance, IRS dispute resolution, and business succession planning while leveraging technology like QuickBooks consulting to streamline financial operations.Clients benefit from our industry-specific expertise and dedication to resolving challenges through jargon-free communication. With a legacy rooted in Carrollton, TX, we continue to prioritize client needs with the same care established at our founding. Our professionals maintain rigorous certifications and stay current with evolving tax laws to ensure accurate, proactive advice. We measure success by the confidence clients gain in making informed financial decisions for their businesses and personal goals. Through client-centered consultations and accessible support, we empower individuals and organizations to achieve sustainable growth and financial stability.
Services
Tax Planning
IRS Problem Resolution
Business Consulting
Bookkeeping
Succession Planning
Trust and Estate Planning
New Business Consultations
QuickBooks Consulting
Details
- Year established: 1982
Highlights and features
- We offer over 40 years of combined CPA experience
- Tailored financial strategies for your unique needs
- Specialized expertise in real estate and construction accounting
- Proven success resolving IRS notices and tax disputes
- Personalized QuickBooks consulting for efficient financial management
Associations and certifications
- Certified Public Accountant (CPA)
- Enrolled Agent (EA)
Services
Tax Planning
Proactive tax planning minimizes liabilities and maximizes savings through customized strategies. Our CPAs analyze financial situations to implement deductions, credits, and deferral opportunities aligned with long-term goals. We ensure compliance while optimizing tax-efficient solutions for individuals and businesses.
IRS Problem Resolution
Professional representation for IRS notices, audits, and payment disputes. We negotiate installment agreements and penalty abatements while ensuring compliance with tax regulations. Our team simplifies complex IRS processes to protect clients' financial interests.
Business Consulting
Comprehensive business advisory services covering formation, growth strategies, and succession planning. We provide industry-specific financial analysis, cash flow management, and operational optimization to enhance profitability. Our consulting supports informed decision-making at every business stage.
Bookkeeping
Accurate bookkeeping maintains organized financial records for compliance and decision-making. We offer cloud-based solutions with real-time reporting, accounts payable/receivable management, and reconciliation services to ensure financial transparency and regulatory adherence.
Succession Planning
Strategic succession planning prepares businesses for smooth ownership transitions. We develop contingency plans, valuation strategies, and legal document coordination to protect business continuity and preserve wealth across generations through tax-efficient structures.
People
Wayne Powell
Certified Public Accountant
With over 40 years of accounting experience, Wayne Powell specializes in strategic tax planning and business consulting. His expertise in real estate and construction accounting helps clients optimize financial outcomes through personalized solutions.
Andrea Coe
Certified Public Accountant
Andrea Coe brings extensive knowledge in individual and business tax compliance, focusing on minimizing liabilities while ensuring regulatory adherence. Her client-centered approach simplifies complex financial matters for long-term planning success.
Dawn Paskel
Enrolled Agent
Dawn Paskel specializes in IRS compliance and dispute resolution, leveraging her federal tax practitioner certification to navigate complex tax notices. She provides expert guidance for audit defense and payment plan negotiations.
Sheila Powell
Client Relations
Sheila Powell manages client communications and office operations, ensuring seamless service delivery. Her 20+ years of experience in accounting administration supports personalized client interactions and efficient practice management.
Mark Stokes
Founding Partner (Retired)
Mark Stokes co-founded the firm in 1982, establishing its reputation for ethical accounting services. As former Carrollton mayor, he brought civic leadership to financial consulting before retiring while maintaining the firm's core values.
Questions
What accounting services do you offer?
We provide tax planning, bookkeeping, business consulting, IRS problem resolution, and succession planning. Our services cover individuals, small businesses, and organizations in real estate, construction, and nonprofit sectors.
How do you handle IRS notices?
Our team represents clients in IRS compliance matters, negotiating payment plans and resolving audit disputes. We implement tax-efficient solutions to minimize liabilities while ensuring regulatory compliance through expert documentation review.
Can you assist with business formation?
Yes, we guide new businesses through entity selection, registration, and tax planning. Our consultants develop financial frameworks for startups to establish strong accounting systems from incorporation through growth stages.
Do you serve industries outside Carrollton?
While based in Carrollton, TX, we serve clients nationwide across real estate, construction, and professional services industries. Our cloud-based accounting solutions enable efficient remote collaboration for businesses in multiple locations.
What QuickBooks support do you provide?
Our consultants offer QuickBooks setup, customization, and training. We implement tailored accounting systems for accurate financial tracking, reporting, and compliance while integrating with existing business operations.