Business Details
Trusted Accounting Services in Texarkana
Thomas & Thomas CPAs has been delivering expert accounting and financial guidance to individuals and businesses in the Ark-La-Tex region for over six decades. Our firm combines deep industry experience with a commitment to personalized service, offering comprehensive solutions in tax management, audit services, financial planning, and business consulting. We prioritize close client collaboration, leveraging our team's extensive expertise to address complex financial challenges and support long-term growth.As a trusted local leader, we maintain rigorous professional standards while adapting to evolving regulatory landscapes. Our dedication to excellence is reflected in our peer-reviewed quality assurance processes and active involvement in professional organizations like the AICPA and state CPA societies. By focusing on transparency, responsiveness, and continuous improvement, we ensure clients receive actionable insights tailored to their unique circumstances.
Services
Tax Return Preparation
Audit Services
Accounting Services
Consulting Services
Payroll Processing
Financial Planning
Estate Planning
Business Entity Selection
Depreciation Computations
Financial Statement Compilation
Highlights and features
- We offer over 60 years of specialized accounting experience in the Ark-La-Tex region
- Our team includes CPAs with leadership roles in national professional organizations
- We provide comprehensive services from tax planning to audit attestation
- Our peer-reviewed quality assurance processes demonstrate commitment to standards
- We maintain deep local business community connections through active involvement
Associations and certifications
- AICPA Peer Review Program
Services
Tax Return Preparation
We prepare federal and state tax returns for individuals, corporations, and trusts while providing strategic tax planning. Our services include business entity selection, estate tax planning, and IRS representation. Clients receive customized guidance to minimize liabilities and ensure compliance with evolving tax regulations.
Audit Services
Our team conducts comprehensive financial statement audits and reviews for businesses, nonprofits, and government entities. We follow AICPA standards to verify accuracy, ensure regulatory compliance, and provide assurance to stakeholders through detailed reporting and attestation services.
Accounting Services
We offer full-cycle accounting solutions including payroll processing, depreciation schedules, and QuickBooks support. Our services ensure accurate financial record-keeping through monthly/quarterly bookkeeping, personal financial statements preparation, and accounts receivable management tailored to business needs.
Consulting Services
Our consulting services focus on financial projections, business valuations, and operational strategy. We help clients develop business plans, analyze financial ratios, and make data-driven decisions for growth through customized financial modeling and systems analysis.
Payroll Processing
We manage complete payroll solutions including tax return preparation, wage reporting, and compliance with federal/state regulations. Our services ensure accurate employee payments, timely tax deposits, and detailed payroll record-keeping for businesses of all sizes.
People
Mason Andres
CPA
Mason Andres, CPA, has over 60 years of experience in public accounting. He served on AICPA leadership committees and received multiple professional awards for service and education contributions.
Monty Casteel
CPA
Monty Casteel specializes in tax services with 30+ years of experience. He previously served on the Arkansas State Board of Public Accountancy and maintains active roles in local civic organizations.
Tim Holt
Audit Manager
Tim Holt leads audit engagements with 25+ years of experience. He holds leadership roles in the Texas CPA Society and actively mentors accounting students through university programs.
Andrew Graves
Audit Senior
Andrew Graves specializes in nonprofit and government audits. He brings 10+ years of experience and maintains CPA licenses in multiple states while working remotely from Idaho.
Glenda Musgrove
Office Manager
Glenda Musgrove has managed office operations since 1981. With a background in accounting and sales service, she ensures smooth daily operations and client service coordination.
Questions
What accounting services do you offer?
We provide tax return preparation, audit services, financial statement compilation, payroll processing, and business consulting tailored to individual and corporate needs.
Do you serve businesses outside Texarkana?
Yes, we serve clients throughout the Ark-La-Tex region including Arkansas, Louisiana, and Texas border areas.
How experienced is your team?
Our CPAs collectively hold over 200 years of experience with specialized expertise in tax law, audit attestation, and business financial strategy.
Can you assist with nonprofit accounting?
Yes, we offer specialized services for nonprofit organizations including tax compliance, financial reporting, and grant management support.
