Business Details
Your Trusted Partner for Accounting Solutions in Sarasota
Timm CPA is a family-owned accounting firm built on decades of professional collaboration between Doug and Susan Timm. Our practice combines deep local knowledge of Sarasota's business landscape with comprehensive expertise in tax planning, accounting, and advisory services. We serve diverse industries including construction, real estate, healthcare, and hospitality, prioritizing personalized solutions that align with evolving tax regulations. With Doug's extensive experience since 1985 and Susan's specialization in small business systems, we deliver tailored financial strategies.Our commitment to client education and technological proficiency, including QuickBooks certification, ensures businesses achieve long-term success through accurate reporting and proactive planning. We emphasize transparent communication and strategic partnerships to help clients navigate complex financial challenges.
Services
Comprehensive Tax Services
Accounting and Bookkeeping
Advisory Services
QuickBooks Support
Business Succession Planning
Highlights and features
- Family-owned firm with 35+ years of combined CPA experience
- Industry-specific expertise across construction, healthcare, and hospitality sectors
- QuickBooks Certified ProAdvisor for optimized accounting systems
- Client-centric approach emphasizing financial education and self-sufficiency
- Proven track record in tax compliance and strategic business advisory
Associations and certifications
- CPA
- QuickBooks Certified ProAdvisor
Services
Comprehensive Tax Services
Our tax planning and preparation services cover individuals, corporations, and nonprofits. We minimize liabilities through strategic compliance with evolving tax laws while maximizing financial opportunities. Expert representation during audits ensures clients receive professional advocacy with federal and state agencies.
Accounting and Bookkeeping
From startups to established businesses, we provide accurate bookkeeping, payroll processing, and financial reporting. Our QuickBooks expertise optimizes accounting systems for real-time insights, improving cash flow management and year-end tax preparation efficiency.
Advisory Services
We offer entity selection guidance, financial forecasting, and business succession planning. Our advisory services help clients implement cost-effective strategies, adapt to regulatory changes, and prepare for long-term sustainability through data-driven decision-making.
QuickBooks Support
As QuickBooks Certified ProAdvisors, we provide system setup, training, and troubleshooting. Our support ensures accurate financial tracking and reporting, helping businesses leverage software capabilities for improved operational efficiency and tax compliance.
Business Succession Planning
We develop contingency plans for business continuity during unexpected events. Collaborating with legal counsel, we address tax implications of ownership transfers, ensuring smooth transitions for partnerships, mergers, and acquisitions.
People
Douglas A. Timm
CPA
Doug Timm, a Sarasota native with 35+ years of experience, specializes in tax planning for corporations, trusts, and nonprofits. He combines local market knowledge with AICPA Tax Section membership to deliver strategic financial solutions.
Susan Y. Timm
CPA
Susan Timm focuses on small business accounting systems and tax preparation. As a QuickBooks Certified ProAdvisor since 1997, she trains clients to master financial tools while providing tailored bookkeeping and tax compliance services.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, QuickBooks setup/training, payroll processing, and financial reporting tailored to small businesses' needs.
Do you handle tax preparation for multiple business entities?
Yes, we prepare taxes for corporations, partnerships, trusts, estates, and nonprofits while ensuring compliance with state and federal regulations.
How can QuickBooks certification benefit my business?
Our QuickBooks expertise ensures proper system configuration, real-time financial insights, and efficient year-end tax preparation processes.
What advisory services help with business growth?
We offer entity restructuring, financial forecasting, and succession planning to support strategic decision-making for long-term growth.
Are you available for audit representation?
Yes, we provide professional representation during IRS or state audits, leveraging our experience to resolve tax authority inquiries.
