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ACCOUNTING SERVICES

Whether you are looking for an experienced controller or support navigating daily accounting and regulatory requirements, we have a solution that fits your needs, when you need it.

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ASSURANCE & AUDIT

Do you require audited financial statements, fraud investigation or a comprehensive audit of your IT systems? Our assurance team will help you optimize your processes and minimize risks.

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BUSINESS AND INDIVIDUAL TAX

Sine 1942, we have been setting the standard for strategic tax planning and preparation. We pride ourselves on delivering quality, value-driven results to individuals and businesses alike.

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INTERNATIONAL ADVISORY

We specialize in helping transnational entities, businesses, entrepreneurs, and investors maximize global profits and solve commercial impediments inherent to the international sector.

POWERFUL INSIGHTS

September 2022 Newsletter

September 15, 2022

Intra-family loans may be beneficial to you and your family. Click through for the details. | It’s one of the most sweeping and most controversial bills passed in recent years. There’s a lot of confusion about what it will and will not do. Click through for a quick summary of the main provisions to see…

Home Office Deductions: More Complex Than They Seem

September 15, 2022

It can be challenging to determine allowable deductions for a home office. Following is a summary of key IRS provisions. Internal Revenue Code Section 280A IRC Section 280A includes the rules for home office deductions. A freelancer who works from home, for instance, must pass three tests in order to claim home office deductions: The…

The Inflation Reduction Act: What Does It Contain?

September 15, 2022

On August 12, Congress passed the Inflation Reduction Act, over 700 pages of economic changes. What does the Act do? And just as important, what does it not do? To start with the name, the Act’s proponents say the new law will fight inflation with deficit reductions-which makes many people ask, “Will my taxes increase?” The good…

Intra-Family Loans: Transferring Wealth to Finance Future Generations

September 15, 2022

Over the past couple of years, the economy has been pulled in all directions. The effects have been seen through record-high home prices, higher interest rates, and inflation. While federal efforts are being made to calm the waters, these economic ripples are chipping away at the ability to enter-and stay in-the housing market. Intra-Family Loan…

August 2022 Newsletter

August 15, 2022

Portability is often an effective, go-to estate planning strategy that could make a considerable difference for taxes owed on larger estates, especially with today’s generous exemption amounts.

Depositing and Reporting Employment Taxes

August 10, 2022

As an employer, you are required to uphold the responsibility of payroll taxes. As such, you must also ensure that you understand what the rules are, especially due to how complex they are. First and foremost, start  by ensuring you are aware of these three types of taxes, which you will need to send to…

Claiming a Child as a Dependent When Parents are Divorced, Separated, or Live Apart

August 10, 2022

The IRS has very specific rules about who may claim the child tax for tax purposes in situations where parents are divorced, separated, never married, or live apart and who share custody of a child with an ex-spouse or ex-partner. To avoid processing delays or costly tax errors, it is vital that taxpayers in these…

I’ll Get Back to You

August 10, 2022

When I started my career as a CPA, I was surprised to discover how fluid the tax law is. I had always thought that tax laws were black and white – you did what the IRS said, end of story. What I’ve learned in practice is that taking a position on a tax return is…

R&A CPAs Promotes Adam Foard to Shareholder

August 10, 2022

Tucson, AZ, July 25, 2022—R&A CPAs, one of Southern Arizona’s leading public accounting and business advisory firms, announced today that Adam Foard, CPA, has been promoted to shareholder. Foard has more than 10 years of experience in tax planning and preparation for businesses and high-net-worth individuals. His focus is in both domestic and international tax.…

TESTIMONIALS

PEOPLE

R&A’s most important asset is our people. We devote significant time and resources to keeping our staff current on the latest accounting topics. Our goal is to empower our team to grow in their career, building the skills necessary to serve our clients with best-in-class solutions.

CLIENTS

R&A’s clients are more than just a name on a form—we know that each client comes to us with a unique background and our team of professionals forge relationships with our clients that span generations of families and business owners.

COMMUNITY

We believe in the power of community and in the ability of our employees to effect positive change in Southern Arizona. Our employees serve as founders, board members, and volunteers in numerous not-for-profit organizations, and we are proud of the work they do.

For 80 years

R&A has been committed to helping our clients achieve their financial goals with comprehensive accounting, auditing, and advisory services.

Our success is based on a proactive approach that provides clients with specific strategies that meet their financial objectives. R&A’s professional staff demonstrates our strong commitment by finding the best opportunities and implementing solutions that specifically fit each client's unique needs.

Many of our clients are still with us since the beginning and through generations.

We welcome the opportunity to talk with you about your goals and opportunities!