1

cyclist on rugged trail
man photography camera on tripod
dad and son fishing on dock
ship container on the ocean
comment cloud icon

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.

dollar sign under magnify

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.

percentage sign

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.

globe icon

INTERNATIONAL ADVISORY

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

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 not-for-profits throughout Tucson, and we are proud of the work they do to make our community what it is.

For nearly 80 years

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

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

Many of our clients are still with us since the beginning and reflect the diverse and unique character of the Southern Arizona business community. These clients lead the way in international and foreign trade, not for profit service, technology, innovation as well as education and tourism.

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

POWERFUL INSIGHTS

Planning Ahead for Tax Credits and Deductions

September 2, 2021

Most people use software or hire an accountant to help them find all the deductions they can subtract from their taxable income and all the credits they can subtract from their final tax bill. But most tax breaks require you, the taxpayer, to plan ahead. Even the most skilled accountant can’t deduct a charity donation…

What To Know About the New Lease Accounting Standard

September 2, 2021

Every day that passes marks less time for private companies to get ready for ASC 842, the new lease accounting standard. The standard applies to any company preparing financial statements under generally accepted accounting principles. Private companies will have to comply with this standard in fiscal years beginning after December 15, 2021, and interim periods…

What Not-For-Profits Need to Know About Form 990

September 2, 2021

Purpose of Form 990 Nearly all the approximately 1.74 million organizations recognized as tax exempt by the IRS must file Form 990 or another form in the same series annually. Churches are not required to file any of the forms in the IRS 990 series. The Form 990 series is intended to make a not-for-profit organization’s…

Is This Your Situation: You Need Accurate Monthly Financials

August 12, 2021

Monthly financial reporting helps owners, managers, and potential lenders get a better understanding of a company’s current financial status and anticipate future performance. You can see financial trends when you examine daily, weekly, and monthly financial reports. You’ll be able to manage long-term profitability by improving internal business performance while staying updated on significant progress…

What Papers Do You Need To Save?

August 12, 2021

Sometimes it feels good to get rid of clutter. Cleaning out papers we have kept for years is a good project. But there are some guidelines to be aware of before you put a pile of papers on the scrap heap. Individual circumstances guide the exact documents that should be retained, but there are some…

Deciding Whether You Can Claim R&D Benefits

August 12, 2021

The research and development tax credit is a tax incentive program. Also known as the research and experimentation tax credit, the research tax credit, or the R&D credit, the credit allows a company to recover a portion of their R&D costs through tax credits. Many incorrectly think the R&D credit only applies to companies that actually…

Nonresident Individuals and Tax Returns

July 7, 2021

Form 1040-NR is a version of the IRS income tax return for nonresident individuals to file if they earned income from US sources throughout the year. As with regular Form 1040, those who fill out Form 1040-NR may either owe more money or be entitled to a refund. Before considering whether you need to fill out…

Did You Know? R&A Offers Business Valuation Services

July 7, 2021

You want to know the value of your business. R&A can help you with that. Many business owners are faced at some point with the question “What is my company worth?” This question can arise for many reasons including a potential sale of the company, the buyout of a retiring shareholder, shareholder litigation, a divorce, management…

Are You Spending Too Much on Bookkeeping?

July 7, 2021

Wondering what your options are to reduce spending and increase income? Here are some tips: Organize your documents and communications. Receipts scattered? Can’t keep up with payments that are due? Missed payments result in late fees and interest charges, and all those do are increase the overall amount to be paid each month. You’ll be paying more…