Business Details
21 Years
experience
Trusted Accounting & Tax Services in Lacey, WA
Founded in 2005, Precisely Right Accounting has established itself as a trusted partner for individuals and businesses seeking comprehensive financial solutions. Led by IRS-Enrolled Agent Cynthia Knapp, our firm combines over two decades of expertise with personalized service to address complex accounting, tax, and financial planning challenges. We specialize in alleviating the administrative burdens of corporate finance, payroll management, and tax compliance, allowing clients to focus on core operations. Our services span personal financial planning, business accounting, tax preparation, and QuickBooks optimization, tailored to meet the unique needs of diverse industries including construction, healthcare, and real estate. With a commitment to transparency and client education, we provide strategic guidance for retirement planning, estate management, and succession strategies.Our team delivers the efficiency of a boutique firm with the reliability of an in-house accounting department, ensuring accurate, timely, and cost-effective solutions. By maintaining deep local community ties in Thurston County, we foster long-term partnerships built on trust and measurable results. Whether resolving IRS tax issues or implementing cash flow management systems, our approach prioritizes clarity, compliance, and client empowerment. Through continuous adaptation to evolving tax regulations and technology, we position ourselves as a forward-thinking resource for financial success.
Services
Tax Preparation
Payroll Management
QuickBooks Assistance
Financial Planning
IRS Tax Relief
Business Advisory
Estate Planning
Cash Flow Management
Accounting Software Training
Succession Planning
Details
- Year established: 2005
Highlights and features
- We offer 20+ years of specialized accounting expertise for diverse industries.
- Our team provides personalized IRS tax relief strategies and compliance solutions.
- We deliver customized QuickBooks setup and training for optimal efficiency.
- Our financial planning integrates risk management and wealth preservation techniques.
- We maintain deep local market knowledge of Thurston County business regulations.
Associations and certifications
- IRS-Enrolled Agent
What people say
Exceptional tax expertise
Reliable QuickBooks support
Personalized service
Effective IRS solutions
Proactive financial guidance
Services
Tax Preparation
Comprehensive tax preparation services for individuals and businesses ensure compliance with evolving IRS regulations. Our experts maximize deductions while minimizing liability through strategic planning. Clients receive personalized guidance for trust and estate tax filings, with proactive support for audit representation and penalty abatement.
QuickBooks Assistance
Professional QuickBooks setup, customization, and training optimize financial workflows for small businesses. We implement cloud-based solutions for real-time financial tracking and reporting. Periodic system tune-ups ensure accurate bookkeeping and seamless integration with third-party business tools.
IRS Tax Relief
Specialized representation for IRS audits, payment plans, and tax debt negotiation. We develop customized solutions for back taxes, wage garnishments, and lien releases. Our enrolled agent status provides authoritative advocacy during IRS proceedings while implementing preventive compliance strategies.
Business Advisory
Strategic advisory services cover cash flow management, succession planning, and business valuation. We develop financial frameworks for startups and established businesses, including internal control systems and financing applications. Industry-specific expertise supports construction, healthcare, and real estate sectors.
Payroll Management
Full-service payroll processing ensures compliance with federal and state regulations. We handle tax deposits, W-2/1099 reporting, and employee record maintenance. Integrated solutions connect payroll data with accounting systems for streamlined financial reporting and budget forecasting.
People
Cynthia Knapp
IRS-Enrolled Agent
Cynthia Knapp holds a Master's in Accounting and 20+ years of experience guiding businesses through complex financial challenges. As founder of Precisely Right Accounting, she specializes in tax strategy, QuickBooks optimization, and IRS representation while maintaining active community involvement in Thurston County.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive services including payroll management, financial reporting, cash flow analysis, and business tax preparation tailored to small business needs.
Can you help with IRS tax debt issues?
Yes, our IRS-enrolled agent specializes in tax debt resolution, including payment plans, penalty abatement, and lien/levy releases with strategic compliance solutions.
Do you offer QuickBooks training for business owners?
We provide customized QuickBooks training and system optimization to help business owners maximize software efficiency for their specific operations.
What industries do you specialize in?
We serve construction firms, dental practices, healthcare providers, real estate professionals, and hospitality businesses with industry-specific accounting expertise.
How do you handle business succession planning?
Our succession planning services include business valuation, transition strategy development, and tax-efficient transfer of ownership structures for long-term continuity.
Reviews (6)
Tiffany Masterson Moss
Jun 14, 2022
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Cynthia was quick, straightforward, and friendly with us. Couldn't have had a better experience. Thank you, Cynthia and the Precisely Right team :
Jennifer Levy-Peck
Jan 05, 2021
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Cynthia has been a terrific help to me over the past several years as I started and maintained a small business. She is always professional and patient, and I rely on her expertise. She listens to her clients and helps develop solutions to their concerns. I recommend Precisely Right as highly as possible. This business is a gem in our community.
R. K.
Nov 30, 2020
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Cynthia and her staff (especially Hope) are so great. Every time I call, they are polite, patient, and helpful. We use their firm for our business account at work, and I use them for my personal taxes. I like that Cynthia takes the time to explain things to me that I don't understand (which is a lot because I'm FAR from a tax intellect) and is very accommodating with her schedule. And Hope (my main contact for our business account) is always so easy to talk to on the phone.
She's ready to help in any way she can and never loses her patience, even when I present a confusing/convoluted scenario or problem. Thanks for all you guys do! Precisely Right is precisely right for me!
She's ready to help in any way she can and never loses her patience, even when I present a confusing/convoluted scenario or problem. Thanks for all you guys do! Precisely Right is precisely right for me!
Derek Stansbury
Oct 30, 2020
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Cynthia is always AMAZING! IF you don't get your taxes done at Precisely Right. Then you my friend are Precisely Wrong.
Casey Singleton
May 24, 2020
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Cynthia and her team went out of their way to provide exceptional customer service to me while working on my tax return. I can't thank them enough for the work they did. Highly recommend!
Monique F.
Dec 11, 2019
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I would of thought that a phone call saying that you will be charging an additional $50 to do the paper work would of been nice. I also would think that a returned courtesy call, telling us our taxes were not going to be a check but rather a $2,500. payment to the IRS instead would of been nice. There is and was no confusion. Look at the reviews and judge for yourself!