Business Details
Your Trusted Partner for Accounting and Tax Solutions
Lott Vernon & Company has built a reputation as a trusted accounting firm dedicated to delivering comprehensive financial services with personalized attention. Our philosophy centers on providing complete service through thoroughness, quality, and timely execution, ensuring clients receive the highest standard of professional support. We prioritize continuous professional development through formal courses, in-house training, and individual study, enabling us to maintain expertise across audit, tax, financial statement preparation, and advisory services.As members of the Southwest Practice Management Group, we leverage collaborative resources to enhance technical excellence while maintaining a client-focused approach. Our commitment extends beyond accountingwe actively engage in community leadership and service initiatives, aligning our expertise with the needs of the communities we serve. By fostering specialization within our team, we offer tailored solutions that address the unique challenges faced by individuals, businesses, and nonprofits.
Services
Tax Preparation
Estate Planning
Payroll Services
Audits Reviews Compilations
Small Business Accounting
Tax Planning
IRS Audit Representation
Business Valuation
QuickBooks Services
Succession Planning
Highlights and features
- Experienced professionals with decades of service in Texas
- Full-service accounting and tax solutions under one roof
- Commitment to professional development and community engagement
- Personalized service tailored to your financial needs
- Proven track record in resolving complex tax problems
Services
Tax Preparation
Our tax preparation services ensure accurate and compliant filings for individuals and businesses. We optimize deductions and credits to minimize liabilities while adhering to federal and state regulations. Clients benefit from proactive tax-saving strategies and timely submissions, supported by our team's deep understanding of evolving tax codes and documentation requirements.
Small Business Accounting
We handle bookkeeping, payroll, and financial reporting for small businesses, enabling owners to focus on growth. Our services include cash flow management, bank financing assistance, and internal control assessments to enhance operational efficiency. Clients receive reliable financial insights for informed decision-making and regulatory compliance.
Audits Reviews Compilations
We provide three assurance levelsaudits, reviews, and compilationsto meet stakeholder requirements. Audits offer the highest assurance through third-party verification, while reviews provide limited analytical assurance. Compilations present financial data without assurance. These services support banking covenants, investor relations, and regulatory compliance for businesses and nonprofits.
Estate Planning
Our estate planning guidance helps individuals protect assets and navigate complex probate processes. We collaborate with legal professionals to create strategies for wealth preservation, tax-efficient transfers, and elder care planning. Clients gain confidence in structured succession plans and compliance with inheritance regulations.
QuickBooks Services
We offer QuickBooks setup, training, and troubleshooting to streamline business accounting. Services include system customization, user training, and ongoing support for efficient financial management. Clients receive expert assistance in maintaining accurate records and leveraging software features for operational efficiency.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, cash flow management, and financial reporting services tailored to small business needs.
How can you assist with IRS tax problems?
Our team resolves issues like audits, back taxes, wage garnishments, and payment plans through strategic representation and compliance solutions.
What is the difference between audits and reviews?
Audits offer the highest assurance through extensive testing and third-party verification, while reviews provide limited assurance via analytical procedures without detailed testing.
Do you offer QuickBooks support for businesses?
Yes, we provide QuickBooks setup, training, troubleshooting, and optimization services to improve accounting efficiency for small businesses.
Reviews (3)
Vicki Levy
May 26, 2022
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I WOULD NOT RECOMMEND THIS CO TO ANYONE! The way they treated my Mother today was not only unprofessional it was down right insulting. My parents had been clients of this Firm for over 35 yrs. I have had to deal with this Co. for the past 4yrs bc my Mother is fully disabled. I have questioned their fees from day 1. The owner of the Co. pretty much admitted today they had been overcharging her bc she drastically reduced their fees from yrs prior, even though the Co. is doing the exact same thing they had been doing yrs prior. The receptionist has been rude to me from day 1. Idk how they keep any clients with her being so rude.
M. P.
Dec 27, 2021
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If you run a business that requires complicated services, these are the people for you. Professional in every sense of the word, and understanding of the complexities and ever changing dynamics of tax law, this firm will be able to handle your needs efficiently and timely. Have enjoyed a very professional relationship with them. Looking forward to years of growth.
Melissa B.
Oct 15, 2014
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I have been a client for years and would never consider changing accountants. The staff and partners are highly trained and work harder than I could possibly imagine. They offer Quickbooks assistance, tax preparation, audit services and much more. When I got a notice from the IRS, they were able to help me and I am thankful that this quality service exists in the community.
