Business Details
Trusted Accounting and Tax Services in Providence, RI
For over 25 years, Larry B Parness has been dedicated to providing innovative accounting and financial services tailored to individual and business needs. Our firm specializes in tax preparation, financial planning, wealth management, and business consultation, combining personalized service with cutting-edge technology to deliver actionable solutions. With a holistic approach, we prioritize understanding each client's unique goals to develop customized strategies that optimize financial outcomes. Our team, led by Larry B Parness, CPA, CGMA, and PFS, brings decades of expertise in taxation, corporate management, and retirement planning, ensuring clients receive comprehensive guidance.Nikki M. Parness, CFP and CPA, extends this legacy with a focus on integrated financial solutions, while Office Manager Leah Anderson ensures seamless client support. We emphasize transparency, continuous professional development, and community engagement, positioning ourselves as trusted advisors in Providence, RI.
Services
Tax Preparation
Financial Planning
Wealth Management
Bookkeeping
Business Development Consultation
Estate Planning
Retirement Planning
Tax Consultation
Online Tax Organizer
Client Portal Services
Highlights and features
- We offer over 25 years of experience in accounting and financial services.
- Our team includes certified professionals with CPA, CFP, and PFS designations.
- We provide personalized, holistic financial planning tailored to client goals.
- Our firm utilizes secure, up-to-date technology for efficient client collaboration.
- We prioritize transparent communication and community-driven financial education.
Associations and certifications
- American Institute of Certified Public Accountants (AICPA)
- Certified Financial Planner Board of Standards, Inc.
Services
Tax Preparation
Our tax preparation services focus on strategic, year-round tax management to minimize liabilities and maximize savings. We provide personalized advice on tax consequences for spending, investments, and financial decisions, ensuring compliance with evolving regulations. Clients receive tailored guidance during tax season, including electronic filing and documentation support.
Financial Planning
We develop customized financial plans through a six-step process, starting with assessing client goals and current financial status. Our approach integrates savings, investment strategies, and progress monitoring to build long-term wealth. Services include retirement planning, estate administration, and risk management tailored to individual circumstances.
Wealth Management
Our wealth management services focus on preserving and growing client assets through diversified investment strategies. We address estate planning, charitable legacy creation, and education funding while minimizing tax burdens. The goal is to secure retirement income and ensure efficient wealth transfer across generations.
Bookkeeping
We offer real-time online bookkeeping solutions to streamline financial operations for businesses. Services include managing accounts payable/receivable, payroll processing, and tax compliance. Our systems ensure accurate record-keeping, timely bill payments, and seamless integration with client workflows to enhance efficiency.
Business Development Consultation
Our consultation services assist businesses in expansion, budgeting, and financial software implementation. We provide strategic advice on reducing operational costs, optimizing tax benefits, and improving profitability. Clients receive support in navigating regulatory requirements and leveraging technology for sustainable growth.
People
Larry B Parness
CPA, CGMA, MST, MBA, PFS
With over 40 years of experience, Larry specializes in taxation, financial planning, and business consultation. He holds advanced degrees and certifications, including a Masters in Tax Science and the Personal Financial Specialist designation. Larry prioritizes personalized client relationships and community engagement.
Nikki M. Parness
CFP, CPA, MBA
Nikki combines CPA and Certified Financial Planner credentials to deliver integrated financial solutions. She has prior experience at Fidelity Investments and public sector budgeting. Her focus areas include small business advising, tax planning, and financial education for entrepreneurs.
Leah M. Anderson
Office Manager, Bookkeeper
Leah brings 13 years of financial and administrative experience, managing client relations and operational workflows. She ensures seamless coordination between clients and the team, leveraging her background in corporate management and office administration to enhance service delivery.
Questions
What accounting services do you offer?
We provide tax preparation, financial planning, wealth management, bookkeeping, and business development consultation tailored to individual and business needs.
How does your tax preparation process work?
Our process includes year-round tax strategy, personalized consultations, electronic filing, and documentation support using secure online tools like My1040Data and Sharefile.
What is your approach to financial planning?
We use a six-step method assessing your current status, setting goals, developing strategies, implementing plans, and ongoing progress monitoring for long-term financial success.
Do you serve clients outside Providence, RI?
While based in Providence, we work with clients remotely using secure digital platforms to ensure accessibility beyond our local area.
What credentials do your team members hold?
Our team includes Certified Public Accountants (CPA), Certified Financial Planners (CFP), and specialists with advanced degrees in taxation and business administration.
How can I securely share documents with your firm?
Clients use our Citrix Sharefile portal for encrypted file transfers, ensuring safe and efficient exchange of tax documents and financial records.
