Business Details
47 Years
experience
Your Trusted Houston Accounting Partner Since 1979
Sheffield Trackwell & Rapp has served individuals and businesses since 1979, delivering excellence in accounting and financial services. With over 45 years of experience, our firm provides personalized tax planning, audit assurance, and transaction advisory services tailored to diverse industries. Our team of certified professionals prioritizes continuity, technical expertise, and cost-effective solutions, serving clients across the Greater Houston area and nationally. We adhere to strict independence standards while maintaining a proactive approach to client needs. Our deep industry knowledge spans manufacturing, oilfield services, healthcare, and more, supported by a commitment to evolving with tax law changes and technological advancements.This experience enables us to offer strategic guidance for business growth, estate planning, and financial compliance. Our three office locations in Houston, The Woodlands, and Katy ensure accessible, localized service while maintaining national capabilities. This combination of longevity, technical proficiency, and client-centric philosophy establishes our position as a trusted financial partner.
Services
Tax Services
Transaction Advisory
Audits
Accounting Due Diligence
Attestation Work
Details
- Year established: 1979
Highlights and features
- We offer 45+ years of accounting expertise across diverse industries
- Our personalized service maintains team continuity for consistent client relationships
- Competitive pricing delivers large-firm quality at accessible rates
- Access to professionals with specialized experience in tax law and audits
- Strict adherence to independence and ethical standards in all engagements
Services
Tax Services
Our tax planning services optimize financial strategies to minimize liabilities while ensuring compliance. We provide year-round tax consulting for individuals and businesses, specializing in corporate, partnership, and international tax matters. With expertise in evolving tax regulations, we help clients maximize cash flow and achieve long-term financial goals through strategic planning.
Transaction Advisory
We support business transactions through comprehensive due diligence and strategic analysis. Our services cover pre-IPO preparations, private equity transactions, and merger/acquisition advisory. With experience in 100+ deals ranging from $1M to $135M, we help clients evaluate financial risks, structure deals, and navigate complex regulatory requirements across multiple industries including manufacturing and energy sectors.
Audits
Our audit services provide the highest level of financial assurance through systematic examination of records. We perform audits for regulatory compliance, investor reporting, and internal controls evaluation. The process includes detailed verification of account balances, inventories, and transactions to ensure accuracy and reliability of financial statements while maintaining strict independence standards.
Accounting Due Diligence
We conduct thorough financial investigations for business acquisitions and investments. Our due diligence services identify financial risks, verify asset valuations, and assess operational performance metrics. With specialized expertise in manufacturing and oilfield services sectors, we support both buy-side and sell-side transactions through comprehensive analysis of financial health and business sustainability.
Attestation Work
We provide attestation services including audited, reviewed, and compiled financial statements. Our three-tiered assurance approach accommodates different client needs - from full audits for regulatory requirements to reviews for internal management and compilations for operational reporting. Each service follows professional standards to ensure credibility and accuracy in financial disclosures while maintaining independence and technical rigor.
People
Jim Trackwell
CPA
With 25+ years in manufacturing and oilfield services, Jim specializes in corporate taxation and M&A transactions. He has managed 100+ deals ranging from $1M to $135M and provides expert tax consulting for high-net-worth individuals and international corporations.
Greg Rapp
CPA
Greg offers extensive experience in domestic and international tax compliance. He serves manufacturing and energy clients through due diligence engagements and provides attestation services including audited financial statements for mid-market companies and medical facilities.
Debra Clark
RTRP
As a principal with 40+ years in public accounting, Debra oversees tax preparation workflows and manages client relationships. Her expertise includes federal/state compliance, tax planning, and financial statement accounting for diverse taxpayer types.
Tracey Johnson
Accounting Professional
With 30+ years of industry experience, Tracey specializes in QuickBooks, payroll, and tax preparation. She serves medical, agricultural, and construction clients while managing day-to-day accounting processes for business operations.
Liz Perkins
Tax Specialist
Liz brings 20+ years of experience in individual tax returns and estate planning. She prepares estate inventories, trust accounting, and complex tax filings including Form 706 estate tax returns for high-value estates.
Questions
What accounting services do you offer?
We provide tax planning, audit assurance, transaction advisory, accounting due diligence, and attestation services for individuals and businesses across multiple industries.
How long have you been in business?
Sheffield, Trackwell & Rapp has served clients since 1979, providing accounting expertise for over 45 years.
Do you serve clients outside Houston?
While headquartered in Houston with three local offices, we serve clients nationally through our experienced team of professionals.
What industries do you specialize in?
We specialize in manufacturing, oilfield services, healthcare, agriculture, and energy sectors with deep expertise in transaction advisory and tax compliance.
How do you protect client confidentiality?
We maintain strict confidentiality through physical, electronic, and procedural safeguards exceeding legal requirements while adhering to professional accounting ethics.
Can I schedule a consultation?
Contact our Houston office at (713) 974-4660 to discuss your accounting needs and arrange a consultation with our professional team.
