Business Details
Trusted Accounting & Tax Services in Lakeland, FL
Farnsworth & Mullins, CPA's is a full-service accounting, tax planning, and business advisory firm dedicated to empowering small businesses in Central Florida. With decades of combined experience, our team of certified professionals partners with clients to identify financial goals and deliver personalized solutions. We specialize in accounting, tax preparation, IRS problem resolution, and business consulting, serving industries such as real estate, construction, and professional services. Our commitment to long-term relationships is built on trust, mutual respect, and proactive financial leadership.By providing expert guidance in tax planning, QuickBooks support, and operational analysis, we help businesses navigate challenges and seize growth opportunities. Our Lakeland-based firm combines technical expertise with a client-focused approach to ensure accurate financial reporting, compliance, and strategic decision-making. With a legacy of service dating back to the 1970s, we remain dedicated to delivering value-driven solutions that enhance our clients' financial success.
Services
Accounting Services
Tax Planning
IRS Problem Resolution
Tax Preparation
Business Consulting
QuickBooks Support
Financial Statements
Payroll Services
Budgeting
Succession Planning
Highlights and features
- We offer over 40 years of combined experience in accounting and tax services.
- Our team provides personalized support tailored to your business's unique needs.
- We specialize in industries including construction, real estate, and professional services.
- We deliver proactive tax planning strategies to minimize liabilities.
- We resolve IRS issues with customized solutions for tax debt and compliance.
Services
Tax Planning Services
Our tax planning services identify legal strategies to minimize tax liabilities for businesses and individuals. We analyze financial situations, apply current tax laws, and implement solutions to reduce exposure while ensuring compliance. Clients benefit from year-round advisory to maximize savings and avoid penalties.
IRS Problem Resolution
We resolve IRS issues including audits, tax debt, wage garnishments, and bank levies. Our team negotiates installment agreements, offers in compromise, and penalty abatements to achieve favorable outcomes for clients facing collections or disputes.
QuickBooks Support
Our QuickBooks Certified ProAdvisors assist with software setup, training, and maintenance. We optimize accounting systems for accuracy, streamline financial reporting, and ensure proper use of features to improve business efficiency and decision-making.
Business Consulting
We provide strategic guidance on budgeting, forecasting, internal controls, and operational analysis. Our consulting services help businesses improve profitability, manage risks, and develop growth strategies through data-driven insights and financial expertise.
Tax Preparation Services
We prepare accurate and timely tax returns for individuals, corporations, partnerships, and multi-state entities. Our team ensures compliance with tax regulations while identifying deductions and credits to maximize refunds and minimize liabilities.
People
James L. Farnsworth
Certified Public Accountant
Licensed CPA in Florida since 1972 with expertise in tax planning and financial statements for construction and professional service industries. Former Deloitte auditor and Marine Corps veteran.
David L. Mullins
Certified Public Accountant
Licensed CPA in Florida since 1976, specializing in tax and financial reporting for mining and construction sectors. Graduate of Leadership Lakeland with extensive industry experience.
Troy Woodall
Certified Public Accountant
CPA with over 15 years in tax and accounting for closely held businesses. Specializes in construction and professional services. Air Force veteran with a BS in Accounting from the University of West Florida.
Katherine Little
Administrative Support
Over 30 years of administrative support experience in CPA firms. Holds a BA in Interdisciplinary Social Science and an Associate of Science in Office Management from Polk Community College.
Zina Abdul
Small Business Services
Advanced QuickBooks Online ProAdvisor with 7 years in public and corporate accounting. Expertise in bookkeeping, payroll, and financial statements for small businesses.
Questions
What accounting services do you offer?
We provide bookkeeping, financial statement preparation, QuickBooks support, payroll processing, and budgeting services tailored to small businesses.
How do you help with IRS tax problems?
We negotiate payment plans, resolve tax debt, stop wage garnishments, and represent clients in IRS audits or collections.
Do you offer free consultations?
Yes, we provide a free initial consultation to assess your accounting, tax, or business advisory needs.
Which industries do you specialize in?
We serve construction, real estate, professional services, mining, manufacturing, and agricultural industries.
Can you assist with business planning?
Yes, we offer strategic consulting, forecasting, internal controls, and risk management to improve profitability.
