Business Details
12 Years
experience
Your Trusted Lafayette Accounting Partner
Pherson & Associates, PC CPAs, PC CPAs has been serving the tax and accounting needs of Lafayette, IN and surrounding areas for decades. Our team of certified professionals combines extensive experience with personalized service to help individuals and businesses navigate complex financial challenges. We specialize in tax preparation, payroll solutions, QuickBooks setup, cash flow management, and IRS audit representation. With a focus on meticulous attention to detail and client-centric approaches, we deliver tailored financial strategies that promote long-term success.Our firm's commitment to excellence is reflected in our track record of satisfied clients, including business owners, executives, and families who rely on our expertise to achieve their financial goals. We prioritize transparency, ethical practices, and continuous education to stay at the forefront of evolving tax regulations and accounting standards.
Services
Tax Preparation
Payroll Services
QuickBooks Setup
Cash Flow Management
IRS Audit Representation
Business Accounting
Tax Planning
Payroll Tax Solutions
QuickBooks Training
Succession Planning
Details
- Year established: 2014
Highlights and features
- We offer decades of combined experience in tax and accounting services.
- Our team provides personalized solutions tailored to individual client needs.
- We specialize in complex IRS audit representation and tax problem resolution.
- Our payroll services include customized reporting and compliance management.
- We maintain active CPA certifications and industry-specific expertise.
Associations and certifications
- American Institute of Certified Public Accountants
- Indiana CPA Society
What people say
Excellent customer service
Thorough and knowledgeable
Timely accounting work
Reasonable pricing
Tax problem solutions
Services
Tax Preparation
Our tax preparation service ensures accurate and timely filing for individuals and businesses. We identify all eligible deductions and credits while maintaining compliance with current tax laws. Clients receive strategic advice to minimize future tax liabilities through personalized planning sessions.
Payroll Services
We handle complete payroll processing including tax calculations, direct deposits, and regulatory reporting. Our service includes W-2 processing, certified payroll reports, and compliance with federal/state requirements while reducing administrative burdens for business owners.
IRS Audit Representation
Our team manages all IRS audit communications and documentation requirements. We protect client interests through professional representation, negotiating with auditors to resolve discrepancies and prevent unnecessary tax assessments while maintaining full legal compliance.
QuickBooks Setup
We implement customized QuickBooks solutions including system configuration, data migration, and staff training. Our setup ensures accurate financial tracking from day one with proper chart of accounts and integration with existing business processes.
Cash Flow Management
We develop detailed cash flow projections and collection strategies to maintain business financial health. Our service includes line of credit assistance, payment policy development, and investment strategies for excess cash to ensure long-term financial stability.
People
Travis V. Pherson
CPA
Travis specializes in business tax planning with 25+ years of experience. He focuses on real estate transactions and small business consulting while maintaining active AICPA and Indiana CPA Society memberships.
Donald G. Ruth
CPA
Don provides expert payroll and nonprofit accounting services with 13+ years of experience. He serves on the Imagination Station board and maintains AICPA certification while supporting local community initiatives.
Ryan Koerner
CPA
Ryan offers specialized QuickBooks solutions and business consulting. With CPA certification since 2011, he combines technical expertise with local community involvement through Tippecanoe County Council on Aging.
Questions
What accounting services do you offer for small businesses?
We provide small business accounting, payroll processing, cash flow management, tax preparation, and IRS audit representation tailored to local business needs.
How can you help with QuickBooks setup?
Our experts configure QuickBooks for your business, including chart of accounts setup, transaction entry, and staff training for optimal software use.
Do you handle complex tax situations?
Yes, we specialize in resolving back taxes, IRS liens, wage garnishments, and audit representation with proven strategies for favorable outcomes.
What payroll solutions are available?
We offer comprehensive payroll services including tax filing, direct deposits, compliance reporting, and customized payroll reports for businesses of all sizes.
How do you support financial planning?
We provide personalized tax planning strategies and cash flow projections to help individuals and businesses optimize financial decision-making.
