Business Details
50+ Years
experience
Emergency
services
Trusted Certified Public Accountants in Southlake, TX
Milbern Ray is a full-service certified public accounting firm serving the Dallas/Fort Worth area since 1969. Our firm was founded by Milbern D. Ray, a Southwestern Oklahoma State University graduate who became a certified public accountant in 1958. With over 50 years of continuous service and a team of 15 CPAs, we provide personalized financial solutions to individuals and businesses across diverse industries. Our expertise spans accounting systems implementation, tax compliance, financial reporting, and IRS representation, supported by our AICPA peer-reviewed quality standards. We maintain active memberships with the American Institute of CPAs and Texas Society of CPAs while delivering tailored services through our secure online portal.Our multi-generational team combines deep local market knowledge with specialized experience in construction, healthcare, real estate, and professional services sectors. We emphasize proactive tax planning, business advisory services, and financial strategy development to help clients achieve long-term success. Our commitment to excellence is demonstrated through our 2020 AICPA peer review results showing zero deficiencies. We remain accessible 24/7 to address urgent client needs while maintaining long-standing relationships with clients dating back to our founding. Our comprehensive approach ensures clients receive both technical expertise and strategic guidance tailored to their unique financial circumstances.
Services
Accounting Services
Taxation Service
Auditing and Financial Reporting
Tax Issues
Online Portal Service
Management and Special Services
Sales Tax Reports
Payroll Services
Bookkeeping Services
IRS Representation
Details
- Year established: 1969
Highlights and features
- We offer over 50 years of experience in certified public accounting
- Our team includes 15 CPAs providing personalized service
- We maintain AICPA peer review compliance with no deficiencies
- We provide 24/7 personalized customer support
- Our firm has served the Dallas/Fort Worth area since 1969
Associations and certifications
- Texas State Board of Public Accountancy
- American Institute of Certified Public Accountants (AICPA)
Services
Accounting Services
We provide comprehensive accounting solutions from system setup to financial statement preparation. Our services include real-time payroll processing, sales tax reporting, and complete bookkeeping with reconciliation and financial analysis. For established businesses, we offer system evaluations to identify efficiencies and growth opportunities while maintaining accurate financial records.
Taxation Service
Our tax specialists handle all aspects of federal and state tax compliance for businesses and individuals. We provide year-round consultation on tax implications, ensure proper form filing, and implement strategies to minimize liabilities. Our team stays current with evolving tax regulations to maintain compliance and optimize client financial positions.
Auditing and Financial Reporting
We offer full-spectrum financial reporting services including audits, reviews, and compilations. Our AICPA-certified professionals ensure proper financial statement presentation for regulatory compliance and stakeholder reporting. We participate in mandatory peer reviews to maintain quality standards, with our most recent 2020 review showing zero deficiencies in audit processes.
Management and Special Services
Our advisory services provide strategic guidance on financial and operational matters. We offer confidential consultations for business challenges, customized solutions for administrative issues, and specialized support during critical decision-making periods. This service includes collaborative conferences to address client-specific concerns and identify growth opportunities through financial analysis.
Tax Issues
We represent clients in IRS matters to resolve tax disputes and collection issues. Our specialists work to prevent escalation of tax problems while negotiating settlements to stop penalty and interest accrual. We advise immediate action upon receiving IRS notices and develop tailored resolution strategies while maintaining ongoing communication with tax authorities.
People
Ronald D. Ray
Partner
Partner with over 30 years of public accounting experience since 1984. Specializes in financial accounting and tax services for construction, healthcare, and professional services industries. Graduated from Texas Wesleyan University in 1981.
Kent A. Ray
Partner
Partner with 30+ years in taxation and audit services. Focuses on construction, consulting, and professional services sectors. Maintains banking relationships for client financing solutions. Graduated from Texas Wesleyan University in 1983.
Jason Ray
Partner
Partner providing comprehensive accounting solutions. Specializes in business advisory services and financial strategy development. Actively involved in client relationship management and service delivery oversight.
Cris Ray
Partner
Partner focused on delivering tailored financial solutions. Provides strategic guidance on tax planning and business advisory matters. Maintains long-standing client relationships through personalized service approaches.
Colton Ray
Partner
Partner offering specialized accounting and tax services. Works closely with clients across multiple industries to develop customized financial strategies. Committed to maintaining high service standards and client satisfaction.
Questions
What accounting services do you offer?
We provide complete accounting services including system setup, financial reporting, payroll processing, and sales tax preparation for businesses of all sizes.
How do you handle IRS tax issues?
Our team represents clients before the IRS, resolving tax disputes and collection matters while preventing penalty accumulation through negotiated settlements.
Do you offer online accounting tools?
Yes, we provide a secure online portal for document sharing, QuickBooks file access, and centralized tax information management for business and individual clients.
What industries do you specialize in?
We serve construction, healthcare, real estate, manufacturing, and professional services sectors with specialized financial expertise tailored to each industry's needs.
Are you available for urgent accounting needs?
Our team is accessible 24/7 to address urgent client requirements and provide timely solutions for critical financial matters.
