Business Details
21 Years
experience
Your Trusted Accounting Partner in Lacey, WA
Founded in 2005, Precisely Right Accounting has been dedicated to providing tailored accounting solutions for individuals and businesses in Thurston County and beyond. Led by IRS-Enrolled Agent Cynthia Knapp, our firm combines over two decades of expertise with personalized service to deliver financial clarity and strategic support. We specialize in alleviating the complexities of corporate finance, tax management, and bookkeeping, enabling clients to focus on their core operations. Our commitment to professionalism, responsiveness, and quality ensures clients receive actionable insights and customized solutions.With services ranging from payroll management to IRS audit representation, we act as a trusted extension of our clients' teams, offering the expertise of an in-house accounting department at a fraction of the cost. Our deep local market knowledge and dedication to continuous education in evolving tax laws position us as a reliable partner for long-term financial success.
Services
Bookkeeping Services
Tax Preparation
Payroll Processing
Part-Time CFO
QuickBooks Support
IRS Representation
Financial Planning
Business Valuation
Estate Planning
Audit Preparation
Details
- Year established: 2005
Highlights and features
- We offer over 20 years of specialized accounting experience in small business solutions.
- Our team provides personalized service with direct communication from senior professionals.
- We hold IRS-Enrolled Agent certification for expert tax representation and compliance.
- Our services combine strategic financial planning with operational accounting expertise.
- We maintain deep local market knowledge and community engagement since 2005.
Associations and certifications
- IRS-Enrolled Agent
Services
Bookkeeping Services
We manage accounts payable/receivable, bank reconciliations, and inventory tracking while implementing streamlined reporting systems. Our services include payroll processing, tax form preparation, and outsourced bookkeeping tailored to business size. Clients receive personalized support with state-of-the-art technology for accurate financial tracking.
Tax Preparation
We handle federal, state, and local tax compliance including income, payroll, and sales tax obligations. Our expertise covers entity selection, merger tax implications, and strategic planning to minimize liabilities. We prepare and file business tax returns while ensuring adherence to evolving regulatory requirements.
Part-Time CFO
We provide financial forecasting, cash flow analysis, and profitability improvement strategies for small businesses. Services include balance sheet preparation, tax compliance management, and accounting system implementation. Our outsourced CFO support helps businesses make data-driven decisions without full-time executive costs.
IRS Representation
We assist with IRS audit representation, tax debt resolution, and penalty abatement. Our services cover payment plan negotiation, lien/levy release, and compliance solutions for back taxes owed. Clients receive expert guidance through complex IRS processes and documentation requirements.
QuickBooks Support
We offer QuickBooks setup, training, and optimization services for small businesses. Our support includes system customization, data migration, and troubleshooting to maximize software efficiency. Clients receive tailored guidance to leverage QuickBooks features for improved financial management.
People
Cynthia Knapp
Owner/IRS-Enrolled Agent
Cynthia Knapp, EA, has owned Precisely Right Accounting since 2005. With a Master's in Accounting and IRS-Enrolled Agent certification, she specializes in small business tax solutions and financial strategy. Her 20+ years of experience focus on delivering personalized accounting services while maintaining active community involvement in Thurston County.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, financial reporting, tax preparation, IRS representation, and strategic financial planning tailored to small business needs.
How can you help with IRS tax problems?
We offer audit representation, tax debt resolution, payment plan negotiation, and penalty abatement services to resolve IRS compliance issues effectively.
Do you provide QuickBooks support?
Yes, we offer QuickBooks setup, training, system optimization, and troubleshooting services to help businesses maximize accounting software efficiency.
What areas do you serve?
We primarily serve Thurston County businesses in Lacey and Olympia, WA, with virtual support available for clients statewide.
How are your services priced?
We offer customized pricing based on service scope. Contact us for a consultation to create a tailored solution matching your business needs.
