Business Details
50+ Years
experience
Trusted Accounting & Tax Services in Farmington, NM
Steve Oldfield & Associates has been delivering financial and accounting services in Farmington, NM, for over 40 years. Our team of certified public accountants, accountants, and support staff collaborate with individuals and businesses across the Four Corners Area, providing personalized, quality tax and financial services at reasonable prices. With deep expertise in state and federal tax codes, we prioritize accuracy, transparency, and client trust. Our commitment to lasting relationships is built on communication, honesty, and tailored solutions for personal and business financial needs.We serve clients in Farmington, San Juan County, and the broader Four Corners region, helping them achieve secure financial futures through bookkeeping, tax preparation, business consulting, and wealth planning. Our locally owned firm combines decades of experience with a dedication to staying current on evolving tax laws, ensuring reliable guidance for individuals and commercial clients alike.
Services
Accounting Services
Tax Preparation
Bookkeeping
Business Consulting
Payroll Services
Complex Tax Situations
Family Wealth Enhancement
Advisory Services
Financial Planning
Tax Filing
Details
- Year established: 1975
Highlights and features
- We have over 40 years of experience in accounting and tax services.
- Our team provides personalized, client-focused financial solutions.
- We stay current on federal and New Mexico tax code changes.
- We prioritize transparency, honesty, and long-term client relationships.
- We serve individuals and businesses across the Four Corners region.
What people say
Excellent experience
Friendly and professional
Exceptional customer service
Knowledgeable and responsive
Trusted financial partners
Services
Tax Preparation
Our team prepares accurate tax returns for individuals, small businesses, and corporations, maximizing refunds while ensuring compliance with federal and New Mexico tax laws. We stay updated on evolving regulations to provide reliable filing services, including Form 941s, 1099s, and W-2s. Clients benefit from personalized support and efficient processing tailored to their specific needs.
Bookkeeping
We maintain organized, up-to-date financial records to help businesses operate smoothly. Our bookkeeping services ensure accuracy and clarity, enabling clients to track performance and make informed decisions. This foundational service supports long-term stability and growth for businesses of all sizes.
Business Consulting
We help businesses identify improvement areas, prevent future issues, and develop customized financial strategies. Our consulting services include navigating tax systems, risk management, and growth planning, ensuring clients achieve long-term success through data-driven solutions and expert guidance.
Family Wealth Enhancement
We assist clients in planning for retirement and estate distribution, including wills, powers of attorney, and beneficiary designations. Our goal is to secure clients' financial futures while simplifying complex processes, ensuring peace of mind for families and individuals alike.
Payroll Services
We design customized payroll systems tailored to businesses' unique needs, handling tax filings and compliance requirements. Our services include preparing 1099s and W-2s, ensuring accurate and timely processing while reducing administrative burdens for business owners.
Questions
How can I check the status of my tax refund?
You can check your federal refund status via the IRS website or your New Mexico state refund through the state's 'Where's My Refund?' tool.
Do tax payment extensions delay owed taxes?
No, extensions only extend filing deadlines, not payment deadlines. Unpaid taxes after April 15 incur interest and penalties.
What is beneficial ownership reporting?
Small businesses with under $5M in annual income must file beneficial ownership info with FinCEN to comply with federal regulations.
Can I defer capital gains through a like-kind exchange?
Yes, but strict IRS rules apply, including using a third-party escrow agent and closing on a replacement property within 180 days.
What accounting services do you offer?
We provide bookkeeping, tax preparation, payroll, business consulting, complex tax solutions, and family wealth planning tailored to client needs.
