Business Details
Expert Accounting & Tax Solutions in Wisconsin
At Parnell Accounting Solutions, we specialize in simplifying financial management for entrepreneurs while maximizing tax savings. Our approach combines holistic financial planning with personalized advisory services, addressing both business and personal financial needs. With a focus on cash flow management, tax strategy, and QuickBooks expertise, we serve service-based businesses including consultants, real estate professionals, and childcare owners. Our certified QuickBooks ProAdvisor status enables us to provide tailored bookkeeping solutions and one-on-one training. Client testimonials highlight our ability to create systems that resolve financial challenges, improve internal operations, and deliver actionable strategies for long-term success.Founded by Latanza Parnell, a Wisconsin-based accountant with extensive industry experience, we prioritize transparency, responsiveness, and client education. Our services extend beyond traditional accounting to include payroll processing, financial forecasting, and credit line optimization, ensuring clients maintain control over their financial health. By emphasizing proactive financial management, we help businesses avoid common pitfalls like cash flow mismanagement, which affects 82% of failing businesses. Our commitment to continuous improvement and client-centric solutions has earned us a 5-star Google My Business rating and recognition from the Better Business Bureau.
Services
Bookkeeping Services
Tax Preparation
QuickBooks Training
Financial Advisory
Payroll Processing
Cash Flow Management
Tax Strategy Sessions
Business Consulting
Credit Line Optimization
Financial Forecasting
Highlights and features
- We offer personalized financial advisory aligned with business growth stages
- Certified QuickBooks ProAdvisor for software expertise and training
- Nationwide service with Wisconsin-based accountability
- Proven track record reducing client tax liabilities through strategic planning
- Client testimonials highlight measurable improvements in financial operations
Associations and certifications
- IRS
- BBB
- Google My Business
What people say
Integral team member
Significant improvement
Highly recommended
Transparent communication
Expert guidance
Services
Bookkeeping Services
Our bookkeeping services establish accurate financial foundations through QuickBooks setup, transaction categorization, and monthly reconciliations. Certified ProAdvisors maintain your chart of accounts and generate financial statements. We provide 30-minute advisory sessions for cash flow analysis and tax strategy implementation.
Tax Preparation
We prepare personal (Form 1040) and business taxes for sole proprietorships, single-member LLCs, and S-corporations. Our services include tax return amendments, quarterly estimated tax payments, and sales tax filings. We optimize deductions while ensuring compliance with current tax regulations and deadlines.
QuickBooks Training
Certified ProAdvisor-led QuickBooks training covers setup, invoicing, transaction coding, and bank reconciliations. Sessions teach business owners to effectively use cloud-based accounting software for day-to-day operations and financial management.
Financial Advisory
Our advisory services analyze pricing strategies, create spending plans, and develop cash flow projections. We help business owners determine appropriate compensation structures and optimize line of credit resources for operational stability.
Tax Strategy Sessions
Personalized tax strategy sessions identify legal methods to reduce tax liabilities. We develop customized savings plans considering business structure, industry benchmarks, and current tax incentives to maximize client savings.
People
Latanza Parnell
Owner/Accountant
Certified QuickBooks ProAdvisor with nationwide accounting experience. Former childcare business owner. BBA graduate from University of Wisconsin-Milwaukee. Specializes in cash flow management and tax strategy for service-based entrepreneurs.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, tax preparation, QuickBooks training, payroll processing, and financial advisory services tailored to service-based entrepreneurs.
How do you help businesses improve cash flow?
We analyze spending patterns, create cash flow projections, and develop strategies to optimize accounts receivable/payable management for better liquidity.
Are you certified QuickBooks ProAdvisors?
Yes, we are certified QuickBooks ProAdvisors offering software setup, maintenance, and customized training sessions for business owners.
What tax savings strategies do you specialize in?
We focus on legal tax reduction methods through expense categorization, available credit utilization, and strategic business structure optimization.
How do you support new business owners?
We provide financial foundation building, bookkeeping systems implementation, and personalized advisory to help new businesses avoid common financial pitfalls.
