R Woodworth CPA PC

Accounting firm in Newtown Square, PA (show on map)

4.4

★★★★☆

7 reviews

Full service tax, accounting and business consulting firm located in Newtown Square, PA.

Call (610) 353-0883

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About

R. Woodworth, CPA, PC is a full service tax, accounting and business consulting firm located in Newtown Square, PA.

The firm provides comprehensive accounting and tax services for individuals, small businesses, non-profit organizations, and specialized industries including construction, dentists, healthcare, hospitality, law firms, manufacturers, real estate, and retail. Services encompass small business accounting, bookkeeping, payroll, audits (reviews, compilations), forensic accounting, cash flow management, business valuation, business advisory services, financial planning for businesses, succession planning, new business formation, non-profit support, internal controls, and litigation support. For individuals, they offer personal financial planning, retirement planning, wealth management, individual tax preparation, tax preparation for businesses, tax planning, estate & trust tax services, cryptocurrency accounting, tax relief, IRS audit representation, non-filed tax returns, back taxes owed, payroll tax problems, IRS liens, IRS levies, IRS wage garnishment, IRS seizures, IRS payment plan, offer in compromise, and bankruptcy. Additionally, they provide specialized QuickBooks services including setup, training, answers to questions, and tune-ups. The firm serves a variety of industries and emphasizes personalized, high-quality service to meet client needs.

Full-service tax, accounting, and business consulting

Industry-specific expertise

Comprehensive QuickBooks support

Specialized services for non-profits and family businesses

Services

Small Business Accounting

We help you take control of your finances so you can focus on your business.

Generate reports and analyze financial data Evaluate cash flow and improve profitability Prepare budgets Strategic tax planning and financial forecasting Accounting systems set-up, Chart of Accounts and General Ledger Internal controls for fraud prevention Quarterly, monthly, and annual financial statements Use and sales tax processing Profit statements and balance sheets Custom financial reports Business tax returns Outsourced CFO services

Bookkeeping Services

Accurate bookkeeping is essential to your company's long-term viability.

Accurate and reliable bookkeeping Serves a variety of industries Experienced professionals

Payroll Services

We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best.

Comprehensive payroll processing Compliance with federal and state payroll tax regulations Employee self-service portal

Audits - Reviews - Compilations

Your stockholders, creditors, or private investors have different levels of risk tolerance, so we provide three levels of assurance to meet your needs.

Full audits for highest assurance Reviews for limited assurance Compilations for internal reporting

Forensic Accounting

Forensic accounting - also called financial forensics or forensic auditing - is an area of accounting that investigates actual or anticipated disputes.

Investigation of financial discrepancies Litigation support Asset tracing Fraud detection

Cash Flow Management

A cash crisis can be emotionally devastating. It can even kill your business. The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection for you.

Cash flow projection development Identify potential cash shortfalls Recommend strategies to improve liquidity

Credentials & Certifications

CPA

Licensed Public Accountant

Reviews

Rating

4.4

★★★★☆

Reviews

"He was professional, attentive, and made the tax filing process stress-free."

Frequently Asked Questions

What is the difference between an audit, a review, and a compilation? +

An audit provides the highest level of assurance, a review offers limited assurance, and a compilation is for internal reporting without any assurance.

How can forensic accounting help my business? +

Forensic accounting investigates financial discrepancies, supports litigation, traces assets, and detects fraud.

What industries does R. Woodworth, CPA, PC serve? +

The firm serves construction, dentists, healthcare, hospitality, law firms, manufacturers, real estate, and retail industries.

What are the benefits of QuickBooks services? +

QuickBooks services include setup, training, answering questions, and tune-ups to help businesses use QuickBooks efficiently.

How does succession planning benefit family businesses? +

Succession planning ensures a smooth transition of ownership from one generation to the next, preserving business continuity and value.

What is the process for business valuation? +

Business valuation involves defining objectives, collecting data, applying valuation models, and preparing a detailed report.