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Monday 8am - 5pm Tuesday 8am - 5pm Wednesday 8am - 5pm Thursday 8am - 5pm Friday 8am - 5pm

Barrett & Company PLLC, CPA's

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Camas, WA
Barrett & Company PLLC, CPA's

Do what you love. Leave the numbers to us.

06/02/2026

We were pleased to receive an unexpected visit from Doug today!

While the visit was informal, it was a great opportunity to catch up, share ideas, and strengthen the relationships that help us better serve our clients.

One of the many benefits of being part of the BDO Alliance is access to specialized expertise, including Doug's knowledge of cost segregation. Having trusted professionals available to collaborate with allows us to bring additional resources, deeper insights, and strategic tax-saving opportunities to our clients.

Relationships like these are a great reminder that while we operate independently, we're supported by a network of professionals committed to delivering exceptional service and client outcomes.

Thank you for stopping by, Doug, we appreciate and always enjoy the opportunity to connect.

05/31/2026

What does your balance sheet really tell you?

A balance sheet is a financial snapshot of your business at a specific point in time. It helps show:
✔ What your business owns (Assets)
✔ What your business owes (Liabilities)
✔ The value left for owners (Equity)

The basic formula:
Assets = Liabilities + Equity

Understanding your balance sheet can help you:
🔹 Evaluate the financial health of your business
🔹 Make smarter strategic decisions
🔹 Monitor cash flow and debt
🔹 Identify opportunities for growth
🔹 Prepare for lenders, investors, and future planning

Your financials should do more than just exist, they should help drive smarter decisions and long-term success. Whether you’re looking to grow your business, improve profitability, plan for the future, or simply gain a better understanding of your numbers, our team is here to help. Reach out today to learn how we can support your goals and help your business move forward with confidence.

05/28/2026

Bookkeeping vs. Accounting - What’s the Difference?

Many people use the terms bookkeeping and accounting interchangeably, but they play two very different - and equally important - roles in a successful business.

🔹 Bookkeeping focuses on the day-to-day financial details:
✔ Recording transactions
✔ Managing invoices and expenses
✔ Reconciling bank accounts
✔ Keeping financial records organized and accurate

Think of bookkeeping as the foundation of your financial house.

🔹 Accounting takes that financial information and turns it into insight:
✔ Preparing financial statements
✔ Analyzing business performance
✔ Tax planning and compliance
✔ Strategic guidance for growth and decision-making

Accounting helps business owners understand the “why” behind the numbers.

📈 Accurate bookkeeping + strategic accounting = better financial decisions, stronger compliance, and long-term success.

At Barrett & Co, we’re here to support businesses with both the day-to-day details and the bigger financial picture.

📞 360.210.5100 WA
📞 503-253-5902 OR

05/26/2026

Midyear Homeownership Tax Check-In

As we approach the halfway point of the year, now is a great time for homeowners - and future homeowners - to review potential tax benefits tied to homeownership. Taking advantage of available deductions and credits could help reduce your overall tax burden and maximize your financial opportunities.

Here are a few common homeowner tax benefits to keep in mind:

✔️ Potentially Deductible Expenses
• State and local real estate taxes (subject to $40,000 limit or $20,000 if married filing separately)
• Qualified home mortgage interest (subject to applicable limits)

⚠️ Common Expenses That Typically Aren’t Deductible
• Homeowners insurance
• HOA or condominium fees
• Utilities and internet services
• Home repairs and maintenance
• Mortgage principal payments

🏠 Don’t Overlook the Mortgage Interest Credit
Some homeowners may qualify for the Mortgage Interest Credit, which can provide valuable tax savings for eligible lower-income households with a qualified Mortgage Credit Certificate (MCC).

Every homeowner’s situation is unique, and tax rules can change. Our team is here to help you understand which opportunities may apply to you and how to plan ahead with confidence.

📞 360.210.5100 WA
📞 503.253.5902 OR

05/25/2026

“All gave some, some gave all.” - Howard William Osterkamp.

Today at 3:00 p.m., we encourage everyone to join us in the National Moment of Remembrance and take one minute to reflect on the sacrifices made for the freedoms we enjoy every day.

From all of us at Barrett & Co, we remember with gratitude and honor those who made the ultimate sacrifice.

05/22/2026

This Memorial Day we pause, not just for a long weekend, but to truly honor the men and women who gave everything in service to this country. Their sacrifice made possible the lives, freedoms, and moments we hold dear.

We also hold space for Gold Star families, who carry their loss not just today, but every single day. Their strength is a quiet, enduring testament to love and devotion.

“On this day, take time to remember those who have fallen. But on every day after, do more; put the freedoms they died for to greater and nobler uses.” Richelle E. Goodrich

From all of us at Barrett & Co, we thank and remember our fallen heroes and stand beside the families who continue to honor their legacy today and always. ❤️🤍💙

05/19/2026

Happy National Accounting Day!

Today we celebrate the incredible professionals who keep businesses moving forward through dedication, precision, problem-solving, and care. We are especially proud of our own team and the hard work they put in every single day to serve our clients and support one another.

From long hours during busy season to the everyday collaboration that drives our firm forward, our employees continue to raise the bar and represent the very best of our profession. We are grateful for each member of our team and excited to see where their talent, leadership, and passion take us next.

Thank you to our amazing employees for all that you do today and every day!

05/17/2026

Happy World Baking Day!

Much like baking, accounting is all about the right ingredients, careful measurements, patience, and a recipe for success. Whether it’s balancing the books or baking the perfect batch of cookies, attention to detail makes all the difference!

Today we’re celebrating the creativity, hard work, and sweet results that come from mixing passion with precision.

What’s your favorite thing to bake, let us know in the comments below!

05/15/2026

Happy International Family Day! 🌍💙

Today, we’re celebrating the importance of family, the support systems that inspire us, motivate us, and help us succeed both personally and professionally.

At our firm, we know strong relationships are at the heart of everything we do, and we’re grateful for the families who support our team every step of the way.

A special spotlight today on our Managing Partner, Drew, and his wonderful family! Thank you for exemplifying the values of leadership, balance, and community that make our firm stronger every day.

Here’s to family, connection, and the people who matter most.

05/13/2026

Married Filing Jointly vs. Married Filing Separately - What’s the Difference?

Choosing the right filing status can make a BIG difference when it comes to your tax bill. While every situation is unique, filing jointly often provides significant tax savings for married couples.

Typical Estimated Tax Savings of MFJ vs. MFS:

• Average income households:
➡️ Often save between $1,500–$6,000 filing jointly

• One high earner + one lower earner:
➡️ Potential savings of $5,000–$15,000+
thanks to wider tax brackets and income averaging

• Similar income, moderate earners:
➡️ Common savings range from $1,000–$4,000

✅ Why Married Filing Jointly usually results in lower taxes:
• Wider tax brackets
• Access to more tax credits & deductions
• Simpler filing process
• Lower overall tax liability in many cases

⚠️ Married Filing Separately may:
• Push income into higher tax brackets faster
• Limit or eliminate valuable credits
• Result in thousands more in taxes owed

Every couple’s financial situation is different, and the “best” filing status depends on income, deductions, debt, credits, and long-term planning goals.

📞 Have questions about which filing status makes the most sense for your family? Our team is here to help you evaluate the numbers and plan strategically for tax season.

And on the topic of marriage - we’d also like to send a huge congratulations and best wishes to one of our very own teammates, Dillon, on his wedding! Wishing you both a lifetime of happiness, laughter, and success together! 🥂

Address

4910 NW Camas Meadows Drive
Camas, WA
98607

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Telephone

(360) 210-5100

Website

http://www.barrett-cpa.com/

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