Business Details
22 Years
experience
Your Trusted Odessa CPA Firm for Accounting & Tax Services
T Jack Bain CPA PC was established to provide tailored accounting, tax, and business advisory services to corporations, small businesses, and individuals across the Permian Basin. Recognizing that each client has unique goals, we customize our services to meet specific needs, offering individualized solutions for industries such as non-profit, manufacturing, and professional services. Our approach addresses industry-specific challenges, compliance requirements, and standard tax practices. Jack Bain, a licensed Texas CPA with over 18 years of experience, brings expertise from public and private accounting, including roles at national CPA firms and as controller for chemical manufacturing corporations.His background enables a unique perspective on financial, tax, and business needs. The firm emphasizes personalized service, community involvement, and professional memberships with the American Institute of CPAs and Texas Society of CPAs. We prioritize staying current with tax law changes to maximize client benefits and offer free consultations to help structure businesses for success. Our services span small business accounting, tax planning, QuickBooks support, and new business advisory, serving Odessa, Midland, and surrounding areas. We aim to simplify financial management, allowing clients to focus on growth while ensuring compliance and strategic tax planning.
Services
Small Business Accounting
Tax Planning and Compliance
QuickBooks Accounting
New Business Advisory
Details
- Year established: 2004
Highlights and features
- 18 years of experience serving diverse industries in the Permian Basin
- Personalized accounting solutions tailored to specific business needs
- Industry-specific expertise in non-profit, manufacturing, and professional services
- Free initial consultation for strategic business structuring
- Licensed CPA with dual public and private accounting experience
Services
Small Business Accounting
Comprehensive accounting and bookkeeping services designed to help small businesses maintain financial clarity and focus on growth objectives. Our solutions include financial reporting, payroll processing, and cash flow management tailored to Permian Basin industries. We ensure accurate record-keeping and compliance with regulatory requirements.
Tax Planning and Compliance
Strategic tax planning and preparation for businesses and individuals, covering compliance, audits, and optimization of tax incentives. Our expertise includes year-round tax law monitoring to identify savings opportunities and ensure proper filing for local, state, and federal requirements.
QuickBooks Accounting
Full-cycle QuickBooks solutions including system setup, staff training, and ongoing technical support for small businesses. We optimize accounting workflows through customized configurations and provide guidance to ensure accurate financial tracking and reporting.
New Business Advisory
Guidance for new businesses on legal structure selection, incorporation processes, and financial planning. We help entrepreneurs establish strong financial foundations through strategic tax structuring, compliance frameworks, and operational best practices tailored to their industry.
People
Jack Bain
CPA
Licensed Texas CPA with 18+ years of experience in public and private accounting. Former controller for chemical manufacturing corporations and member of AICPA and TSCPA. Specializes in small business advisory and tax optimization.
Questions
What accounting services do you offer for small businesses?
We provide full-service accounting including bookkeeping, financial reporting, payroll processing, and cash flow management tailored to Permian Basin small businesses.
Do you specialize in any particular industries?
Yes, we specialize in non-profit organizations, manufacturing/distribution, professional services, and consumer services industries with customized compliance solutions.
Can you help with tax planning throughout the year?
We monitor tax law changes year-round to provide proactive planning strategies that maximize deductions and minimize tax liabilities for businesses and individuals.
What QuickBooks support do you provide?
We offer system setup, customized training, and ongoing technical support to optimize QuickBooks for small business financial management needs.
Is there assistance with starting a new business?
Yes, we guide new business owners through entity selection, incorporation, and financial planning to establish strong operational foundations.
