Who We Are
Welcome to Daugherty & Company, PLLC, located in Knoxville, TN. With over forty years of experience, we know that integrity, diligence, and a common-sense approach to accounting is an integral part in maintaining long-lasting relationships with clients. We strive to be an advocate for local businesses and to help owners treat their business like an investment with the expectation of economic growth and profitability.
Regardless of your size, our firm can provide accounting, bookkeeping, payroll, tax preparation, and consulting services that increase the value of your business. We help our clients stay compliant with the ever-changing tax laws and keep as much of their own money as legally possible.
We care for our clients and are happy to offer a mixture of services tailored to their specific needs.
What We Do
Set up for New Businesses & Start Ups
A primary goal of the firm is to assist new business owners manage their investment, stay compliant with taxing authorities, and maximize their cash flow. We do that by setting up the accounting information system and apply for the necessary business tax accounts.
QuickBooks Support
Our staff understands the setup and operations of Quickbooks software. We let you focus on your business while we hit the books.
Income Tax Return Preparation
We invest the time and resources to accurately prepare your tax return by the promised date. Whether you’re filing individually or as a business, an estate or proprietorship, we’re ready to assist.
Payroll Services
Our firm offers an affordable, local alternative to large payroll processing services, and we keep up to date on the ever-changing tax laws so you don’t have to.
Accounting Services
We know that every business is different, so we design a level of service to meet your unique needs.
Tax Penalty Abatement & Mitigation Services
We are trained in working with Federal, State, and Local tax agencies, and have successfully negotiated tax and penalty abatements, as well as offers in compromise.
Government Contracting Support
We have thirty years of experiences providing accounting support to federally funded contractors, both public and private.
Testimonials
“Tommy has been an integral part of our business since we bought Med Maps 11 years ago. As first-time business owners, we needed all of the help we could get. Not only in tax preparation and quarterly filings but in advice and recommendations that were wise and very much needed. We are thankful for Tommy’s expertise and his desire to be the best accountant and for us, consultant, he could be because we are the recipients of his strong work ethic and professionalism. When Tommy prepares all of the paperwork that is required by law, we rest assured that it is thorough and done right – all of the time.”
-Knoxville Business Owner
“Daugherty & Company has been handling our business and personal taxes for a number of years now and my wife and I have always found Tommy and his staff to be up to date on the latest accounting practices, totally competent and readily available to answer any questions. They file all necessary business -related tax forms and documents, both state and Federal, in a timely fashion, as well as taking care of our personal state and Federal tax filings. Daugherty & Company also provides our businesses with complete monthly, quarterly, and annual financial reporting as well as tax planning information. A true 5-star operation.”
– Knoxville Business Owner
“I have worked with Daugherty & Company for more than a decade. Their accounting and tax support for both personal and commercial needs have been critical for my family and businesses.
The Daugherty and Company team have helped us through multiple business startups, acquisitions and audits. Their expertise through many tax seasons and their general accounting counsel have been invaluable for us.
I am happy to offer my highest recommendation.”
– Knoxville Business Owner and Investor
“I am a small business owner from South Carolina. Tommy Daugherty inherited my account from the employee who died. Tommy began servicing the account as if he had been handling it all along. He assisted me in filing corporate and personal taxes. He directed the sale of my corporation and related liquidation of assets. Due to the fact that I am a bookkeeper, Tommy provided all the “CPA” duties with excellent results. My business life has been made so much easier with Tommy as my director.”
– Business Owner
“Daugherty and Company has been my CPA since my business launched five years ago. Tommy provides great advice for all of my financial-related questions. Incredibly glad to have him in my corner, as his expertise has been invaluable as my business has grown. Highly recommend!”
– Business Owner