Payroll Companies & Payroll Services in Farmington, NM

Accounting & Financial Solutions, LLC is an accounting and CPA firm in Farmington, New Mexico. It works with business owners, executives, independent professionals and individuals. Payroll is part of a wider range of business services, so employers in the Four Corners region can keep their payroll, bookkeeping, tax work and financial advice with one local provider rather than spreading them across several vendors.

Payroll and Related Services

The firm sets up payroll arrangements to suit each employer's needs, so owners can spend less time on administration and more on running the company. It also handles payroll tax trouble. That includes cases where a business has fallen behind on employment tax deposits or filings and is facing action from the IRS.

The firm's tax resolution practice covers IRS liens, levies, wage garnishments, seizures, payment plans and offers in compromise. This matters to employers, because unpaid payroll taxes are among the most serious liabilities a small business can build up.

• Payroll processing set up to fit each business
• Resolution of payroll tax problems
• Small business bookkeeping, so payroll and the general ledger stay in step
• Setup, training, troubleshooting and tune-ups for QuickBooks, which the firm also sells
• Tax preparation, tax planning and representation in IRS audits

Broader Business Advisory Work

Beyond payroll and bookkeeping, the firm offers part-time CFO engagements, in which a seasoned financial manager helps steer a company's direction. It also provides three levels of assurance: audits, reviews and compilations, depending on what lenders, investors or stockholders require.

Other advisory work includes cash flow projections, preparing loan requests for bank financing, business valuation, strategic planning, and succession planning for family-owned companies. The firm also offers forensic accounting for disputes, reviews of internal controls and help with forming new businesses. Its work with non-profit organizations focuses on the expense and revenue classifications that affect tax-exempt status.

Services for Individuals

For individual clients, the firm offers personal financial planning, estate planning and elder care support. It also handles personal tax matters such as unfiled returns, back taxes, innocent spouse relief, bankruptcy-related tax questions and requests for IRS files. Owners of smaller companies may find it useful that the same firm can handle both their business payroll and their personal tax and planning needs.

How the Firm Works

The firm says its approach rests on three principles: professionalism, responsiveness and quality. It aims to pair specialist knowledge with personal attention for every client. Clients can use a secure online portal and a file-transfer tool to exchange accounting files, get copies of earlier tax returns and pay fees online.

The firm also publishes a monthly newsletter, free reports and tax resources such as due-date calendars and rate tables. For buyers comparing payroll providers in northwestern New Mexico, Accounting & Financial Solutions is a local CPA firm rather than a payroll-only processor. Its strengths are combining payroll with accounting, QuickBooks support and IRS problem resolution.

Steve Oldfield & Associates is a locally owned certified public accounting firm in Farmington, New Mexico, that has worked with households and companies in San Juan County and the wider Four Corners region since 1975. For employers comparing payroll providers, the firm is a full-service CPA practice where payroll is one part of a broader accounting relationship rather than a standalone software product.

Payroll services

The firm approaches payroll on the premise that every employer has its own requirements, so it builds a payroll arrangement around the way a particular business operates instead of forcing it into a fixed template. Its staff take on the recurring compliance work that tends to burden small employers, including:

• Designing a payroll management process suited to the business
• Preparing and filing quarterly federal Form 941 returns
• Year-end W-2 preparation for employees
• 1099 preparation for contractors and other payees
• Ongoing collaboration to keep payroll routines efficient

Because the same office also handles bookkeeping and tax returns, payroll records can flow directly into a client's books and annual filings, which may appeal to owners who prefer a single point of contact for wage reporting, ledgers and income taxes.

Broader accounting and tax work

Beyond payroll, the practice offers general accounting and financial statement support, bookkeeping, advisory engagements aimed at spotting risks and improving efficiency, business consulting and planning, tax preparation for individuals and businesses, help with complicated returns for self-employed people or owners of multiple companies, and trust consulting and planning.

Its clientele ranges from start-ups and individuals filing personal returns to small, mid-sized and larger corporations. The firm states plainly that it does not conduct audits and does not provide investment advisory services, so buyers needing those should look elsewhere.

Team and background

The firm is led by two CPA partners. Steve Oldfield has more than four decades in public accounting, holds a Colorado license dating to 1978, and earned degrees in accounting and mathematics from Fort Lewis College along with a master's in taxation from Texas Tech.

Shaun Linker, licensed in New Mexico since 2023, brings more than a decade of public accounting experience and studied at Fort Lewis College and San Juan College. A third CPA, Steve Gammon, is a University of New Mexico graduate who earned his certification in 2014.

They are supported by several accountants, a processor and a receptionist, including one staff accountant with two decades at the firm.

The firm emphasizes personal service, careful attention to detail and reasonable fees, and it describes its staff as well versed in federal and New Mexico tax rules. Client testimonials on its site mention relationships lasting twenty to forty-five years, pointing to a stable base of repeat clients. The office is open Monday through Friday, closing slightly earlier on Fridays.