Castaneda CPA & Associates PS

Castaneda CPA & Associates PS We sell one thing: a peace of mind. As an outsourced controllership firm - We Balance. You Build. Scholastic milestones include his B.A.
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Hector has over 10 years of qualified business experience, most of which was in Fortune 200 Companies. As a seasoned professional, you can trust your business will benefit from maximized tax strategies, advantageous risk-reward foresight, and simplified communication. His proficiency in a wide range of industries will provide your team reliable, valuable, and enjoyable results in all finance affai

rs allowing you to focus on your operational goals. Whether it be his experience as a Branch Manager of a highly profitable painting company, or as a Division Controller of one of the nation’s largest homebuilders, or as a Certified Public Accountant for a local Spokane firm, Hector’s opportunities have exposed him to more than the books, but the understanding that it is the people that make a business run and it is the business partners that help support them along the way. in Business Administration (M. Accounting) degree from Washington State University where he sat on the board of Beta Alpha Psi to grow the Mentorship Program, his Master in Accounting degree from the University of Washington where he created a hedge fund account with his network of peers, and his Certified Public Accounting certificate he earned while climbing the Corporate ladder. Maria has an accomplished track record of owning a successful retail company in the Tri-City area for over 13 years. She has managed all facets of a growing business. She is a dedicated resource for questions regarding payroll, operational strategies, marketing, and more. She is an expert liaison for the clients who operate mostly within the Hispanic community. Her compassion and dedication for excellence is unrivaled and her knowledge in diversity brings with it a social advantage to her clients. The feedback loop that she provides has been instrumental in the development of new programs that have gained new market leads, consistent results, and fulfilling work.

07/07/2026

🏗️ Residential builders: those "trade policy" headlines are hitting your bottom line.

New tariffs on lumber, steel, aluminum, and appliances are adding an estimated $7,500–$10,900 to the cost of building a single new home — and the National Association of Home Builders calls it exactly what it is: a tax on builders, buyers, and consumers. Canadian softwood lumber duties alone have climbed to roughly 45%.

Here's what many builders miss: how you account for rising material costs can change your tax bill — purchase timing, inventory treatment, and job-cost categorization all matter.

Let's make the tax code work for you, not against you. 📅 Book a call: clients.castanedacpaps.com/i/bookings

Happy 4th of July to everyone celebrating today.To the business owners and crews who took a long weekend, enjoy it. You'...
07/04/2026

Happy 4th of July to everyone celebrating today.

To the business owners and crews who took a long weekend, enjoy it. You've earned it.

To the ones still grinding through the holiday, we see you too.

Wishing everyone a safe and restful day with the people who matter most.

From all of us at Castaneda CPA & Associates, Happy Independence Day.

06/30/2026

We were recently asked, "Can I deduct the $4K in tools I just bought? I'm in construction."
Our answer was that of course, unless you bought these for home use and you exclusively have an employer and no business of your own.

05/27/2026

Most business owners are already paying for their kids’ phones, equipment, and travel.
They’re just not getting any tax benefit from it.

When kids are already creating content or documenting what they do, this can be structured properly.
Same lifestyle. Better tax outcome. Real learning for the kids.

For higher-income families, this can mean deducting up to $32,200 in wages, plus related expenses, depending on structure.

If you have kids and a business, this is a conversation to have now, not at year-end.

05/25/2026

This Memorial Day we take time to honor the brave men and women who have given the ultimate sacrifice for our freedom. With gratitude and respect from our team at Castaneda CPA and Associates, we wish you a Happy Memorial Day.

05/22/2026

Running a business is already demanding. The last thing you need is financial confusion slowing you down. Most businesses waste valuable time trying to handle accounting themselves, only to end up stressed, overpaying on taxes, and still making costly mistakes. Our mission is simple; we balance, you build.

Visit our website and let us guide you: https://castanedacpaps.com

05/21/2026

The end of the second quarter is June 15th. Now is a good time for business owners to review their finances and prepare for upcoming tax deadlines. Make sure your bookkeeping is up to date, review your income and expenses, and set aside enough cash for estimated tax payments. Check for deductible expenses, track mileage and receipts, and review payroll tax obligations if you have employees.

Quarter-end is also a great opportunity to evaluate cash flow, adjust your budget, and meet with your CPA to identify tax-saving strategies before the year moves too far along. Staying proactive now can help reduce stress and avoid surprises later in the year.

05/20/2026

When selling your home, smart tax planning can help you keep more of your profit. Our team can help you understand capital gains rules, determine if you qualify for the home sale exclusion, and identify any deductions or records you may need. We can also help you avoid surprises at tax time and make sure the sale is handled correctly from a financial standpoint. Having professional tax advice during the process can save you money and give you peace of mind.

Working with a CPA helps you, as the business owner stay organized, avoid costly mistakes, and handle taxes and finances...
05/19/2026

Working with a CPA helps you, as the business owner stay organized, avoid costly mistakes, and handle taxes and finances with confidence. Beyond accounting, at Castaneda CPA, PS we can offer valuable guidance on cash flow, profitability, and business growth. Having a trusted financial expert allows you to spend less time worrying about numbers and more time focusing on running and growing your business.

05/18/2026

A productive week starts with an actionable plan. Map out your goals for the week and break them down into small tasks to move the needle forward. You’ve got this!

Address

2110 N Molter Road
Liberty Lake, WA
99019

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 1pm
Saturday 10am - 1pm

Telephone

+15094921719

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