River Valley CPAs & Advisors

River Valley CPAs & Advisors We are an experienced accounting firm that specializes in serving small businesses, individuals, and agri business.

We offer income tax preparation, bookkeeping, payroll, sales tax, trust and estate planning.

💰 What Are the New Trump Accounts?We’ve received a lot of questions about the new Trump Accounts, and many parents are w...
07/11/2026

💰 What Are the New Trump Accounts?

We’ve received a lot of questions about the new Trump Accounts, and many parents are wondering if they’re worth looking into.

Here’s a quick overview:

👶 Any child under 18 can have a Trump Account opened in their name. Children born after January 1, 2025, qualify for a one-time $1,000 federal contribution.

📈 Additional contributions may be made to the account (subject to annual limits), and the money is invested in broad U.S. stock index funds for long-term growth.

Like any financial planning decision, these accounts aren’t a “one size fits all” for every family. They are a tool in your financial tool box.

The best account is the one that fits your family’s goals.

If you’re wondering whether a Trump Account makes sense for your child or grandchild, we’d be happy to discuss the pros and cons and help you choose the option that’s right for your family.

Easy to reach. Easy to talk to.

🇺🇸 Holiday Office Hours 🇺🇸As we celebrate Independence Day, our office will be:Thursday: Open until 12:00 PMFriday: Clos...
06/30/2026

🇺🇸 Holiday Office Hours 🇺🇸

As we celebrate Independence Day, our office will be:

Thursday: Open until 12:00 PM
Friday: Closed in observance of the Fourth of July

We will return to our normal business hours on Monday.

We hope you and your family have a safe, relaxing, and memorable holiday filled with good food, great company, and spectacular fireworks!

Happy Independence Day from all of us at River Valley CPAs & Advisors! 🇺🇸

Easy to reach. Easy to talk to.

CPAs Do More Than Taxes.One of the most valuable things a CPA can do isn’t preparing your tax return, it’s helping prote...
06/26/2026

CPAs Do More Than Taxes.

One of the most valuable things a CPA can do isn’t preparing your tax return, it’s helping protect your business.

We’re trained in internal controls, the safeguards that help prevent theft, fraud, and embezzlement before they happen.

Ask yourself:

✔️ Who signs the checks?
✔️ Who reconciles the bank account?
✔️ Who has access to online banking?
✔️ Who can create vendors or issue refunds?

One of the most expensive losses a business can suffer isn’t from taxes…

It’s from someone they trusted.

At River Valley CPAs & Advisors, we don’t just help you make money, we help you protect it.

Easy to reach. Easy to talk to.

🚨 ANOTHER QUICKBOOKS PRICE INCREASE 🚨Just when you thought your software bill couldn't get any higher...Our own QuickBoo...
06/19/2026

🚨 ANOTHER QUICKBOOKS PRICE INCREASE 🚨

Just when you thought your software bill couldn't get any higher...

Our own QuickBooks renewal is increasing from $3,762 to $5,304 per year. 🤯

And QuickBooks Online users aren't escaping either. Several plans are getting another round of price increases.

For years, business owners have been told:

💡 "You don't need an accountant. Just do it yourself."

But here's what often happens:

❌ Software fees keep going up
❌ Payroll subscriptions keep going up
❌ You're still doing the bookkeeping and payroll yourself
❌ You're spending evenings wondering if it's right

And eventually, many business owners feel trapped because they've been led to believe an accountant would cost even more.

Ironically, we often find the opposite is true.

A good accountant doesn't just save you time. We can often:

✔ Save you the software fees
✔ Save you hours every month
✔ Catch costly mistakes
✔ Suggest tax strategies that save real money
✔ Give you confidence that your books are right

Software is a tool.

Advice is what creates value.

If your bookkeeping software is costing more every year, it may be time to ask:

"Am I paying all this money just to do the work myself?"

Easy to reach. Easy to talk to.

Our clients don't have to turn to AI because their CPA won't take their calls. We are meeting with clients and answering...
06/12/2026

Our clients don't have to turn to AI because their CPA won't take their calls. We are meeting with clients and answering your questions. Even outside of tax season. If you are tired of the runaround, give us a call. 479.968.3500

🎉 GOOD NEWS!! 🎉It looks like the IRS is finally processing electronically filed extensions from about 90 days ago.Rememb...
06/01/2026

🎉 GOOD NEWS!! 🎉

It looks like the IRS is finally processing electronically filed extensions from about 90 days ago.

Remember those penalty notices we posted about? We received one ourselves, despite having a timely filed extension that was accepted by the IRS before the deadline.

Today, we received another letter from the IRS...

✅ Balance Due: $0.00

The IRS finally processed the extension and corrected the account.

If you received a late-filing penalty notice but know an extension was filed on time, it may be worth waiting a few weeks to see if the IRS updates your account on its own, especially if the extension was filed electronically.

Unfortunately, mailed extensions appear to be taking even longer.

And for those wondering if calling the IRS helps...

We called at 8:00 AM sharp this morning and were greeted with:

📞 "Your estimated wait time is greater than 60 minutes."

Some things never change.

If you've received an IRS notice don't panic. They are wrong more often than you think!

Easy to reach. Easy to talk to.

🚨 IRS LETTER UPDATE 🚨Remember our recent post about the IRS sending out bizarre notices that made no sense?Well… now we’...
05/28/2026

🚨 IRS LETTER UPDATE 🚨

Remember our recent post about the IRS sending out bizarre notices that made no sense?

Well… now we’re getting them too.

The IRS accepted our extension SEVEN DAYS before the deadline, and still mailed us a demand letter anyway.

Unfortunately, this is becoming more and more common. They are getting worse, not better.

The frustrating part is that many of these notices are for relatively small amounts. We may know the IRS is wrong, but sometimes it costs more in professional fees to fight the notice than the amount they are demanding.

And that is one of the hardest conversations we have with clients.

Because at the end of the day, our responsibility is to do what is BEST for our clients, not create bigger bills trying to prove a point to the IRS.

Please know:
✔️ We review every IRS notice carefully
✔️ We will always be honest about the best course of action
✔️ And if a notice looks wrong, there’s a very good chance it actually is wrong

If you receive an IRS letter, don’t panic. Send it to us first.

Trust us… we understand the frustration.

Easy to Reach. Easy to Talk To.

Happy Birthday Kelsey!Everyone at River Valley CPAs wishes you at wonderful day.We are all glad you are part of the work...
05/23/2026

Happy Birthday Kelsey!
Everyone at River Valley CPAs wishes you at wonderful day.
We are all glad you are part of the work family!

⛽ High Gas Prices Got You Down? You May Qualify for a Fuel Tax Credit.With gasoline prices remaining stubbornly high, it...
05/21/2026

⛽ High Gas Prices Got You Down? You May Qualify for a Fuel Tax Credit.

With gasoline prices remaining stubbornly high, it's a good time to talk about one of the most overlooked tax credits available to farmers and small businesses: the Federal Fuel Tax Credit.

When you buy gasoline, part of what you're paying is federal fuel tax used to fund highways and roads. But if that gasoline is used off-road, you may be entitled to a credit or refund of those taxes.

Common qualifying uses include:
• Farm equipment
• Lawn mowers
• Generators
• ATVs and UTVs used in business or farming
• Power washers
• Other off-road equipment

Here's the catch: Most farmers in our area already use off-road (dyed) diesel, which is exempt from road fuel taxes. In those cases, you've likely already received the benefit.

However, if you're purchasing taxed gasoline for qualifying off-road use, there could be money waiting to be claimed on your tax return.

The rules are more complicated than most people realize, and many taxpayers either miss the credit entirely or claim it incorrectly.

With fuel prices where they are today, every dollar counts.

Easy to reach. Easy to talk to.

🚨The Hidden Cost of DIY Bookkeeping & Payroll🚨Many business owners think doing it themselves saves money.Let’s break tha...
05/13/2026

🚨The Hidden Cost of DIY Bookkeeping & Payroll🚨

Many business owners think doing it themselves saves money.

Let’s break that down.

Using QuickBooks Desktop Enterprise with payroll:
• Software: $2,200/year
• Payroll Subscription: $805/year

That’s over $3,000 per year…
Or about $250/month just to do it yourself.

And that doesn’t include:
• Your time running payroll
• Your time doing bookkeeping
• Filing payroll reports
• Fixing mistakes
• Wondering if everything is actually correct

So now you’re paying $250/month + your time + your stress

All to hope it’s right.

At some point, it’s worth asking:

👉 Is DIY really saving money?

Or is it costing more than having it done professionally (and correctly) the first time?

If you’re ready to stop second-guessing your numbers, let’s talk.

Easy to reach. Easy to talk to.

Address

210 West 10th Street
Russellville, AR
72801

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm
Friday 8am - 12pm

Telephone

+14799683500

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