Toran Accounting

Toran Accounting The official business page of Toran Accounting!

Toran Accounting is a CPA firm in Jackson Hole, WY, specializing in small business accounting, tax preparation, and outsourced accounting services. Since 2011, we’ve helped small businesses, construction companies, real estate investors, and law firms make smarter financial decisions with clear strategies for growth. As experienced Jackson Hole tax accountants, our team of Certified Public Account

ants provides bookkeeping, compliance, tax preparation and financial planning that local businesses rely on. Whether you’re searching for a small business CPA in Jackson, WY or trusted accountants in Jackson, WY, we deliver proactive tax and accounting solutions that go beyond year-end reports.

08/03/2026

No Log = No Deductions!
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08/01/2026

What is the real difference between buying and leasing a work vehicle?
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07/31/2026

Getting a work Vehicle? WATCH THIS!
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07/29/2026

This is what doing your own books feels like, let us handle it. We don’t miss.
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07/26/2026

3 things every contractor should know!
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07/24/2026

This simple mistake almost cost him $190K! If you find your business is in a sticky situation, give us a call and let us help you!

07/23/2026

A contractor got a letter from the IRS saying he owed $190,000 in back payroll taxes and penalties. Here is the twist: he had paid his taxes the whole time.
Payroll has two jobs. One, deposit the money with the IRS. Two, file the payroll tax returns that tell the IRS what those deposits were for. His cheap payroll service only did the first one. The money went in on time every period, but the returns never got filed, so on paper it looked like he never paid.
This is the hidden risk with the cheapest payroll option in town. Part 1 of 3.
Got employees? Pull up your account this week and confirm your payroll returns are actually being filed, not just your deposits being made. Not sure how to check? That is exactly what we do. Link in bio.

Quick gut check for every GC and trade business owner:Grab your list of 1099 guys. Run each one through these questions....
07/08/2026

Quick gut check for every GC and trade business owner:
Grab your list of 1099 guys. Run each one through these questions. Be honest, because the IRS will be.

-BEHAVIORAL: Who controls the work? Do you set their start time? Assign which job site they go to? Direct how the work gets done? Every yes points to employee. A true sub gets a scope and a deadline, then runs their own show.

-FINANCIAL: Do they run a real business? Their own LLC or entity you pay under? Their own EIN? Their own general liability policy? Their own tools and truck? Other clients besides you? If it's no down the line, that's not a sub. That's an employee with extra tax risk.

-RELATIONSHIP: How permanent is this? Full time on your crew, week after week, year after year, only working for you? That's the strongest employee signal there is.

Two real-world examples so this lands:
-Your framing crew that only works your projects, on your schedule, with your equipment? Almost certainly W-2. Doesn't matter what they signed.
-The plumber you sub because you don't hold the license? He works off his own schedule, his own tools, his own company, even as a one-man shop. You tell him what needs done at the house and he handles it his way. True 1099.

The line is control. If you control how and when, you have an employee. If you only control the result, you have a sub.
Most owners who run this test find at least one guy on the wrong side of it. Next post covers exactly what to do about that.

If you're paying guys on 1099 who work like employees, you don't have a "maybe someday" problem, you have a liability si...
07/06/2026

If you're paying guys on 1099 who work like employees, you don't have a "maybe someday" problem, you have a liability sitting on your books right now. And it grows every single pay period.

Here's what that liability looks like when it catches up to you:
Back payroll taxes, both halves, employer AND employee side Failure-to-deposit penalties Failure-to-file penalties on every missing 941 Interest compounding on all of it Potential back overtime under the Department of Labor.

On a 5-man crew running a few years, that math clears $50,000 fast.
And here's the part that surprises owners most: your signed subcontractor agreement does not protect you. The IRS and DOL do not care what the contract says. They only care how the relationship actually works day to day.

07/04/2026

Contractors face unique financial challenges: inconsistent income and big year-end swings. This video offers a simple system to eliminate financial surprises and keep you in control all year long. Never be blindsided again.

Address

4020 West Lake Creek Drive
Wilson, WY
83014

Opening Hours

Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 8am - 4pm

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