Tommy Irvine, CPA

Principal

Chico, CA

3013 Ceres Avenue Chico, CA 95973

Contact Information

eMail

Social Media Information

Tommy integrates innovative processes with tax and accounting know-how, delivering measurable results for agriculture and manufacturing businesses, primarily permanent and specialty crop operations. He focuses on a business’ future financial performance so the owner has more time to devote to activities they do best or enjoy most.

Tommy believes it’s imperative to learn what drives each business he works with—no two businesses are alike. He visits facilities and gets to know key people to gain a full picture of the company, and bring advantageous operating structure and tax strategies, employing tools such as IC-DISC and R&D credits. His recent accomplishments include:

  • Applying the benefits of an IC-DISC and paying dividends to the owners, which are taxed at the lower capital gains rates, giving the agricultural operation over $2 million more in operating capital.
  • Mediating a full-disclosure dispute to a successful settlement with an S-Corp that sold a large number of assets and needed support for the sale.
  • Determining that a retailer was a candidate for over $80,000 in R&D credits, and developing the detailed study to qualify the business.

With experience as a university instructor, he analyzes financial results in detail and explains them with utmost clarity. Tommy plays an integral role in establishing healthy business operations while bringing a lighthearted, fresh attitude to any situation.

Education

  • B.A., accounting, California State University, Chico

Credentials

  • Licensed CPA in California

Professional Associations

  • American Institute of Certified Public Accountants
  • California Society of Certified Public Accountants

Civic Associations

  • Sunshine Rotary board member
  • Chico Sunrise Rotary member
  • Community Alliance with Family Farmers (CAFF), board member

Personal

  • Basketball, golf, softball
  • Watching the San Francisco Giants

Mentions and articles by Tommy

What to Expect from Your Accountant this Tax Year

K·Coe Editoral | November 28, 2018

The 411 for Farmers & Ranchers Many farmers and ranchers stand to benefit from tax law changes brought about by 2017’s Tax Cuts and Jobs Act (TCJA). Numerous changes have been made in the areas of accounting rules and depreciation. […]

california-wilfire-disaster-relief

How to Help California Fire Victims

K·Coe Editoral | November 12, 2018

Camp Fire, now the most destructive wildfire in the history of California, has desecrated an insurmountable number of people’s lives, families, friends, homes, and livelihoods.  In addition, two more wildfires in Southern California are displacing residents and businesses. As K·Coe […]

Insider Scoop on Ag Loan Negotiation

K·Coe Editoral | October 17, 2018

Preparation Can Bolster Your Loan Chances Before renewing your ag loan, it’s important to “develop a good understanding of key elements used by lenders to assess your borrowing positions,” advises Doug Claussen, principal at K·Coe Isom. Claussen outlines the three […]