Tafoya Barrett and Associates PC

Tafoya Barrett and Associates PC provides tax preparation, bookkeeping and general financial planning advice to individuals and to entities such as trusts, estates, pension and profit‑sharing plans, and small businesses. Like many supported firms, its work is client‑facing and focused on individual taxpayers rather than investment management.

The firm’s brochure emphasizes general financial recommendations and written financial plans rather than discretionary portfolio management: it does not manage assets, act as custodian, place trades, or provide performance reporting. Financial planning and limited‑scope advice are billed on an hourly basis (the brochure cites standard hourly billing and a $350 limited‑scope rate), and clients retain responsibility for implementing recommendations.

What distinguishes the firm from many peers is its operating model as a certified public accounting practice that follows AICPA standards and focuses on tax and bookkeeping services rather than asset management or commissionable products; the brochure states the firm does not sell or accept commissions for financial products and is not affiliated with product sellers. The brochure also notes specific operational controls — including information security measures, a detailed business continuity plan, and that the firm may, in limited trustee or bookkeeping situations, be considered to have custody — reflecting a service mix and risk profile that differs from supported firms that primarily manage client portfolios.