Virtual CFO

  QuickBooks Support

  Accounting

  Bookkeeping

  Tax Services
    TaxFilings
    Tax Planning
    IRS Representation

  Retirement Planning

  Financial Projections

  Financial Statements

  Business Plans

  Consulting Services

  Business Formations -
   Incorporations

Virtual CFO
Our Virtual CFO service assists entrepreneurs and business owners to create change, solve problems, accelerate and/or manage growth with professional, part-time financial management.

Use this link for more information on how the flexible and affordable Virtual CFO program can provide a cost effective means to infuse your business with the additional financial and business expertise it needs.

Tax Preparation and Filings
We keep current with the latest tax regulations and legislation; and can ensure our clients that we will work diligently to minimize both your current and future tax liabilities.

We are knowledgeable in all manner of taxes: federal, state, sales, franchise, payroll, use, property, income, estate, gift, etc.

We prepare tax returns at the Federal and State levels for:

• sole proprietorships
• partnerships
• LLCs - LLPs - PCs
• corporations
• estates
• trusts
• not-for-profit organizations

IRS Representation
Should you receive a notice of deficiency, or a lien or levy; or should you need assistance with an Offer in Compromise or an Installment Agreement, we can represent you before the IRS and help resolve your IRS problems in all 50 states.

Tax Planning
Developing tax strategies that take advantage of the latest tax laws and regulations is the best means of minimizing your tax liabilities. We will use our taxation expertise and work with our clients to structure the most tax efficient plan for each business.

Retirement Planning
No matter what size business you own, a retirement plan can provide you significant tax advantages and help you to attract and retain great people. The right retirement plan could be the key to giving both you and your employees the secure retirement you've earned.

After discussing your objectives and reviewing your business' financial situation, we will assist you in your retirement planning. There are many types of plans available, including:

• Simple IRA Plan
• SEP IRA Plan
• 401(k) Plan
• 403(b) Plan
• Profit Sharing Plan
• Money Purchase Plan
• Defined Benefit Plan

Accounting - Bookkeeping
We provide a comprehensive range of cost effective accounting services which produce timely, accurate, well-organized, and meaningful financial information that enable our clients to run their businesses more efficiently and effectively.

Our accounting services include:

• Bookkeeping: bank reconciliations, audit trail, balance sheet, payroll register, determination of adjusting entries, posting cash receipts & disbursements, preparation of tax filings, operating statements
• Preparation of general ledger and financial statements
• Review of financial statements
• Preparation of financial forecasts and projections
• Cash flow analysis
• Budget analysis
• Preparation of business tax returns: sales, payroll, income, use, business property, etc
• Complete computerized payroll services including check preparation
• Evaluation and design of accounting controls
• Set-up of accounting systems for new businesses

Financial Statements
Financial statements provide a "picture" of your business' financial condition, and are used for internal control and/or for presentation to others to secure external financing. We will prepare an income statement, also called a profit and loss statement or a "P&L", and a balance sheet for your business.

The income statement lists your income, expenses, and net income (or loss). The balance sheet is a financial "snapshot" of your business at a given date in time; and lists your assets, your liabilities, and the difference between the two, which is equity or net worth of the business.

Financial Projections
We can prepare financial projections which management can use to plan and evaluate a business' financial performance, and to make informed decisions. Some uses of financial projections are to:

• prepare a budget
• prepare a business plan
• project cash requirements
• develop strategies
• raise external financing
• monitor performance

• expenses
• revenues
• cost of goods sold
• capital expenditures
• cash flow
• balance sheet
• income statement

Business Planning
Every business needs short and long term objectives and a plan of how to effectively accomplish them. We can assist you to develop a comprehensive business plan that will identify and quantify your objectives and goals and generate the action plans to achieve them. A good business plan will significantly improve the odds of your business' success. Elements of a business plan include:

• business description
• market/industry analysis
• competitive analysis
• human resources plan
• sales and marketing plan
• product development program
• capital expenditures plan
• profit and loss forecast
• cash flow forecast

Consulting Services
We assist businesses to make better use of their resources and increase efficiency and profitability. Some of the areas to which we can apply our expertise include:

• business valuation - your business' or an acquisition candidate's
• evaluation of financing options
• cash management
• risk management
• market analysis
• competitor analysis
• succession planning for family owned businesses
• mergers and acquisitions
• review and setup of management information systems
• compliance with government regulations
• software review, setup, and training

Business Formations - Incorporations
We discuss the various business forms and structures with our clients, assist them in determining the best for their individual situation, verify the availabilty of their chosen business name, and prepare the appropriate documention:

• DBA - doing business as
• Sole Proprietorship
• General Partnership
• Joint Venture
• Limited Partnership
• LLP - limited liability partnership
• LLC - limited liability company
• P.C. - professional corporation
• Sub Chapter S Corporation
• Chapter C Corporation
• Non Profit Corporations

Contact us to discuss your requirements.