Whether you are a sole proprietor, partnership, LLC or corporation (large or small), you need accurate and timely financial information to make the best business decisions. In addition, you must ensure that you are paying employees, vendors and taxing authorities on time and correctly. And you should be concerned not only about filing tax returns, but also about how to maximize deductions and minimize your tax bills. Finally, if you are subject to an outside audit, having your records in the best shape possible will allow the auditors to complete their work as quickly as possible (and save you money).
If you are starting a new company, I provide comprehensive accounting services, assist in tax planning and prepare your returns. A company has a responsibility to their investors, banks, customers (internal and external) and board of directors whether or not they currently have staff. I can play a vital role as an Interim (or Part-time) CFO for your company.
My services include:
New Business Formation and Orientation
Prepare budgets and documentation for funding requests
Consult on entity options
Establish tax compliance procedures
Set-up payroll and bookkeeping systems
Assist in employee benefits set-up
Establish billing and collection policies and procedures
Develop company accounting procedure manual
Negotiate and set-up insurance policies
Assist in space negotiations/lease terms
Provide ongoing support for the myriad of issues that businesses face
Prepare full monthly financial reporting package including Income Statement, Balance Sheet, Statement of Cash Flow and other reports management wishes to see
Meet fiduciary responsibility to investors, banks, customers (internal and external) and board of directors
Comply with bank covenants
Search out additional sources of funding
Deal with treasury and risk management
Provide management with information necessary to make timely competitive decisions with limited resources
Manage payroll
Customer invoicing and manage collections
Pay bills
Pay sales tax
Pay quarterly estimated taxes
Perform monthly bank reconciliations
Manage cash balances
Assist in annual budget preparation
QuickBooks Services
Create a customized bookkeeping system
Perform a bookkeeping clean-up; get back on track with a clean set of books
Year-end review to get ready for tax reporting and analysis
Train new users and business owners to use QuickBooks to effectively manage the business
Audit Preparation
Minimize the amount of fieldwork required by auditors (weeks vs. months)
Significant savings on audit fees (often tens of thousands of dollars)
Reduce the risk of going over budget on an audit
Please give me a call at 415.215.0639 or email me to discuss your tax preparation or accounting needs.