Business & Financial Services
BackOffice Accountant
QuickBooks
Payroll and Sales Tax
Reporting and Consulting

Business Startup

Business Tax Return

Employer services

ProfitCents® Business Advisory Reports

Personal Financial Services
Income Tax Returns
Personal Financial Consulting

• BackOffice Accountant™ services:
• Accounts Receivable - including transfer of Accounts Receivable function to our office, billing customers
• Accounts Payable – monitoring and paying bills as approved
• Deposits, bank reconciliations, and monitoring bank account balance(s)
• Payroll services
• Payroll preparation - Weekly, Bi-Monthly or Monthly
• Monthly and quarterly payroll tax preparation to include payroll tax deposits
• Annual W2/W3 and 1099/1098 preparation
• Respond to federal and state notices
  
  
• QuickBooks services:
• Installation and set up of QuickBooks program
• Review and file clean up
• Onsite QuickBooks training as needed, including QuickBooks report design
• On-going support
• Assistance with third party add-on programs
• Assistance in setting up QuickBooks’ internal system of security features
• Review backup and data security procedures in place; make recommendations to improve systems
• Annually Updated QuickBooks software for term of this agreement - FREE or 1/2 list price depending on agreement.
• Pro Edition
• Enterprise Edition
• Online Edition
• Annual QuickBooks payroll subscription - FREE or 1/2 list price depending on agreement.
• CheckMagic check writing software including installation, setup & training in use - FREE or 1/2 list price depending on agreement.
  
  

• Payroll and Sales Tax services:
• Payroll preparation - Weekly, Monthly or Bi-Monthly
• Monthly and quarterly payroll tax preparation to include payroll tax deposits
• Annual W2/W3 and 1099/1098 preparation
• Sales tax return preparation - Monthly, Quarterly or Annually
• Respond to federal and state notices
  
  
• Reporting and Consulting services:
• Cash-flow projections
• Compiled financial statements including review with principals
• Review of financial statements including presentation to board members or principals
• Assistance in preparing forecast and budget, including goal-setting as needed
• Contract review
• ProfitCents related-industry financial analysis
• Semi-annual review
• Annual review
• General business consultation and advice as needed, including review and discussion of what-if scenarios for various projections, review of benefits plans and options, tax projections, etc.
• Key Price Indicator (KPI) determination and procedures
• Capital expenditures planning and consultation
• Establish and monitor basic internal control procedures for cash and other assets
  
  
• Business Start up services
• Review start up documentation, including contracts, agreements, etc.
• Purchase analysis including analysis of existing business, meeting with owners, review of history and assets, cash flow and operations projections
• Choice of entity
• File for federal and state tax identification numbers
• Assist with development of business plan including projections and budgeting
• Filing form 1023/1024 for Not-For-Profit status
• SBA application
  
  
• Business Tax Return services:
• Preparation of Federal and State Income Tax return
• Preparation of Tangible Property Tax return
• Preparation of Business License Tax return
• Amendments to any returns required for years covered by FPA
• Assistance with IRS/State audits for years covered by FPA, for returns filed by our office
• Response to all tax notices and correspondence with taxing authorities for years covered by FPA that are filed by our office
• Income tax planning and monitoring during term of contract
  
  
• Employer services:
• Assistance with the interview and hiring process for key employees and with DISC reviews for key employees with annual reports
• ESTeam Employee Survey
• Benefits planning – assistance in setting up a company deferred compensation plan, health insurance options, investment choices, and monitoring of accounts
  
  
• ProfitCents Business Advisory Report:

Get a clear picture of your business's financial health. We analyze key financial figures of your business and provide you with a plain language written report which includes charts, graphs and a star-rating system to measure your business's financial health. You'll even see how your financial situation compares to other businesses in your industry for a better perspective! View a sample report. Here is a sample of what we address:

• Liquidity - Can you meet your obligations as they come due? Do you annually budget for unexpected cash requirements?
• Gross Profit & Net Profit - Are these trends favorabel? How do they compare to your peers in the industry?
• Sales - Are they growing and are you satisfied wtih their levels? Have you established sales goals for next year?
• Borrowing - Is it costing you more than it should?
• Assets - Are they being used effectively to generate a strong return on your investment?
• Employees - Are you hiring effectively?

• Income Tax Return services:
• Preparation of Federal and State Income Tax returns
• Including the preparation of Income Tax returns for dependent child(ren) to include meetings to discuss returns and the importance of financial responsibility & investing
• Amendments to any returns required for years covered by FPA
• Assistance with IRS/State audits for years covered by FPA, for returns filed by our office
• Response to all tax notices and correspondence with taxing authorities for years covered by FPA that are filed by our office
• Income tax planning and monitoring
  
  
• Financial & Personal Consulting services:
• Review current investments and suggest alternatives
• Assistance with retirement planning and estate planning
• Review of will(s) and related documentation
• Assisting principals in choosing among retirement/investment options
• Review and/or prepare personal budget
• Annual ProfitCents Personal Financial Reports