Businesses

It’s like having your own accounting department

Through our Virtual Back Office platform, we work with very closely-held service-based businesses, in industries including professional services, franchises, retail, trades, and restaurant/bars. We work alongside them to efficiently manage their tax, accounting, payroll, and strategic planning needs. Our business clients utilize our robust included technology tools to manage their tax and accounting functions, which allows us to efficiently provide assistance and support to them.

Our Virtual Back Office (VBO) approach allows us to fully manage the critical but time-consuming aspects of the accounting, tax and payroll functions, allowing the business owner’s time to be used more effectively and giving the business owner more value for their fee dollars. VBO can go further than the core accounting and tax functions. With our constant year-round involvement, we have a firm foundation for efficiently providing higher-level business planning and strategic assistance, and for the business owner to outsource additional financially sensitive business processes to us, such as payroll administration, accounts payable, accounts receivable/invoicing. We are truly part of the team running your business.

We have three VBO packages, which are also described in more detail below:

Virtual Back Office

Basic

Includes:

Accounting

  • Reconcile bank accounts
  • Reconcile credit cards
  • Entry of transactions into QuickBooks® Online
  • Perform monthly accounting close process

Tax

  • Business return preparation
  • Personal tax return preparation
  • Preparation & e-filing of 1099s
  • Preparation & e-filing of property tax listings

Payroll

  • Payroll tax submissions & filings with SurePayroll
  • Employee direct deposit
  • Employee portal access
  • Penalty & fine guarantee from SurePayroll

Tax Advisory

  • Calls & emails with tax questions from you & your advisors: (unlimited)
  • Tax projections: (2)

Business Advisory

  • Monthly financial statements available in QuickBooks Online
  • Guidance on utilizing budgeting within Quickbooks Online
  • Technology vetting & selection assistance

Included Software

  • Quickbooks Online - cloud based accounting system
  • SurePayroll - full service payroll solution
  • ShareFile - secure file storage & sharing

Straightforward pricing based on your tax situation, starting at $550/mo

Virtual Back Office

Standard

Includes VBO Basic plus:

Tax

  • Preparation & e-filing of sales & use tax returns

Tax Advisory

  • Tax strategy planning projects using TaxPlan IQ: (2)
  • Dedicated meetings with client's financial advisor: (1)

Business Advisory

  • Classing & segment reporting in Quickbooks Online
  • Dashboard & KPI development & monitoring in Clockwork software
  • KPI & dashboarding check-in meetings: (2)

Included Software

  • Clockwork - KPIs and financial planning & analysis
  • TaxPlan IQ - tax planning

Straightforward pricing based on your tax situation, starting at $750/mo

Virtual Back Office

Complete

Includes VBO Standard plus:

Tax Advisory

  • Dedicated meetings with client's financial advisor: (3)

Business Advisory

  • KPI & dashboarding check-in meetings: (6)
  • Virtual CFO
    • Resource for internal accounting staff
    • Management of formal month-end close process
    • Hands-on execution of tax strategies developed
    • Capital expenditire planning
    • Monthly coaching call
    • Bi-monthly KPI & dashboarding check-ins
    • Budgeting preparation, monitoring, & reporting
    • Profitability analysis
    • Cash flow analysis
    • Liaison with bankers, attorneys, vendors, insurance agents, & other advisors

Straightforward pricing based on your tax situation, starting at $3,500/mo

Other benefits

  • Single, integrated solution for tax, accounting, & business advisory needs
  • Dedicated team of CPAs focused on your business throughout the year
  • Audit assistance - handling taxing authority notices & inquiries included
  • Proactive tax planning
  • Timely & actionable business information & advice