The Importance of Accounting

Accounting means keeping a record of your income, expenses, assets, liabilities, and cash flow. You need to know all of the above to create a budget and to use it as a tool to keep you focused on the priorities identified to be most pertinent. Your financials serve multiple uses such as: Having verified documents in the case of an IRS Audit, securing adequate financing, and to procure certifications like 8(a) and MBE. With BusinessWise CFO, a Fiducial Company’s accounting and tax services, your firm will be covered in all your financial areas.

Our areas of expertise include:

    • CPA Reviewed Financial Statements
    • CPA Compiled Financial Statements
    • Management Use Only Statements
    • Preparation of Financial and Management Reports Including Budgets, Projections, Pro-Forma Financial Statements, and Other Reports as Needed

Compiled vs. Reviewed Statements

Pro Forma? English Please.

Tax Planning and Preparation Services

In today’s environment of uncertainty, it has become increasingly important to engage in tax planning throughout the year rather than simply filing the actual return. Whether you are an individual or business, tax planning is not a one size fits all affair. By understanding your priorities and cash flow picture, BusinessWise CFO, a Fiducial Company can assist you in making effective decisions that help you lower your tax liability in short and long term, while maintaining compliance with the complex and ever-evolving tax codes.

Our Services Include:

    • Corporate, Partnership, and Individual Tax Planning
    • Preparation of Federal, State, and Local Tax Returns
    • Sales and Use Tax Reporting