The Importance of Bookkeeping

Bookkeeping means keeping a record of your income, expenses, assets, liabilities, and cash flow. You need to know all of the above to monitor your financial results, properly report to the various tax authorities and maintain a budget that you can use as a tool to achieve your priorities. Your financials also serve other uses such as: having appropriate documentation in the case of a tax Audit, securing adequate financing, or to procure certifications like 8(a) and MBE. With BusinessWise CFO, a Fiducial Company’s Bookkeeping, your firm will take the best financial decisions. 

Our areas of expertise include:

Monthly Financial Statements Management Use Only StatementsPreparation of Financial and Management Reports Including Budgets, Projections, Pro-Forma Financial Statements  . Other Reports as Needed

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 the 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 Returns
• Sales and Use Tax Reporting
•Other Tax filings as required

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