Brylaw Accounting Firm Blog: Hire a Part Time CFO for Effective Business

They say trying to find a good job is hard but what is even more difficult is trying to start a new business. So much care and attention has to be given in the beginning that sometimes people spend less time on things which require their most attention. An entrepreneur is faced with various challenges like product quality, meeting with potential client, keeping an eye on employees who might usurp your profit. All these points are some of the facets of starting a new business.

That is why Brylaw Accounting Firm which is a leader in tax and finance provide many companies and small business with part time CFO. The part time CFO will be a highly experienced finance executive who would know all the nuts and bolts. The part time CFO will give you the balance which you need and the peace of mind which comes along with it.

You as an Entrepreneur will be able to concentrate on other aspect of the business like promotion and marketing and general management. The Brylaw accounting part time CFO will advice you in all matter of finance and help you plan your tax and chart a plan for future investment. They will also give you expert opinion on how to save money also. All in all the part time CFO simply takes the complicated burden of finance management with the best and ethical practices.                 

Brylaw Accounting is One Stop Solution for all Tax Problems and Financial Solutions

Planning taxes and finance can be a tough task for lot of people because most of us are not experts and need help and guidance. They say a little knowledge can be dangerous and this applies for the world of finance and one bad advice can cause lot of monetary loss to someone or a wrong decision taken by the individuals themselves.

That is why it not wrong to go and have a nice long talk with experts who have years of experience in the field of tax and finance and Brylaw accounting has some of the best professionals from the world of tax law and financial planning. At Brylaw these professionals have years of experience in helping and guiding individuals and businesses with the best advice and plans. This has in turn has helped change the life of many people for the better. Brylaw accountings are experts in the field of

• Tax Law
• Tax Preparation
• Small business services
• Strategic business planning
• Succession planning
• Payroll management
• Part time CEO
• Collage savings
• Retirement planning

Brylaw is simply a one stop solution for all tax and financial services. 

Brylaw Accounting Makes Complex Tax Easy

There is not a single person in America who does not get a little glittery during the time of tax and believe it or not the time of doing your taxes is upon us. So get the show box out and all the receipts which you had thrown into it without even thinking because they could prove to be very useful. But each year we miss something and end up paying more tax which could have easily have been avoided.

That is why the tax solutions provided by Brylaw accounting are one of the best and most efficient out in the market. Their aim is to do their best to help you get a refund and more importantly ensure there are no last minute panic and the problems which are associated with it. With them it is a holistic approach to solving your entire tax problem and it does not matter if it is a small business or an individual.

With Brylaw accounting preparation is everything and that is why their advice and guidance has helped many people have peaceful nights of sleep and not worrying about their taxes because all is in place and one just has to file and set back, relax and wait for a check with a refund which can be invested elsewhere.

Source: Brylaw.com

Brylaw Accounting making Succession Planning more Efficient

Often when people have a family business the desire to leave the daily functioning of business in the hands of the next generation is the ultimate goal. There are still many businesses in America which has been passed along form one generation to the next carrying on the family tradition.

Also in some cases the person who had started the business may not have a any family member wanting to take over the business, in that case again you need expert advice for Succession Planning. The expert accounting lawyers at Brylaw accounting know exactly how to deal with such situation and have helped many businesses make a smooth transition.

Some of the points to keep in mind are

• If you decide to keep the business in the family Brylaw accounting will help you weigh in the advantages and disadvantages.

• They know how to minimize the tax and the tax burden when a transitioning is happening. One has to be very careful and must look carefully at every aspect with regards to tax.

Once these are settled Brylaw will focus on

1. Business Valuation
2. Business Restructuring
3. Tax Consequences
4. Retirement Projections
5. Tax Projections

We all know Finance but are we Experts?

Each year people all over America start new businesses hoping to find that winning formula to achieve the American Dream. Some succeed some fail but the desire to move forward remains ever so resolute. 

The reason most businesses fail or do not achieve the success which they hoped for is because of lack of financial planning and that is where Brylaw Accounting comes into play because they are experts in the matter of finance and tax.  

Why it is beneficial to have an outside CFO

We are the owners of our business and know what is in the best interest to take it further. However it is sometimes important to have an outsider to be your CFO and Brylaw offers this service part time which allows you to focus on other things like.

·         Give more time on new services and new customers.

·         A Part time CFO gives you better understanding of the financial side of your business.

·         More time to make decision and seeing the hard and true numbers of your business.

·         You can make tough business decisions and CFO will help you clarify your business plans.

·         A professional is overseeing the financial sideof your business.

·         It gives you strong financial controls in yourbusiness

·         Your accounting staff gets better training.

·         Budget preparation and monitoring.

These are some of the points which one must think over and get a part time CFO who will guide you to take your business to new high and Brylaw Accounting is committed to make this happen.     

Brylaw Accounting is the Epitome of Professionalism

Every company has their own ethos and Brylaw accounting is no different. This is firm which provides a very serious and important service to people by giving their best advice when it comes to matters of finance. The accounting firm was built on three principals, professionalism, responsiveness, and efficiency.

Professionalism

This firm has a large client-base which spans all across the nation and complete attention to detail is given for in Tax Preparation and Bookkeeping Services. The aim is to make each and every one of our clients feel that the whole firm is at their service and always maintain high standards of service.

Responsiveness

When people or business rely upon your expertise it is necessary to become highly responsive as a firm. When you respond quickly the client feels that the issues raised by them are being looked into with.

Efficiency

Efficiency is the benchmark of any successful organization because it directly correlates with their performance. Brylaw accounting has set very high standard of efficiency provide efficient financial package.

Brylaw Accounting is a leading firm when it comes to Tax Preparation and Bookkeeping Services for small and large business and they also advice and provide customized financial service for individuals.

Brylaw Accounting Always Supports Non-Profit Organizations

There are many people in this world who want to make a difference in the lives of people and the best way to do that is to start a Non-Profit Organization. As we all know several of these Non-Profit Organizations have helped change the lives of people all over America and Brylaw Accounting has always been on the forefront to help and guide Non-Profit Organizations because they care about communities.

The intention may be noble but still when non profits receive funds and donation they must know the rules and regulations and have to keep their financial records. The IRS requires most tax-exempt organizations to submit the Form 990 which includes the following.

1.    Income Statement like donations, salaries, postage, rent.

2.    Balance Sheet which must include cash, accounts receivable and accounts payable.

3.    Functional Expense Statement for services, fundraising, or operations.

These are some of the points which NGO’s have to keep in mind when filing their financials.