Remote CFO is our all-inclusive solution for closely held businesses. Think of us as your chief financial officer and internal accounting department. We deliver services you need but cannot afford to have in-house in addition to traditional income tax minimization and financial statement preparation.
We leverage technology to provide services cost effectively in an all in one monthly fee without frustrating incremental charges. Remote CFO is the solution to your accounting issues that translates into peace of mind and improved business results. You are free to do what you do best: taking care of customers and growing your business.
As your trusted advisor, we determine the services you need and then design a package that best suits your business needs. Remote CFO has five service areas:
Put your focus back on your business by handing your accounting work over to our firm. When you outsource your accounting function to us, you get a team of professionals working for you. We handle your complex tax and accounting work while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
Next Generation Accounting Firms provide clients with the highest level of client service and professional support. At Coleman & Associates CPAs, Ltd., we go beyond the numbers to partner with clients—working year round to ensure you stay on a healthy financial path. We also offer an ...
Did you know you could be personally liable for a harsh penalty if payroll taxes withheld from your employees aren’t paid over to the federal government? Learn more about whom the IRS can go after at your business.
It’s important to address the 3.8% net investment income tax (NIIT) in your estate plan, because it can erode your earnings from interest, dividends, capital gains and other investments, leaving less for your heirs. The NIIT applies to individuals with modified adjusted gross income (MAGI) over $200,000. The tax is equal to 3.8% of 1) your net investment income or 2) the amount by which your MAGI exceeds the threshold, whichever is less. You can reduce or eliminate the NIIT by lowering your MAGI, lowering your net investment income, or both. Contact us for additional details.
These are several factors to consider when a business converts from C corporation to S corporation status. Here is what you should understand.