Business Planning

Business Accounting addison TX New business Formation

Whether you run a small business or large corporation, understand that not all business entity types are equal. The type of entity that is best for you and your business depends on the type of business you have, where it is now, and where you want it to go. In addition to state regulations governing entity types and activities, income taxes often differ based on the type of entity generating the income. Based on your business and your specific goals, we will advise you on the pros and cons of each type of entity and the one best suited for the long term goals for business.

Part Time CFO Services

Has your business reached the point where you need a chief financial officer, but can’t support the cost of a full time executive? If you don’t currently have an executive who manages your financials decisions there are number of problems that your business could subject to without your knowing like increasing your tax liability to improper budget planning. With Jennifer Morrow CPA, PC we can provide the services of a corporate financial officer for your company on a part time or an as needed basis. CFO services include overseeing the accounting function, preparing and analyzing budgets, forecasting cash requirements, evaluating resources and increasing operating efficiencies.

Managing your business’ finances is a necessity when running a business. If you are not already keeping track of your financial statements, then you may be in trouble with the IRS. Prevent any future issues and just call us to get you started, so that you don’t get into trouble that could have been easily avoided.

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