Outsourced CFO Services
- Assisting with federal and state tax compliance and reporting
- Developing cash flow improvement programs
- Developing key relationships with venture capitalists, bankers, auditors and lawyers
- Developing strategies and tactics to minimize overall tax liability and exposure
- Evaluating and creating internal controls
- Evaluating equity transactions
- Managing capital to improve profitability
- Overseeing financial and accounting functions
- Producing accurate, meaningful financial statements
- Serving as a liaison to lenders, investors and other outside financing sources
Outsourced Accounting Services
- Post cash receipts and disbursements
- Reconcile bank accounts monthly
- Process accounts payable including obtaining proper account codes
- Manage payroll and payroll reporting
- Set up customized chart of accounts
- Manage invoicing and accounts receivable
- Prepare general ledger and financial statement compilations
- Summarize data required for tax returns
- Prepare sales tax returns
- Assist with day-to-day journal entries
- Set up and support QuickBooks software
- Manage depreciation schedules
Benefits of Outsourcing
About South Dakota
The South Dakota business community is a vibrant and resilient force that drives the state’s economic growth and prosperity. With a diverse range of industries and a business-friendly environment, South Dakota has emerged as a promising destination for entrepreneurs, corporations and startups.
One of the key factors contributing to the success of the business community in South Dakota is the state’s low tax burden. South Dakota has no corporate income tax, no personal income tax and no personal property tax. This favorable tax climate attracts businesses from across the country, allowing them to retain more of their profits and reinvest in their operations.
The state’s strategic location and transportation infrastructure further enhance its appeal to businesses. South Dakota is situated in the heart of the United States, providing convenient access to major markets and transportation routes. Interstate highways, rail systems and a network of airports facilitate the efficient movement of goods and services, making it easier for businesses to connect with suppliers and customers.