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 Texas
One of the key factors driving the success of the Texas business community is the state’s business-friendly climate. Texas is known for its low taxes, minimal regulations, and limited government intervention, creating an environment conducive to entrepreneurship and economic growth. The absence of personal income tax and its competitive corporate tax rates make Texas an attractive destination for businesses seeking to maximize their profits and invest in expansion.
Texas is home to a wide range of industries, each contributing to the strength and diversity of its business community. The state has long been associated with the energy sector, boasting a rich history in oil and gas production. In recent years, Texas has also become a leader in renewable energy, particularly wind and solar power. Additionally, Texas has a strong presence in aerospace and aviation, technology, healthcare, manufacturing, finance, and agriculture, among other sectors. This diversification of industries helps to mitigate economic volatility and ensures a stable business landscape.