– Our full-service offering
– Bring the practice advisory, accounting, financial, and tax expertise directly into your practice – without the full-time expense of highly qualified financial employees
– Take your growing practice to the next level financially by utilizing the expertise of multiple CPAs, allowing us to handle the numerous facets of your practice’s finances
– For the medical professionals that utilize our CFO Advisory services, our #1 priority is maximizing value for the owner(s) of the practice
– Entity selection assistance
– Ownership structuring
– New practice formation and business considerations
– Relationships with bankers, attorneys, financial advisors, and insurance agents to help with practice startup needs
– Loan negotiation assistance
– Operating agreement assistance
– Succession planning
– Valuation assistance
– Retirement planning, including assistance with setting up plans that maximize tax deferral opportunities for the owner(s)
– Profitability & expenditure review
– Financial planning & budgeting
– Cash flow modeling
– Lease vs. buy analysis
– Outsourced accounting assistance
– QuickBooks assistance by QuickBooks Certified ProAdvisors
– Preparation of internal financial statements
– Internal controls implementation
– Tax planning strategies
– Tax preparation for medical practice office, doctors, and other medical professionals
– Cost-savings possibilities when the medical practice’s business and physician’s personal taxes are prepared collectively- All federal, state, and local tax filings
– Quarterly estimate preparation
– New partner tax considerations
– Multiple office locations and multi-state tax filings
– Preparation of audited, reviewed, or compiled financial statements
–Assistance with bank loan covenant requirements, office lease requirements, and additional assurance requirements
– Agreed-upon procedures
– Employee benefit plan audits
