CFO and Controller Services

CFO and Controller Services

If you"re like a lot of business owners, accounting and financial reporting is not your specialty, but you do understand that it is critical to your business.  However, you can"t afford a full-time CFO or controller, which is where we can help you.

Fortunately, you don"t need to be an accountant to succeed, because you can have your own team of CFO"s "on-call" from our Firm.  We"re not just number crunchers…we"re business experts with real-world experience in all the issues you face.

We know your industry, and we know what works. Our CFO team will help you navigate the financial maze to establish a sound foundation for your growing business and your bottom line.


As your CFO, we will assist you in the following areas:

  • Updating and preparing your month end financial statements. This will include a complete and written analysis of your business. We will point out the areas of opportunities.
  • Review your financing options and, if need be, prepare funding proposals to obtain the best financing available.
  • Review your internal controls and make recommendations to improve your operatations.
  • Review your accounting systems and information technology and make recommendations for improvements.
  • Review your benefit packages and make recommendations.
  • Review your tax situation and make recommendations.

For more information contact us at info@peroocpa.com

 
HIRE Act
Do you know about the HIRE Act?

The Federal Government passed the HIRE Act to create incentives for businesses to hire unemployed workers.  When a company hires an employee who has not worked a maximum of 40 hours in the immediately preceeding 60 days, the company is eligible for the HIRE Act incentive.  This incentive will save the employer 6.4% (equal to the employer\'s share of the Social Security tax) of the employee\'s wages for the remainder of 2010.  If the employee is employed 52 consecutive weeks, and earns at least 80% in wages for the second 6 months as in the first 6 months, the company is then eligible for an additional $1,000 tax credit in 2011.

 
 
The Small Business Jobs and Credit Act of 2010
H.R. 5297

Changes to Section 179

CHANGES AND HIGHLIGHTS 
  • Total amount available for deduction increased from $250,000 to $500,000
  • Limit of the total amount equipment purchased allowed increased from $800,000 to $2,000,000.
  • New changes are in effect for 2010 and 2011
  • “50% bonus depreciation” has been extended to the 2010 tax year

 
 
Our firm is dedicated to providing continuing
education to our clients. This is done through
seminars, newsletters, and one on one training.

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