Build a dependable monthly close, clearer management reporting, and controller oversight, with tax planning connected to the decisions ahead—all in one ongoing relationship.
Prefer to call about becoming a client? (631) 677-1344
The strongest fit is a privately held company that needs dependable monthly financials, experienced review, and tax planning while decisions remain open. More entities, locations, financing relationships, or reporting requirements often make that continuing support valuable.
John W. Halloran, CPA, Managing Partner, leads the firm’s professional accounting and tax practice. John W. Halloran, Jr., CFA, Managing Director, leads its CFO Advisory practice.
Choose Business Accounting & Tax when accounting and year-round business tax need to work together. If the primary need is the close, reporting, or financial planning, Client Accounting Services may be the more direct starting point.
Your bookkeeper or accounting staff can continue daily work while we add close management, review, reporting, and tax coordination. We can also assume defined accounting responsibilities. The scope identifies who prepares, reviews, approves, and follows up.
Company management retains oversight, approvals, cash control, accounting judgments, and business decisions. We coordinate the agreed work with your existing team, systems, and advisers.
Your written scope identifies the work included, the materials management receives, and the schedule. Controller oversight and targeted CFO Advisory add the depth the business needs.
Defined transaction work, reconciliations, and close management.
Reconciled accounts, supporting schedules, and management financial statements.
An agreed monthly close, with transaction work as scoped.
Review balance-sheet accounts, unusual items, and reporting variances.
Reviewed schedules, explanations of significant movements, and priorities for follow-up.
Agreed close and management-review checkpoints.
Connect planning and compliance to current results and upcoming decisions.
Tax projections, estimated-tax planning, agreed filings, and analysis of relevant entity, owner, or multistate questions.
Year-round checkpoints around filing requirements and decisions still open.
Analyze cash, performance, and significant financial decisions.
Cash-flow and rolling forecasts, budget comparisons, and focused scenarios for management review.
An agreed review cadence, with decision-specific analysis as scoped.
The close establishes the reporting base, the monthly review turns results into action, and recurring tax checkpoints bring current facts forward while decisions remain open.
The Business Review is an illustrative example, not client work. Actual reporting varies with the business and the agreed scope.
Share your priorities and timing. An introductory conversation reviews the team, systems, close, reporting, and tax needs.
Agree on responsibilities, deliverables, schedule, and fees, including any initial cleanup or transition work.
Coordinate access and handoffs, begin the agreed close and reporting schedule, and review priorities with management as needs change.
Either model may fit. We can assume defined accounting responsibilities or strengthen an existing team with close management, controller oversight, reporting, and tax coordination. We agree on a clear division of responsibilities during scoping, and company management retains responsibility for oversight, approvals, cash control, and business decisions.
Not necessarily. We first assess whether the current system can support reliable reporting and an efficient close. If a change would materially improve the process, we will explain why and plan it deliberately.
The scope is built around transaction volume, complexity, team responsibilities, reporting needs, and tax requirements. Ongoing work is generally organized around a monthly and quarterly schedule.
Share where the close, reporting, capacity, or tax process is breaking down. We’ll discuss the operating model that could support the next stage of the business.
Discuss What You Need