Online Bookkeeping Services North Thompsonville, CT

Your financial statements aren’t just figures in a report, they are the backbone of your business’s success. Whether you need to make informed decisions, secure funding, or meet regulatory requirements, we deliver accurate, audit-ready financial statements that provide a transparent overview of your business’s financial position.

What We Offer:

• Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and net income so you can measure growth, spot patterns, and make smarter financial decisions.
• Balance Sheet - A concise overview of your assets, liabilities, and equity, helping you understand where your business stands financially.
• Cash Flow Statement - See exactly your revenue sources and where it’s going, so you can keep finances under control and avoid cash shortages.
• Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to identify strengths and red flags.
• Investor & Grant Reporting - Professionally prepared reports customized for banks, investors, and funding bodies to help you secure funding.

Reliable financial statements build confidence among investors, minimize uncertainties, and help you steer your business toward success that drive growth.

A solid financial plan is the foundation to business growth and financial stability. We create tailored budgets and forecasts to help you maintain control, anticipate challenges, and steer your business with confidence.

What We Offer:

• Annual & Monthly Budgeting - Data-backed financial plans built around historical trends, industry benchmarks, and future goals. 
• Revenue & Expense Forecasting - Comprehensive projections that help you anticipate future financial needs, ensuring steady growth. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to equip you for changing market conditions.
• Budget vs. Actual Performance Tracking - Ongoing comparisons between your financial projections and current financial performance to keep you on track.

Proactive budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to achieve financial stability.

Profitability doesn’t guarantee financial stability, steady cash flow is the real key. We help you take control of your cash flow proactively so you can stay operational, compensate your team, and invest in growth.

What We Offer:

• Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and sustain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to enhance cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
• Emergency Fund Planning - Establish financial reserves to protect your business from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always positioned for scaling.

Poor cash flow management is one of the leading reasons businesses struggle, our expertise keeps you ahead of financial challenges.

Errors in payroll can lead to dissatisfied workers, tax penalties, and compliance issues. We manage your payroll, ensuring your team gets paid correctly, without delays, and in complete alignment with government policies.

What We Do:

• Payroll Processing & Direct Deposits - Seamless handling of salaries, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Precise tax deductions to keep your business free from penalties.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, 1099s, and 941s.
• Benefits, Deductions & Overtime Compliance - Accurate management of health benefits, pension deductions, and labor law requirements.
• Payroll Audits & Compliance Checks - Regular payroll evaluations to prevent issues, avoid penalties, and maintain legal standing.

A error-free payroll system ensures employee satisfaction, protects you from legal issues, and keeps you in good standing with labor laws.

Audits can be stressful, but they don’t have to be. We help you stay audit-ready year-round with error-free books and full compliance with regulations.

What We Offer:

• Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
• Internal Controls Assessment - Identify vulnerabilities, errors, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to track restricted funds and meet grantor requirements.
• IRS & Tax Audit Support - Full documentation, representation, and legal adherence if you’re audited.
• Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.

Maintaining audit preparedness eliminates last-minute panic, ensures compliance, and shields your organization from costly penalties.

Beyond financial tracking and regulatory adherence, we provide expert advice to help you improve earnings, get financing, and enhance decision-making.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to increase income and reduce expenses for a healthier bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to reduce tax burdens and retain more profits.
• Funding & Investor Readiness - Prepare professional financial reports and presentations to attract investors or secure business loans with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and cost-effective financial management to ensure long-term stability.

The right financial strategy can take your business from stagnant to thriving.