Accounting and Tax Services to Maximize the Profits and Value of Your Professional Services Firm

Professional service firms face unique challenges from other types of businesses, which is why you need a CPA firm who understands your industry. Those challenges include:

• Balancing the cash flow cycle, matching your biggest expense – payroll – with receipts for services.
  
• Reducing your tax liabilities. Every tax dollar saved is an additional dollar of profit for the firm.
  
• Maximizing revenue from professional staff. The product output of professional service firms is their expertise. Getting the highest value (both monetary and lifetime client equity) out of every professional hour is critical.
  

Our Solutions

• Bookkeeping and Business Advisory – We can take over your firms financial accounting and reporting functions, reducing the need for administrative staff, and freeing up professional staff for productive work. Our seasoned professionals can be your company’s accounting department and serve as your Chief Financial Officer, giving firm owners support and guidance on financial and treasury issues.

• Cash Flow Planning, Budgeting, Forecasting – Professional service firms continually struggle to balance cash needs versus receipts. Our team can build predictable models and procedures to assist firm owners in managing and projecting their cash cycle.

• Restructuring Agreements -Professional service firms often have agreements that were appropriate during the early years but are either too costly or restrictive for their current situation. Our team can help identify those agreements and work with the providers to gain terms more favorable to the firm’s current situation.
  

Our team of experts will help you grow your firm, maximize its value, and transfer that value to the next generation through succession planning or sale. Our team can reduce administrative headcount and help professional staff have more productive time. Our cash management and business advisory along with tax preparation and planning solutions allow firms to have the resources available to meet unexpected events, make acquisitions, and generate more profit. We have the experience on both sides of the table, working as owners and senior executives of service firms as well as consultants and outside experts.

Our Services

Our services for eCommerce businesses include:

“I can’t recommend any higher the person that’s become not just my accounting consultant but my friend, Salim Omar. You will know in one minute that this is somebody you want in your life, to connect you to other people, to learn from him, and to have him on your team as a CPA.”

Dr. Steven L. Rasner

DMD, MAGD, Bridgeton Dental Associates, Bridgeton, NJ

"Salim is far more than an accountant. His focus while providing superlative accounting services is to help his clients grow their business and to continue achieving greater success. I happily give Salim my highest recommendation."

Paul Appel

Attorney at Paul Appel PC

"Working with Salim is a breath of fresh air. To say he does taxes well is just the tip of the iceberg. Salim and his team go way beyond the numbers and look into how you can grow your business. His recommendations are spot on and have made a big difference in my business. I highly recommend talking with Salim and his team. It's a conversation that will be a game-changer for you."

Michael Bellina

Digital Marketing Strategist, Migman Media, LLC