Money Management Solutions Inc

A great accountant understands the different types of corporations and how they are taxed and can reduce the client company's tax liability simply by knowing how the accounting data is input on the tax return and can give the client good advice to both increase profitability as well as avoiding triggering an IRS audit, and best of all decreasing the amount of taxes they have to pay. A great accountant understands how to correctly build a chart of accounts and what expenditures are Cost Of Goods Sold expenditures and what are regular business expenses, and what has to go on the balance sheet and depreciated and what can be written off 100% in the year it was purchased. A great accountant knows how much money the business owner can take in owners draws without triggering an audit and cvan recognize when the company is stressed for cash flow and do an analysis of why that is happening and discuss possible strategic changes with the business owner to relieve the stress and ncrease sales and profitability.

What I love most is being able to help a business owner increase their cash flow and bottom line profits while decreasing their tax liability so the company can build and maintain a firm financial foundation so they company is able to get though an economic downturn and stay in good financial shape. I have worked through many company turnarounds and helped a good number of companies avoid having to file for bankruptcy. Small businesses are the backbone of our country's economy and if they fail, our communities and the families who live in the communities fail. Being able to help small businesses succeed financially is very rewarding.

Honestly, I was making a great salary working out in the corporate world for major corporations during the first half of my career and cutting off the golden handcuffs of a huge salary and lots of company perks was scary and difficult. But I could not tolerate working with upper level management people who were unethical, and some who were immoral, and some who had the out-of-date good-old-boy mentality that women had no place in business management. That drove my decision to leave the corporate world and open my own business and I never looked back. I appreciate being my own boss and being able to choose which clients I will work with and who I will not work with. I have fired a few clients and sent them packing because they asked me to write off personal items as business expenses or do other things that would violate the accounting code of ethics. I also am willing to shoulder the responsibilities and liabilities of owning my own business.

First, I have been working in this field for 29 years and I am fast, accurate, and efficient which is important because accounting is billed by the hour and the time it will take is driven by how many transactions have to be entered into QuickBooks from bank, credit card and loan statements. I am knowledgable about businesses in over 50 different industries which is a huge plus-point because I know how those industries operate and so the accounting accurately reflects their industry standard operating procedures which is vitally important to their avoiding an IRS audit due to incorrect, sloppy, or lazy accounting work.

I work only remotely from my private home office. I never have clients come to my home office. If I need to meet with a client face-to-face I will meet them at a rerstaurant or coffee cafe or at their office if they are in town. I have traveled out of town to work in a client's office on the occaisions where I have been appointed by the court to be the accountant on a bankruptcy case to help try and dig them out and restucture or close out the company because I have a lot of experience in the industry that company is in.