What we offer
We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year.
At WFTFS, LLC we prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to tax planning & return preparation for:
Payroll & Bookkeeping Services
Success starts when you take charge of your books.
How much more profitable could your business be if you had the time to focus on the actual business instead of handling a range of administrative tasks?
WFTFS, LLC offers you options for better management of your bookkeeping, accounting, controller and payroll services. Leverage the advanced technical expertise of our team members to help you realize increased profitability through efficiency gains by using our robust accounting and bookkeeping solutions that allow you to minimize the time you spend on these functions.
We have experience in serving a wide range of industries and business models, including health care, insurance, food, service, real estate, retail and many more. Whether you run a factory or sell fashion jewelry, we know the services you need and can provide it in a way that suits your schedule and budget.
Our process is all about you and your business, so we don’t take a cookie cutter approach. Instead, we start with a conversation, speaking to you one-on-one on to make sure we know which tasks you want us to work on.
Our goal is to help you meet your goals, both short and long term. We know that competent, consistent bookkeeping and accounting is the key to a business’ success. Having accurate and professionally-prepared financial documents enhances your understanding of the health of your business and guides your decisions. Our services are customized to your specific needs, and can include any or all of the following, and more:
Remote Bookkeeping Services (Quickbooks)
Remote Payroll Services
Our Virtual CFO Service may be a perfect fit for you if:
You’re a growing service-based business that now needs professional financial advice but can’t yet afford a full-time CFO or controller.
You’re an existing business that’s looking to replace an existing CFO and don’t need an on-site CFO on a daily basis.
From helping you understand the financial health of your business to providing you with valuable financial projections and giving your entire team strategic advice as your business grows, we are here to help you in the following areas related to your business:
Explain your financial position: Walk you through your financial statements and discuss profits (or losses), any assets you own and outstanding liabilities as well as your cash flow
Set up an accounting system and tools: If you have an existing accounting system, then we will evaluate the existing system and process that you have in place and make recommendations for improvement.
Forecast cash flow: Create a 12-month cash flow projection to ensure you have the cash that you need to cover future obligations
Manage cash flow: Understand where your money is coming from and where you are spending your money.
Create budget-to-actual reports: Set goals for the year and evaluate periodically to see if you are on track to meet your goals; if not, dig into the reasons for not meeting the goals.
Work directly with lenders and investors: Act as your liaison by communicating directly with financial institutions and potential investors to provide the financial documents required to show that you are a good credit risk
Remote Bookkeeping Services (Quickbooks)
When it comes to accounting software for small and mid-sized businesses, QuickBooks is considered the gold standard. The software enables easy tracking of sales and expenses, can create invoices, generate payroll and generally gives you the ability to do all of the bookkeeping and financial management of your organization from one streamlined application.
More importantly, a QuickBooks system can be put into place for your Mainline Philadelphia business quickly and easily in a way that will have an immediate positive impact on your profitability. The experts at WFTS, LLC are here to help you with every step of implementation!
Why Use Quickbooks for your Small Business?
One of the advantages of QuickBooks is that it can easily be customized to your particular business needs, and we are proud to be a member of the Certified QuickBooks Pro Advisor program. This means that wherever you are located in Mainline Philadelphia or anywhere the United States, we will be able to create and implement a custom QuickBooks design that will be designed specifically for your organization and everything that makes it unique.
QuickBooks will answer all of your business needs, providing you with improved economies and efficiencies, and by taking advantage of the expertise of our team, you will be assured of complete assistance and support from the very first consultation through to the program’s installation and training. We will be with you every step of the way, providing you with support and ongoing maintenance.
QuickBooks has gained the confidence and admiration of businesses around the world, allowing organizations to take charge of their own bookkeeping in a revolutionary and simple way. The program provides valuable tools that save time and money, and our accounting firm is dedicated to helping businesses around the country with the positive impact that it can make.
Our Mainline Philadelphia Quickbooks Services
The advantage of using QuickBooks Services implemented by our Mainline Philadelphia small business accounting firm is that it is designed with your specific business in mind. We take a consultative approach, diving deep into what makes your company unique and how it does its business and then creating the system to work within your operation. We will look at every nuance of your business, from the everyday tasks to the long-term financial objectives and then set up a personalized QuickBooks system that is customized to fit your needs.
You will find that the program not only saves you time, but also improves the quality of your bookkeeping and gives you an enhanced level of security over other systems, and we make sure that you and your staff are fully trained so that you will be able to use the system to the fullest extent of its capabilities.
Benefits of Quickbooks and Your Business
QuickBooks offers a number of highly valuable features for small and mid-sized companies, including the ability to send out invoices, scan receipts, track sales revenues and organize your expenses in a way that allows you to stay informed easily. It will run your employee payroll system, enable payments in storefront, online and mobile environments and generate real-time financial reports whenever you need them.
Perhaps most importantly, QuickBooks will eliminate the kind of costly mistakes and delays that plague so many businesses, both on a day-to-day basis and when it comes time to prepare your taxes. The program synchronizes tasks across multiple devices and platforms, enabling for greater efficiency, accuracy and accessibility.
Our Mainline Philadelphia, PA Accounting Firm
We have been providing business accounting services in the Philadelphia Mainline area for years, working directly with clients in order to enhance their chances for success. We have a deep understanding of QuickBooks and how it can improve efficiency and accuracy, and have used it to help countless businesses.
In addition to the improvements that QuickBooks can make within your organization, it also makes it possible to transmit important information directly to our team in real time, making it possible to take advantage of her expertise and knowledge that much more quickly and efficiently.
If you would like more information on how our knowledge and experience can help your business grow, save on taxes and build a secure future, contact our office today. We will tell you how QuickBooks services can help you.
QuickBooks set up that can save you hours of trying to figure out the initial installation for yourself.
QuickBooks training that helps you and your employees operate all of the program’s functions and take advantage of all of its benefits.
QuickAnswers for your accounting department employees. We are just a phone call or email away, ready to save you time and answer all of your questions in a friendly and supportive manner.
QuickTuneup is a service that we provide whenever you need help with problem areas. Whether you are getting ready for tax time, going through a financial review or have encountered some other kind of challenge, our Tuneup will clear up the problem.
QuickBook Tips is a collection of shortcuts and hints that will help you make the most of your QuickBooks experience.
If you’d like to receive more information about our Philadelphia Mainline QuickBooks services, please contact us!
Remote Payroll Services
Our Payroll Service Solutions include following services:
- Employee & company setup
- Calculation of Net Pay checks
- Processing & reconciliation of payroll
- Check/Direct deposit processing
- Payroll Journal and Payroll Summary Sheet
- Payroll tax filing
- Form W-2 and W-3 processing
1099 and 1096 processing
If you have been considering hiring someone for any of the above services, please do give us a call at (267) 496-1110 to show how our custom, outsourced bookkeeping services offer a better way.