Virtual Finance Officer (VFO) is an all-inclusive solution that offers small businesses relief from the day-to-day accounting hassles while providing 24/7 access to financial data. As your trusted advisor, we pay your bills, record deposits, prepare payroll and payroll tax returns, furnish financial statements, produce W-2s, prepare tax returns, and supply valuable financial and tax advice throughout the year. All activity is completed online via our technologically advanced platform—so communication and document exchange is in real-time.
Setup and training for VFO couldn’t be simpler. You define your immediate needs and we assess how VFO can be integrated. We train your company’s designated point of contact on the process of providing our staff with the daily information required by the VFO solution and teach them how to access the system from our website.
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| General Ledger | |||
| Provide 24/7 online access to Business's Books | ✓ | ✓ | ✓ |
| Reconcile Bank Accounts | ✓ | ✓ | ✓ |
| Reconcile electronic transactions into QuickBooks | ✓ | ✓ | ✓ |
| Reconcile credit card accounts | ✓ | ✓ | ✓ |
| Sales Tax Filings | — | ✓ | ✓ |
| Maintain Fixed Asset Schedule | ✓ | ✓ | ✓ |
| Manage Payroll | |||
| Prepare payroll | — | ✓ | ✓ |
| Submit payroll taxes to agencies | — | ✓ | ✓ |
| Prepare payroll tax returns | — | ✓ | ✓ |
| Prepare W-2s | — | ✓ | ✓ |
| Retirement Plan/Garnishment Remittance | — | ✓ | ✓ |
| Manage Accounts Payable | |||
| Process bills and vendor payments | — | — | ✓ |
| Track credit card expenses and receipts | — | — | ✓ |
| Process employee expense reports | — | — | ✓ |
| Prepare 1099s for service providers | — | — | ✓ |
| Provide digital access to paid bills | — | — | ✓ |
| Tax Return Preparation | |||
| Corporate or Partnership tax preparation | ✓ | ✓ | ✓ |
| Property Tax Return | ✓ | ✓ | ✓ |
| Business Consulting | |||
| Prepare monthly financial statements | ✓ | ✓ | ✓ |
| Prepare monthly budget reports | — | ✓ | ✓ |
| Tax planning | ✓ | ✓ | ✓ |
| General business consulting | ✓ | ✓ | ✓ |
| Quarterly video conference | ✓ | ✓ | ✓ |
Put your focus back on your business by handing your accounting work over to our firm. When you outsource your accounting function to us, you get a team of professionals working for you. We handle your complex tax and accounting work while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
2019 income tax filing deadline extended
The US Treasury Secretary announced March 20, 2020 the deadline to file 2019 individual income tax returns has been extended to July 15, 2020. In a previously released statement, Oregon Department of Revenue indicated they would conform the state filing deadline with any changes made at the federal level. We will...
The Federal government retroactively extended many tax breaks that may affect your 2019 and 2018 tax returns. Extended tax breaks that impact personal income tax returns include:
It has come to our attention that at least one client has received an email appearing to be from “Steve Greer” that asks the recipient to click a link to retrieve documents. This email is a hoax and should be deleted immediately – DO NOT click on the link provided.
If you receive an email that appears suspicious, the first step you should follow...
Client Communication Liscio 
QuickBooks Online 
Accounts PayableBill.com
Video ConferencingZoom
