How can we set up an appointment with you?
You may contact Mark Schwartz, the Senior Manager at Mark@cfotech.net, or call the office at (480) 219-8705.
Do you offer free business consultations?
Yes, our first meeting is generally an opportunity to share what we do for prospective clients, so we can better understand their unique needs and requirements.
Do you work with Start-up (new) companies?
Yes, we work with many start-up ventures, offering advice in entity formation (how to form a company, as an LLC, S Corporation, or some other entity type), planning, capitalization, etc. We believe that if a venture is set up properly it will have the best chance of surviving and thriving.
What are your fees?
Generally, we bill based on the hours required to do the work during the month at our hourly rates, which we make available to clients in our Engagement Letter – issued to all clients when they first hire us. In addition, we can also provide services on monthly recurring flat fee bases, which makes budgeting a lot easier and dependable for the client and for us as well.
Where are you located?
In the Scottsdale Airpark at 15333 N. Pima Road, Suite 235, Scottsdale, AZ 85260-2783. Our offices are located on the access road just east of the 101 between Raintree Drive and Frank Lloyd Wright Boulevard. The building is visible from the road with CAVAN in large white letters just above the third story window line. We are in suite 235 on the second floor.
Can you help us choose a retirement plan that is right for our company?
We are knowledgeable about the requirements of the US Tax Code and thus can offer information about what plan might be appropriate (i.e. 401(k) plans, SEP/IRA plans, etc.) based on your retirement and tax needs. In addition, we can help clients determine the amount they are eligible to contribute each year, based on their business tax return. However, we are not stock brokers, investment counselors or insurance agents. When presented with advice from such professionals, though, we can help you make an informed decision, by offering objective insights into the options they suggest to you.
Can you audit our books?
As a CPA firm, we are authorized to perform compilations, reviews and audits. Currently, we do not perform audits and reviews as they have not been required of our clients. Further, for those clients for whom we provide services as their outsourced CFO, we are not independent and thus are not able to perform audits and reviews of their financial statements. This is because we had a primary hand in preparing those statements and thus cannot be objective of our own work.
I prepare my own tax return, why use a CPA?
If you have a couple of W-2’s and take the standard deduction, preparing your own return may be an acceptable option. However, the best informed taxpayer is the one who recognizes and appreciates the complexities of the United States Tax Code.
The United States Congress regularly tinkers with the nation’s tax laws as do the individual states. Unless you are a tax professional who regularly receives updates and participates in continuing professional education, you will not be familiar enough with the changes to make knowledgeable decisions about your taxes.
Few taxpayers have participated in an audit or been at the receiving end of a coordinated IRS collections effort. With the benefit of an experienced tax professional, the impact of audits and other tax controversies may be considerably softened, simply because you have a knowledgeable professional on your side.
Do you prepare out of state returns?
Yes, we have clients who reside in different states. More importantly, we have clients who derive income in several different states, requiring us to seek credits for taxes paid to other jurisdictions. This is a cumbersome calculation for those not experienced in such matters. As a CPA firm experienced in preparing multiple state returns, we routinely prepare these returns as part of our regular services.
Does CFO Tech electronically file?
Yes, generally we find it advantageous to electronically file tax returns, because it removes some of the potential for data entry error on the part of overworked and underpaid employees of the Internal Revenue Service. As importantly, refunds may be expedited by up to four weeks in some cases, by simply filing a return electronically.
CFO Tech offers a large list of services – what if my business only needs to use one or two of your services? Will your company still work with me?
Our clients may order from a “menu” of services. Each chooses only those services that apply. Given the experience of our staff and clients broad areas of expertise, clients may choose from a wide array of services, opting to use only those services that apply to their businesses or personal financial needs.
Does engaging CFO Tech require a long-term commitment?
No it does not. We work on an as needed or on a 30-day basis. However, the value of engaging a CPA firm as opposed to a tax preparation service is that we will be available year-round to address ongoing issues. Once a client and a firm establish a relationship, it is much easier to keep up an ongoing dialogue in which both parties understand each other and can communicate most effectively.
Does CFO Tech provide financial reports and interpret the financial statements for the client?
Yes absolutely, TJ Juneja has a mantra which says that the numbers must tell a story. Like any CPA firm, CFO Tech compiles financials according to the established AICPA standards. However, our work does not stop there. We feel it is equally important for the manager/owners to understand what the financial statements are telling the company about operations in order to help them make the most informed decision possible in a timely manner.
Can CFO Tech work with our staff to do payroll?
Yes. Generally, payroll is a function that we would completely take over. But if you work with a payroll service, we can work with your staff to facilitate the process.
How long have you been in business?
We have been operating as a CPA firm in Arizona since 2003. TJ Juneja, the principal of the firm, has been an accountant for over twenty years and a CPA, since 1994.