Tandem CPA

Keep financial records current, understand business performance, and access tailored accounting and technology support with predictable monthly pricing.

Gain strategic financial guidance, clearer insight into performance, and support for growth without the cost of a full-time CFO.

Run payroll accurately and on time, support tax compliance, and keep payroll connected with accounting systems.

Plan taxes throughout the year, manage compliance, and identify opportunities to reduce tax liability and retain more income.

Maintain financial operations and reporting through transitions with temporary leadership, accounting guidance, and support for strategic initiatives.

Gain financial clarity, assess deal risks, and prepare for transactions with actionable diligence and earnings analysis.

Streamline lease operations, improve compliance, and gain visibility into portfolio performance, costs, and obligations.

Help founders form a business entity and establish a tax structure suited to their needs from day one.

Outsourced Accounting

Tandem CPA provides tailored outsourced accounting for small and mid-sized businesses, handling day-to-day bookkeeping and financial operations so clients can focus on running their businesses. Services include transaction categorization, account reconciliations, accounts payable and receivable oversight, monthly financial statements, job costing, payroll coordination, and accounting technology setup and support. Technology support can include software selection and implementation, system integration, workflow automation, and user training. Packages use flat-fee, subscription-based pricing and may include tax filings and advisory, strategic review sessions, and a dedicated point of contact. Bookkeeping cleanup and catch-up services are available before ongoing support begins.

Category: Accounting Services

• Maintain Accurate And Timely Financial Records
  Clients can rely on current, organized books while Tandem CPA handles routine accounting tasks, leaving them more time to focus on running their businesses.
• Track Costs By Project
  See the costs incurred on each job, including labor, materials, equipment, overhead, and subcontractors, to better monitor and control project spending.
• See Job-Level Profitability
  Gain visibility into profitability by job or project, with financial information that helps reveal which work is performing well and where money is being lost.
• Understand Performance Through Clear Monthly Reports
  Timely, understandable financial reports give clients visibility into business performance and information to support informed decisions.
• Choose And Implement Suitable Accounting Software
  Businesses receive support selecting accounting software that fits their needs and implementing it within existing processes and platforms.
• Connect Accounting, Payroll, And Business Tools
  Connected systems help businesses coordinate financial workflows across accounting, payroll, and other business tools.
• Keep Account Records Accurate And Reconciled
  Regular reconciliation helps maintain reliable financial records and supports the accuracy of the financial information used to run the business.
• Price Projects More Effectively
  Use job-level cost and profitability information to make more informed project pricing decisions rather than relying on guesswork.
• Manage Cost Pools And Rates
  Organize direct, indirect, G&A, and fringe costs into cost pools and receive support calculating and monitoring indirect rates.
• Automate Manual Financial Tasks
  Automating manual work streamlines financial operations and helps businesses spend less time on administrative tasks.
• Gain Real-Time Visibility Into Finances
  Businesses can see their financial information in real time, supporting a clearer view of their finances.
• Plan Accounting Costs With Predictable Fees
  A recurring flat fee gives clients a clearer view of accounting costs, while service packages can be tailored to business needs.
• Address Industry-Specific Accounting Requirements
  Specialized accounting support reflects the financial reporting and compliance needs of particular organizations, including nonprofits and government contractors.
• Oversee Payables And Receivables
  Clients can receive support overseeing money owed and incoming payments as part of their ongoing accounting package.
• Bring Outdated Books Up To Date
  Clients can address incomplete or disorganized financial records and establish a more accurate starting point for ongoing accounting support.
• Support Contract-Ready Costing
  Government contractors can receive job costing and project accounting support alongside advice on DCAA-compliant accounting systems and timekeeping system integration.
• Reduce Errors In Financial Workflows
  Technology integrations and automation help reduce errors associated with manual financial tasks.
• Coordinate Payroll With Accounting Systems
  Coordinating payroll platforms with accounting systems helps keep payroll information connected to the client's financial records.
• Adjust Support As Business Needs Change
  Clients can tailor the scope of accounting support to their needs as their business develops, rather than relying on a fixed in-house team.
• Manage Project Cash Flow
  Use project cost information to support cash flow management for construction work.
• Train And Support Accounting Software Users
  Training and support help users and staff work with newly implemented accounting software and systems.

Fractional CFO Services

Tandem CPA provides part-time CFO expertise for businesses and organizations that need executive-level financial guidance without hiring a full-time CFO. Services include strategic planning, financial analysis and reporting, budgeting, forecasting, and cash flow management. The team also supports process and internal control improvement, complex accounting issues, accounting software selection and implementation, and investor and stakeholder communications. Services can be tailored to growth, funding, transition, or organizational needs.

Category: Fractional CFO Services

• Access Executive Financial Guidance
  Work with experienced finance professionals for strategic insight and financial leadership without hiring a full-time CFO.
• Plan Budgets And Manage Cash Flow
  Use budgets, forecasts, and cash flow planning to plan for expenses, growth, and liquidity needs.
• Model Scenarios And Plan For Growth
  Evaluate the potential financial impact of different assumptions and scenarios to support planning and business decisions.
• Track Goals And Business Performance
  Establish and monitor relevant financial goals and KPIs to understand performance and inform decisions.
• Strengthen Financial Processes And Controls
  Improve finance processes and internal controls to support reliable financial information and transactions.
• Address Complex Accounting Matters
  Receive assistance assessing complex accounting matters and their potential effects on financial statements, controls, tax, and business processes.
• Prepare Financial Updates For Stakeholders
  Provide stakeholders with financial results and outlook to support communication and decision-making.
• Guide Nonprofit Financial Planning
  Support nonprofit operations and organizational health with budgeting, cash flow and reserve planning, board-focused reporting, grant reporting, and scenario modeling.
• Assess Pricing And Profitability
  Review pricing and profitability to help professional services firms understand financial performance and inform business decisions.
• Implement And Improve Accounting Systems
  Select and implement accounting systems that fit business needs, integrate them with existing platforms, and support staff in using them.
• Negotiate Favorable Financial Terms
  Receive support in negotiating terms and conditions with investors, lenders, customers, and suppliers.

Payroll management

Tandem CPA helps businesses set up and run reliable payroll systems for W-2 employees and 1099 contractors. The service supports accurate, timely payroll processing, correct payroll tax filings, and compliance with federal and state regulations. Tandem CPA coordinates payroll platforms to automate payroll and keep payroll data synchronized with the accounting system.

• Process Payroll Accurately And On Time
  Reliable payroll processing helps businesses pay their teams accurately and on time.
• File Payroll Taxes Correctly
  Support for correct payroll tax filings and federal and state regulatory compliance helps businesses manage payroll requirements.
• Meet Payroll Deadlines
  Payroll coordination helps businesses keep required payroll deadlines on track.
• Connect And Automate Payroll Systems
  Coordination with payroll platforms automates payroll and keeps information synchronized with the accounting system. Supported platform examples include Gusto, Paychex, and ADP.

Tax Planning and Preparation

Tandem CPA provides individual and business tax preparation, filing, and year-round planning. Services include federal, state, and local tax compliance; quarterly tax estimates and projections; tax strategy for income, deductions, investments, and retirement accounts; and identification and documentation of eligible credits and incentives. The team also supports sales tax compliance, 1099 and payroll tax oversight, IRS correspondence, and audit support.

• Prepare And File Business Returns
  Receive business return preparation and filing support, including quarterly estimated tax calculations and filings for a range of business entity types.
• Plan Taxes Throughout The Year
  Use customized, ongoing tax guidance to make informed decisions, consider the tax impact of major life events, and plan the timing of income and deductions.
• Maintain Tax Compliance
  Get support addressing federal, state, local, and multi-state tax requirements, along with sales tax compliance, payroll tax oversight, and 1099 filing.
• Project And Monitor Tax Obligations
  Track estimated tax obligations throughout the year with quarterly projections and adjustments to tax strategies as circumstances or tax laws change.
• Prepare And File Individual Returns
  Get support reviewing personal finances and preparing and filing federal and state income tax returns, with assistance planning for future tax years.
• Identify And Claim Eligible Credits
  Get assistance identifying potential credits and incentives, evaluating eligibility, and documenting claims to support proper use and compliance.
• Review Transactions For Compliance
  Identify tax compliance considerations and potential planning opportunities through review of financial statements and transactions.
• Structure Investments For Tax Efficiency
  Get guidance on structuring investments and retirement accounts with tax efficiency in mind.
• Get Support With IRS And Audits
  Receive assistance with IRS correspondence and audit-related preparation and support.

Interim Controller Services

Tandem CPA provides temporary financial leadership when a business is growing, between hires, or navigating a transition. Experienced finance professionals oversee financial operations, manage reporting requirements, and provide strategic guidance during change or organizational restructuring. Services include filling accounting leadership gaps, advising on complex accounting matters, improving accounting processes and internal controls, supporting budgeting and other initiatives, and coaching existing accounting staff.

• Maintain Accounting Leadership
  Bridge leadership gaps during transitions so financial operations can continue while the business navigates change or between hires.
• Oversee Financial Operations
  Receive oversight of financial operations and reporting requirements during periods of growth, transition, or a staffing gap.
• Strengthen Accounting Processes
  Improve the quality and efficiency of accounting processes and systems while implementing best practices and internal controls to mitigate risks and support compliance.
• Address Complex Accounting Issues
  Get experienced guidance on complex accounting matters, including revenue recognition, lease accounting, impairment analysis, and tax compliance.
• Manage Cash Flow
  Receive support with cash flow management as part of strategic initiatives during periods of change or growth.
• Support Budget Development
  Get support for budgeting as part of the development and execution of strategic initiatives.
• Support Financial Forecasting
  Get support for forecasting as part of the development and execution of strategic initiatives.
• Support Business Expansion
  Get support for business expansion initiatives as part of interim financial leadership.
• Develop Accounting Staff Skills
  Help existing accounting staff build their skills and improve their performance through mentoring and coaching.

Transaction Advisory Services

Tandem CPA provides transaction advisory services to business owners, buyers, investors, and intermediaries navigating acquisitions, sales, and investments. Services include financial due diligence and tailored Quality of Earnings (QofE) reports for small to mid-market businesses. The team analyzes historical financial performance, earnings quality, revenue sustainability, customer concentration, expenses, financial trends, and operational drivers to identify risks and protect deal value. Seller-side and buyer-side QofE engagements address EBITDA normalization, revenue recognition, working capital, and debt-like items. Pre-sale support includes financial cleanup recommendations and assistance preparing clear, defensible financial narratives for prospective buyers.

• Assess Financial Performance And Identify Deal Risks
  Review historical results, earnings quality, revenue sustainability, customer concentration, expenses, trends, and operational drivers to understand a business's financial position and identify risks relevant to a transaction.
• Clarify Earnings And Support Deal Review
  Use a tailored buyer-side or seller-side report to examine normalized EBITDA, revenue recognition, working capital, and debt-like items, with reporting prepared for investor, lender, and buyer scrutiny.
• Prepare Financials And Strengthen Sale Readiness
  Identify financial cleanup needs before a sale and help sellers prepare clear, defensible financial narratives for prospective buyers, with support intended to maximize valuation and minimize deal friction.
• Model Financial Scenarios And Deal Impacts
  Use financial modeling to examine the impact of different scenarios and assumptions on revenue, expenses, cash flow, and valuation when evaluating a transaction.
• Support Integration After A Transaction
  Receive financial support for integration after a transaction, including mergers and acquisitions, as part of guidance through the stages of a deal.

Lease administration services

Tandem CPA provides outsourced lease administration for lease portfolios. Services include collecting, reviewing, and abstracting lease documents and amendments; maintaining lease records in a centralized database or software platform; performing lease accounting calculations under standards such as ASC 842, IFRS 16, and GASB 87; and preparing or reconciling schedules, journals, and disclosures. The team also tracks payments, invoices, rent increases, deposits, expenses, lease obligations, renewals, and portfolio performance. Support includes lease audits and validations, lease modifications and subleases, and lease-versus-buy analysis, optimization, and scenario modeling. Tandem CPA says its team has practiced lease administration for over ten years.

• Prepare Lease Financial Records
  Support financial reporting with lease accounting calculations and adjustments, reconciled schedules and journals, and lease disclosures.
• Track Payments And Lease Expenses
  Monitor payment schedules, invoices, rent increases, deposits, and other lease-related expenses.
• Monitor Lease Terms And Obligations
  Track lease terms and obligations, including maintenance, insurance, taxes, renewals, tenant obligations, and escalations.
• Centralize Lease Documents And Records
  Keep lease documents, amendments, and data maintained in a centralized database or software platform.
• Identify Errors And Savings Opportunities
  Review and validate lease information to identify errors, discrepancies, and opportunities for savings.
• Analyze Lease Portfolio Performance
  Use portfolio reporting on occupancy, utilization, expirations, and performance metrics to gain visibility into portfolio performance.
• Support Rent Collection And Recovery
  Support accurate rent collection and expense recovery as part of real estate lease administration.
• Manage Lease Changes And Subleases
  Support the negotiation and execution of lease modifications, extensions, terminations, and subleases.
• Evaluate Lease Options And Scenarios
  Support lease planning with lease-versus-buy analysis, lease optimization, and scenario modeling.

Business entity formation support

Tandem CPA supports startups with business entity consulting and formation support. Its entity setup service helps founders form their business with a tax structure suited to their needs from day one, alongside related compliance support.

• Set Up The Business Entity
  Get support establishing a business entity and addressing related compliance as part of startup formation.
• Choose A Tax Structure From Day One
  Receive guidance on selecting a tax structure during formation, helping establish the business with its tax structure in mind from the start.