LIFMS performs services for:

•Service Businesses
•Partnerships
•Corporations
•Non-Profit Organizations
•"Start Up's" and Entrepreneurs
•Healthcare Service Providers

Services for corporations and nonprofits include:

•Comprehensive financial reporting packages to meet your needs
•Reconciliation of all bank and credit card accounts
•Accounts payable/ Accounts receivable
•Invoicing
•Budgeting, forecasting and cash projections
•Online Payroll administration
•Internal and external audit interface
•Sales tax returns
•Customized services to meet your needs

Benefits of Using A Financial Management Services Firm:

  • Staff and work product supervised by a NYS Licensed CPA
  • Strong internal controls in a "small business" environment
  • Lower overhead costs, due to fewer space and equipment requirements related to the start up and maintenance of an acounting department
  • Accounting tasks always completed regardless of employee absence or turnover 
  • Staff that are always up-to-date with changes with tax laws, generally accepted accounting principles and regulatory requirements 
  • Reporting compliance requirements of management, the board of directors, funders and regulators
  • Timely and accurate financial information for your external auditors 

You are free to:

  • Focus on growing your business and networking for new customers
  • Gain an objective perspective on your financial picture
  • Avoid headaches such as accounting staff recruitment, supervision and staff turnover
  • Access a CPA/CFO and a dedicated accounting team, at a cost you can afford as a small business.