Services

What we do…

RAF Consulting Inc. specializes in providing our clients a complete range of options to manage all aspects of their business or personal finances. 

Our unique approach enables you to select services in an á la carte manner to suit your needs both now, and in the future.

Business Management, Accounting & CFO Advisory Services

RAF Consulting offers a wide variety of CFO services and has a strong practice of industry specific CFO’s to advise and guide our business clients through these ever changing times; having a CFO to walk shoulder to shoulder with the business owner through the murky waters of Covid Regulations, Tax changes, etc.

  • Monthly closing of books and oversight of bookkeeping 
  • Financial Statement Analysis
  • Set up “memorized” QuickBooks journal entries to record depreciation
  • Create and maintain a fixed asset schedule to account for the cost and depreciation of boats, equipment, and furniture
  • Loan & Equity monthly maintenance accounting
  • Cash Flow Reporting & Management
  • Infrastructure systems analysis
  • Cost Accounting: Estimated vs. Actual & compile 3rd party compliance reporting

Tax

Our tax CPA’s work in lock step with our CFO practice to ensure fully informed, accurate & timely tax planning.

  • Preparation of basic Business 1120, 1120S, 1065 & Schedule C’s for all businesses           
  • Preparation of basic Personal 1040 & all state returns                                        
  • Payroll Tax compliance reporting & payment                                                                     
  • State Annual & Franchise State reports                         
  • Preparation of annual 1099’s                          
  • Payment of Sales and Use Tax & reporting                               
  • W-9 Compilation                                                      
  • Intensive Tax Planning Services                                                              
  • Entity Classification Services including analysis of each entity and business structure                                                    
  • IRS/State Problem Resolutions Services                                                                     (Request Abatements and/or assist with lien removals, OIC) 
  • Tax Compliance Consulting  
  • Analysis for ERTC eligibility & submission of payroll report amendments 

Bookkeeping

Utilizing RAF’s proven standardized processes, we have the solution to provide accurate, timely, cost effective & efficient Bookkeeping services. 

  • Accounts Payable Maintenance & Disbursements
  • Accounts Receivable maintenance for cash & customer receipts
  • Loan/Note Bookkeeping
  • Asset Management
  • Monthly Bank Reconciliation
  • Payroll & Recording Payroll
  • Credit Card Maintenance & Reconciliation 
  • Trial Balance Review
  • Cash Flow Preparation
  • Financial Statement presentation
  • Cash Balance Maintenance as needed
  • After the Fact Bookkeeping
  • Tax Compilation of Data & CPA Tax Assistance

Payroll

Payroll services are offered through both RAF Consulting’s QuickBooks platform or through our clients software as requested. 

  • Preparation & Recording  of Payroll
  • Direct Deposit 
  • Payroll tax filings, both annual & quarterly
  • Preparation and submittal of payroll taxes
  • Unemployment & Workers Compensation audits

Business Development

In our business development practice we have dedicated and experienced sales personnel to help with all stages of the small business sales cycle. Whether you are in the initial stages of creating a sales plan and sales team, or already have a sales team that needs coaching, guidance, and assistance we have an approach that will quickly impact your sales culture. 

  • Assessment of Sales Team, Sales Plan, goals, sales resources etc.. 
  • Consultant oversight of Sales Team 
  • Coaching with executive leadership, sales team, etc. 
  • Assistance with creation of Sales Plan & Goals 
  • Assistance with hiring of new sales employees 
  • Sales execution on an as needed basis
PO Box 351 New Market, MD 21774