Bookkeeping & CFO Consulting FAQs

Why should I hire a professional bookkeeper instead of managing my own books?
While many business owners start by managing their own records, bookkeeping can quickly become overwhelming. A professional ensures accuracy, compliance, and efficiency, freeing you to focus on running your organization. Errors in bookkeeping can lead to costly tax mistakes or poor business decisions — professional services eliminate those risks.
Do you only serve clients in Paris, NY?
No. While we are based in Paris, NY, we work with clients across New York State and beyond. Many of our bookkeeping, consulting, and QuickBooks services are provided remotely, making them accessible to clients anywhere.
How often should my books be updated?
We recommend monthly bookkeeping for most organizations. This ensures records are accurate, tax-ready, and useful for decision-making. Waiting until year-end often creates unnecessary stress and increases the risk of errors.
What industries do you specialize in?
We serve a variety of industries, including professional services, small businesses, startups, and nonprofits. Our nonprofit expertise is a particular strength, with over 25 years dedicated to nonprofit bookkeeping.

Why is nonprofit bookkeeping different from business bookkeeping?
Nonprofits must track restricted and unrestricted funds, file IRS Form 990, and provide transparent reports to boards and donors. Unlike for-profit companies, nonprofits are accountable to stakeholders who expect financial clarity, making specialized bookkeeping essential.
Can you help with IRS Form 990 preparation?
Yes. We prepare and file IRS Form 990 with accuracy, ensuring compliance and highlighting your organization’s responsible financial management.
How do you track grants and donations?
We create systems that monitor donor contributions, grant funds, and program-specific spending. Our reports allow nonprofits to demonstrate transparency to boards, donors, and grantors, strengthening trust and fundraising outcomes.
Do you work with small nonprofits that have limited resources?
Yes. We understand that many nonprofits have tight budgets. Our services are scaled to meet the needs of organizations of all sizes while ensuring compliance and accountability.

What QuickBooks services do you provide?
We offer QuickBooks setup, file migration, consulting, and ongoing support. We also provide one-on-one and team training sessions so your staff can use QuickBooks effectively.
Can you fix issues with an existing QuickBooks account?
Absolutely. We troubleshoot problems, correct errors, and streamline your QuickBooks files so you can use the software efficiently.
Do you recommend QuickBooks Online or QuickBooks Desktop?
Both versions are effective, but the best choice depends on your organization’s needs. We help clients decide based on budget, staff size, and reporting requirements.

Do you provide payroll services?
Yes. We offer payroll processing and QuickBooks Payroll setup. We ensure your employees and contractors are paid accurately and on time, while keeping you compliant with tax requirements.
Can you file 1099s for my contractors?
Yes. We prepare and file 1099s for contractors, reducing errors and ensuring compliance with IRS regulations.
Do you offer tax preparation?
While our focus is on bookkeeping, financial reporting, and CFO consulting, we provide the necessary data to your CPA or tax preparer. We also help reduce tax liability through accurate reporting and strategic planning.

What is CFO consulting?
CFO consulting provides executive-level financial guidance without the cost of hiring a full-time Chief Financial Officer. We analyze trends, forecast growth, develop budgets, and provide strategies for long-term success.
Who benefits from CFO consulting?
Small and mid-sized businesses, startups, and nonprofits benefit the most. These organizations often lack internal CFOs but still need strategic financial guidance to grow sustainably.
Can CFO consulting help nonprofits too?
Yes. CFO consulting helps nonprofits forecast program budgets, manage grant cycles, and align finances with mission-driven goals.

How much experience do you have?
Founder Louis DeAngelis has more than 50 years of experience in bookkeeping, accounting, and finance, and over 25 years specializing in nonprofit bookkeeping.
Do you offer free consultations?
Yes. We believe in starting every client relationship with a clear understanding of your needs. That’s why we provide free consultations to discuss your goals and challenges.
What makes your firm different from others?
Our unmatched depth of experience, nonprofit specialization, 24/7 accessibility, and commitment to clarity set us apart. We don’t just manage numbers — we help clients use them strategically to grow and succeed.

Frequently Asked Questions