OUR SERVICES
Empire Capital Ventures (ECV) supports clients in more than 13 states through strategic tax planning and detailed record-keeping and accounting services to maximize profitability while building their wealth. View our services list below:
Accounting Services
Wealth & Tax Services
Bookkeeping Cleanup
Clean books are the lifeline of a thriving business. If your books have been neglected or not touched at all, a bookkeeping cleanup will give you the confidence to know your numbers to give your business a new leash on life.
Services include:
- Reviewing all bank accounts in the accounting system
- Simplifying the Chart of Accounts to highlight critical drivers of financial results
- Correcting and resolving balance sheet balance errors
Bookkeeping Catchup
If you started the year keeping track of your income and expenses, but now you realize you just don’t have the time. Before you begin monthly bookkeeping services, a bookkeeping catchup may be needed.
Services include:
- Reviewing all bank accounts in the accounting system
- Simplifying the Chart of Accounts to highlight critical drivers of financial results
- Correcting and resolving balance sheet balance errors
Monthly Bookkeeping Services
We are happy to provide you with monthly bookkeeping services.
Our standard service includes:
- Maintaining reconciled, adjusted accrual basis accounting records to support strategic planning and cash flow management
- Making sure that all income and expenditures are properly classified, authorized, and documented to the extent that is useful
- Coordinating with your payroll technology and your in-house payroll contact to record payroll
We also provide additional tiered services to complement your accounting team, including:
- Controller Services (historical financial reports and internal controls)
- Chief Financial Officer (CFO) Services (strategic planning and financial insights)
Fractional Accounting (Outsourced Accounting Department)
The average cost of a full-time Chief Financial Officer (CFO) is $140,000. While most small businesses believe that they need a full-time CFO, what their business actually needs is an accounting department. ECV can provide outsourced accounting roles to serve as your accounting department.
The white-labeled services include:
- CFO
- Controller
- Senior Accountant
- Bookkeeper(s)
Tax Planning
For clients with less than $25,000 in taxable liability, Empire Capital Ventures provides tax planning services through our experienced tax team. Reducing your tax liability is the single, greatest way to start creating your own form of reparations. 94% of business owners overpay in taxes each year. This can be eliminated with a more proactive approach to tax planning versus the reactive measure of tax preparation.
Wealth & Tax Strategy
For clients with greater taxable liability, Empire Capital Ventures provides advanced wealth and tax strategy design to identify new asset opportunities to build your wealth legacy. It should be viewed as an investment, rather than a cost. Implemented properly, the investment will be far less than what you would ultimately pay in taxes to the IRS. For example, let’s say that you owe $120,000 to the IRS, had you engaged in our services, your tax bill, including our fee, could have saved you AT LEAST $40,000, depending on your lifestyle and how much discretionary income you have to move to other tax saving vehicles. Adding us to your money team will allow us to ensure that you have exhausted all measures in reducing any tax liabilities and designed a strategy for wealth building.
Wealth Management and Implementation
The next phase is managing and implementing your wealth strategy, which connects the accounting team with the wealth management team to ensure the business owner’s assets are strategically placed to secure their legacy. In a traditional firm, clients would need at least $10 million in assets under management to receive a more comprehensive wealth management solution. At Empire Capital Ventures, we believe that all business owners should have access to that level of service, regardless of their accumulated assets–as long as they see the value in the investment and can commit to making it. Our money team makes the process seamless, so your accounting, tax planning and wealth management needs are handled for you with ease and efficiency.
At the present time, we are not onboarding new clients for wealth management and implementation services. To express interest in engaging our firm to represent your family’s legacy, complete the form below.
Tax Preparation
Empire Capital Ventures provides tax preparation services for current accounting and wealth & tax clients. We are experienced working with businesses of all sizes.
Additional services include:
- Tax Resolution
- Tax Research and Consulting
YOU NEED A MONEY TEAM THAT WORKS FOR YOU!
Click the button below to fill out our interest form!
ADVANCED TAX PLANNING
Wait List Until 10/01/2021
Empire Capital Ventures provides a full-range of comprehensive tax services through our experienced tax team. Reducing your tax liability is the single, greatest way to start creating your own form of reparations. 94% of business owners overpay in taxes each year. This can be eliminated with a more proactive approach to tax planning versus the reactive measure of tax preparation. Advanced tax planning should be viewed as an investment, rather than a cost. Implemented properly, the investment will be far less than what you would ultimately pay in taxes to the IRS. For example, let’s say that you owe $120,000 to the IRS, had you engaged in our services, your tax bill, including our fee, could have saved you AT LEAST $40,000, depending on your lifestyle and how much discretionary income you have to move to other tax saving vehicles. Adding us to your money team will allow us to ensure that you have exhausted all measures in reducing any tax liabilities. Our money team makes the process seamless, so your accounting, tax planning and wealth management needs are handled for you with ease and efficiency.
OUTSOURCED ACCOUNTING DEPARTMENT
Wait List Until 10/01/2021
The average cost of a full-time Chief Financial Officer (CFO) is $140,000. While most small businesses believe that they need a full-time CFO, what their business actually needs is an accounting department, serving the roles of:
Chief Financial Officer
Controller
Senior Accountant(s)
Bookkeeper(s)
Those financials are then analyzed and provided to the management team to help execute the overall vision of the organization. Many small business owners have no idea of the major Key Performance Indicators (KPIs) or other financial metrics that are needed to help the organization grow and flourish. Our outsourced accounting department can handle the accounting and financial needs of both for-profit and not-for-profit organizations with up to $20 million in annual revenue.
WEALTH MANAGEMENT
Wait List Until 01/01/2022
All money team’s should include a solution where the accounting team works together with the wealth management team to ensure that the business owner’s assets are strategically placed to secure their legacy. In a traditional firm, clients would need at least $10 million in assets under management to receive a more comprehensive wealth management solution. At Empire Capital Ventures, we believe that all business owners should have access to that level of advice and planning, regardless of their accumulated assets–as long as they see the value in the investment and can commit to making it. At the present time, we are not onboarding clients into wealth management services. To express interest in engaging our firm to represent your family’s legacy, complete the form below.