NOW CFO is a name of its owner. This site is an independent comparison by Steven Palmieri (Palmieri Enterprises) and is not affiliated with, endorsed by, or sponsored by that company.
NOW CFO comparisonWhat the monthly work actually is
A company can put the close on a controller tier. A Tax CFO month puts the close and the return with one person. The lists are both real, and they are not the same list.
What their services page publishes
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Their services page describes a financial and accounting team from the staff block up to the CFO position. The CFO block names modeling and forecasting, a capital raise, an exit, mergers and acquisitions, governance, compensations modeling, and audit preparation. The controller block names the month-end close, cashflow forecasting, dashboards, budgeting, financial reporting, and accounting systems. The staff block names the reconciliation, the journal entries, the ledger, accounts payable, accounts receivable, and inventory management.
Preparing the tax return is not one of those names. That is an observation of the two pages we read. The observation does not describe a preparer already on your payroll, and it does not say they turned the work down.
What the Tax CFO month is
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On this practice the month begins when the bank statement and the books agree. The wage file goes out from the payroll company already named in the owner's books. We can stand that company up, and the wages do not pass through this practice. The return uses months that have already been matched to the statement, and October is the month we read while the year is still open. A dashboard can sit on top of that month. A login is not the step that ties the statement.
Steven Palmieri matches the statement and prepares the return from the months that already match. Once that payroll company is standing, the wages keep leaving from its account. A buyer who wants an attached assurance report gets the report from a firm that holds the license. The disclosures page of this comparison is where that limit is written.
An owner can hold both shapes in one year if the jobs stay named. A company can lead a capital raise, an exit, or a systems project from the CFO block. This practice can still match the bank and prepare the return. The mix-up is paying two invoices for one unnamed job, or paying one invoice and discovering in March that February was never matched to the bank.
Bring the proposal to the three questions. Circle the sentence that names who matches the bank. If that sentence points at a controller tier, ask for the person's name and the date of the close. If the sentence is missing, the proposal has not said who closes the month, and the return is a second question.
A month you can test against the statement has a start and an end. The match is done, the open items are written down, and the list can be read in one sitting. The return uses the month only after the statement match is done. A forecast can use those figures. A meeting cannot supply figures the bank match never produced.
Ask for the cadence before you compare a fee. Their page lets you set the timeline. Our month follows the bank file. A project that ends when the systems work ends, and a month that repeats when the statement arrives, are both real offers. Write the cadence next to the fee so the word month means one rhythm.