Asset Itemization

Your KARE Accounting x CFO accountant can offer many services to your Richmond, VA, small business, including asset itemization. It’s common for businesses of all sizes to consider their financial status only in terms of money in the bank. However, many firms have money in assets such as facilities, equipment, vehicles, and more. An experienced financial expert can help you ensure your assets add value to your business while unlocking the capital held in assets you don’t need to hold onto.

Your KARE Accounting x CFO team member can:




  • Work through an inventory of all your assets
  • Discuss what you need to keep and what can be sold or even leased out for passive income
  • Consider the upkeep of assets and whether there are more cost-effective solutions
  • Ensure assets are properly maintained, e.g., checking vehicles to ensure they are compliant and up-to-date with requisite service schedules, etc.
  • Check that you’ve included the value of all intangible assets, such as patents and trademarks

Seeing exactly what your business owns and has access to helps you plan and make actionable goals. You can also potentially increase cash flow by offloading unnecessary assets. KARE Accounting x CFO will carefully advise you on actions that will help create a solid foundation for growth.





Tax season in Richmond, VA, is particularly stressful for the small business owner — unless you have the right accountant. Kare CFO works with a network of CPAs and tax accountants to help with the following:

Consult with you throughout the tax season to ensure you’re happy with the process and to gain any documentation required
Prepare and file taxes or check any documentation you’ve already prepared for any discrepancies or inaccuracies
Manage any extensions you may require
Help you deal with any IRS inquiries in the most appropriate way

Businesses can end up with fines and penalties simply because they don’t understand taxation's processes, forms, and other details. You’re an expert at your business. Leverage our expertise to ensure tax season goes smoothly, year after year.










Tax Form Documentation & Organization

Financial tracking is one of the most business-critical services a small business accountant can provide. Also known simply as expense tracking, this process involves carefully monitoring all funds entering or leaving your business. A KARE Accounting x CFO accountant may start by thoroughly exploring your current ledgers. Understanding the current status of your Richmond, VA, business can help our team make suggestions and fix any discrepancies before they become problematic.

Financial Tracking Services



Tracking your finances accurately helps you understand cash flow throughout your organization. You must ensure that expenses aren’t higher than your income, but how can you do that without detailed records? KARE Accounting x CFO helps you gain that control, itemizing ledgers and drilling down into the details that matter. You may find you had outgoings or overheads that you can reduce significantly, increasing budgets for marketing, sales, and R&D.

When your KARE Accounting x CFO expert discovers excessive outgoings, you can have realistic and sensible discussions about the next steps. It may be that your business has to figuratively tighten its belt for a few weeks to get a debt paid off or pay a supplier. However, this may lead to increased growth in the near future. KARE Accounting x CFO understands what helps businesses expand and reach new markets, and you can trust that their advice is always in your best interest.

An expert accountant or fractional CFO is the smart alternative to a full-time hire of an accounting executive. Save the hassle of finding the funds for an executive-level salary and full benefits package — instead, work with experts who can help you channel your budget into profitable avenues.

Contact KARE Accounting x CFO today and discover how a highly qualified, experienced small business accountant or fractional CFO can help take your Richmond, VA, business to the next level.