Your Complete Financial Picture
A modern accounting & advisory firm optimizing financials for small business owners & individuals by providing holistic tax & financial services using technology alongside a local relationship.
BusinessJust getting started or well established? Not a problem! We're a full-service accounting firm assisting with payroll, bookkeeping, and taxes
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PersonalWhether its planning for retirement or filing annual income taxes, we're here to make sure you keep and grow every dollar of your hard earned cash.
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BothNot many financial advisors claim to do it all. But we do. Continuity in finances is critical in order to optimize financial success and rest easy at night
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Tax PreparationThe greatest expenditure of most anyone’s life is not their home purchase or education, but income taxes. We don’t just prepare taxes, we attempt to identify strategies to reduce taxes too. All tax planning services come with a Mid-Year Tax Analysis and Year-End Tax Analysis to avoid any un-welcomed surprises during the upcoming tax season.
Individuals: Cornbelt Financial’s tax planning services are coupled with our tax preparation services providing our clients with the ability to discuss and plan for the tax implications of life events. Businesses: Cornbelt Financial’s tax planning service also provides small businesses and aspiring entrepreneurs with the information needed to adequately plan for their initial tax return and beyond ultimately allowing us to identify and implement tax reducing strategies. Succession PlanningBenjamin Franklin was famously quoted stating, “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.”
Many small business owners and individuals lack a clear succession plan for unforeseen or unplanned life events such as death, disability, and retirement. Much of these succession and contingency planning items are resolved with the use of different insurance products thus mitigating much of the risks both individuals and businesses face. Bookkeeping & AdvisingTracking your numbers is often cited as one of the most tedious and time consuming tasks of a small business owner. That, combined with the fact that financial reporting can be intimidating creates a recipe for disaster when it comes to filing taxes or seeking funding.
One of the biggest reasons for small business failure is poor financial management. At Cornbelt Financial, we aim to not only provide you with regular bookkeeping, but to help you interpret the numbers so you can predict cash flow, create a budget, run payroll and walk you step-by-step through the process of where you need to improve . |
Financial PlanningCornbelt Financial prides itself on uniting financial planning and tax preparation. Together, these two services create a powerful combination when it comes to optimizing financial success and tactically analyzing future scenarios. There are so many "what if's" out there than it can be hard to see the full picture. With a well rounded, all encompassing plan that explores the variables of life, we can better predict how and when you'll achieve your dreams.
Investment AdvisingCornbelt Financial ensures that our clients are not only remain tax compliant but that they are also tax efficient. As a result of implementing tax and portfolio strategies coupled with our pro-active financial planning, our clients will have proper allocations to their taxable, tax-deferred, and tax-free accounts, thus preserving their wealth, mitigating their taxes, and maintaining investments suitable for their risk appetite.
401k Plan Advisory
Does you current plan advisor only follow-up once/year? Do your employees know their plan advisor? We will pro-actively work with you to identify a service provider for all administration, compliance, and record keeping, in addition to an annual in-depth review, and we will also take the time to ensure that your employees also know their plan advisor. Business ValuationsThere are more than 200 million businesses in the world and 40 million business owners expecting to sell their business within the next 10 years. 78% of those business owners expect to fund their retirement through the sale of their business. Unfortunately, 90% of business owners are either under-insured or have no life insurance predominantly because the process to determine their coverage needs is often expensive, time consuming, and complex resulting in only 2% of business owners having a business valuation. Cornbelt Financial has leveraged technology to reduce the cost, time, and complexity of business valuations so that business owners are capable of addressing their business succession plan.
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