Consultants
A practical starting point
Which consulting engagements are actually profitable?
Two projects with the same fee can have very different margins once subcontractors, travel, unbilled time, and collection delays are considered. Business-wide revenue does not show whether a fixed-fee engagement is using more capacity than expected.
Connect project billing and direct costs to the accounting records. Review retainers, work in progress, and customer concentration so management can distinguish profitable growth from a busier calendar. Compensation and entity questions can then be considered against the firm's real results.
What to agree before work begins
Reporting that supports pricing, project selection, cash collection, and owner planning without adding unnecessary administrative complexity.
What makes it complex
- Higher tax brackets without a planning strategy
- Choosing between LLC and S-Corp election
- Retirement and deferral planning
- Managing irregular, project-based income
How we help
- Entity and compensation strategy
- Proactive, year-round tax planning
- Retirement plan setup for the self-employed
- Cash flow planning for uneven income
Recommended services
The services consultants rely on most.
Tax Planning
Business Advisory
Individual Tax Preparation
Let's discuss the work you need.
Tell us about your situation, the records you have, and any deadlines. We will discuss the right scope and next steps before an engagement begins.