TF DOWNING, CPA, offers CPA prepared financial statements for small and medium sized businesses via the Internet. “In today’s environment, as competition heightens and margins are squeezed, cost control is becoming increasingly important for growth and long-term sustainability. The outsourcing of non-core, yet critical activities, is emerging as a most dependable tool for success in any company and any industry” said Certified Public Accountant Tim Downing. You can visit their website at: http://www.tfdcpa.com

A basic Bookkeeper’s salary ranges from about $32,000 per year, up to about $52,000 per year before payroll taxes and benefits are added. TFDCPA® offers the same services for a small fraction of that cost and without requiring a binding contract. That is, this service is provided at the request of the client for only so long as the client desires.

The basic service includes monthly financial statements (Income Statement, Balance Sheet and Statement of Cash Flows) and the reconciliation of the client’s bank cash account. All of these are provided via Internet access to the client bank account information and requires no input or additional work of the client. Enhanced services include day to day accounting tasks of invoicing, collections, bill paying, account reconciliations; and the production of a check register, receivables and payables aging and a 20 week cash forecast. These advanced services are also very reasonably priced so that the cost to the client results in significant savings as opposed to doing them “in-house”.

“Through outsourcing, management can focus on more strategic issues and other important company initiatives, and has more flexibility to assign staff and allocate resources to higher-value projects” adds Downing.

In addition to these accounting functions, TFDCPA® also offers state of the art Payroll Processing powered by a world leader in payroll, Quarterly and Annual Tax Filings and Consulting.

Any sized company, small or large, knows the pressures of running a business and focusing on what really matters, sales. When it comes to payroll, companies can save precious time by outsourcing payroll services to experienced CPA’s like TF DOWNING, CPA, LLC. Outsourcing payroll services not only saves time, but it saves money as well.

Principal Partner, Tim Downing, says companies need to ask themselves, “How much is my time worth?” Then figure out how long it takes for them to do payroll. The majority of companies realize the value of outsourcing payroll services within the first pay period. “It’s like a large weight has just been lifted off their shoulders. Hours of time typically spent on calculating and writing out checks is now freed up so business owners can work on the business and not in the business,” says Downing.

TF DOWNING, CPA, LLC (TFDCPA®) http://www.tfdcpa.com offers state of the art payroll processing powered by a world leader in payroll and has the ability to offer many other services including: On-Line Accounting, Tax Return Preparation and Consulting throughout the year.

A particularly convenient factor of the services offered by TFDCPA® is the web-based system. This means that clients have 24/7 access to their information wherever they have internet access. TFDCPA® provides companies with time-saving payroll services such as direct deposit, check stuffing and signing, tax filing, HR help desk, new hire reporting and more. The firm offers different packages to accommodate any company’s level of needs.

Tim Downing said its important for companies to know that processing their payroll with through a CPA firm like their own does not cost any additional money. TFDCPA® offers the service at no extra cost to their clients.

ROSELAND, N.J. -

Automatic Data Processing Inc., a business outsource provider, said Tuesday it is increasing its dividend 14 percent.

Automatic Data Processing (nyse: ADP) will now pay a quarterly dividend of 33 cents per share, an increase from the 29 cents per share it previously paid.

The first dividend at the new rate will be paid Jan. 1 to shareholders of record on Dec. 12.