QualiTax can work as your “back office” and take care of your number crunching tasks, so you can continue to manage your business.

We offer small business accounting services in the following:

  • Accounts Receivable
  • Accounts Payable
  • Payment Processing
  • Online Banking
  • Cash Management
  • Other Account and Bank Reconciliations

We use web-based software, allowing you to access your information anywhere on the road, making our outsourced accounting services the ideal situation for small to medium-sized businesses.

Advantages of our service include the knowledge and expertise of an entire accounting department, a customized system that is tailored specifically to your needs, no office equipment or software to maintain, and no human resource obligations. We take care of all your accounting and tax preparation needs.

Our clients include:

  • Attorneys
  • Automotive Service & Sales
  • Contractors (Electrical, HVAC, Plumbing)
  • Defense Contractors
  • Event Planners
  • Home Healthcare Agencies
  • IT Consultants
  • Motivational Speakers
  • Real Estate Agents/Owners/Lessors

Save time and money and have peace of mind knowing all your accounting and bookkeeping needs are being taken care of.

Whether you are located in the Annapolis area or out of state and want to outsource all your accounting, accounts payables or accounts receivables, we can help. Outsourcing your accounting and bookkeeping requirements allows you and your staff to focus on your core competencies so that you can achieve the goals that have been set for your company. Some of the benefits of outsourcing are listed below.

Benefits of Outsourced Accounting & Bookkeeping

Eliminating or minimizing the number of bookkeeping employees thus reducing payroll expenses and benefit expenses required for these employees
Eliminating training requirements for a staff of bookkeepers to manage accounts payables and accounts receivables
Eliminating the risk of fraud or embezzlement
Eliminating the investment in hardware, such as computers, file servers and accounting software that may or may not work for you.
Eliminating the risk of data loss and corruption due to computer crashes or viruses
Data is secure using the latest technology for data encryption, firewalls, redundant back-ups and around the clock monitoring
24/7 access to all your data, regardless of whether you are in your office, at home or travelling

We leverage the latest technology using secure web-enabled programs and applications that improve efficiencies, thus allowing you more time to focus on growing and managing your business.

Services Available

Our Remote CFO Service bundles all payroll and accounting administrative services into an affordable package and includes the following services:

  • Outsourced accounts payables
  • Outsourced accounts receivables
  • Payroll processing
  • Bank reconciliations
  • General ledger maintenance
  • Financial statement reporting
  • Sales tax reporting
  • Payroll tax reporting
  • Income tax preparation

We are excited about saving you time and money and providing you peace of mind. Let us help you determine if our Remote CFO Service is right for you. Contact us at info@qualitax.net or call us at (410)224-2600.

Design of DCAA Compliant Accounting Systems

If your contract is funded in part or whole by the federal government, your accounting systems must comply with the requirements of the Federal Acquisition Regulations (FAR). In some instances, you may need to comply with the Cost Accounting Standards (CAS). We will assist in reviewing, designing and implementing accounting systems to comply with both the FAR and CAS, including accumulation and allocation of direct and indirect costs.

Preparation and Interpretation of Financial Reports

Once a sound accounting system has been installed and is working smoothly, we can assist you in making the best use of it. We can then prepare and interpret financial statements and give management advice.

Management Advice

We advise and counsel on a variety of subjects as the need arises. Being well-acquainted with each client, we can provide advice and counseling on business problems with little time required for briefing or research.

Call To Find Out More