Accounting Tips
- Check fraud is a reality, so make sure that you keep your company's checkbooks in a secure location. Create monetary limits for checks, set-up a special account for paychecks and keep all other checks made out to business and not individuals.
- Making sure to keep up-to-date records of all of your financial activities is important. This includes, paying bills, payroll, expenses, and profits. This information is required in order to properly file taxes and can cut accounting costs at tax time.
- Checking all your billing statements should be routine. Often times spotting extra, hidden or incorrect charges soon after they happen may help resolve issues that cost you extra money for nothing.
About Progressive Financial Services (PFS)
Progressive Financial Services (PFS) provides domestic financial and global trade services.
Domestic financial service
Our domestic financial services include Strategic Planning, Business Consulting and Management, Financial Planning, Tax Preparation Services, Bookkeeping Services, Economic Impact studies, and many other services for small and medium size companies in various industries. We provide timely, quality accounting services and treat each client with the individual attention they deserve.
We are a team of experienced accounting professionals, providing clear and relevant advice in a timely and professional manner. Our approach is to deliver an integrated solution by tapping into our years of experience and expertise in the best interest of our clients.
Global Trade Financial Service
Our Global Trade Financial Services division is involved in helping small businesses expand their operations overseas. Expanding globally is not only for large companies but also for small businesses too. We live in a global economy and because of technology and low transaction costs, some small businesses can grow faster overseas than locally. In fact, the belief today is that if you don't expand your business overseas, you may not succeed. Therefore, for most businesses, going overseas is not only a way to expand business potential and increase profitability, but it is also a way to survive.
Our goal is to bridge the trade and financing gap between developed and developing countries and small and large companies. We provide financial services that enhance the direct flow of capital and goods to developing countries by identifying sources of financing to help companies meet their cash flow and project financing needs, no matter the size of the project.
Our affiliation with Export-Import Bank of the United States (Ex-Im bank), several nationwide lending institutions in the U.S., and our team of international financial associates, enable us to provide you with country specific business environment.
Our global financial services
We specialize in providing financial services that support imports, exports, and formulating comprehensive business growth and financing plans. We also:
- Assess the market, that is, assessing the country you want to expand to.
- Select a method of entering the country.
- Analyze the need for your product in the country you want to expand to.
- Evaluate the macro-economic conditions of the country.
- Evaluate the micro-economic conditions of the country.
- Assess the political, legal, and cultural environment of the country.
- Assist with import and export financing.
- Export financing - advice on SBA export loan programs and Ex-Im Bank financing.
- Identify alternative Financing with the Small Business Administration (SBA).
- Identify and retain a supplier for your trade.
- Identify and retain credit insurance with COFACE and Ex-Im Bank.
- Analyze financial statements for credit worthy ratios for U.S. lenders.
- Prepare company profile with operating cash flow forecast.
- Prepare a debt capacity analysis for acceptable rate of return.
- Facilitate letters of credit writing and discounting.
- Offer advice on business expansion financing.
- Offer a variety of other financial services.
Our domestic financial services
Our firm offers a wide range of services to our personal and business clients. Because our company is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed some of the services we offer to our clients.
- Advisory Services
- Litigation Support and Forensic Accounting
- QuickBooks Accounting Help and Assistance
- Employee Benefits, Pension and Profit-Sharing Plans
- Mergers, Acquisitions, and Sales
- Reviews and Compilation
- IRS Representation
- Payroll Services
- Business Valuation
- Accounting for Marketing/Advertising Agency
- Estate and Trust Planning and Tax Preparation
- Bookkeeping/Write-up
- Financial Projections and Forecasts
- Accounting Services
- Financial and Retirement Planning
- Entity Selection and Restructuring
- Cash Flow Analysis and Budgeting Analysis
- Debt and Finance Advising
Accounting Services
Tax Management ServicesOur tax preparation experts have many years of experience preparing taxes for our clients in the area, you can feel confident that your taxes are in the best of hands.
Accounting Services
As your business expands we are here to ensure that our services help you know where you were, where you are and where you will be. Our accounting specialists will guide you through planning your business strategies to help you grow.
Events
- 13th Annual Tax Update
San Diego, CA - Tax Accounting Meeting
New York, NY - Finance Summit
New York, NY - Tax Aspects of Commerce
Washington, DC
(718) 467-5470
(718) 345-1363 


