Back to top


Essential Financial Management, LLC provides a wide range of services to individuals and businesses in a variety of industries. We strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:

Tax Preparation and Tax Management

At Essential Financial Management, LLC, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax bill, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. You can count on our leadership and skill in preparing your business and individual tax returns to ensure that you are paying only what you owe and not a penny more.

IRS Representation

Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have received notices from the taxing authorities or have been chosen for an audit, our knowledgeable and experienced staff can help put many of your worries at bay. We are ready and willing to work on your behalf to answer any questions the IRS may be asking of you.

Entity Selection and Restructuring

Your choice of business entity can have a large impact on your taxes and other liabilities. From your company's inception through its growth and development, we can advise you on choosing an entity type that is most appropriate and advantageous to your situation.

Accounting Services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Our accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, pricing, goal setting and benchmarking.

These services include but are not limited to:

  • General ledger and financial statement preparation
  • Bookkeeping (Monthly, quarterly, or annual)
  • Accounting system setup and support
  • Payroll processing
  • Cash flow budgeting and forecasting
  • Personal financial statements
  • Budgeting
  • Corporate tax planning and return preparation

Reviews and Compilations


A reviewed financial report provides financial statement users with limited assurance as to the plausibility of the information being reported. It is less in scope than an audit, and it involves making inquiries of management and performing analytical procedures regarding the company's financial statements. This service is often requested by a company's bank or other lender or managing board. A review engagement must be performed by a licensed Certified Public Accountant.


A compilation is a CPA prepared financial statement that is usually requested for internal purposes, but may be requested by third party financial statement users like a company's bank. They are based upon information provided by a company's management and they do not offer any level of assurance on the financial statements. They are the most basic level of service CPA's can provide on CPA issued financial statement.


Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Essential Financial Management, LLC can help you with the day-to-day tasks of bookkeeping so that you can focus on your core business. We employ highly skilled, full charge bookkeepers that can transform your financial data into useful financial statements for use in managing your business. We will take your bank statements, credit card statements, records of deposits and disbursements and will enter them into accounting software and generate Balance Sheets and Income Statements for use in preparing tax returns and performance management. We strive to provide this service at a cost comparable to bookkeeping firms, but with the professionalism, accuracy, and reliability you expect from a Certified Public Accountant.

QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product, set it up correctly, and use it properly. We are Certified QuickBooks Pro Advisors and we don't just help you use the software, we help you use it more efficiently and more effectively.

Essential Financial Management, LLC offers the following solutions to help meet your QuickBooks needs:

Personal Training

We train you personally! Either one-on-one or several individuals within your organization at your company's location.

Product Selection and Installation

We can help you find the right product solution for your business and help you install QuickBooks on your stand alone computer or in a network environment, in either single or multi-user mode. We also can set you up with an online version of QuickBooks that allows you and us to access the same data files, so that work and/or access can be shared between us.


We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.


Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we also provide accounting and payroll assistance.


Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

Payroll Services

We can help you reduce the time spent on administration of payroll processing. We have the expertise to advise you on all payroll and payroll tax matters and can recommend an appropriate solution for your unique needs.

Cash Flow and Budgeting Analysis

Good cash management is vital to the success of any organization. It can improve a company's liquidity, reduce costs, and increase profitability. We can help you maintain optimal cash flow levels by tracking sources and uses of funds and forecasting future activity. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-work your budget and/or debts for an optimal cash flow, and analyze collections of receivables. With our help and guidance, you will always be on top of your finances and ready for the future.

Financial Projections and Forecasts

No one can predict the future perfectly, but your business can and should benefit from planning for it. Essential Financial Management combines expertise and experience with a gained understanding of your business to produce budgets and financial projections that can help you visualize the short and long-term results of your operations before they materialize. Forecasting for the future is imperative to your company's success. Let us help you to keep a forward looking focus on your financial position so that your business can be prepared for what is to come.

Mergers, Acquisitions, and Sales

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, we can provide professional know-how to help you successfully structure and negotiate the deal. We employ careful analysis and due diligence to aid in determining a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.

Debt and Finance Advising

Whether your needs are corporate or personal, our professionals can assist you in sorting out the different options available for debt management and financing that can lower your payments and/or reduce your total interest costs. We can be a powerful resource to business owners that are looking to gain better management control over their debt or need assistance obtaining financing. We speak the same language as your banker and will help to insure that you have your best foot forward when negotiating with them.

Information Request for Services Listed Above


NTA Blog: The IRS Refuses to Provide Mandatory Employee Training on Taxpayer Rights

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

Nuevo Sitio Web Sobre Cambios en la Reforma de Impuestos que Explica qué está Cambiando y qué no

English Puede saber que el Congreso aprobó una importante reforma tributaria en la Ley de Recortes y Empleos (TCJA, por sus siglas en inglés) el 22 de diciembre de 2017. El IRS actual...

NTA Blog: Measuring the Taxpayer Experience – External Evaluations Show the IRS is Failing to Provide the Quality of Customer Service Expected by Taxpayers (Part 2 of 2)

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

NTA Blog: Measuring the Taxpayer Experience – The IRS’s Level of Service Measure Fails to Adequately Show the Experience of Taxpayers Seeking Assistance Over the Phone (Part 1 of 2)

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

NTA Blog: TAS Research Shows that Education Improves EITC Compliance

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

Get information on TAS office closures related to Hurricane Florence

The Taxpayer Advocate Service temporarily closed some offices due to Hurricane Florence. The following offices in South Carolina and North Carolina will resume regular business operation hours on T...

NTA Blog: The IRS Might Recover EITC Using Its Newly Discovered Post-Processing Math Error Authority, but Is It Constitutional?

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

Help us spread the news about our new Tax Reform Changes website

Is your business or association involved in helping others understand federal income taxes and the ramifications of changes to those laws each year? If yes, we invite you to visit our new site and ...

NTA Blog: As a Result of TAS Advocacy, the IRS is Working to Address a Computer Glitch That Allowed Collection Activity on Accounts with Expired Collection Statute Expiration Dates but Many Issues Remain Unresolved

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

New tax law brings changes to tax withholding for 2018; here’s what you need to know

Major tax reform was approved by Congress in the Tax Cuts and Jobs Act (tax reform) on Dec. 22, 2017. One change directly affected the rate at which taxes are withheld from paychecks. Our federal i...