Jonathan Carr, EA, MBA - Independent Consultant

Carr Financial Group

Carr Financial Group provides convenient, quality service in all areas of QuickBooks bookkeeping. We gather the data from your documents, generate Accounts Payable, Accounts Receivable, General Ledger entries, financial reports, reconcile your bank accounts and any other accounting functions you may need processed, then complete the finished product for your company!

Independent Consultant vs. Hiring An Employee

Independent consultants are professional business people who provide services specifically for your company's accounting needs. Compared to employees, consultants can save you money since the company is not liable for payroll taxes, worker's compensation and other employee benefits (health insurance, sick/vacation pay)

Although the rate of a contractor may seem somewhat higher than the wages you would be willing to pay an employee, the contractor (not the employer) is responsible for all of his or her own expenses, such as; vacation/sick pay, medical insurance, overtime, State & Federal employer taxes, etc. Your company's only expense is the hourly rate for the consultant for specific jobs or projects. The savings you receive by not having to pay for the additional expenses and hiring costs for employees is considerable.

In addition, consultants can provide a quicker turnover rate for the specific jobs and projects since their expertise is focused and their time is dedicated solely to your company, without the distractions an office can provide. Specific time frames and guidelines can be set so the work is processed in a timely manner according to your needs. Consultants are generally free to work past "normal" employee hours in order to get a job done for you.

Key Benefits to Hiring an Independent Consultant:

YOU SAVE MONEY!

No Payroll Taxes To Pay
No Worker's Compensation Insurance To Pay
No Employee Benefits Or Orientation Costs To Pay
Accurate and Timely Completion of Work (With No Overtime Costs)
Consistent Routine For Data And Paperwork Processing (Reports Completed On Time)