Accounting Solutions, LLC (VA)

BACKGROUND

Introduce your business and what you do there.

I’m the managing director of Tier One Capital Management LLC. We’re a privately-held company that provides boutique, M&A, transactional services on due diligence in the energy and metals mining space.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Accounting Solutions, LLC (VA)?

We hired them for their accounting services.

SOLUTION

What was the scope of their involvement?

They do all my bookkeeping and tax preparation services. In addition to that, they provide a K-1 form that I roll into my personal return; It’s a significant piece of my overall annual tax return. Their team handles payroll, quarterly statements, and tells me when to send my money in for federal and state taxes.

What is the team composition?

There are about 3–4 people that I work with.

How did you come to work with Accounting Solutions, LLC (VA)?

We learned about them through a referral. When I was looking for a small-business tax preparation firm, several people in my local community recommended them.

How much have you invested with them?

I spend between $1,000–$1,500 a year.

What is the status of this engagement?

Our ongoing partnership began in October 2011. I’ve been with them since I started my business, and we have a long-standing relationship.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

Accounting Solutions, LLC (VA) is very proactive and not just reactive. If they haven’t heard from me in a while, they’ll reach out and remind me that I need to provide information or documentation. Their team is very good at following up. I often visit them in their office and always receive a warm welcome. I can’t say enough about them. Overall, they’re a good, strong company.

What did you find most impressive about them?

They’re timely and proactive.

Are there any areas they could improve?

No, I can’t think of anything they could do better.