Questions About FTG Financial and Who It Serves
Start here to learn who you would be working with and whether the firm fits your business.
What kind of accounting firm is FTG Financial?
We are a virtual accounting firm that helps small businesses with bookkeeping, payroll, tax preparation, tax planning, and financial consulting. You work directly with an accountant who knows your business and answers the phone, in the off season too. The goal is numbers you understand and advice that fits your situation.
Who founded FTG Financial, and why?
Joseph Timothy founded the firm in 2024 to bring big-company accounting experience to small businesses at an affordable rate. He built it around personal service, so each client has a name to a face and an accountant they can reach. The idea is simple: large-firm experience, delivered with the attention of a small practice.
Where is FTG Financial based, and which areas do you serve?
The firm focuses on Dallas-Fort Worth, and Joseph is based in the North Dallas area. You can work with us from Dallas, Fort Worth, Plano, Frisco, McKinney, Allen, Fairview, Princeton, Lowry Crossing, or anywhere else in DFW. The firm also serves Logan, Ogden, and Mapleton in Utah, plus Rexburg, Pocatello, Preston, and Weston in Southeast Idaho.
Do all meetings happen by phone or video?
Yes, this is a virtual firm, so meetings happen by phone or video rather than at an office. That makes it easy to meet from your office, your job site, or home, wherever you are in DFW. You still get a name to a face and an accountant who knows your file.
What size and type of businesses do you work with?
The firm focuses on small businesses earning roughly $200K to $10M a year. Many are contractors and home service businesses, retailers, or e-commerce sellers. If your business sits outside that range or those industries, it is still worth asking whether we are a good fit.
Small Business Accounting Questions About Fees and Switching
Changing how your books and taxes are handled is a real decision, so these answers cover cost, timing, and what the move involves.
How do I start working with FTG Financial?
Book a call or send a message through the contact page. On that first call, we learn how your business runs and where your books and taxes stand today. From there, you get a recommendation and a quote, so you can decide what makes sense.
How much does a small business accountant cost?
Bookkeeping starts at $350 per month, with the final price based on transaction volume, number of accounts, and the complexity of your bookkeeping needs. Payroll, tax preparation, tax planning, and consulting are quoted after a short call about your business. When we also handle your bookkeeping, you get 20% off tax return preparation fees.
Should I switch accountants?
If your accountant is easy to reach, keeps your books current, and helps you plan ahead, you may not need to change. Many owners start looking when calls go unanswered or advice only shows up at tax time. One owner switched to us after eight years with another accountant and learned about basic steps no one had offered him.
What does switching accountants involve?
Switching is often simpler than owners expect, because most of the work happens behind the scenes. You will typically share prior tax returns, access to your accounting software, and recent bank statements. If your books are behind, the catch-up work is reviewed and scoped first, before ongoing work begins.
Can I reach my accountant outside of tax season?
Yes, the phone gets answered in the off season too, not only between January and April. Questions about a new hire, a big purchase, or a slow month are easier to handle early. You talk with someone who already knows your file, so you do not have to start from scratch.
Questions About Bookkeeping, Payroll, and Tax Services
These answers explain what each service covers and how to tell which ones your business needs.
What accounting services does FTG Financial offer?
The firm offers monthly bookkeeping, payroll, and business and individual tax preparation. It also provides tax planning and financial consulting, including forecasting and budgeting. Once those systems are in place, we can help you think through bigger questions such as retirement goals.
What is the difference between bookkeeping and tax preparation?
Bookkeeping is the ongoing work of recording, categorizing, and reconciling your transactions throughout the year. Tax preparation uses those records to complete and file your returns, such as Forms 1040, 1120S, 1120, or 1065. Strong bookkeeping makes tax preparation faster and more accurate, which is why the two work best together.
Should my books be kept on a cash or accrual basis?
Cash basis records income when money comes in and expenses when you pay them. Accrual basis records income when earned and expenses when incurred, which can better reflect deposits, inventory, or unpaid invoices. We keep books on either basis and can talk through which one suits your business.
How often should small business books be closed?
Closing your books monthly keeps reports current enough to guide business decisions. We reconcile your accounts and close your books on a set monthly schedule, so you know when fresh numbers will be ready.
Do Texas businesses pay state income tax?
Texas has no personal state income tax, so owners do not file a Texas personal income tax return. Many Texas businesses do have an annual franchise tax filing with the Texas Comptroller, and we help you understand whether yours does. If you sell taxable goods or services, Texas sales tax applies too, and cities can add local sales tax.
Still Have a Question? Ask an Accountant Directly
If you did not find your answer here, a real person is happy to help. Send your question or book a short call, and we will talk it through with you.