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Affordable On-Line Accounting Solutions for New Jersey Businesses


TF DOWNING, CPA, offers CPA prepared financial statements for small and medium sized businesses via the Internet. “In today’s environment, as competition heightens and margins are squeezed, cost control is becoming increasingly important for growth and long-term sustainability. The outsourcing of non-core, yet critical activities, is emerging as a most dependable tool for success in any company and any industry” said Certified Public Accountant Tim Downing. You can visit their website at:

A basic Bookkeeper’s salary ranges from about $32,000 per year, up to about $52,000 per year before payroll taxes and benefits are added. TFDCPA® offers the same services for a small fraction of that cost and without requiring a binding contract. That is, this service is provided at the request of the client for only so long as the client desires.

The basic service includes monthly financial statements (Income Statement, Balance Sheet and Statement of Cash Flows) and the reconciliation of the client’s bank cash account. All of these are provided via Internet access to the client bank account information and requires no input or additional work of the client. Enhanced services include day to day accounting tasks of invoicing, collections, bill paying, account reconciliations; and the production of a check register, receivables and payables aging and a 20 week cash forecast. These advanced services are also very reasonably priced so that the cost to the client results in significant savings as opposed to doing them “in-house”.

“Through outsourcing, management can focus on more strategic issues and other important company initiatives, and has more flexibility to assign staff and allocate resources to higher-value projects” adds Downing.

In addition to these accounting functions, TFDCPA® also offers state of the art Payroll Processing powered by a world leader in payroll, Quarterly and Annual Tax Filings and Consulting.

About Tim Downing, CPA
Timothy Downing, the principal and founder of the company, is a CPA with over 29 years of experience working in public and private accounting sectors. Before starting his CPA practice in 1999. Mr. Downing served as Chief Financial Officer and Chief Operating Officer for six years at the MFR Group, an international economic research firm, broker/dealer and a registered investment adviser.
Mr. Downing is a currently a member of both the American Institute of Certified Public Accountants for over 25 years and is currently a member of the New Jersey Society of Certified Public Accountants, and has been in good standing with these institutions for the past 25 years.

About D. Brian Plunkett, CPA
D. Brian Plunkett served as the Chief Financial Officer, Vice President, Treasurer and Assistant Secretary of Aquis Communications, Inc., a publicly traded wireless messaging company, from January 1, 1999 until 2007. Prior thereto, he had been the Chief Financial Officer for NationPage, Inc., from January 1995. For more than ten years prior to his employment with NationPage, Inc., Mr. Plunkett was employed by PageAmerica Group, Inc., a publicly traded, FCC licensed facilities-based wireless provider where he served as Vice President of Finance and Principal Accounting Officer. Mr. Plunkett is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.


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