Millennium Financial LLC
Services
Comprehensive accounting, tax, and financial services for Nashville businesses and individuals. Millennium Financial LLC offers a full suite of services designed to keep your finances accurate, compliant, and growth-ready. Below is an organized overview of our services followed by detailed descriptions and how each aligns to typical client needs. Services presented here include focused subpages for core offerings: Business Taxes, Personal Taxes, Financial Services, Business Startup, and Tax Exempt services.
10+
CORE SERVICE PILLARS
Our Core Service Pillars
06
Monthly Bookkeeping & Reporting
07
Payroll & Payroll Tax Services
08
Software Setup & Cleanup
09
Sales & Use Tax Compliance
10
CFO-level Advisory
Why An Integrated Approach Matters
Siloed financial processes — disconnected bookkeeping, ad-hoc payroll, and reactive tax filing — create inefficiencies, lost deductions, and inaccurate reporting.
By integrating bookkeeping, payroll, and tax planning, Millennium Financial ensures that each area reinforces the others. Accurate books lead to better tax positions; payroll compliance reduces audit risk; and timely reports support strategic business decisions.
REINFORMENT
BETTER TAX POSITIONS
REDUCED AUDIT RISK
STRATEGIC SUPPORT
Detailed Service Descriptions
Our business tax services include preparation of federal and state returns for S corporations, C corporations, partnerships, and LLCs taxed as corporations or pass-through entities. We prepare tax projections, quarterly estimated tax calculations, and depreciation schedules. For businesses with complex activities, we coordinate with industry-specific advisors (e.g., cost segregation for real estate, R&D credit specialists) to maximize tax benefits.
We prepare individual tax returns (Form 1040 and schedules), including self-employed schedules, rental property reporting, investment income (Schedule D), and itemized deductions. We also offer tax planning to reduce liabilities and manage estimated taxes, ensuring individual and business tax strategies are aligned.
Financial services include bookkeeping, financial reporting, payroll processing, accounts payable/receivable management, bank reconciliations, and budgeting. We produce monthly P&L statements, balance sheets, and cash flow reports with actionable commentary.
New businesses benefit from entity selection consulting, formation assistance, accounting system setup, and initial tax registrations (EIN, state filings). We help founders choose the right structure (S corp vs. LLC vs. partnership) based on tax considerations, liability protection, and growth plans.
For nonprofits and tax-exempt entities, we provide formation guidance, 501(c)(3) application assistance, financial statement preparation tailored to fund accounting, and ongoing compliance filings such as Form 990 and state charity registrations.
Monthly Bookkeeping & Reporting
Accurate monthly bookkeeping is the backbone of informed decision-making. Our bookkeeping services include transaction categorization, bank and credit card reconciliations, payroll entries, and month-end close procedures. We deliver clear, easy-to-understand reports and can tailor KPIs to your business needs: gross margin, customer acquisition cost, and labor cost as percentage of revenue.
Payroll & Payroll Tax Services
Payroll can be time-consuming and risky if not handled properly. We offer payroll setup, processing, payroll tax filings, W-2 and 1099 processing, and worker classification review (employee vs. contractor). We ensure tax deposits and filings are timely to avoid penalties.
Accounting Software Setup & Cleanup
We help clients migrate to or optimize QuickBooks Online, Xero, or other cloud-based platforms. Cleanup services include correcting prior-period errors, reconciling bank accounts, and preparing books for tax filing.
Sales Tax & Use Tax Compliance
Sales tax complexity grows with multi-state sales, marketplace facilitation rules, and varying product/service taxability. We assess nexus exposure, help register for state sales tax permits, and file sales & use tax returns.
CFO-Level Advisory & Forecasting
For growing businesses, we provide cash flow forecasting, budgeting, KPI dashboards, and planning for financing or exit events. Our team can act as an outsourced CFO on a monthly or quarterly basis.
How We Deliver Value
Accurate Compliance
We prioritize correct filings and timely submissions to avoid penalties and audits.
Proactive Planning
Tax planning and forecasting help reduce liabilities and support growth.
Automation & Efficiency
Cloud tools and integrations reduce manual work and improve accuracy.
Transparent Communication
We break complex concepts into actionable steps and provide clear next steps.
Who Benefits From Our Services
Small Business Owners
Need reliable monthly bookkeeping and tax-ready financials.
Startups
Seeking entity guidance and financial systems to attract investors.
Freelancers
Requiring simple tax planning and bookkeeping.
Nonprofits
Needing specialized knowledge and Form 990 preparation.
Real Estate Investors
Landlords who need depreciation schedules and rental accounting.
Service Packages
Essential Bookkeeping
Monthly reconciliations
P&L and Balance Sheet
Up to 100 transactions
Growth Bookkeeping + Payroll
Includes payroll processing
Tax filings
Mid-level bookkeeping
Tax-Ready Package
Year-round bookkeeping
Quarterly tax planning
Annual biz & personal tax filing
Startup Launch Package
Entity selection meeting
Accounting system setup
Initial bookkeeping
Tax registrations
Nonprofit Compliance Package
501(c) guidance
Annual Form 990
Book setup for fund accounting
Frequently Asked Questions
How often should I receive financial reports?
Monthly reports are standard for small businesses; more frequent reporting can be arranged if you need near-real-time visibility.
Can you handle payroll for a seasonal workforce?
Yes. Our payroll services scale to match payroll frequency and seasonal employee changes.
What if I’m behind on taxes or bookkeeping?
We specialize in catch-up bookkeeping and can prepare amended or late tax returns. We assess the situation and propose a compliance timeline.
Do you help clients obtain loans or investor financing?
We prepare lender-friendly financial statements and can help produce projections and documentation lenders or investors request.
Contact
Call (504) 351-6873 to review your current needs and receive a tailored proposal. We’ll outline the deliverables, timing, and pricing to get you moving quickly toward better financial clarity.