Home | Island Financial

- Our accounting & bookkeeping solutions are designed to meet your financial needs.
- We provide financial resources that help you build a solid foundation for your business.
- We bring our clients peace of mind so they can get back to business.
- We help you navigate payroll, tax laws and keep you compliant.

About Us

Tammy Novak & Cassie Carstens

Co-Founders

Starting and managing Island Financial for the past 10 years has been our largest professional accomplishment. We acknowledged a niche that businesses, both large and small, need: local bookkeeping, payroll and HR support. We administer these core financial and HR services so that owners can focus on their businesses. Our team is up-to-date with all ACA compliance requirements, payroll tax laws and HR laws.
- Accounting
- Bookkeeping
- Payroll
- HR Services

- Trusted Resource
  
  We do all the work, so you can get back to your business.
- Dedicated Performance
  
  Results oriented results for results oriented business owners.
- Cutting-Edge Technology
  
  Integrated payroll software customized for your business needs.
- Unbiased Approach
  
  We pride ourselves in being trustworthy, resourceful and unbiased in providing the best financial solutions to you.

Our Services

- Financial Services
  
  Tracking assets and liabilities and evaluating your income as well as all costs.
- Accounts Payable/Receivable
  
  Providing accurate expense accounting and generating invoices from your business operation.
- Bank Statement Reconciliation
  
  Provides a checks and balances system for funds in and out of financial accounts.
- Cash Flow Statement
  
  Provides information on the source and quantity of funds allowing you to understand your cash position.
- Year-End Tax Preparation
  
  Provides seamless transition of financial records to CPA for efficient annual tax preparation.
- Payroll
  
  Produce payroll checks, process tax payments and prepare quarterly returns and W2’s at the year’s end.
- State and Local Sales Tax
  
  Preparation of all appropriate forms for state, local and county tax.
- General Ledger Management
  
  Review transactions and accounts properly classifying into appropriate accounting categories.
- Budget Preparation
  
  Provides a tool for future asset allocation and expense management.
- Human Resources
  
  Maintain all employee files and benefits including health plans, retirement plans, etc.

- 40
  
  %
  
  Business Owners Hate Bookkeeping
  
  Many small business owners say bookkeeping and taxes are the worst part of owning a business.
- 40
  
  %
  
  Spend 80+ Hours on Taxes
  
  The majority of small business owners spend more than 41 hours on tax preparation each year.

Resources

- I-9
  
  The Employment Eligibility Verification form is a US Citizenship and Immigrations Services form.
- W-4
  
  Form completed by an employee to indicate his or her tax situation (exemptions, status, etc.) to the employer.

- “Our goal is to provide financial information for your business that can be used as a management tool. This enables the small business manager to use their time at a more productive and profitable level. Our service is individualized to fit the need of each business on the format that is needed.”
  
  Tammy & Cassie
  
  Owners, Island Financial

Contact Us

Appointment Form
Company Details
- Island Financial
  
  2 Corpus Christi Place, Suite 104
  Hilton Head Island, SC 29928
- Phone & Fax
  
  Phone: 843-785-4018
  Fax: 843-785-7003