Stuart Wilson, ACMA CGMA Fractional CFO & Controller · AICPA Member
Hawaii replaces the traditional sales tax with a General Excise Tax (GET) levied on gross business income at rates up to 4.5% — and unlike sales tax, it applies to virtually every business transaction, including services. Combined with corporate tax rates reaching 6.4% and the highest cost of living in the US, Hawaii demands rigorous financial management. BlackpeakCFO delivers it, led by a CGMA with 24 years in professional finance.
No contracts · Cancel anytime · From $3,995/mo
Hawaii's GET applies to nearly all business activity at rates from 0.15% to 4.5%, with a county surcharge pushing Oahu to 4.712%. Unlike sales tax, GET is on gross income and cannot be fully passed to customers. We manage your GET obligations and model the true cost impact.
Higher costs for shipping, labor, and real estate fundamentally change your margin structure. We build financial models calibrated to Hawaii's unique cost environment and identify strategies to protect profitability.
Tourism drives over 20% of Hawaii's economy. We provide revenue management, seasonal forecasting, and working-capital planning for hotels, tour operators, and hospitality businesses.
Pearl Harbor and multiple military installations make defense spending significant. We manage government contract accounting and ensure DCAA-compliant financial systems.
Everything a full-time CFO delivers — without the $250K salary.
Full P&L, balance sheet, cash flow statement. US GAAP-compliant. Board-ready with variance commentary — not a raw trial balance.
Revenue, gross margin, AR days, AP days, cash runway, burn rate. Updated live. Know where you stand before month-end.
Rolling weekly cash forecast with scenario modelling. The document lenders and investors ask for — always current.
We manage Hawaii's General Excise Tax filings across all applicable tax rates, corporate income tax compliance, and the unique financial challenges of operating in an island economy.
45-minute call to review the numbers, flag risks, discuss opportunities. Like having a CFO in the room without the full-time overhead.
Monthly variance analysis so you know exactly where you're over or under plan — before it becomes a problem.
No contracts. No hidden fees. Cancel with 30 days' notice.
Monthly management accounts, bank reconciliation, compliance tracking
Full strategic CFO — for businesses scaling past $5M
Multi-entity, M&A-ready, investor reporting
Monthly, quarterly, or semi-annual GET returns based on your tax liability, with proper classification across rate tiers and county surcharges.
Hawaii's progressive corporate income tax at rates from 4.4% to 6.4%, including apportionment for multi-state businesses.
The 10.25% TAT on short-term rental income, coordinated with county surcharges and exemptions.
Hawaii income tax withholding across progressive brackets, quarterly filings, and Temporary Disability Insurance contributions.
Filing your Hawaii annual report with the Department of Commerce and Consumer Affairs to maintain good standing.
Hawaii's 8B+ tourism industry spans hotels, tour operators, and restaurants. We provide revenue-per-room analysis, seasonal cash-flow management, and multi-property financial oversight.
Pearl Harbor and Pacific command installations drive significant defense spending. We handle government contract financials and FAR-compliant cost accounting.
Hawaii's coffee, macadamia, and tropical fruit industries face unique production costs. We manage crop-cycle financial planning and export logistics cost analysis.
Hawaii's constrained real estate market demands sophisticated financial planning. We manage condominium project financials, vacation rental portfolios, and development cost analysis.
Hawaii's Prepaid Health Care Act creates unique employer obligations. We manage healthcare cost compliance and revenue-cycle oversight for medical providers.
Hawaii's mandate for 100% renewable energy by 2045 creates investment opportunities. We provide financial modeling for solar, wind, and battery storage projects.
GET is levied on the business's gross income rather than the customer's purchase, and it applies to virtually all business activity including services, rent, and commissions. You cannot legally pass the full GET to customers — only a portion. This means GET directly impacts your margins, and we model that impact into your pricing strategy.
Absolutely — and we work alongside your CPA rather than replacing them. Your CPA handles tax preparation and filing, while we provide strategic financial leadership, forecasting, and day-to-day financial oversight. Most clients find this combination delivers both compliance accuracy and forward-looking financial strategy.
We build financial models specifically calibrated to Hawaii's cost structure — higher shipping, labor, and real estate costs are baked into our projections. This means your budgets and forecasts reflect reality, and we identify cost-optimization opportunities unique to island operations.
Businesses generating M–0M in revenue benefit most. You need strategic financial leadership but may not justify a full-time CFO at 50K+. Our fractional model delivers senior expertise affordably.
Most engagements begin within two weeks of signing. We use a structured onboarding process to get up to speed on your financials, systems, and goals so we can deliver value from day one.
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30-minute discovery call. We'll review your current setup, identify gaps, and show you exactly what your management accounts should look like. No pitch — just proof.
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