Stuart Wilson, ACMA CGMA Fractional CFO & Controller · AICPA Member
Rhode Island's 7% flat corporate income tax and minimum tax of $400 create clear but meaningful obligations for businesses in the Ocean State. With a defense economy anchored by Naval Station Newport, prestigious universities like Brown and RISD, and a growing marine-technology sector, Rhode Island businesses need expert financial guidance. BlackpeakCFO provides it, led by a CGMA with 24 years in professional finance.
No contracts · Cancel anytime · From $3,995/mo
Rhode Island's 7% flat corporate rate with a $400 minimum tax and mandatory combined reporting require careful planning. We optimize your apportionment, identify available credits, and ensure combined reporting works to your advantage.
Naval Station Newport and defense contractors like General Dynamics Electric Boat drive significant military spending. We provide government contract financials and DCAA-compliant accounting.
Rhode Island's marine-technology sector is growing. We provide financial leadership for boatbuilders, marine-tech companies, and oceanographic research organizations.
Brown University, RISD, and URI drive research commercialization. We support spinouts with SBIR/STTR compliance and growth-stage financial planning.
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 Rhode Island's 7% corporate income tax, mandatory combined reporting, and financial strategy for defense, education, and marine-industry businesses.
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
Rhode Island's 7% flat corporate income tax with mandatory combined reporting and apportionment for multi-state businesses.
Rhode Island's 7% sales tax compliance, with exemptions for manufacturing equipment and certain services.
State income tax withholding across progressive brackets, quarterly filings, and annual reconciliation.
Annual business corporation tax return filing, including minimum tax calculations and estimated payments.
Filing the Rhode Island annual report with the Secretary of State to maintain corporate good standing.
Naval Station Newport, Naval War College, and Electric Boat's submarine construction drive the defense economy. We handle government contract financials and DCAA compliance.
Brown, RISD, and URI generate research that spawns startups. We manage spinout financials, grant compliance, and technology-transfer accounting.
Rhode Island's marine-tech sector includes boat building, ocean engineering, and aquaculture. We provide industry-specific financial management and project-based accounting.
Lifespan, Care New England, and other systems serve the state. We provide revenue-cycle management and hospital financial strategy.
Rhode Island's manufacturing spans jewelry, costume, and specialty metals. We deliver cost-center accounting and production financial management.
Newport's mansions and Narragansett Bay drive tourism. We manage seasonal cash-flow planning and hospitality financial oversight.
Rhode Island requires mandatory combined reporting for corporations that are part of a unitary group. This means related companies must file together, which can increase or decrease your overall liability. We analyze your corporate structure and optimize your combined filing position.
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.
Yes — we set up and maintain DCAA-compliant accounting systems, manage indirect rate structures, and prepare incurred-cost submissions for companies contracting with the Navy and other DoD agencies at Newport and throughout Rhode Island.
Businesses generating $1M–$30M in revenue see the greatest impact. You need financial strategy but may not justify a full-time CFO. 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.
Also Serving
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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