Stuart Wilson, ACMA CGMA Fractional CFO & Controller · AICPA Member
West Virginia's 6.5% corporate net income tax and a severance tax on coal, oil, gas, and timber create specific obligations for businesses in the Mountain State. With an economy transitioning from coal toward natural gas, chemical manufacturing, and tourism, West Virginia businesses need financial leadership that navigates change. BlackpeakCFO provides it, led by a CGMA with 24 years in professional finance.
No contracts · Cancel anytime · From $3,995/mo
West Virginia's severance tax on coal (5%), oil (5%), natural gas (5%), and timber (3.22%) is a significant obligation for resource companies. We calculate your liability, identify available exemptions, and manage quarterly filings.
West Virginia's shift from coal to natural gas and renewables creates both opportunity and financial complexity. We model transition scenarios, analyze capital investment options, and manage the financial aspects of energy-sector evolution.
The Kanawha Valley chemical corridor is one of the nation's largest. We provide cost-center accounting, environmental compliance budgeting, and capital project financial management for chemical manufacturers.
West Virginia's outdoor recreation and adventure tourism are growing. We provide seasonal financial management and multi-property hospitality oversight for this emerging sector.
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 West Virginia's corporate net income tax, severance taxes on natural resources, and financial strategy for energy, chemical, and tourism 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
West Virginia's 6.5% corporate net income tax with apportionment for multi-state businesses and estimated payment schedules.
Severance taxes on coal, oil, natural gas, and timber at varying rates, with proper reporting and exemption applications.
West Virginia's 6% sales tax compliance, including exemptions for manufacturing and extraction equipment.
State income tax withholding across progressive brackets, quarterly filings, and annual reconciliation.
Filing the West Virginia annual report with the Secretary of State to maintain corporate good standing.
West Virginia's energy sector is shifting from coal to natural gas. We manage severance tax compliance, production accounting, and capital investment analysis for the transition.
The Kanawha Valley chemical corridor spans Dow, Chemours, and specialty manufacturers. We provide cost-center accounting, environmental remediation budgeting, and capital project financial management.
The New River Gorge National Park and ski resorts drive growing tourism. We manage seasonal financial planning and hospitality-sector oversight.
WVU Medicine and other systems serve the state's dispersed population. We provide rural-healthcare financial strategy and revenue-cycle management.
West Virginia's forests support a significant timber industry. We handle harvest-cycle financial planning and severance tax compliance for timber operations.
Beyond chemicals, WV's manufacturing spans auto parts, aerospace components, and steel. We deliver cost-center accounting and supply-chain financial management.
West Virginia's 5% severance tax on coal, oil, and natural gas is based on gross value, making it a significant cost component for resource companies. Various exemptions and credits may apply depending on well type and production method. We analyze your operations and minimize your severance tax exposure.
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 model financial scenarios for companies transitioning from coal to natural gas, renewables, or other industries. This includes capital investment analysis, workforce transition costs, site remediation budgeting, and new-market revenue forecasting.
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 provides senior-level 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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