Hudson Financial & Risk Solutions LLP is a CPA firm for small and mid-sized businesses that have outgrown improvised bookkeeping. We close your books on time, keep every filing on the calendar, and build the internal controls that hold up when an auditor, a lender or a regulator finally looks closely.
Led by a dual-credentialed Managing Partner with 15+ years in finance, risk and compliance
Typical month-end close we deliver for clients on our accounting program
Missed statutory filing deadlines across managed compliance calendars
Hudson Financial & Risk Solutions LLP provides accounting and compliance services to small and mid-sized businesses across New York's Southern Tier. We work with owner-operated companies, nonprofit organizations and investor-backed businesses generating roughly $2M to $75M in revenue.
Most firms we meet do not have an accounting problem in isolation. They have a month-end close that slips, a filing calendar that lives in one person's head, and a set of controls that were designed when the company was a third of its current size. Each of those is survivable alone. Together they become the reason a lender delays a facility, an audit runs three months long, or a founder discovers a problem two quarters after it started.
We fix the underlying system rather than the symptom: clean books, a documented calendar, controls that match the size of the business today, and a partner who reads the numbers before you do.
About the firmYear the firm was established in Binghamton, New York
Years of finance, risk and compliance leadership behind the practice
Integrated service lines under one accountable partner
Industries with sector-specific compliance experience
Every engagement is scoped in writing, priced at a fixed fee, and led by a partner who stays on the file. Choose one line or run them together. The compliance calendar, the close and the controls are designed to share the same source of truth.
A disciplined monthly close that produces financial statements you can act on, not a shoebox reconciled once a year.
Federal and New York filings handled on a managed calendar, with planning conversations that happen in Q3, not in April.
Audits, reviews and compilations delivered to a published timetable, plus readiness work so your first audit is not your hardest.
Controls sized for the business you are now, documented well enough that they survive the person who wrote them leaving.
Structured risk assessment before something goes wrong, and disciplined forensic work when it already has.
Senior financial leadership at the cadence you actually need it, usually two days a month, not five days a week.
We are deliberately a small firm. That is not a limitation we apologize for. It is the reason a partner reviews your file rather than initialing work performed by someone three levels down.
The person who scopes your engagement is the person who reviews the work and answers the phone. No handoff to a rotating junior team.
Every statutory and internal deadline lives on a shared compliance calendar with owners and lead times. You see what is coming eight weeks out.
Statements arrive with a short written commentary on what moved and why. You should never have to reverse-engineer your own results.
Recurring work is a flat monthly fee; project work is quoted after scoping. You will not receive an invoice for a phone call you did not expect to pay for.
Percentage-of-completion is not the same problem as grant restriction accounting, and neither resembles multi-state sales tax nexus. We keep working knowledge of the compliance regimes that actually govern our clients rather than treating every business as a generic set of books.
The same four-stage method runs underneath every service line. It is deliberately unglamorous. Most accounting failures are process failures, and process failures are fixed by sequence and ownership, not by heroics in March.
A structured review of your books, close process, filing history and control environment. You receive a written findings memo ranking issues by exposure, not a sales deck.
We agree on the target state: chart of accounts, close calendar, control matrix, reporting pack and who owns each step. Everything is documented before anything changes.
We clean up the backlog, rebuild the close, and run the first two or three cycles alongside your team so the process is proven rather than theoretical.
We manage the ongoing close, filings and control testing on the agreed calendar, with a quarterly review of what changed in the business and what that means for the year ahead.
Managing PartnerManaging Partner - Finance, Operations & Compliance
Deanna leads Hudson Financial & Risk Solutions LLP, overseeing firm-wide strategy across finance, compliance, human resources and internal operations. She brings a practical, execution-focused approach to firm leadership, combining financial discipline with strong operational and organizational oversight.
Her background in finance and risk management lets her bridge strategic decision-making with day-to-day execution, which is why she is a useful partner for businesses navigating growth, operational complexity and evolving compliance requirements.
Most compliance failures are not decisions. They are things nobody owned.
Practical writing on the problems we are asked about most: audit readiness, internal controls, the compliance calendar and knowing when a business has outgrown its current finance function.
The work that determines how your first audit goes happens in the ninety days before fieldwork, not during it.
You cannot run a forty-control framework with nine people. Here is the short list that prevents most of the damage.
Federal and New York State dates in one place, with the lead times that actually make them achievable.
Hudson Financial & Risk Solutions LLP is a CPA firm in Binghamton, New York providing accounting and compliance services to small and mid-sized businesses. Six service lines run under one accountable partner: accounting and bookkeeping, tax planning and compliance, audit and assurance, regulatory compliance and internal controls, risk advisory and forensic accounting, and outsourced CFO advisory.
Most of our clients generate between $2 million and $75 million in annual revenue with 10 to 250 employees. That band covers two distinct moments: the owner-operated company that has outgrown a single bookkeeper, and the investor-backed or grant-funded organization that has just acquired a formal audit or compliance obligation.
Below roughly $2 million, a good bookkeeper and a seasonal tax preparer are usually the right and cheaper answer. We will tell you that rather than sell you something heavier.
Yes. We are based in Binghamton and work in person across the Southern Tier and Central New York: Vestal, Endicott, Johnson City, Ithaca and Elmira. We also support clients across New York State and multi-state filers remotely, using encrypted document exchange and a scheduled video review cadence rather than ad-hoc email.
Recurring services (bookkeeping, monthly close, managed compliance calendars and outsourced CFO support) are billed at a fixed monthly fee agreed in advance. Project work such as an audit, a controls assessment or a forensic investigation is quoted at a fixed fee following a scoping call.
You receive a written scope and fee before any work starts, and we do not bill for the phone calls in between. If the scope genuinely changes, we agree on the change in writing first.
Frequently, and it is often the best-value structure. A common pattern: your team continues day-to-day transaction entry, and we own the monthly close, reconciliation review, financial reporting and compliance calendar.
We document who does what in a written responsibility matrix at the start of the engagement, precisely so nothing falls into the gap between two teams, which is where most of the expensive mistakes live.
Thirty minutes, no charge. Bring your last set of financials and your current pain point. You will leave with an honest read on whether you have a bookkeeping problem, a controls problem or a leadership problem, and what it would take to fix it.