Blog

As a business owner, you are always watching the bottom line, constantly looking for ways to become more streamlined or efficient. One of the first things you may have done to streamline your business is hire independent contractors to handle work that was previously...

Well, it’s September already, which means that we are nearing the final months of 2018. Although many taxpayers have filed their taxes by now, others are still waiting on paperwork or bookkeeping processes to be processed. If you haven’t filed your 2017 taxes yet,...

Small business owners often wear many hats as they juggle the many responsibilities that come with having a new company. If you are constantly inefficiently multitasking with things like payroll, HR demands, customer support and business development, maybe it’s time...

Whether you are a small business just emerging into your industry or a well-established brand, your customers place their information in your hands, trusting you to keep it safe. Payment information, login credentials, and other sensitive data are all prime targets...

Fires have ravaged various counties throughout Northern California since July 23, leaving the lives of many businesses and residents destroyed with sometimes no warning. Because of the widespread destruction, President Trump declared a state of emergency which allows...

2018 has been the year of data breaches and new scams. It seems as though a new company comes out every day with news of an internal or external data breach and an apology. While hackers and scammers are nothing new, it seems that they are more determined than ever to...

It seems that tax fraud and scams have no off-season. At all times of the year, a smooth and convincing scam artist may call you and inform you of an IRS repayment due immediately or of a tax audit with your name on it. Understandably cooperative and a bit fearful,...

As a small business owner, getting your finances in order is a big part of your success. Being able to recognize areas of improvement, assess profits and losses, and implement good billing systems are just some of the things you will have to do in order to build or...

Running your own business can be stressful at times, especially during tax season. Taxes are especially burdensome to business owners who complete their own taxes without any real knowledge of taxes. Many times, when business owners complete their business taxes...

Toward the end of June, the IRS released the first public draft of the newly formatted federal tax return. Trimming the federal tax return from about 79 lines to 23 lines, the IRS seeks to replace the 1040 tax form variations like the 1040A and 1040EZ with this new...

On June 21st, the United States Supreme Court decided the case of South Dakota v. Wayfair, Inc. and its decision will have a large effect on ecommerce industries. The purpose of the case was to reconsider the current laws regarding the taxation of online businesses...

Which entity should you file as? In the first stages of starting a small business, many prospective business owners rarely think about their business structure and how it will affect their financial and operational requirements. To help you begin your business...

SB 993 - The "Sales Tax" for Services Today, the Senate’s Governance and Finance Committee will make a decision on whether or not to impose a sales tax on services provided to California businesses. Contained within Senate Bill 993 (SB 993), this sales tax on services...

Over the past couple of weeks, we have reviewed specific tax law updates that will be taking place now that the 2017 Tax Cuts & Jobs Act was enacted last November. In this week’s post, we are concluding that theme and are discussing the other tax changes that are...