PPP Loan Forgiveness Webinar

Posted by David Knecht on May 27, 2020

Presented by Rex Ours, CPA and David Knecht, CPA, CVA, MAcc

You have your PPP loan, the clock has started, now what? The next step is to spend it during your eight week window in a way that maximizes loan forgiveness. How do you do that? Watch and see below.

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Tags: Tax, coronavirus

Managing Cash Flow: Finding Hidden Dollars in Your Small Business

Posted by Robert Hicks on August 30, 2017

Managing cash flow is one of the biggest challenges involved in running a small business. Thankfully, there are a few secrets you can use to keep the dollars flowing.

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Tags: Tax, Accounting, cloud accounting

6 Keys to Better Budgeting & Forecasting for CEOs

Posted by Michael Milam on February 08, 2017

Budgeting and forecasting are necessary evils to keep a company on track to meet their short-and long-term goals. Unfortunately, the process can be time-consuming and complicated. As CEO, you will want to make this yearly task move as quickly and painlessly as possible.

These six tips will act as a better way forward when completing your budget and forecast for the coming year.

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Tags: Tax, Accounting, budgeting, Forecasting

6 Tax-Saving Strategies to Implement BEFORE December 31

Posted by Emily Tafua on December 01, 2016

The cooler weather is hinting that the holidays are right around the corner, which means that the end of the year is upon us. Now is the right time to plan your year-end tax strategy in order to maximize your savings before December 31st!

Below are a variety of tax-saving strategies individuals and/or business owners should consider implementing:

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Tags: Tax, Accounting

3 Tips To Improve Your Chart of Accounts

Posted by Sev Grigorian on September 10, 2014

One questions that I often recieve from clients is what should I do to improve my chart of accounts? To answer that I have here 3 tips to improve your chart of accounts. 

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Tags: Entrepreneurship, Tax, Accounting

Traditional and Roth IRA Basics

Posted by Emily Tafua on June 13, 2014

We recently held our annual 401(k) meeting where our investments administrator came to our firm and gave us a presentation on the state of our 401(k). In addition to that information, he answered questions we had about our account or investing. Our investment administrator, explained the differences between the two types of IRA’s, and what we should consider when choosing which retirement account is right for us. 

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Tags: Tax, Compensation

What Business Expenses are Deductible?

Posted by Tabish Khan on June 06, 2014

When I was an auditor working for the State of California’s Franchise Tax Board (FTB), I saw some very interesting expenses that taxpayers claimed and hoped would qualify as deductible business expenses. I have audited taxpayers who deducted personal vehicles as business expenses, personal costs as consulting expenses, or fines and penalties as dues and subscriptions (yes, parking fines are not considered business expenses). Based on the experience and the knowledge I obtained at the FTB, I would like to identify some expenses which are deductible and some which are not.

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Tags: Tax

The 8 Requirements for an S Corporation

Posted by Hazel Ho on May 01, 2014

People often ask me what is an S corporation, what are the requirements to be an S corporation or whether a certain action will revoke an S election?  So let’s discuss S corporations today.

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Tags: Entrepreneurship, Tax

5 Tax Tips to Properly Itemize Deductions

Posted by Cheuk Wong on March 06, 2014

It is that time again to gather your documents and get organized to file taxes. Here are five tips to help you properly itemize your deductions and minimize your taxes.

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Tags: Entrepreneurship, Tax

You and The Home Office Deduction

Posted by Hazel Ho on February 11, 2014

One question that I often get asked is how much can I deduct for my home office. My aim with this article is to help you understand the rules and how they may apply in your situation. Here we go!

If you use part of your home for business, you may be able to take advantage of the home office deduction. 

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Tags: Entrepreneurship, Tax