Author Archives: Whittaker

When is it Time to Outsource my Accounting?

Outsourced Accounting

What is Outsourced Accounting? Outsourced accounting is just what it sounds like. Its accounting made simple. Outsourced accounting can be anything from bookkeeping to a Virtual CFO. One of the many benefits is you don’t need to pay a 12 month salary plus benefits. No bonus at the end of the year. You don’t have

Invoicing: How to Increase Cash Flow with Better Invoicing

As a business owner you want to be paid on time, because who doesn’t? One of the best way to not only keep your accounting up to date, as well as put money in the bank is timely payments. While this is ideal, it isn’t always the case. Sometimes payments are late or seemingly impossible

What Tax Incentives or Credits are Available for Manufacturing Businesses?

In the dynamic world of manufacturing, success isn’t just about producing quality goods, it is also about navigating the complex tax landscape. For California-based manufacturers, understanding and leveraging available tax incentives and credits can significantly impact the bottom line. As the heartbeat of innovation and industry, the California offers a range of opportunities for businesses

2024 Tax Deadline Calendar

As the new year rolls in, so does another tax season. For businesses, staying informed about each tax filing deadline and important dates is crucial to ensure compliance and avoid penalties. Whether you’re a seasoned entrepreneur or just starting out, understanding the tax calendar can help you plan and prepare effectively. In this guide, we’ll

Posted in Tax

Navigating the New Year: Setting and Tracking Business Goals with KPIs

2024 Goals, KPIs

As we step into a new year, it’s a perfect time for businesses to chart their course towards success. This period of corporate planning is crucial, offering a fresh start and a chance to set ambitious yet achievable goals. Key Performance Indicators (KPIs) play a vital role in this process, serving as the compass that

What are the Tax Implications of Different Investment Types?

Investment Types

  Introduction: Investing is a powerful tool for wealth creation, but it’s crucial for investors to be aware of the tax implications associated with different investment types. Whether you’re a seasoned investor or just getting started, understanding how your investments may be taxed can significantly impact your overall financial strategy. Continue reading to explore the

5 Must Do’s before the end of the year

End Of Year, Year 2023, 2024

Introduction: As the year comes to a close, it’s the perfect time to review your financial situation and make strategic moves that can positively impact your future. Whether you’re planning for retirement, managing your business finances, or looking to optimize your tax situation, taking action before the end of the year can lead to significant

Are Office Parties Deductible?

Christmas Office Parties

Office parties are a time-honored tradition in the business world. Whether celebrating a successful year, your annual Christmas party, or marking a special occasion, these events contribute to a positive work culture. As business owners prepare for such festivities, a common question arises: Are office parties tax deductible? In this blog post, we explore the

Qualified Charitable IRA Distributions

QCD

As we approach the year-end tax planning season, it’s crucial to explore smart strategies that can both support charitable causes and provide tax advantages. We are lucky enough to have great group of clients that give year after year. One such strategy worth considering is the Qualified Charitable Distribution (QCD) from your Individual Retirement Account