Tax tips for new business owners

Photo By Stevepb Want to avoid paying more than you should come tax time? Or a frantic last minute search for missing financial records? New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organization is key when preparing for tax time. As is taking advantage of the many tools and resources out…  Read more

Tax Season Tips for Small Business Owners

Preparing for tax season is really a year-round endeavor. Tip number one for SMB owners is to update financials on a monthly basis, using a streamlined software or cloud-based system. This way, come tax time, everything you need is all in one place. And well organized SMBs are better positioned to minimize their tax bill while avoiding penalties associated with missing or inaccurate information. Here are four more ways to…  Read more

Navigating State of Emergency Tax Relief for Southern California Wildfire-Affected Businesses

Our Hearts Go Out to Southern California As the wildfires continue to rage across Southern California, our hearts are heavy with concern for everyone affected by this devastating disaster. The loss of homes, businesses, and the natural beauty of the region is truly heartbreaking. We extend our deepest condolences to those who have suffered losses and are facing the uncertainty of what comes next. In these challenging times, we are…  Read more

Tax Season Tips for Small Business Owners

Photo By Stevepb Preparing for tax season is really a year-round endeavor. Tip number one for SMB owners is to update financials on a monthly basis, using a streamlined software or cloud-based system.  Xero Accounting allows you to keep on top your financials, on demand.  And, it makes it easy to collaborate with your bookkeeper and tax preparer, so that your tax returns can be prepared more efficiently. This way,…  Read more

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