Last week, when I wrote my message to our Orange County business clients, the biggest news was the second round of the PPP, and that expenses covered under the first round of it would be tax deductible.Has anything happened since then?Goodness, even just the "mere"...

If you’re doing the books, juggling the hiring, navigating supply problems, delivering work to clients, and thinking about big-picture items for the year … you might be a small business owner.If you’ve got a lot on your mind and more gets added daily? You might be a...

With May 17th behind us (though for those in Texas, Louisiana and Oklahama -- this was just another day. June 15th is coming at us fast!), we’re turning towards the planning and optimization part of our calendar.But before we leave taxes in the rearview, let's address...

Remember that noncompete ban I told you about a while back? The ban that was originally supposed to take effect on September 4 has been temporarily paused. You already know the implications of this ban for your business: vulnerability to head-hunting, higher...

Be honest – on a scale of 1-10, how “merry and bright” do you feel this holiday season?The holidays can bring a lot of pressure to feel a certain level of happiness. But maybe this is a hard season for you – you’re stressed from being stretched thin financially, or...

It's April. And that means, well -- it's PROCRASTINATION season.Our phones are ringing off the hook, and our inboxes are clogged with Orange County people who are looking for tax help. Fortunately, our business owner clients (usually) are a little more ahead of the...

Quick Summary: What Smart Accounting For Small Businesses Looks Like In 2025Call your tax advisor before making financial moves to avoid missed deductions or costly surprises. You need modern, integrated tools to stay compliant (and audit-ready) in 2025. The...

Bar none, the most important asset in your Orange County business is your client and customer list. This is even true if you are in a "capital-intensive" business with significant material assets. In fact, I'd be very interested to hear someone make a strong case that...

 Key TakeawaysYou can sell losing investments to realize a capital loss that offsets taxable gains. If your losses exceed gains, you can deduct up to $3,000 against ordinary income ($1,500 if married filing separately). Unused losses carry forward...

I don’t know about you, but there’s something about July 4th that gets me into the entrepreneurial spirit. You fire up the grill, wave off work for a day, and you’re reminded of WHY you started a business in the first place: freedom. And while you’re busy...