Category: Small Business
-
Let’s cut to the chase. If you’re running a plumbing, electrical, or construction business in Los Angeles or Orange County, you can’t afford financial blind spots. The difference between a profitable year and a money pit often comes down to what’s happening behind the scenes in your books. Most owners I meet are experts at…
-
Introducción: El Papelito que Todos Olvidan (Hasta que llega la Multa) Enero en Los Ángeles no es solo para recuperar la dieta después de los tamales; es el mes del “pánico administrativo” para los dueños de negocios. Mientras usted cierra su año, el IRS está esperando algo muy específico de usted: las Formas 1099. Muchos empresarios…
-
Introducción: El Peligro de “Volar a Ciegas” Imagínese esta escena: Es viernes, día de nómina en Los Ángeles. Usted revisa la aplicación de su banco en el celular y ve un saldo de $15,000. “Perfecto”, piensa, “tengo suficiente para pagar a los empleados y la renta”. Firma los cheques y se va tranquilo el fin…
-
Santa Monica, California, drives business success for small businesses, startups, and established companies. In this thriving local economy, financial expertise is essential. At Key Forecasts (keyforecasts.com), we tackle the challenges and seize the opportunities unique to Santa Monica businesses. We deliver specialized controller and accounting services that fuel growth, keep you compliant, and increase your…
-
Introducción: La Auditoría no es cuestión de “Si”, sino de “Cuándo” Para muchos dueños de negocios en Los Ángeles, recibir una carta del California Department of Tax and Fee Administration (CDTFA) genera más ansiedad que una carta del IRS. ¿Por qué? Porque las leyes del impuesto sobre las ventas (Sales Tax) en California son complejas,…
-
📋 The 3 Easiest Ways to Organize Small Business Expenses in California If you’re a small business owner in California, keeping your expenses perfectly organized isn’t just about taxes—it’s about staying compliant, maximizing deductions, and knowing your true profitability. Chaos is costly. As a financial controller with 18+ years of experience, I know not everyone…
-
In California, a single sentence can cost a small business $50,000 or more: “Oh, don’t worry, they’re just a 1099 contractor.” This common phrase—and the misunderstanding behind it—is the single biggest compliance “nightmare” facing Los Angeles business owners. Assembly Bill 5 (AB 5) fundamentally changed the rules. The old “if-they-say-they’re-a-contractor-it’s-fine”-test is long gone. Now, the…
-
Choosing the right bookkeeping service is a crucial step for Los Angeles small business owners seeking to maintain accurate financial records, stay compliant with tax laws, and gain actionable insights into their business performance. Whether you’re a startup or an established business, finding a bookkeeping provider experienced in the unique demands of the LA market…
-
Running a small business in California comes with unique financial challenges and regulatory requirements. This comprehensive guide walks you through everything you need to know—from foundational bookkeeping to complex tax obligations—to stay compliant, maximize deductions, and build a financially healthy business. Why Small Business Accounting Matters in California Accurate accounting is the backbone of any…
-
You’ve done everything right — you’re a safe driver, your car’s getting older, and you haven’t filed any claims. So why does your car insurance premium still go up every year? Shouldn’t your insurance cost less as your vehicle depreciates? If you’ve ever felt blindsided by a premium increase, you’re not alone — and you’re…