707-584-1040

Rules on Deduction Business Start-Up Expenses

A new decision by the U.S. Tax Court drove home the importance that current deductions are not allowed for most new businesses start-up expenses. The appropriate tax treatment for start-up costs has been a continuous confusion for taxpayers, leading business owners to...

Refinance Debts to Trip Interest Cost

When you notice that interest rates are dropping, you should benefit from the dip and refinance your current business so that you can place more dollars in your pocket. Unquestionably, you can check if your bank can cut the interest percentage on your loan by two or...

Incorporating Your Business In California

Hi. I’m Tim Mayclin, CPA from Rohnert Park, California. If you’re thinking about incorporating your business, there’s a few requirements that you must do every year to maintain your corporate status in good standing. In California, you need to file a...