For Small Businesses

Small Business Services

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What our Clients are saying

Establish Greater Profitability and Business EffICIENCY!

Your business’ profitability and operational efficiency are at the center of your business’ success!

Our experience, resources, and attention to detail make our accounting services second-to-none. As an experienced accounting team, we look forward to the opportunity to help transform your business’ financials as we work with you to establish short- and long-term strategies for growth and profitability.

Working with us and enlisting our business services could make all the difference!

Whether you need help starting a business, cleaning up your bookkeeping, setting up QuickBooks, handling payroll, or you crave some much-needed business coaching or other strategic consulting, we have been doing this for years, and stay on top of all of the new regulations to help you take the most advantage possible. Legally, and ethically — and profitably.

We work with our clients in a relational way to help them experience the financial success they desire — whether the business is just an idea, relatively new, or a well-established entity. Whether small, large, or in need of some special attention, we have the experience you need so that you can focus on what your business does best.

Does bankruptcy clear tax debt? Barnes Accountancy Corporation’s Take

Bankruptcy is a taboo subject of discussion in our society, despite the fact that it’s a perfectly legitimate tool for flushing debts and starting over financially. When you’re deep in the hole with credit card debt, medical debt, mortgage debt, and the like,...

Three New Tax Implications for Buying or Selling a House in the Southern California Area

Sometimes real estate is more art than science.Because every homebuyer's situation is nuanced from home to realtor to geographic location, there's no cut-and-dried way to go about it, and that's whether you're investing, moving or selling.But there are a few things...

The Important Details of Mortgage Forbearance For Southern California Taxpayers

Here we are, just out of perhaps the oddest Memorial Day weekend in memory.The summer is here! But it feels like much of our country is still mired in winter. And that feels like it is still the case, no matter the hints of progress against this virus, and no matter...

Controlling Your Tax And Financial Strategy In The Midst Of Chaos By David Barnes

Still no guidance from the IRS about the payroll tax "holiday" (deferral), so it's extremely unlikely that your Southern California employer will be ready -- simply because the major payroll companies (Paychex, ADP, Gusto, and many others) don't have the answers to...

Post-Stimulus Taxes for 2020

I mentioned last week the key provisions of the "American Rescue Plan," while it was just proposed legislation.Now that the House has passed it, there is more meat on those bones. I'll run it all down for you once it's been signed by the President, but the key...

The Real Risk From An IRS Audit by David Barnes

You see that piece of mail in your mailbox with the IRS letterhead, and a certain fear kicks in.(Unless, of course, you've "been there, done that", and you had us on your side).But the natural fear of what the IRS might be wanting to tell you (the dreaded audit!) can...

Third Stimulus Package Update For All Southern California Taxpayers

Despite what you might think, being a tax accountant is NEVER boring.We have all kinds of fun amusements that keep us going.We play little games like: "Guess The New Tax Law That Will Change Returns That Have Already Been Filed" -- catchy title, I know, and we get to...

Being Financially Independent: Planning for the Future Starts Now

I'm going to stick with last week's theme on being financially independent because I got some nice feedback.Before I get there, a quick word about the IRS for our friends in Southern California...Per Kiplinger, as of June 25, the IRS had a backlog of 16.7 million 2019...

Debunking Estate Plan Myths For Southern California Taxpayers (Part 2)

We're diving in, with sleeves rolled up, with a bunch of our Southern California area tax preparation clients in creating the best tax return possible for their 2020.Get on our list here: 714-541-4338But here at Barnes Accountancy Corporation we're also keeping an eye...

How COV-19 Affected Annual RMD for Southern California Retirees

With a third round of "stimmy" (as the kids say) hitting bank accounts for the past week, 90MM+ Americans (including some of us in Southern California) are once again flush with cash. It remains to be seen what this will do for the economy, but combined with what...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

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