Getting Started with Metrics and KPIs in Your Inland Empire Business

Garrett & Associates, CPABlog

Your car dashboard tells you how far you’ve driven and how much gas is left in the tank. Your smartphone has a button to tell you how much space you’ve got left after taking all those pictures of the kids. Your bank’s all too happy to show you a report on how your accounts are doing. You need the same … Read More

Garrett & Associates, CPAGetting Started with Metrics and KPIs in Your Inland Empire Business

Garrett & Associates, CPA on Managing Small Business Loan Options

Garrett & Associates, CPABlog

The big, emergency SBA loan programs for small businesses (like yours) that were launched (PPP) and expanded (EIDL) over the last couple of years are moving back from the radar or wrapping up. That said, there are still great options for funding your Inland Empire business. Including NEW government programs (like the SSBCI, for one — more about that from … Read More

Garrett & Associates, CPAGarrett & Associates, CPA on Managing Small Business Loan Options

Worker Classification Steps for Inland Empire Businesses in 2022

Garrett & Associates, CPABlog

And the books turn over. As we step over the threshold into 2022, we’re all staring at much lower numbers in our P/L’s. It’s a new slate, and the possibilities are endless. What will you do in 2022? That’s the question of the hour … and it has much less to do with outside circumstances than it does with YOU. … Read More

Garrett & Associates, CPAWorker Classification Steps for Inland Empire Businesses in 2022

4 Year End Tax Strategies for Inland Empire Businesses

Garrett & Associates, CPABlog

Before I dive into some year end tax strategies Inland Empirebusiness owners can and should be making, I want to address some rumors and misinformation about the SALT workarounds that are available to some of our clients (though not all). Essentially, 22 states (as of this writing) have enacted legislation that enables business owners operating in a partnership or S-corp … Read More

Garrett & Associates, CPA4 Year End Tax Strategies for Inland Empire Businesses

Ursula Garrett’s “Help Us to Remember” Holiday Prayer

Garrett & Associates, CPABlog

It’s Monday the 20th, as I put this together, and many of our Inland Empire clients and friends are gearing up for a very different kind of holiday week. I’m very aware that while the holidays are a time of joy for many, they are just as often a time of pain for a significant portion of my contacts as … Read More

Garrett & Associates, CPAUrsula Garrett’s “Help Us to Remember” Holiday Prayer

How Your Inland Empire Business Can Fight Inflation

Garrett & Associates, CPABlog

Whether you like it or not, you’ve most likely found yourself in a fight against inflation. Somebody hikes prices on your supplier and suddenly your supplier has no choice but to increase the price on you. Then you have no choice but to raise the price on your customer – who (even if they don’t tell you) notices … you … Read More

Garrett & Associates, CPAHow Your Inland Empire Business Can Fight Inflation

Year-End Business Tax Strategy for Inland Empire SMB Owners

Garrett & Associates, CPABlog

There are many of our clients for whom this time of year is like their version of the Super Bowl. Some Inland Empire businesses are earning 30-50% (or more) of their yearly revenue in this one month. Others … well, this is a normal month — except of course for all of the holiday craziness. But for ALL of our … Read More

Garrett & Associates, CPAYear-End Business Tax Strategy for Inland Empire SMB Owners

The Infrastructure Act and Your Inland Empire Business

Garrett & Associates, CPABlog

Blink, and we’re already into December. Which also means… 2022 is right around the corner. Are you ready? The reason I put this so starkly is that you and I have less than 30 days left to make a tangible difference on your taxes (business or personal). For your business (whether it’s a pass-through entity like an LLC or a … Read More

Garrett & Associates, CPAThe Infrastructure Act and Your Inland Empire Business

Ursula Garrett’s Thoughts on Being Thankful in Difficulty

Garrett & Associates, CPABlog

“It was the best of times. It was the worst of times.” I think we can agree that Charles Dickens’s famous lines ring true when looking back at 2020 and 2021 (though “best” might seem like a stretch). With employees shifting their worlds to make room for new priorities, disruptions to supply chains, new government regulations, and so on, we’ve … Read More

Garrett & Associates, CPAUrsula Garrett’s Thoughts on Being Thankful in Difficulty

Inland Empire Business Owners: Beware the Sales Tax Nexus

Garrett & Associates, CPABlog

If your Inland Empire business sells a lot online, then we’re coming into the most wonderful time of the year. And this year, your customers will probably shop your website (and elsewhere online) EARLY in order to bypass all those supply-chain snafus. Cha-ching for you. Just don’t forget the taxman – and we don’t mean the IRS. We mean the … Read More

Garrett & Associates, CPAInland Empire Business Owners: Beware the Sales Tax Nexus