Key Takeaways: Taxable income is the portion of income that is subject to tax after deductions and exemptions. Smart tax planning can reduce your taxable
Key Takeaways: More than 60% of businesses face tax penalties each year. Tax professionals help navigate complex tax rules and avoid mistakes. Hiring an expert
Key Takeaways: Smart tax planning can increase profit margins by up to 15%. Income deferral techniques lower current tax bills by deferring earnings to a
Key Takeaways: Tax planning is essential for businesses of all sizes to optimize finances and reduce tax liability. Home office deductions can save you money
Key takeaways: Enhanced Accuracy and Compliance: Technology streamlines tax calculations, reducing human errors and ensuring businesses meet regulatory requirements. Tools like QuickBooks and NetSuite provide
Key Takeaways Proactive tax planning is essential for minimizing liabilities, ensuring legal compliance, and supporting your business’s financial health and growth. Make the most of
Key Takeaways: Start early with tax planning to avoid mistakes and maximize savings. Keep accurate records for smooth filing and to reduce audit risks. Work
Key Takeaways: Deductions VS. Credits: Tax deductions reduce taxable income, while tax credits directly lower your tax bill. Knowing the difference can significantly affect your
Key Takeaways A financial consultant walks small business owners through the process of developing a personalized retirement plan. They tie business targets to personal financial
Key Takeaways Getting to grips with your business’s specific financial requirements is key to determining whether you should pursue DIY financial management or professional consulting.
With 27 years of experience, Joel S. Smith, CPA helps business owners make sense of their finances and drive profitability. A UC Berkeley grad with a Master’s in Taxation, he’s a Certified Public Accountant (CPA) and Certified Management Accountant (CMA).
Joel has worked across industries like real estate, construction, and professional services. As a member of the CFO Project, he provides business owners with the clarity and strategy they need to grow.
About
Clear Action Business Advisors is the top outsourced CFO and CPA firm in the SF Bay Area. We empower businesses owners with expert financial strategies, tailored corrective action plans, and comprehensive financial assessments to enhance operational efficiency and secure future growth.
Need Financial Help?
Sign up now to get the latest news & updates.
© 2015-2025 by Clear Action Business Advisors
