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: 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 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 Small business financial consulting from Clear Action Business Advisors provides personalized guidance to help small business owners enhance profitability and tackle financial challenges
Key Takeaways: Tax Savings = Business Growth: Tax planning helps reduce tax bills, allowing you to save money for business expansion, investment, and growth opportunities.
Key Takeaways: Tax planning is a continuous process that enhances financial health and sustainability. Proactive strategies help minimize tax liabilities and optimize financial resources. Significant
Key Takeaways: Maximize Deductions & Credits: Reduce taxable income with eligible expenses and tax credits. Utilize Section 179 Deduction: Deduct the full cost of qualifying
Key Takeaways: Strategic tax planning optimizes profits and ensures compliance. Minimizing tax liabilities enhances financial stability. Corporate tax rates impact investment decisions. Choosing the right
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
