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The Hidden Risks of Commingling Business and Personal Funds

The Hidden Risks of Commingling Business and Personal Funds

by Joshua Ott | Oct 7, 2025 | Bookkeeping, Budgeting, Tax Planning

What You’ll Learn in This Post Why mixing personal and business funds causes serious tax and legal headaches. How commingled accounts can undermine your business valuation and credibility. Simple, practical steps to keep transactions clean and compliant. How Tacoma...
Bookkeeping Basics Every Startup in Tacoma Should Know

Bookkeeping Basics Every Startup in Tacoma Should Know

by Joshua Ott | Sep 16, 2025 | Bookkeeping, Tacoma Community

What You’ll Learn in This Post Why bookkeeping is a critical foundation for startups in Tacoma and Pierce County. Common mistakes new business owners make when setting up their books. Four bookkeeping basics every startup should establish right away. How local support...

Quarterly Reporting in Washington: What Small Business Owners Need to Know

by Joshua Ott | Sep 9, 2025 | Bookkeeping, South Sound Spotlight, Tax Planning

What You’ll Learn in This Post Why quarterly tax and wage reports are required for Washington State employers.  The difference between “zero payroll” and “zero hours” — and why it matters for compliance.  Key information you’ll need to include in your filings to avoid...
Cash Flow Crunch? 5 Strategies to Stay Ahead Without Taking on Debt

Cash Flow Crunch? 5 Strategies to Stay Ahead Without Taking on Debt

by Joshua Ott | Sep 3, 2025 | Bookkeeping, Budgeting

What You’ll Learn in This Post Why cash flow is one of the most common challenges for Tacoma and Pierce County business owners. How forecasting can give you an early warning system for potential shortfalls. Practical ways to tighten up invoicing and speed up customer...
The Real Cost of DIY Bookkeeping: When Saving Time Starts Losing Money

The Real Cost of DIY Bookkeeping: When Saving Time Starts Losing Money

by Joshua Ott | Aug 11, 2025 | Bookkeeping, Tax Planning

What You’ll Learn in This Post This post outlines the hidden costs of DIY bookkeeping for small businesses. Learn about the most common errors business owners make—like missed deductions, reconciliation mistakes, and misclassified expenses—and why working with a...
QuickBooks vs. Bookkeeping Support: What’s the Difference—and Do You Need Both?

QuickBooks vs. Bookkeeping Support: What’s the Difference—and Do You Need Both?

by Joshua Ott | Jul 22, 2025 | Bookkeeping, Tax Planning

What You’ll Learn in This Post: QuickBooks makes it easier for small business owners in Tacoma and beyond to manage their finances—but at a certain point, many start to wonder: Is this enough? In this post, we break down the difference between QuickBooks and...
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Recent Posts

  • Washington’s New Sales Tax Rules: What Solopreneurs and Small Business Owners Need to Know
  • The Hidden Risks of Commingling Business and Personal Funds
  • How to Pay Yourself as a Small Business Owner
  • Year-End CPA Prep: What Tacoma Business Owners Can Do Now to Save Time (and Money)
  • Bookkeeping Basics Every Startup in Tacoma Should Know

J. Ott Business Solutions

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(253) 569-0362

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Tax Prep | M & A – Mergers & Acquisitions
​Serving all of Pierce County Washington and the Pacific Northwest

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