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Preparing for Unexpected Expenses:  Building a Rainy-Day Fund for Your Business

Preparing for Unexpected Expenses: Building a Rainy-Day Fund for Your Business

by Joshua Ott | Oct 29, 2025 | Bookkeeping, Budgeting, Tax Planning

What You’ll Learn in This Post Why every Tacoma business needs a cash reserve for unplanned expenses How to determine the right size rainy-day fund for your business Practical ways to build and maintain those reserves over time Common mistakes business owners make...
Financial Metrics Every Tacoma Business Owner Should Track

Financial Metrics Every Tacoma Business Owner Should Track

by Joshua Ott | Oct 21, 2025 | Bookkeeping, Budgeting, South Sound Spotlight

What You’ll Learn in This Post The key financial metrics that tell the full story of your business’s health. Why tracking these numbers helps prevent surprises and improves decision-making. Practical ways to use metrics to strengthen your cash flow and long-term...
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...
How to Pay Yourself as a Small Business Owner

How to Pay Yourself as a Small Business Owner

by Joshua Ott | Sep 30, 2025 | Budgeting, Business, Growth Strategy

What You’ll Learn in This Post The difference between salary, owner’s draw, and distributions for small business owners How each method affects taxes, cash flow, and lending potential Common mistakes Tacoma and Pierce County business owners should avoid Practical tips...
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...
Year-Round Tax Planning: It’s Not Just a Q4 Job

Year-Round Tax Planning: It’s Not Just a Q4 Job

by Joshua Ott | Aug 19, 2025 | Budgeting, Growth Strategy, Tax Planning

What You’ll Learn in This Post In this post, you’ll discover why tax planning should be part of your business routine year-round. We’ll share simple, practical steps you can start using today to stay organized, reduce stress, and make smarter financial decisions....
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Recent Posts

  • The Pros and Cons of S-Corp Status for Washington Business Owners
  • The Tacoma Small Business Guide to Full-Charge Bookkeeping
  • What To Do if You Miss a Tax Deadline in Washington
  • From Chaos to Clarity: What to Expect from Professional Bookkeeping Clean-Up Services
  • Preparing for Unexpected Expenses: Building a Rainy-Day Fund for Your Business

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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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