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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...
Washington’s New Sales Tax Rules: What Solopreneurs and Small Business Owners Need to Know

Washington’s New Sales Tax Rules: What Solopreneurs and Small Business Owners Need to Know

by Joshua Ott | Oct 14, 2025 | South Sound Spotlight, Tax Planning

What You’ll Learn in This Post What the new Washington State sales tax law (ESSB 5814) means for service-based businesses. Which industries are now required to charge retail sales tax. How to adjust your contracts, pricing, and accounting systems to stay compliant....
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...
Year-End CPA Prep: What Tacoma Business Owners Can Do Now to Save Time (and Money)

Year-End CPA Prep: What Tacoma Business Owners Can Do Now to Save Time (and Money)

by Joshua Ott | Sep 22, 2025 | Tacoma Community, Tax Planning

What You’ll Learn in This Post Why CPA-ready books save Tacoma business owners both time and money. How reconciling accounts, payroll, and quarterly reports reduces errors and stress. The importance of organizing receipts and flagging outstanding invoices  Steps you...
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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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