by Joshua Ott | Dec 2, 2025 | Bookkeeping, Budgeting, Payroll, South Sound Spotlight, Tax Planning
What You’ll Learn: What your profit and loss, balance sheet, and cash flow reports actually show How these reports work together during year-end planning Key insights small business owners in Tacoma and the South Sound can pull from their numbers How regular reporting...
by Joshua Ott | Nov 25, 2025 | Bookkeeping, Business, Tax Planning
What You’ll Learn in This Post How S-Corp status works for small businesses in Washington Why some Tacoma and Pierce County owners choose it The advantages that can reduce your annual tax burden The drawbacks that surprise many first-time S-Corp owners When it makes...
by Joshua Ott | Nov 21, 2025 | Bookkeeping, Payroll, Tax Planning
What You’ll Learn in This Post What a full-charge bookkeeper actually does How full-charge bookkeeping differs from basic data entry Why monthly reconciliations, clean records, and financial reporting matter When small business owners in Tacoma should delegate...
by Joshua Ott | Nov 13, 2025 | Bookkeeping, Tax Planning
What You’ll Learn What happens if you miss a tax deadline in Washington How to minimize penalties and get caught up quickly When to call in professional bookkeeping support What To Do if You Miss a Tax Deadline in Washington What To Do if You Miss a Tax Deadline in...
by Joshua Ott | Nov 4, 2025 | Bookkeeping, Tax Planning
What You’ll Learn What bookkeeping clean-up services actually include Why catching up on your books matters for your business health Common warning signs that your books need attention How professional clean-up saves time, money, and stress How J. Ott 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...
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...
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....
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...
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...
