Pantana CPA

Nobody wants to deal with the hassle of switching accountants. But sometimes, businesses feel like they have no choice. Whether it’s missed deadlines, unanswered emails, or a lack of proactive advice, an accountant who isn’t meeting expectations can cost you time, money, and peace of mind. At Pantana CPA, we’ve had plenty of conversations with business owners who came to us frustrated with their previous accountants. And after hearing their stories, we’ve noticed some common themes. So, let’s talk about the top three reasons businesses fire their accountants—and how to make sure you never find yourself in that situation. By far, the number one complaint we hear from businesses looking for a new accountant is… Think you might need a new accountant? Don’t get duped! Click below to read this week’s blog and learn how to spot the signs. ?? https://lnkd.in/e6dZJsYv

Keeping personal and business finances separate is essential for accurate deductions. Use a designated business account and credit card to track expenses, ensuring nothing slips through the cracks. Mixing accounts not only complicates bookkeeping but also risks missing valuable deductions. Stay organized and protect your bottom line by setting clear financial boundaries—it’s a simple change that makes a big impact.

Week 3 of Tax Season Takedown was all about love and competition! ?? From a Valentine’s-themed Family Feud showdown to tic-tac-toe with a festive twist, the Fiscal Furies dominated both games! Kyle nailed the Guess the Candy challenge, while Jennifer stole hearts (literally) in the scavenger hunt. But the real mystery? Three hidden hearts are still out there! ?? Keep searching, and stay tuned for next week’s showdown!

You deserve financial education that’s tailored to your unique needs and goals. We’ve helped hundreds of clients figure out what they need and create plans to increase profit! Get your free financial health checkup and take the first step toward financial clarity! ?? https://lnkd.in/er9PMUpp

While you might not need full-scale services as a new business owner, getting help with taxes and financial systems early can save you from costly mistakes. Accountants do more than crunch numbers—they provide clarity and peace of mind. Don’t wait for financial issues to pile up; get ahead with professional guidance. Whether you're starting out or scaling up, an accountant can help set a strong foundation for your success.

Picking the right type of business is a big deal for anyone starting their journey. It doesn’t just shape how the business runs—it also affects how much you’ll pay in taxes. Today, we’ll break down different business types and their tax benefits to help you figure out what might work best for you. If you’re new to owning a business or starting small, a sole proprietorship or single-member LLC is often a good choice. With a sole proprietorship, your business earnings are included on your personal tax return, making it simple to file. A single-member LLC works the same way for taxes but adds an extra layer of protection for your personal assets. This setup is great for trying out a new business idea. It’s easy to handle and lets you focus on growing your business without worrying about tricky tax rules. If your business is making steady money, you might look into becoming an S Corporation (S Corp). This option works well for businesses with one or more owners who are actively involved and making at least… Not sure if you have the right business structure? Click the link below to learn about different business types and their tax benefits, and find the best fit for you! https://lnkd.in/e3aW3CXY

Just 5 more minutes turns to 30 quick! Don’t forget your ‘just in case alarm’ everyone.

We’re a team of skilled professionals dedicated to serving clients with integrity and expertise. Why? Because good accountants don’t just crunch numbers—they help you truly understand your business. Get your free financial health checkup and see how we can help you understand your business and empower your financial success. ?? https://lnkd.in/er9PMUpp

Many business owners overlook valuable deductions like cell phone usage, travel expenses, and software subscriptions. These small but impactful deductions add up, saving you money to reinvest in your business. To track them, use accounting software, keep detailed records, and maintain separate business accounts. Don’t leave money on the table—stay organized and informed to make tax time stress-free.

You’re more than welcome to stop by the office Daisy! There are no cats or seagulls here. ??