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Jim saved my life so that I was able to retire and solve all my IRS tax debt problems! He saved me over $300,000 in back IRS Taxes thru his skillful negotiating in Offer In Compromise.

J. Hernandez

Hey Greater Sacramento Business Owners, Do You Understand The Value of Time?

How are you and your Greater Sacramento business hanging in there these days? I'd be interested in what kind of revenue you're managing (unless you've already given us visibility into your books -- I can see for myself).Shoot me an email, and let me know. I might have...

Your Sacramento Business Better Have Learned These Small Business Tips…

The return of March Madness this past week was a big reminder of everything that has happened in just one year. In my opinion, it was the canceling of this event in 2020 that made the entire nation (including those of us in Sacramento to) sit up and take notice that...

New FinCEN Reporting Requirements for Sacramento Businesses (Part 2)

Memorial Day doesn’t always mean rest for the small business owner — depending on what kind of industry you’re in.There’s often a lot of hustle around national holidays (special promotions, big sales, holiday weekend shopping). And debt ceiling deals to make,...

Ornelas’s Six Lesser-Known Small Business Tax Strategies

Admittedly, there’s a lot going on in the country right now. My encouragement: don’t let yourself get caught up in doomscrolling, echo chambers, or just watching the news round the clock. It’s good to be informed, but hypervigilance won’t help fix any...

Ornelas & Ornelas’s Tips for 2023 Small Business Tax Planning

Forward-thinking is a must in business… that goes for your taxes too. And I’m going to dive into what that looks like today. But first, let’s talk about your tax filing. The S corp and partnership filing deadline is coming up (March 15 to be exact). While we’ll...

About That PPP Forgiveness Application for Greater Sacramento Businesses

I have a few quick-hit things to cover today.The first of which relates to some timing issues. Labor Day is behind us (though many of my Greater Sacramento business owner friends and clients don't really take time off for that).(You can't really take a vacation in the...

Why Sacramento Married Owners Might Choose the QJV Route

Remember three years ago when you depended on Zoom for work meetings and virtual schooling for your kids? While you’re probably really grateful the second one isn’t a reality anymore, the first one still had its appeal (unless something like this...

Sacramento Businesses Facing EIDL Repayment

It’s February 2020. Your Sacramento business is thriving thanks to the uptick in the economy in 2019, and this year looks to be one of possibility and growth. Then, March 2020 rolls in. A rampant virus spread brings lockdowns nationwide, and your business begins...

Keeping Expenses Separate in Your Sacramento Business

Did you see the Barbie movie or Oppenheimer this weekend? Or jump in with the 200,000 other Barbenheimers and see both?In case you didn’t, your social media feed likely filled you in on what you missed (or didn’t, depending on your view of these things).What a weekend...

Keeping Your Greater Sacramento Business Focused During Distracting Times

Apparently there's some news happening around us in Greater Sacramento these days.I often use this space to share Northern Ca-specific, detailed information about PPP forgiveness, tax code updates, leadership and marketing strategy, expense reduction, and more -- all...

How You're Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

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