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Should Your San Luis Obispo Business’s Benefits Packages For Employees Include Trump Account Contributions?

Should Your San Luis Obispo Business’s Benefits Packages For Employees Include Trump Account Contributions?

Quick Answer: Adding Trump Account contributions to your employee benefits package is a high-leverage strategy if you, as a business owner, are looking to boost talent retention while slashing your payroll tax liabilities. Employers can contribute up to $2,500...
How to Use AI For Business Growth: 10 Prompts for San Luis Obispo Small Business Owners

How to Use AI For Business Growth: 10 Prompts for San Luis Obispo Small Business Owners

Quick Answer: Learning how to use AI for business successfully relies on using targeted prompts to audit operational drag and organize strategic growth ideas. These practical prompts help business owners turn raw AI brainstorming into actionable meeting prep,...
Should Your San Luis Obispo Business Make an LLC to S Corp Conversion This Tax Year?

Should Your San Luis Obispo Business Make an LLC to S Corp Conversion This Tax Year?

Quick Answer: An LLC to S Corp conversion is an IRS tax status election that becomes financially beneficial once your business achieves $60,000 to $100,000+ in annual net profit. By preserving your legal LLC structure while splitting income into a reasonable W-2...
Succession Planning Best Practices to Maximize Your San Luis Obispo Business’s Final Valuation

Succession Planning Best Practices to Maximize Your San Luis Obispo Business’s Final Valuation

Quick Answer: The core business succession planning best practices come down to three things: giving yourself a 2-to-5-year runway, setting up your team to run the day-to-day without you, and cleaning up your financials. Before you sign any paperwork,...
How Do I Maximize My San Luis Obispo Small Business Tax Write-Offs in 2026?

How Do I Maximize My San Luis Obispo Small Business Tax Write-Offs in 2026?

Quick Answer: In 2026, small business owners can instantly write off the full cost of qualifying equipment, software, and vehicles by pairing the increased Section 179 deduction limit of $2,560,000 with the newly reinstated 100% Bonus Depreciation framework. To...
How to Check Your San Luis Obispo Small Business Profitability Midyear

How to Check Your San Luis Obispo Small Business Profitability Midyear

Quick Answer: A midyear review of small business profitability is a strategic financial assessment that compares your year-to-date revenue and expenses against your initial annual goals. Doing this diagnostic check in June or July allows business owners to stop...
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Burkart & Stevens, CPAs and Advisors

11573 Los Osos Valley Road, Suite B
San Luis Obispo, CA 93405
Phone: (805) 543-6876
Fax: (805) 781-2526

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