Get Capital Investments
Financial Statements many times need a Review for a potential investor or a loan. Our CPAs can complete a Review of your Financial Statements for banks and investors.
Meet the Professional Standard
GAAP is the standard worth following because it ensures an accounting methodology that is consistent and sound. Further, banks and investors will require it when deciding whether or not to inject capital into your business.
Access from Anywhere
Gone are the days of your accounting being chained to the chair at the office. QuickBooks Online is terrible for any business larger than a startup. The Sloan Accounting Cloud will put give you QuickBooks Enterprise with advanced analytics so we get the real time analysis you need.
We Get Your Accounting Right
Accounting is difficult to keep right. When it's not, you have no idea how your business is doing. Relying only POS monitoring is foolish. Therefore, we make accounting a first priority so you know how the business is doing.
Compliant Payroll
Spending money on ADP or Paychex is truly a waste of money. Our team ensures every payroll accurately contains the nine mandatory requirements, meal break pay for commissioned employees, and regular, premium, double time, sick, vacation, commission, bonus, overtime, reporting time, waiting time and piece rate types of pay.
IRS Tax Advocates
It's easy to get behind. We will handle your issues with the IRS, get you on payment plans, get waivers where possible and get your business back on track. We promise you will sleep better with Sloan handling your IRS issues.
Painless Payroll Audits
Audits happen. It's just part of doing business in California. We represent you to the EDD and manage the audit process for you.
Paid vs. Non Paid Interns in California
QUICK FACTS
- New rules as on January 1, 2018 apply a guideline of seven factors to be met.
- Work should complement, not displace, the work of paid employees.
- All seven factors need not be met, but they will be used in a dispute to determine whether or not an unpaid intern is proper.
- If it looks like a duck (an employee), quacks like a duck (not much difference between the intern and another employee), then it’s a duck (it will be ruled the intern is actually an employee and wage and hour violations will be assessed on your company).
For the full story, go to the Sloan Accounting Blog
Deductible Car Wash Expenses
Whether a car wash is directly deductible or not depends on how you claim your vehicle. Let's assume you are correctly using your car for business purposes (not using it for just to and from work which is not allowed), then it depends on whether you're using the Standard Mileage Rate Method or using the Actual Expenses Method.
If you're using the Actual Expenses Method, then you should be claiming the actual expense of washing and polishing your vehicle. There are several things to consider before deducting a vehicle for business use.
For the full story, go to the Sloan Accounting Blog