Blog
Business
Practical guidance for business owners on bookkeeping, payroll, compliance and running the finances of a growing company, from the CPAs at NexusWorks in Torrance, CA.
Latest articles
Missed or Just Met the October 15 Tax Deadline? What to Do Next
What to do after the October 15, 2026 extended deadline: confirm acceptance, reconcile payments, limit penalties if you filed late, and how California rules differ.
How Do You Calculate the Restaurant FICA Tip Credit (Section 45B)?
How restaurants calculate the Section 45B FICA tip credit on Form 8846, why the benchmark is $5.15, and how to claim missed credits for earlier years.
12 Questions to Ask Before Hiring a Small Business CPA in Los Angeles
Twelve questions, grouped into four areas, to compare small business CPAs in Los Angeles, with a scorecard and red flags to watch for.
Is Cost Segregation Worth It With 100% Bonus Depreciation in 2026?
How cost segregation and restored 100% bonus depreciation work for rentals acquired after January 19, 2025, with a worked example, loss limits and recapture.
What Do Surety Underwriters Look For in a Contractor WIP Schedule?
How sureties read a construction WIP schedule, how underbillings and overbillings work, and which level of CPA financial statements bonding may require.
Missed the Restaurant Tip Credit? How to Claim It for Prior Years
How restaurants find and claim missed Section 45B FICA tip credits in open years, the records needed, and how the employer credit differs from the new employee tip deduction.
Does a Foreign-Owned U.S. LLC Need a Registered Agent and Annual Filings?
What a registered agent covers, how state filing obligations differ in Delaware, California and Wyoming, and how foreign owners keep a U.S. LLC in good standing.
What Is a Reasonable S Corp Salary for Doctors and Dentists?
How medical and dental S corporation owners set a defensible salary, how it affects payroll tax and the Section 199A deduction, and where a cash balance plan fits.
How Do Amazon and Shopify Sellers Find Their True Profit Margin?
Why marketplace deposits are not revenue, how to reconcile Amazon and Shopify settlements, cost inventory at landed cost and read margin by SKU and channel.
Have a question an article can’t answer?
Book a 15-minute call and get a straight answer for your situation.