Greg Dunn

Small business finances can be tricky — but the most common mistakes are avoidable. In my latest blog, I break down 5 financial missteps that I see too often from small business owners here in Modesto — and how to prevent them. If you’re trying to grow your business with more clarity and less stress, this one’s for you. 🔗 Read here: https://lnkd.in/g8dPWANp #SmallBusinessFinance #ModestoBusiness #AccountingTips #MangalCPA #BusinessGrowth

**You’re leaving money on the table by going it alone** Most founders, partners, and practice owners assume the next phase of growth or transition is just a matter of finding the right buyer, advisor, or specialist. Yet too many ignore the hidden value that emerges only when CPA firms, RIA founders, and M&A-minded business owners collaborate from the outset. The result: missed opportunities in succession, valuation, client retention, and trust. Here’s what happens when these three worlds start working together, instead of in silos: 1. **Faster growth through strategic referral networks** CPA firms have something every RIA and M&A leader wants: trust-based client relationships. When these networks align, best-in-class referrals flow seamlessly, leading to stickier clients, faster wins, and more attractive combined offerings. 2. **Stronger sales and superior deal outcomes** Buyers and sellers who involve both their accounting and advisory teams surface and address hidden risks faster. Real numbers meet real-life client goals, boosting confidence on both sides and enabling easier, higher-value deal terms. 3. **Smarter transition planning for firm longevity** Succession isn’t just about leadership handoffs or spreadsheets. When your CPA, your advisor, and your acquirer are in sync, continuity planning keeps key people engaged, clients loyal, and the culture intact, long after signatures are on the dotted line. Here’s the uncomfortable truth: most firms see collaboration as optional, not essential. The strongest results come when you challenge that assumption and put all your experts in the same room early in the process. That’s where Marketing comes in, we build the bridge between the disciplines and ensure every stakeholder wins. If you could redesign your next big move, who around the table is missing? Where are you leaving value untapped by thinking too narrowly? #Marketing #Leadership #MarketingStrategy #DigitalMarketing #ContentMarketing #CPA #RIA #Wealth #tax Visit the site for more insights

The Planning Conversation to Have With Your CPA The strongest 1031 exchanges and year end strategies start with one focused meeting. Use that time to map equity, debt, timelines, and documentation so you reduce surprises and keep your options open. Topics to cover in the meeting • Your 2025 gains and losses across real estate, business, and securities • Basis, depreciation taken, and potential depreciation recapture • Estimated net sale price, net equity, and the loan payoff you expect at closing • The amount of debt you may need to replace, or the cash you would contribute instead of new financing • State tax exposure and filing requirements • Liquidity targets for taxes, reserves, and living needs If you are selling real estate • Confirm the simple 1031 equation Replacement purchase price should be at least your net sale price Equity invested should be at least your net equity Debt paid off should be replaced with either new financing or additional cash • Identify whether you prefer new financing, additional cash, or a blend • Review how closing costs, credits, and reserves will appear on the closing statement • Align on the identification window and the 180 day completion deadline • Discuss whether a Delaware Statutory Trust could fit your goals Some DSTs use property level, nonrecourse financing that is proportionally allocated to investors. This structure may help with debt replacement without personal guarantees. Terms vary and risks apply. If you realized gains outside of real estate • Ask about timing rules for Qualified Opportunity Funds • Review the 180 day window and basis mechanics • Coordinate with your advisor team so liquidity and tax estimates match your plan Documents to bring • Draft closing statements, loan payoff letters, and estimated prorations • Depreciation schedules, prior year returns, and current year 1099s or K 1s • A draft list of potential replacement properties or DST offerings for review • A written outline of your liquidity target and risk tolerance For IRS reporting mechanics and examples of how boot can arise, see the IRS Instructions for Form 8824: https://lnkd.in/ghhdS2id Takeaway Decide in advance how you will handle debt replacement, how much liquidity you will keep, and how you will meet the 45 day and 180 day timelines. One thorough conversation with your CPA can turn deadlines into decisions. #1031Exchange #DebtReplacement #Tax #DST #WealthPlanning #CPA Important disclosures Securities offered through Great Point Capital, LLC, Member FINRA and SIPC. Advisory services offered through Quincy Wells Advisors, LLC.. Certain investments, including DSTs and other private placements, are illiquid, involve risk including loss of principal, and may be available only to accredited investors. This material is educational and not tax, legal, or investment advice. Consult your own tax and legal professionals.

🚨 Most small businesses are leaving THOUSANDS on the table with the new 2025 tax laws. The One Big Beautiful Bill Act (OBBBA) just created the biggest tax opportunity in decades—but 90% of business owners have no idea it exists. Here's what changed: ✅ 100% bonus depreciation is now PERMANENT (not expiring like before) ✅ Section 179 deductions expanded to $2.5 million ✅ R&D expenses can be deducted immediately again ✅ Enhanced QBI deductions with guaranteed minimums The problem? These aren't simple checkbox deductions. They require strategic analysis that most generic software and discount preparers completely miss. A McAllen accounting firm just launched a specialized service targeting these exact opportunities—and they're reporting that businesses using similar strategies earned 40% more revenue on average. The math is simple: If you're not actively leveraging these new provisions, you're essentially paying a "complexity tax" that your competitors aren't. While others struggle with outdated strategies, smart business owners are turning these law changes into competitive advantages. The window to maximize 2025 savings is closing fast. What's your biggest challenge with navigating the new tax landscape?

📢 Attention Small Business Owners & Tax Pros! 📢 Get a head start on your year-end tax planning with the major changes from the new "One Big Beautiful Bill Act" (OBBBA) that will impact your 2026 taxes. Here are some of the key takeaways: ✅ 100% Bonus Depreciation is now permanent for qualifying property. ✅ Section 179 Expensing limit increased to $2.5 million. ✅ "No Tax on Tips" & "No Tax on Overtime" are new deductions, but with specific rules. ✅ New Senior Deduction of up to $6,000 for those 65+. ✅ Important updates on S-Corp reasonable compensation and health insurance for S-Corp shareholders. 👉 Drop a 💰 in the comments or send me a DM to schedule your year-end tax strategy session — let’s make these changes work in your favor. #taxplanning #yearendtaxplanning #taxstrategies #smallbusiness #taxtips

When was the last time you had a strategic conversation with your CPA outside of tax season? 📊 For many Central Valley business owners, those proactive discussions are where real growth happens. From evaluating your entity structure to improving cash flow planning and preparing for long term succession, the right conversations can strengthen your business year round. 💼📈 In our latest blog, DeMera DeMera Cameron, LLP outlines the key topics every business owner should be discussing with their CPA to stay competitive and financially prepared. Read the full article here 👇 https://lnkd.in/gGf7_AvU #CentralValleyBusiness #CaliforniaCPAs #BusinessTaxPlanning #FresnoBusiness #ClovisCA

Here’s how to lower next year’s tax bill — and it starts before December. 🧾 Early planning beats last-minute fixes every time. Use this CPA roadmap to position your business (or household) for real, defensible savings: 💡 Max out retirement & HSA contributions 💡 Review entity & depreciation strategy 💡 Capture eligible credits before year-end 💡 Clean your books and close monthly 📥 Grab the Tax Planning Starter Kit and start your year-end planning now. #TaxPlanning #BusinessTax #CPA #AccountingInsights #AccountLogik

𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁? 𝗧𝗮𝘅𝗮𝗯𝗹𝗲 𝗼𝗿 𝗡𝗼𝘁 Ethan the CPA does the books and tax returns... and instead of cash, he gets 20% of the partnership. Sounds like a chill equity deal, right? Here is the trap: do you tax him on the partnership's basis... or the real value of what he just got? When you get a CAPITAL interest in a partnership for services, that is basically getting paid. So you recognize ordinary income equal to the FMV of the interest you received. Here, the partnership's assets are worth $90,000, and Ethan gets 20%. Key takeaway: Never forget: Capital interest for services = compensation. Tax it at FMV, and it is ordinary income. Watch the 60-second breakdown: https://lnkd.in/eGd9ikQS --- Enrolled Angel | EA Exam Prep - Part 2: Businesses (Hard, 27% pass rate) 3,000+ practice questions at https://enrld.com Try Pro FREE with code FREETRIAL: https://enrld.com/pricing #EnrolledAgent #EAExam #TaxPrep #IRS #Accounting

What becomes possible if your technical experts spend 70% of their time on high-judgment work? That is the question many firm leaders are asking as AI conversations accelerate. You want growth. You want efficiency. But you do not want to burn out your best people. L. Gary Boomer addresses this directly: “You do not need to change your people; you need to build the right system around them.” His four-attribute system, staff on demand, algorithms, dashboards, and community, creates that structure. It protects expertise while automating the routine. The risk of standing still is drift. The opportunity is a firm designed for leverage, clarity, and advisory growth over the next 18 to 36 months. Read the full framework: https://boomer.link/r29 #CPAfirm #AccountingLeadership #AdvisoryGrowth #AIinAccounting

🧾 If Your S-Corp Has No Bookkeeper… We Need to Talk Running an S-Corp without a bookkeeper isn’t saving money—it’s creating risk. 🧑🏽‍💼Payroll must align with your W-2 and 1120-S. 📊Distributions must match accurate equity balances. 📅Quarterly estimates depend on real numbers, not guesses. When the books are off, tax filings are off. And that’s how IRS notices start. An S-Corp requires ongoing financial oversight—not just tax filing once a year. If your books haven’t been reviewed recently, it’s time to address it. 👉 My Financial Home supports S-Corp owners with bookkeeping, accounting, and compliance—so issues are handled before they escalate. Message us to learn more. #SCorpCompliance #BusinessAccounting #TaxStrategy #IRSCompliance

The smartest tax decisions start long before you file. And the right CPA services can turn small choices into measurable, long-term savings. Many people think tax savings only happen when you sit down to file a return, but the article makes it clear that the biggest results come from year-round planning. Strategic tax planning lets a CPA study your income patterns, spending habits, and business structure to find savings that would otherwise stay hidden. By choosing the right entity type, timing income correctly, and organizing expenses in a clean way, you build a tax plan that works in advance instead of reacting when it’s too late. This type of planning also helps you understand which deductions are safe, which ones bring the biggest value, and how to structure financial decisions so they support your long-term goals. It turns a confusing tax system into something you can actually control. Bookkeeping also carries major weight because accurate records give a CPA the data they need to uncover even deeper savings. When your books are clean, every deduction, credit, and write-off becomes easier to support and easier to find. The article explains how consistent tracking of equipment, mileage, home office use, payroll, and contractor payments can significantly raise your return on investment. It also shows that when bookkeeping and tax planning work together, individuals and businesses can cut errors, lower their tax burden, and avoid paying more than they should. With strong systems in place, your CPA can guide you toward better decisions all year, not just at tax time. What do you think creates bigger tax savings: tight bookkeeping systems or advanced tax planning strategies? Let me know in the comments below.