Paragon Business Solutions, LLC

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Paragon Business Solutions, LLC Individual and Business Income Tax Preparation, Bookkeeping, and Payroll Services.

07/11/2026

Is your filing jointly helping you save money, or costing you more?

Unlimited paid time off (PTO) has become an increasingly popular employee benefit, offering flexibility and promoting a ...
07/08/2026

Unlimited paid time off (PTO) has become an increasingly popular employee benefit, offering flexibility and promoting a healthier work-life balance. While it can help attract and retain talent, it's not a one-size-fits-all solution. Before making the switch, it's important to consider how it aligns with your company culture, management style, and business needs.

Pros of Unlimited PTO
πŸ“Œ Greater Work-Life Balance: Employees have the flexibility to take time off when needed, which can reduce burnout and improve overall well-being.
πŸ“Œ Improved Recruitment & Retention: Unlimited PTO is an attractive benefit that can help companies compete for top talent and increase employee loyalty.
πŸ“Œ Focus on Results, Not Hours: Encourages a culture that values productivity and outcomes over time spent at a desk.
Reduced Administrative Burden: HR and managers spend less time tracking vacation accruals and PTO balances.
πŸ“Œ No PTO Accrual Liability: Because employees don't accrue vacation time, companies typically don't have to pay out unused vacation upon separation (subject to applicable laws and policy).

Cons of Unlimited PTO
πŸ“Œ Employees May Take Less Time Off: Without a defined number of days, employees may worry about appearing uncommitted and end up taking fewer vacations.
πŸ“Œ Potential for Inconsistent Approval: Without clear guidelines, managers may apply the policy differently, leading to perceptions of unfairness.
πŸ“Œ Scheduling Challenges: Teams may struggle to coordinate coverage if multiple employees request time off at the same time.
πŸ“Œ Not Suitable for Every Role: Positions requiring constant coverage or shift work can make unlimited PTO difficult to implement equitably.
πŸ“Œ Requires a Change in Culture: The policy works best when employees are responsible, and managers set clear expectations around performance and availability.

Would unlimited PTO work for your business? Why or why not? Share your thoughts in the comments!

Graduation is an exciting milestone, but it's also the beginning of new responsibilities. Whether graduates are headed t...
06/26/2026

Graduation is an exciting milestone, but it's also the beginning of new responsibilities. Whether graduates are headed to college, trade school, the military, or their first job, they should have the financial skills to navigate their new independence.

Although they aren't always taught in schools, these are the top 5 financial skills every high school graduate should have:

πŸ’° How to Create a Budget: Learn how to balance spending, saving, and financial goals.

🏦 How Banking Works: Know how to use checking and savings accounts, debit cards, and online banking safely.

πŸ“„ How to Read a Paycheck: Understand taxes, deductions, withholdings, and what your take-home pay actually means.

πŸ’³ How Credit Works: Learn how credit scores are built, why they matter, and how to avoid debt traps.

πŸ“ˆ How to Save and Invest Early: Even small amounts saved consistently can grow significantly over time.

What money skills do you wish you had known as a young adult? What wisdom can you share with new grads? We would love to hear from you!

06/24/2026

Local payroll solutions for La Crescenta-Montrose, La CaΓ±ada Flintridge, Glendale, Pasadena, Altadena, and beyond.

Strong futures are built one day at a time.To the fathers who work hard, plan ahead, solve problems, and make sacrifices...
06/21/2026

Strong futures are built one day at a time.

To the fathers who work hard, plan ahead, solve problems, and make sacrifices for the people they love, thank you!

May today be filled with appreciation, laughter, and time spent with those who matter most.

Happy Father's Day from Paragon!

Thinking About Doing Pro Bono Work? Here's What to Know at Tax TimeGiving your time and expertise to help others can be ...
06/20/2026

Thinking About Doing Pro Bono Work? Here's What to Know at Tax Time

Giving your time and expertise to help others can be incredibly rewarding, but it's important to understand how pro bono work may affect your finances and taxes.

πŸ“Œ Your time is not tax-deductible.
Even if you normally charge for your services, the value of time spent providing free professional services cannot be claimed as a charitable deduction.

πŸ“Œ Some out-of-pocket expenses may be deductible.
If you're volunteering for a qualified charitable organization, certain unreimbursed expenses directly related to the work (such as supplies, mileage, parking, or postage) may qualify as charitable deductions.

πŸ“Œ Keep good records.
Save receipts, mileage logs, and documentation showing how expenses were connected to the charitable work. Good records are essential if you plan to claim deductions.

πŸ“Œ Know who you're helping.
Tax rules are different when providing services to an individual versus a qualified nonprofit organization. Not all volunteer or pro bono activities create deductible expenses.

πŸ“Œ Business owners should be especially careful.
Providing free services can have accounting and tax implications depending on how your business records revenue and expenses.

Pro bono work creates tremendous value for communities, but understanding the financial side can help you maximize any available tax benefits while staying compliant.

We're halfway through the year. How is your business doing?Mid-year is more than a milestone. It's an opportunity to ste...
06/19/2026

We're halfway through the year. How is your business doing?

Mid-year is more than a milestone. It's an opportunity to step back, review your financial health, and make adjustments before year-end.
Take a look at your revenue, profitability, cash flow, tax planning, and business goals. Small changes now can make a big difference in the months ahead.

Whether you're growing, facing new challenges, or simply want to make sure you're on track, a mid-year financial check-in can help you make informed decisions with confidence.

Don't wait until tax season to understand your numbers. The best time to plan is before year-end.

What is one financial goal you're focusing on during the second half of the year?

Our monthly newsletter is filled with expert tax updates, financial news, essential information for business owners, and...
06/10/2026

Our monthly newsletter is filled with expert tax updates, financial news, essential information for business owners, and money-saving tips for families and individuals.

The June edition is no exception:
πŸ“° Take Advantage of Expanded QSB Stock Tax Benefits
πŸ“° Reducing IRS Audit Risk for Small Businesses
πŸ“° How an Educational Assistance Program Can Strengthen Your Company's Benefits Package
πŸ“° How to Develop a Scalable Business Model from Day One
πŸ“° Get Ahead With a Midyear Tax Review
πŸ“° IRS Penalties During the Pandemic Could Be Refundable
πŸ“° Employers Face New Limits on Meal Expense Deductions
πŸ“° and More!

Follow us for more tips to help your money work smarter.

Fractional or part-time executives, such as fractional CFOs, are in increasing demand among small and medium businesses ...
06/06/2026

Fractional or part-time executives, such as fractional CFOs, are in increasing demand among small and medium businesses seeking a strategic competitive edge in industries dominated by companies with full C-suites.

Experienced part-time CFOs offer high-level financial strategy, planning, forecasting, and guidance without the cost of hiring a full-time CFO.

So, when is a fractional executive a good idea?
They might be a smart investment if your company is:

πŸ“Œ Is growing quickly and needs financial direction
πŸ“Œ Has increasing revenue but lacks strategic financial planning
πŸ“Œ Needs budgeting, forecasting, or cash flow management
πŸ“Œ Is seeking funding, loans, or investor support
πŸ“Œ Wants better visibility into financial performance and profitability
πŸ“Œ Is preparing for expansion, acquisition, or major business changes
πŸ“Œ Has outgrown basic bookkeeping and accounting support

Did you know that Paragon offers part-time CFO services? Visit our website to learn more and schedule a consultation to find the right option for your business.

Are you an American working abroad? Don't forget that your automatic extension to file taxes ends on June 15! June 15 is...
06/04/2026

Are you an American working abroad? Don't forget that your automatic extension to file taxes ends on June 15!

June 15 is also the due date for the 2nd Quarterly Estimated Tax Payment for:
πŸ“Œ Self-employed individuals
πŸ“Œ Freelancers and gig workers
πŸ“Œ Independent contractors
πŸ“Œ Investors with significant non-withheld income
πŸ“Œ Anyone expecting to owe at least $1,000 in taxes for the year

Need help getting your taxes in by the deadline? Visit our website (link in bio) to schedule an appointment with a Paragon tax professional.

Address

3156 Foothill Boulevard, Ste C
La Crescenta-Montrose, CA
91214

Opening Hours

Wednesday 10am - 9pm
Thursday 10am - 9pm
Saturday 9am - 2pm
Sunday 9am - 2pm

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