James Valle & Company, CPAs

06/02/2023

Mistakes on your business tax return can have serious consequences, so it's important to understand when you should file an amended one. Common situations that require amendment include if the errors change what you owe in taxes or misrepresent details about your company's fiscal standing.

Get real answers from a tax professional! Give us a call at (949) 419-6500.

Realizing you’ve made a mistake on your business tax return is a stressful situation. Fortunately, businesses can amend their tax returns within three years of the original filing date. This can help your company get ahead of potential tax problems, resolving issues long before they attract audits...

05/31/2023

Summer is here, and many of us begin to travel more, there are ways to stay mindful and reduce your carbon footprint. Read the article below to learn how you can be more "green" while enjoying your travel plans!

Contact us at (949) 419-6500 to schedule a consultation.

Travel is great, but it has a cumulative negative impact on the environment, largely from emissions. So how can you reduce your carbon footprint when traveling?

05/30/2023

Each organization has a culture, whether it was crafted intentionally or not. A strong company culture encompasses your company’s core values and those of your employees. Ideally, the established culture will accurately represent your business’ mission and character. Approximately, 88% of employees believe that positive workplace cultures are important to the overall success of a business. This is something to keep in mind when determining what kind of company culture you want to create. To schedule a consultation, contact us at (949) 419-6500.

05/29/2023

Bookkeeping is a core part of business finances and can impact the growth and success of your small business. One of the first steps to getting a handle of your bookkeeping is deciding which entry system would work best for your business. Below are the two entry systems available: Single-entry accounting and Double-entry accounting. Whichever one you choose impacts how you manage your finances and how your bookkeeping processes will work. To schedule a consultation, contact us at (949) 419-6500.

05/26/2023

Filing taxes can be a daunting task even in the best of times, but these obligations may quickly get lost in the shuffle when faced with an unexpected disaster. From tornadoes to earthquakes, natural catastrophes often leave us feeling unable to cope or think straight – making tax deadlines just one more thing on your already full plate.

To schedule a consultation, contact us at (949) 419-6500

Tax deadlines can be nerve-wracking during the best of times. When a natural disaster hits your neighborhood, looming tax obligations can add more stress to an already traumatic situation. In some cases, they may be the last thing on your mind. Such disasters include tornadoes, hurricanes, floods, w...

05/24/2023

The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation represents how much of an asset's value has been used. It allows companies to earn revenue from the assets they own by paying for them over a certain period of time. Using the straight-line method is the most basic way to record depreciation. It reports an equal depreciation expense each year throughout the entire useful life of the asset until the entire asset is depreciated to its salvage value. Do you have questions? We have the answers! Talk to us at (949) 419-6500.

05/23/2023

As a business owner, staying on top of your business’ books is one of its essential keys to success. To ensure that your records are accurate from the moment your company is born, follow these helpful bookkeeping tips. We are here help alleviate the pressures of accurate and up-to-date accounting off you! Give us a call today at (949) 419-6500.

05/22/2023

A zombie debt an old debt that is no longer legally enforceable but that suddenly has new activity from a collection agency. You may feel compelled to make a payment; however any amount, even a small one, restarts the statute of limitations. This will give the collection agency more time to sue. Before making a decision about whether to pay a zombie debt, request proof of the debt in writing. To schedule a consultation, contact us at (949) 419-6500.

05/19/2023

Are you looking to make 2023 the year of your financial dreams? Then why not start by taking a few simple steps towards reaching your savings goals! It’s easier than it may seem — even tiny changes can add up over time. To get started on this journey, here are some helpful strategies for saving more money in the new year:

For more financial help, contact us today at (949) 419-6500.

Saving money is one of the most common New Year’s resolutions, and by making a few changes to your financial routine, you may find it’s easier than you thought to reach your savings goals. Even small changes can add up over time to improve your finances. The following are a few smart strategies ...

05/17/2023

A part of money management is more than just spending less than you earn. You should aim to save enough money to live comfortably in the long term as well as the short term. Here are four steps you can follow to help build your savings up. To schedule a consultation, contact us at (949) 419-6500.

05/16/2023

The difference between a CPA and an accountant is that a CPA that is licensed by meeting state requirements, completing their educations courses, experience, and passing the CPA Exam. To schedule a consultation, contact us at (949) 419-6500.

05/15/2023

As a small business owner, protecting your intellectual property is vital. This consists of the intangible assets such as trademarks, copyrights, and patents as well as designs, business ideas, and trade secrets. You want to keep anything that differentiates your business from any other safe. If a competitor tries to copy your products, then they can erode your market share and damage your reputation. For more tips and tricks on managing your small business, contact us today at (949) 419-6500.