Luntadila Paulo, CPA, MBA

Directions Website Contact the business

Luntadila Paulo, CPA, MBA I am a CPA empowering marketing agencies to increase profits, optimize cash flow, and pay less taxes!

Paying your personal taxes from the business account is common.Booking them as business expenses is the mistake.Estimate...
10/24/2026

Paying your personal taxes from the business account is common.

Booking them as business expenses is the mistake.

Estimated payments, state income tax, prior-year balances, penalties. None of it is a deductible business expense.

In our example, $45,000 of personal taxes turns a real $125,000 profit into $80,000 on paper.

You're deciding on hiring, debt and distributions with a number $45,000 too low.

Swipe through, then call 773-937-1264 or email [email protected].

Your P&L says $72,000. You made $150,000.If you run a single-member LLC, you generally take owner draws, not W-2 payroll...
10/23/2026

Your P&L says $72,000. You made $150,000.

If you run a single-member LLC, you generally take owner draws, not W-2 payroll.

Run your pay through payroll and it shows up as an expense.

Profit shrinks on paper.

Reported income may not match what happened, and that invites penalties if anyone reviews it.

The right setup depends on your entity.

Don't guess. Call 773-937-1264 or email [email protected] and confirm it with a CPA.

You moved $40,000 into your business to make payroll. Your books called it sales.Now your P&L says $260,000 in revenue. ...
10/21/2026

You moved $40,000 into your business to make payroll. Your books called it sales.

Now your P&L says $260,000 in revenue. You earned $220,000. Your profit is inflated, your tax bill can be too, and the real question gets buried: is the business standing on its own, or on your savings?

Lenders and partners will ask.

Know the answer first. Call 773-937-1264 or email [email protected].

Groceries are not office supplies.The family phone bill isn't a utility. Your vacation isn't business travel.Nobody code...
10/21/2026

Groceries are not office supplies.

The family phone bill isn't a utility. Your vacation isn't business travel.

Nobody codes these on purpose. It happens one swipe at a time.

Here's what it does: $25,000 of personal spending turns a real $85,000 profit into a reported $60,000.

You price, hire and pay yourself off the wrong number. And personal costs generally aren't deductible, so you carry tax exposure too.

Swipe through, then check your card. Want a CPA to walk your expense lines with you? Call 773-937-1264 or email [email protected].

Your P&L can show a profit and still be wrong.Not because the business is failing. Because of how the numbers got record...
10/19/2026

Your P&L can show a profit and still be wrong.

Not because the business is failing. Because of how the numbers got recorded.

For the next 30 days we'll show you exactly where the numbers hide: personal spending, owner money, loans, credit cards, sales tax, and the balance sheet nobody looks at.

Follow along.

If one of these sounds like your books, call 773-937-1264 or email [email protected] and sit down with a CPA.

🚩 Is your business card doing double duty?Groceries. Netflix. That "business trip" that was really just a vacation.We se...
07/28/2026

🚩 Is your business card doing double duty?

Groceries. Netflix. That "business trip" that was really just a vacation.

We see it all the time: personal expenses quietly mixed into business books.

It might not seem like a big deal... until it inflates your expenses, shrinks your profit on paper, and creates real tax exposure with the IRS.

For instance: A business reporting $60K in profit could actually be sitting on $85K; because $25K in personal spending got miscoded as business expenses.

This is #1 in our 10-part series on how your P&L can look healthy and still be wrong.

New one dropping tomorrow. 👀

Think this might be happening in your books? Let's take a look together.
📞 773-937-1264
📧 [email protected]

This is by far one of the most challenging concept business owners need to grasp when it comes to their information syst...
07/23/2026

This is by far one of the most challenging concept business owners need to grasp when it comes to their information system!

There are signs of a broken accounting system...

And, there are also indicators of a good accounting system.

Yet, even veteran business owners cannot tell the difference.

Get in touch for a free diagnostic of your accounting and information system.

Happy Independence Day!Today, we celebrate the freedom, resilience, and entrepreneurial spirit that continue to shape th...
07/04/2026

Happy Independence Day!

Today, we celebrate the freedom, resilience, and entrepreneurial spirit that continue to shape the American story.

From our team to yours, we wish you a safe, joyful, and meaningful Fourth of July.

Haven’t filed your tax return yet?The IRS may eventually prepare a substitute return for you.But here’s the problem:They...
04/24/2026

Haven’t filed your tax return yet?

The IRS may eventually prepare a substitute return for you.

But here’s the problem:

They won’t be looking for every deduction, credit, or refund you may be entitled to.

They’ll use the information they have — and that could mean a bigger tax bill than necessary.

Don’t let the IRS guess for you.

File your return properly and find out where you actually stand.

Need help catching up? Send us a message today.

Address

Virtual Company Based In
Chicago, IL
60615

Website

Alerts

Be the first to know and let us send you an email when Luntadila Paulo, CPA, MBA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Luntadila Paulo, CPA, MBA:

Shortcuts

Share

Category