GJR Consulting

01/30/2025

Tax season can be a daunting time for realtors and business owners, but understanding deductibles can turn it into an opportunity to save money and reinvest in your business. Deductibles are expenses that reduce your taxable income, which means more money stays in your pocket. We created a guide of the most relevant deductibles for real estate professionals and business owners in 2025:

Tax season can be a daunting time for realtors and business owners, but understanding deductibles can turn it into an opportunity to save money and reinvest in your business. Deductibles are expenses that reduce your taxable income, which means more money stays in your pocket. In this guide, we’ll...

01/29/2025

If you’ve ever wondered why so many small business owners choose an S-Corp, this is the video for you. I’ll explain the key advantage that makes this business structure a popular choice and how it could work for your financial goals.

Choosing the right setup is a critical step toward maximizing your business’s potential.

Looking for more help? Send me a message today to speak one-on-one and receive a tailored approach designed specifically for your business needs. Let’s make it happen!

01/23/2025

Now that we are in 2025, it’s time to get your tax documents and records in order. GJR Consulting has compiled a checklist to ensure you’re ready to file your taxes accurately and on time. The key to stress-free tax preparation is starting early and staying organized. Use this checklist to ensure you’re fully prepared when tax season arrives.
https://gjrconsultinginc.com/tax-preparation-checklist-for-realtors-everything-you-need-to-file-with-confidence/

Tax season can be overwhelming for realtors, but with proper preparation, you can file confidently and take full advantage of all the deductions and credits available to you. Now that we are in 2025, it’s time to get your documents and records in order. GJR Consulting has compiled this step-by-ste...

01/16/2025

With 2025 bringing new challenges and opportunities in the real estate market, now is the perfect time to refine your accounting practices. Here are a few of our top accounting tips:
- Track Expenses Consistently
- Master Cash Flow Management
- Keep Accurate Records

We know some of these tips might sound obvious and overly simple, but because of that, they are the most commonly skipped steps. Navigating the financial side of real estate can be overwhelming, but you don’t have to do it alone.

Read more of our tips here: https://gjrconsultinginc.com/top-accounting-tips-for-realtors-to-stay-organized-in-2025/

12/25/2021

Merry Christmas 🎄 to all our wonderful clients!

02/11/2020

What about your spouse? Well you better do the math before your spouse causes you more 💰. 😜

02/11/2020

🚨Shareholders of these types of entities are being hammered for running their business like a 🎪.

10/10/2019

Did you know that under California labor laws, there are two different types of employees: exempt and non-exempt.

• Exempt: employees are exempt from California’s wage & hour laws, i.e. overtime, double-time
• Non-exempt: employees are required to be paid the minimum wage, overtime, double-time (when applicable)

However, there are requirements to be considered an “exempt” employee:

1. The employee must be paid a salary of no less than twice the California minimum wage based on a 40-hour workweek
2. Primarily have executive, administrative or professional duties (“white collar” workers)
3. Regularly and customarily exercise discretion and independent judgment on the job

Employees can be on salary, but still be considered non-exempt. A salaried employee should be paid no less than a 40-hour work week at the California minimum wage. Non-exempt employees who work over the maximum number of hours should be paid overtime even when receiving salary. Any employee that does not fulfill all three requirements to be considered “exempt” is a “non-exempt” employee and therefore all California minimum wage laws apply.

It’s important to understand that the title of an employee does not automatically qualify them as an exempt employee. Rather, it is their specific tasks and duties of their role that justifies if they are an exempt employee or not. Below is a table that details the tasks/duties of the following exempt positions according to the Fair Labor Standards Act.

THINK ABOUT YOUR BUSINESS...
You could consider when to make an employee exempt when looking at your business. Would it be beneficial to make an employee a supervisor with a little more power and avoid paying overtime on top of his/her hourly rate (assuming the rate is twice the minimum)? Should you increase an employee who you pay hourly to salary that already holds professional qualifications? How can you adjust an employee’s role to help your business and your business costs?

08/17/2019

To gift or not to gift? It depends..

07/17/2019

When you borrow a pen from your client and you get this....

07/04/2019

We wish you a safe & happy holiday!

06/20/2019

Love my relationships with my clients. Representing GJR Consulting at Floyd Mayweather’s house.