Nelson & Associates, CPAs

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Nelson & Associates, CPAs Sacramento County CPA firm with 100+ years of experience. Offering tax preparation, accounting & business consulting.

Specializing in nonprofit, construction & small business accounting, audits, tax compliance, strategies, planning & consulting.

With the fourth quarter underway, now is an important time to evaluate your business's tax position before year-end.Revi...
10/28/2026

With the fourth quarter underway, now is an important time to evaluate your business's tax position before year-end.

Reviewing year-to-date taxable income, estimated tax payments, and anticipated revenue and expenses for the remaining months can help identify potential tax planning opportunities.

Major equipment purchases, retirement contributions, and other business expenses may also offer tax benefits, but timing, eligibility, and cash flow should all factor into those decisions.

One important consideration: Purchasing equipment solely for a tax deduction doesn't always make financial sense. The business need and overall financial impact should guide the decision.

October provides an opportunity to make informed adjustments while there's still time to act, rather than waiting until December when certain planning options may be limited.

Did you know that retirement contributions may help reduce your taxable income while building long-term financial securi...
10/25/2026

Did you know that retirement contributions may help reduce your taxable income while building long-term financial security?

For 2026, eligible employees can contribute up to $24,500 to a 401(k), with additional catch-up contributions available for those who qualify.

Business owners may also benefit from retirement plans such as SEP IRAs and SIMPLE IRAs, which have different contribution limits and deadlines.

Timing matters. While certain IRA contributions can be made after December 31 and still count toward the previous tax year, workplace retirement plans follow different rules.

Reviewing contribution limits, eligibility, and deadlines before year-end can help individuals and business owners take advantage of available tax-saving opportunities.

Reminder: October 15 Tax Extension DeadlineOctober 15, 2026, is the deadline for most individuals who requested an exten...
10/12/2026

Reminder: October 15 Tax Extension Deadline

October 15, 2026, is the deadline for most individuals who requested an extension to file their 2025 federal income tax returns.

Make sure your income documents, deduction records, and other necessary tax information are ready.
Remember: An extension to file was not an extension to pay. Any taxes owed were generally due April 15, 2026, and unpaid balances may be subject to penalties and interest.

October is Breast Cancer Awareness Month, a reminder to prioritize your health and encourage the women you love to do th...
10/03/2026

October is Breast Cancer Awareness Month, a reminder to prioritize your health and encourage the women you love to do the same.

As a two-time breast cancer thriver, Michelle Nelson knows firsthand the importance of early detection. This month, we encourage mothers, daughters, sisters, aunts, friends, and colleagues to stay proactive and schedule recommended screenings.

Make the appointment. Remind someone you love.

As the tax filing deadline fades into the background, it's easy to assume scam activity slows down as well. Unfortunatel...
09/04/2026

As the tax filing deadline fades into the background, it's easy to assume scam activity slows down as well. Unfortunately, the opposite is often true.
Late summer and early fall are busy months for taxpayers who requested filing extensions, business owners preparing financial information, and accounting firms working toward extension deadlines. Cybercriminals know this, and they use it to their advantage.

Read more on our blog: https://moncpas.com/think-before-you-click-why-tax-related-phishing-scams-spike-before-extension-season

What Happens When Your Books Fall Behind?It's not always obvious.Bookkeeping rarely becomes a problem overnight. More of...
08/31/2026

What Happens When Your Books Fall Behind?

It's not always obvious.

Bookkeeping rarely becomes a problem overnight. More often, it starts with a few transactions that don't
get recorded, an account that doesn't get reconciled, or receipts that are set aside for "later." As weeks
turn into months, the financial picture becomes less reliable.

That affects more than tax preparation.

You may delay purchasing equipment because you're unsure what cash is truly available. You might
hesitate to hire because you don't have confidence in your current profitability. Or you could miss an
opportunity to adjust estimated tax payments because your year-to-date income isn't accurate.

Clean, current financial records give business owners confidence to act. Whether you're evaluating
growth opportunities, applying for financing, or preparing for year-end tax planning, accurate
bookkeeping provides the reliable information needed to move forward with confidence.

Keeping your books current isn't just an administrative task. It's one of the best ways to ensure your
business decisions are based on facts instead of assumptions.

Every Business Has Different Financial Challenges. Your CPA Should Recognize That.No two businesses operate the same way...
08/28/2026

Every Business Has Different Financial Challenges. Your CPA Should Recognize That.

No two businesses operate the same way, which is why a one-size-fits-all approach to accounting and
tax planning often falls short.

Whether you're managing a growing company, leading a nonprofit organization, navigating the
construction industry, or planning for your family's financial future, the questions you face require
thoughtful guidance backed by experience.

At Nelson & Associates, CPAs, we provide a broad range of services, including tax planning, accounting,
audit and assurance, outsourced CFO services, nonprofit consulting, business mentoring, and financial
training. More importantly, we tailor those services to your goals, your industry, and your unique
circumstances.

We believe the strongest client relationships are built through ongoing conversations, proactive
planning, and trusted advice that extends well beyond tax season.

Learn more at moncpas.com

Many teenagers can navigate social media, manage busy schedules, and use technology with ease. Yet when it comes to hand...
08/19/2026

Many teenagers can navigate social media, manage busy schedules, and use technology with ease. Yet when it comes to handling money, many enter adulthood with little practical experience.

The transition from high school to adulthood often comes with important financial decisions. Opening a bank account, managing a paycheck, using a debit or credit card, paying bills, and creating a budget can quickly become overwhelming if these skills were never taught.

Read more on our blog: https://moncpas.com/teaching-teens-about-money-building-financial-confidence-before-adulthood

𝐀 𝐌𝐢𝐝-𝐘𝐞𝐚𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐑𝐞𝐯𝐢𝐞𝐰 𝐒𝐡𝐨𝐮𝐥𝐝 𝐁𝐞 𝐌𝐨𝐫𝐞 𝐓𝐡𝐚𝐧 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐚𝐭 𝐘𝐨𝐮𝐫 𝐏𝐫𝐨𝐟𝐢𝐭 𝐚𝐧𝐝 𝐋𝐨𝐬𝐬 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭By the middle of the year, your...
08/12/2026

𝐀 𝐌𝐢𝐝-𝐘𝐞𝐚𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐑𝐞𝐯𝐢𝐞𝐰 𝐒𝐡𝐨𝐮𝐥𝐝 𝐁𝐞 𝐌𝐨𝐫𝐞 𝐓𝐡𝐚𝐧 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐚𝐭 𝐘𝐨𝐮𝐫 𝐏𝐫𝐨𝐟𝐢𝐭 𝐚𝐧𝐝 𝐋𝐨𝐬𝐬 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭

By the middle of the year, your business has generated enough financial data to identify trends that can
influence both profitability and year-end tax planning. The question is whether you're using that
information to make better decisions.

A meaningful mid-year review should go beyond revenue and expenses. It should include questions like:
• Are your gross profit margins consistent across products, services, or jobs?
• Have payroll costs increased faster than revenue?
• Are customers taking longer to pay, creating unnecessary cash flow pressure?
• Is inventory growing faster than sales?
• Are estimated tax payments still aligned with this year's projected income?
• Have you purchased equipment or expanded operations in ways that may create new tax planning
opportunities?

A mid-year financial review isn't about predicting the future. It's about using the information you already
have to make better decisions before the year is over.

Finding these trends now gives you time to respond. Finding them in January only explains what already
happened.

Women-owned businesses continue to play a significant role in the U.S. economy, accounting for approximately 40% of all ...
08/06/2026

Women-owned businesses continue to play a significant role in the U.S. economy, accounting for approximately 40% of all businesses nationwide and generating trillions of dollars in annual economic activity. Yet despite this growth, many business owners face a common challenge: building a business that remains financially strong for the long term.

Read more on our blog: https://moncpas.com/women-in-business-financial-strategies-for-long-term-growth-and-stability

Address

2230 Longport Court Suite 110
Elk Grove, CA
95758

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm

Telephone

+19162996800

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