Gregory Garcia, CPA

11/14/2025

https://www.irs.gov/newsroom/401k-limit-increases-to-24500-for-2026-ira-limit-increases-to-7500

The IRS just released the new contribution limits for 401k plans in 2026 - you'll get to put an additional $1,000 into your 401k next year (from $23,500 to $24,500).

For W-2 employees, tax saving strategies are usually pretty limited, so taking advantage of your 401k offering at work is a smart move, especially if your employer offers matching contributions.

Tax tip: Instead of tax savings now with traditional contributions, you might want to try Roth contributions which will allow the 401k earnings to grow tax-free and without worry of Required Minimum Distributions.

IR-2025-111, Nov. 13, 2025 — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025.

11/13/2025

Small Business Owners - this one's for you! I put together a simple checklist to help you stay organized with accounting, LLC compliance, taxes, and annual planning. A little structure goes a long way in growing with confidence.

10/04/2025

Business Owners, we're in the final stretch of the year, one more quarter to achieve your business goals as well as build some momentum heading into 2026. Here are a few key areas to focus on now before it's too late.

10/01/2025

Business Owners, it's officially Q4 so by now you should have a reasonable view of what your full-year 2025 performance will look like. Take that momentum forward to your Annual Business Plan and start building your 2026 strategies and goals.

08/30/2025

Hi everyone! Welcome to the page for my accounting firm - Gregory M. Garcia, CPA, PLLC.

I started my firm with one goal: to help business owners achieve their financial goals. For the past five years, I've helped business owners set up accounting systems, build financial forecasts and budgets, and implement strategies to help reduce their taxes.

I plan on sharing helpful tips and insights in these areas so businesses have a place where they can find trusted advice from a CPA who is in the trenches each day.