Sawyer One Stop Accounting and Tax

01/15/2025

🚨 Special Offer: 50% Off Bookkeeping Services! 🚨
We’re excited to announce that we’ve just hired another full-time bookkeeper to join our team! 🎉 As we work to fill their schedule, we want to offer you a LIMITED-TIME opportunity to take advantage of our services at a 50% DISCOUNT!
🔹 Our usual rate is $150/hour – but for the first 10 business owners who sign up, you’ll only pay $75/hour for full-service bookkeeping!
🔹 This special pricing will be locked in for a full YEAR!
📅 Don’t wait – spots are limited, and they’re filling up fast. If you’re interested in securing your spot, simply email us at [email protected] and share your interest. We’ll be in touch with more details!
✨ This is a one-time offer, so act fast before it’s gone! ✨

(Offer valid for the first 10 sign-ups. Terms & conditions apply.)

07/15/2023

At Sawyer Accounting & Tax, we believe in providing comprehensive bookkeeping services that go beyond the surface. When you choose us, we start by conducting a thorough analysis of your existing books. 📑🔍

🔎 Our expert bookkeepers will meticulously examine your financial records to identify any discrepancies, errors, or areas that need improvement. This detailed assessment allows us to gain a comprehensive understanding of your current financial situation.

Once the analysis is complete, we roll up our sleeves and get to work! Our dedicated team will initiate the process of cleaning up your books, ensuring that every transaction is accurately recorded and classified. 🧹💼

🕒 We charge our clean-up services at an hourly rate, guaranteeing transparency and fairness in our pricing. Rest assured, our team works efficiently to optimize the time spent on this crucial phase, allowing us to deliver exceptional results without unnecessary delays.

But that's not all! We're not just here for a one-time clean-up. Our ultimate goal is to establish a long-term partnership with your business, supporting your financial success month after month. 💪💰

To ensure ongoing financial stability and peace of mind, we offer a convenient monthly package with a fixed fee. This package includes comprehensive bookkeeping services tailored to your business's unique needs. No surprises, no hidden costs – just a straightforward, predictable fee structure. 💼💵

With our monthly package, you can count on us to handle all your bookkeeping tasks promptly and accurately. From reconciling accounts and managing expenses to generating financial reports and assisting with tax preparations, we've got you covered! 📊✅

🎁 Special Offer Details:
📌 After we get your books cleaned up and you are a part of one of our monthly packages, we will provide you with 35% off your first 6 months of bookkeeping services
📌 Complimentary financial assessment to identify areas of improvement
📌 Dedicated account manager to ensure personalized attention

💼 Let us handle the numbers, while you focus on what truly matters – taking your business to new heights! 📈✨
🌟 Ready to transform your books and elevate your financial management? Email us today at [email protected] to get started. Let's embark on a journey toward financial success together! 🚀📞

🔁 Like and share this post with your fellow business owners who could benefit from our exceptional bookkeeping services. Together, we can empower businesses for a brighter financial future! 💪💼

03/29/2023

My dearest Friend,

Are you tired of paying exorbitant amounts of taxes every year? Do you wish there was a way to legally minimize your tax liability and keep more of your hard-earned money? Look no further than our tax planning services.

At Sawyer Accounting & Tax, we specialize in creating customized tax plans for individuals and businesses alike. Our team of certified tax professionals will work with you to identify potential deductions, credits, and loopholes in the tax code that can save you thousands of dollars each year.

Our services include a comprehensive analysis of your financial situation, identification of tax-saving opportunities, and personalized recommendations for how to reduce your tax bill. We also offer ongoing support throughout the year to ensure you stay on track and maximize your savings.

Don't let the IRS take more of your money than necessary. Email us today to get started and learn how we can help you keep more of your hard-earned money in your pocket.

Sincerely,

Raymond Sawyer

Sawyer Accounting & Tax

[email protected]

03/12/2021

Video from Raymond Sawyer CTC-EA-CTP - Sawyer Accounting and Tax

10/02/2020

Be sure to check out our main page where we post almost daily new and relevant information that you or someone you know is guaranteed to need something from it. If you feel there is something missing by all means please let us know and we will do our best to get this put up as well as our main focus is to serve you. So come on over I assure you, you won't be disappointed. https://www.facebook.com/SawyerAccountingTax/

07/07/2020

Be sure to check out our main page where we post almost daily new and relevant information that you or someone you know is guaranteed to need something from it. If you feel there is something missing by all means please let us know and we will do our best to get this put up as well as our main focus is to serve you. So come on over I assure you, you won't be disappointed. https://www.facebook.com/SawyerAccountingTax/

No annoying advisory and financial lingo.
Just straight, authoritative and friendly advice.
Visit us: www.sawyeraccountingtaxorangecounty.com
Or give us a call: (562) 690-2181

03/31/2020

These days are moving VERY quickly, and we are working VERY hard to get communication out to our clients and friends.

You probably already heard that the CARES Act (the mammoth 880+ page disaster relief bill) was signed over the weekend, and help IS indeed on the way.

But there are so. many. rumors. flying around out there that I wanted to reach out to clear up some confusion. (I've even seen some accountants charge frightened business owners over $2K for filling out these 5-minute forms.)

First things first (and before I give you any more details):

The SBA EIDL online application is BACK up and running.

Go here >> https://covid19relief.sba.gov/

This Economic Injury Disaster Loan website is working smoothly as of right now, and there is a check box option to request the $10,000 immediate business stimulus grant. Remember, Congress only allocated $10 billion of that $2.2 trillion stimulus package to these small business grants, and they're first come, first served, so get on this ASAP if you want immediate help.

We are in your corner:

(562) [email protected]

And one last thing before I get to more details about these loans:

Because of the intensity of this season for ALL of us, and the fact that this bill is so massive, I would ask for your patience with my team and me as we wade through all of it.

We are LOCKED IN on getting clarity on all of the (many, many) clauses that will apply to our clients, and are committed to sharing all of the information as soon as it's ready.

We are in your corner -- so you can rest easy that WHATEVER needs doing will get done, and done right.

(And again ... feel free to send your friends our way for help.)

Now to some details about the Paycheck Protection Program (PPP) Loans.

The goal with these small business funding loans is to keep people employed and prevent a massive spike in unemployment.

You should know that businesses cannot get both EIDL and PPP loans at the same time. You can apply for the EIDL loan now and the PPP loan when it becomes available.

If you qualify and accept the EIDL loan, and you subsequently qualify for the PPP loan, you can refinance the EIDL loan with the PPP loan. OR you can apply for both loans and decide which one to take if you qualify for both. Loans are limited to one per Taxpayer Identification Number.

For the PPP loans, you can have your bank help you through this, or go directly through the SBA. Banks are getting ready to make these loans in as short as one day from application to approval to distribution.

So, if you have an existing relationship with a bank, you can get your SBA PPP application started with them, and they'll line it up in the queue.

(And again, we're here to help).

Some bullet points on these loans...

Eligibility: The guidelines are very confusing, but essentially, here are the basic tests.

Employ less than 500 employees
Demonstrate you have been impacted by the virus disaster*You will sign an affidavit stating this is the case, which may be used later to charge you with fraud if you're unable to prove you're affected.
Have to have been in business since at least February 15, 2020
No credit score requirement
501c3 is eligible (nonprofit)

*If you only take distribution as an owner and don't have payroll distribution, or you are a contractor and take only Schedule C payments, you likely DON'T qualify. But double check with your bank or the other places you can apply.

(Again, we can help here.)

Uses: You can utilize these funds for the following uses.

Payroll
Rent
Utilities
Health Insurance
Interest Expense / Debt Obligations

Loan Amount: 2.5x monthly payroll (W2 + 1099 wages) based on the average from February 15, 2019 to February 15, 2020

Employer payroll taxes are not counted (7.6% on average)
If your employees or contractors get paid more than $100,000 they don't count within the total
Cap is lesser of 2.5x annual payroll or $10M, whichever is less
International payroll doesn't qualify

Terms:

First 8 weeks: Whatever you use for the approved uses above, it may be forgiven, if you maintain the same level of employees / contractors as before the crisis.
If you refill any position by June 30 that you let go since February 15, 2020, it counts toward the forgiveness clause above.
If you reduce a person's pay by more than 25%, they are not counted toward your "retention" criteria for possible forgiveness.
10-year term with a rate not to exceed 4%.
No personal guarantee required.
No collateral required.
Interest and principle is deferred the first six months and can be deferred up to a year.
Forgiveness is not counted as taxable income.
No prepayment penalty.

Miscellaneous:

You'll have to provide receipts / payroll statements to get any amount forgiven by the bank at a later date.

Let Us Help You Navigate These Waters.

I keep hearing about these emails getting forwarded all over Orange County -- and that is fine with me. The more the merrier. Good information is good information, and we're all in this together.

But if you want help from experts who get it, and who have YOUR best interests in mind...
..well, you know where to find us.

Warmly,

Raymond Sawyer

(562) 337-9732

03/31/2020

The President signed the big new stimulus bill over the weekend. The VERY good news about these direct checks to individuals: you don't have to do anything to get them. (That's a big sigh of relief for taxpayers everywhere.) Here's what else you'll want to know...

- $1,200 per adult and $500 per child

- Starting at $75k AGI for individuals and $150k married/filing jointly, those amounts begin to phase out.

- You won't get any relief check if your AGI tops $99,000 as a single filer; $146,500 if you're a head-of-household; or make $198,000 and file jointly with your spouse.

- If you had a tax refund or Social Security benefit directly deposited, that's what will happen to your relief check. If you had it mailed, that's what will happen here, too.

- They will begin the process THIS week, now that this law has been signed. But, realistically, it could take weeks. At the latest, the checks must be sent by Dec. 31, 2020.

03/26/2020

You might have seen the news that Congress has agreed on the massive new stimulus bill, called the CARES Act.

As of this writing, this is NOT YET SIGNED. But it is getting very close.

And it might help you VERY much, depending on your situation.

I will have more to say early next week, once I review the full bill. (It's 880 pages!)

And a reminder: we are still actively helping and serving clients in the midst of this crisis.

Please feel free to contact us: (562) 337-9732 or shoot me back an email.

ALSO: if you have friends who want to work with a tax firm that is staying on top of this stuff, and can help them navigate getting EVERYTHING they deserve under this bill, please feel free to send them our way.

You can forward them this quick email, or have them give us a call.

Anyway, here are a few highlights, to make sure you heard things clearly from the source:

The first one is huge.

Freelancers/Solopreneurs WILL be eligible for unemployment benefits. (!) At least as of now, and the devil is in the details (which is why we're here to help you), but from what I'm seeing, if your side-hustle or freelance business has been affected, you WILL get relief through this bill ... and it could be significant.

The feds seem to be leaving it up to the states as to how this will get deployed, which is why you will want someone in your corner for this.

The checks that you will receive (and how it's determined):

They landed on $1200 per adult and $500 per child ... but again, there are those pesky details.

There is an income phase-out -- $75k AGI for individual and $150k married/filing jointly and amounts begin to phase out.

This will be based on either your 2018 return OR an already-filed 2019 return OR your Social Security SSA form.

They will be "cleaning this up" in 2020 tax returns via credits etc.

Again, this is just a start. But I wanted to get this information to you ASAP so that we could start helping you.

AGAIN: send this email to your friends!

This stuff is a LOT to keep up with, and to understand correctly. We'd love to help them, and might even be able to handle their taxes on top of it all.

And I'll be in touch in the following weeks and days with many more details.

We're here to serve, so let us know how we can help.

Warmly,

Raymond Sawyer

(562) 337-9732

03/22/2020

It has been hard to distinguish the chatter and recommendations for the actual law. Earlier this week Treasury Secretary Mnuchin implied that there would be a 90-day tax filing and payment extension from the April 15th deadline. He said, “just file your taxes. you will automatically not get charged interest and penalties.” The next day, the IRS issued Notice 2020-17 announcing a payment extension until July 15, 2020, but not a filing extension.

More recently Mnuchin tweeted that the extension to July 15, 2020 would be a filing and a payment extension. He stated as follows: “at the President's direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.”

We are not sure how the IRS will interpret this statement. Will it eliminate the $1 million and $10 million thresholds in the IRS Notice? Will it include the April 15th estimated tax payment in the filing extension? Bottom line is we won't know the answers until the IRS issues guidance. Hopefully we'll know sooner than later.

With all the minute-by-minute changes please note that we are working feverishly to keep you abreast of the changes

Together, we can get through this.