Carlsbad Bookkeeping Blog

COVID-19 Emergency Loans: Small Business Guide & Checklist

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program (PPP), the initiative provides 100% federally guaranteed loans to small businesses.


In response to recent tax developments, we put together a summary of tax-related changes due to the COVID-19 public health crisis. We will keep this post updated as more information becomes available.

Calfornia Assembly Bill 5 - What Is It & Will It Affect Your Business?

Governor Gavin Newsom signed Assembly Bill 5 into law on September 18th, 2019 - and it went into effect on January 1, 2020. Also known as the “gig worker bill,” this piece of legislation could have an impact on your business - especially if you hire independent contractors. Don’t make the mistake of thinking this is only for people who drive for Uber or Lyft.

Bottom Line Management Supports Local Businesses & Charities

Grubbys Poster Along with shopping, eating & drinking local, the crew here at Bottom Line Management loves it when we get the chance to help support other local North County San Diego businesses.

Spring Cleaning Tips for Business Owners: What Important Financial Documents To Keep

Did you give your business financials a Spring cleaning this year? As a business owner, you understand the importance of having essential financial documents at the ready. Things like your balance sheet, income statement and cash flow report should be easily accessible and updated regularly. But do you really need to keep seven years worth of federal & state tax returns?

New Sales and Use Tax Rates Operative April 1, 2019

If you own a business in Oceanside, the tax rate has increased from 7.75% to 8.25%, effective April 1, 2019. The tax rate for all other cities in North County San Diego remains unchanged. The sales and use tax rates vary depending on your retail location, with a base sales and use tax rate of 7.25 percent applied statewide. In addition to the statewide sales and use tax rate, some cities and counties have voter- or local government-approved district taxes.

QuickBooks Saves You Time & Money

Do you struggle to find the time to get your books squared away each month? Do you wish there was a solution that doesn’t cost an arm & a leg? QuickBooks makes accounting easy, in fact business owners can save an average of 42 hours per month with QuickBooks.

What Is Cash Flow?

Cash flow is basically the money that is moving in and out of your business in a given month. Think of it as a window into your business checking account. If more money is coming in than is going out, you are in a "positive cash flow" situation and you have enough to pay your bills, employees, advertising...etc.

DIY Bookkeeping & Accounting

Bookkeeping and accounting are two of the most important ongoing tasks for any business owner, and it should not be a do-it-yourself endeavor. You want your business to grow, in order to do so you need to delegate certain aspects of running your business to qualified individuals you trust to do their jobs.

3 Financial Mistakes That Are Hurting Your Business

As a local business owner you want to ensure you're doing everything possible to maximize profit & minimize loss. Financial mistakes can impact your business in the near & long-term, in order to prevent them you need to understand what the potential mistakes are, and how to avoid making them in the first place.