1-800Accountant, America's leading virtual accounting firm for small businesses, offers seamless end-to-end bookkeeping and accounting services handled by experts designed to give you peace of mind and the extra time you need to focus on building your business.
Business Tax Preparation: Navigating the intricate tax landscape in Sacramento can be daunting, but our CPAs, with an average of over 17 years of experience in California's business environment, are adept at maximizing your deductions and ensuring compliance. Delegate your complex tax preparation to our experts and potentially save thousands annually while gaining peace of mind.
Bookkeeping: Establish a robust financial foundation and maintain a firm grasp on your cash flow with our meticulous, error-free bookkeeping services. This comprehensive process not only saves you invaluable time but also provides crucial insights that empower you to make data-driven business decisions. With easy-to-understand reporting, your accountant can develop vital financial models tailored to your Sacramento-based venture.
Tax Advisory: Tax considerations for businesses in California extend far beyond April. Through our affordable tax advisory service, you'll have access to a dedicated small business CPA who can provide year-round guidance. Strategic planning helps minimize your tax liability in Sacramento while ensuring full compliance with state and local regulations.
Payroll: Streamline your operations and save hours each pay period with our comprehensive payroll services. We'll handle regular tax submissions to the city of Sacramento, ensuring accuracy and freeing you to focus on growing your business.
Business Formation: Officially establishing your business in Sacramento offers numerous advantages, and our complimentary incorporation services make the process seamless. Simply cover any necessary Sacramento fees, and we'll manage the rest, guiding you through the optimal business structure and maximizing your tax savings from the outset.
Level | Rate |
---|---|
State Tax Rate | 6% |
County Tax Rate | 1.75% |
Municipal Tax Rate | 1% |
Combined Sales Tax Rate | 8.75% |
City-Specific Taxes |
---|
Sacramento businesses must pay a business operations tax with a current maximum annual cap of $5,000 for gross receipts above $25,000,000. |
State | State Tax Rate | Rank | Avg. Local Tax Rate | Combined Rate | Rank | Max Local Tax Rate |
---|---|---|---|---|---|---|
California | 6% | 17 | 1.00% | 7.00% | 24 | 2.00% |
Licenses and Permits |
---|
Must obtain a home occupancy permit if you run a business from your home. |
When choosing an accountant or bookkeeper for your California small business, you should consider the following factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper has the right title and certifications, such as working as a CPA. They should also be fluent in California's specific tax regulations and compliance requirements.
Experience and Specialization: Search for professionals with experience in your specific industry. Specialized knowledge is crucial for managing industry-specific financial matters and for strategic long-term planning.
Understanding of Local Economic Conditions: Opt for a professional who understands the local economic environment in California. This includes familiarity with the state's prominent industries, such as technology, agriculture, and entertainment, as this knowledge can impact financial decision-making and tax planning.
Knowledge of State Tax Incentives: California offers business-friendly tax incentives, including credits for job creation, capital investment, and specific industry advantages. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.
There are countless engaging things to do in Sacramento, the capital city of California. Decisions made in Sacramento impact California's vast economy, which would be the fifth largest in the world if it were a country. While Los Angeles and San Francisco may get an outsized share of attention, particularly from outside of California, Sacramento is an important political center with a strong economy. Sacramento's core industries, including healthcare, technology, and clean energy, have attracted generations of entrepreneurs and small business owners throughout the country looking to become the city's next big success story. Find out how our tax professionals can help your Sacramento-based business grow.
Whether it's the culture, politics, or the mix of old and new, full-time residents and families enjoy living in Sacramento. Residents can learn about the city's origins by visiting the Sacramento History Museum, a recreation of the 1854 version of City Hall and Waterworks buildings located in the historic Old Sacramento Waterfront. When not learning about the city or visiting other museums promoting distinct Californian contributions to the country, residents enjoy Sacramento's extensive food scene, with many establishments sourcing farm-fresh ingredients locally.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.