Stockton - Accounting Services & Tax Return Preparation

Serving the entire Central Valley

ACCOUNTING AND TAX PROS

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CALL 209-948-3159
or Request Estimate

We provide year-round services

Accounting Service
Year Round Tax Planning
Income Tax Preparation
Payroll Services

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(209) 948-3159 - STOCKTON, CA

Accounting and Tax Pros provides accounting services, bookkeeping service, tax preparation,
and payroll services to individuals and businesses.

Professional Tax Preparation Services Available

We remove the headache and worry associated with your financial record keeping so that your
team can regain their focus on growing the business!

Stockton Accounting service, tax service, payroll service, bookkeeping service

4600 N. Pershing Avenue, Suite C
Stockton, CA 95207

xst March Lane and Monoco

In the Riggs & Associates Real Estate Business Center

Call Accounting and Tax Pros at
(209) 948-3159 today for all your
Tax Preparation and Small Business Accounting Service needs

Lynette C. Rue
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Anticipating the Upswing - Small Business Owners Insight
July 2009

The recession will eventually end, but how will you know it’s coming? And until then, what might you
do to better weather this economic storm? Sam Thacker, financial blogger for AllBusiness.com,
recently posted his thoughts on “Looking for Light at the End of the Recession.” He shares methods
small business owners have used to prepare for even greater financial adversity. He then lists key
happenings that will indicate the recession’s end.

Countless small (and large) businesses failed last year. Those that remain are hopeful that with less
competition, they are in a better position to outlast the recession, and possibly, see better earnings
this year. However, that doesn’t mean small business owners are in the clear. Many are taking
measures to ensure that, in case this recession deepens, they have the resources to make it
through.

After talking with a few small business owners he knows, Thacker noticed common strategies these
individuals are using to protect their businesses. Most of them are reserving safety cash to use in
troubling times. One business owner explained how much he reserves for safety cash: “One month’
s worth of payroll and rent, and enough extra cash to cover two week’s worth of vendor purchases.”
It is important to take whatever precautions you are able to in order to ensure your business’s
survival. Many businesses that didn’t endure the initial hit of the recession would attribute their
failure to exceeding their credit limitations and being overtaken by debt. If you haven’t already,
streamline your budget, and avoid the temptation to rely on credit cards to manage unnecessary
expenses.

Thacker believes that while the economy will eventually recover, there are a number of things that
must occur before that happens:

        The employment outlook must start showing steady improvement
        Consumer confidence must improve significantly
        The stock markets must show continued signs of improvement
        Banks must deal with the enormous amount of “toxic assets” on their         books
        Average companies need to start showing a profit and increasing sales
        There needs to be a pick up in the residential housing market

A number of these may take a considerable amount of time. Until then, it’s important to do what you
can to safeguard your own business in case the economy worsens.

Are You In the Black?
Accounting and Tax Pros, Inc. will be participating in a Business Woman’s Breakfast Seminar this
October at Brookside Country Club. Please let me know if you are interested in attending this all
Woman’s seminar with 5 dynamic speakers.

All Tax Planning and Preparation Fees are 100% deductible on your tax return.

Call (209) 948-3159 today for a convenient appointment
Open Saturdays and Evenings through tax season for your convenience

Lynette C. Rue BSA EA
Bachelors In Business/Accounting
Enrolled Agent - Enrolled To Practice
Before The Internal Revenue Service