San Francisco’s CPA for Startups, Safe Harbor LLP Announces October 2018 eLetter with Focus on Online Startup Taxation

San Francisco, California – October 1, 2018. Safe Harbor LLP, considered one of the best accounting firms in the San Francisco Bay Area for technology startups, is proud to release its October eLetter. The popular email newsletter reaches clients and others who want to stay current on taxation and business issues. This month’s edition has an informative article on online taxation in light of the Supreme Court’s South Dakota vs. Wayfair decision.

“Many San Francisco startups focus on the vibrant online opportunity,” explained Chun Wong, Managing Partner at Safe Harbor LLP. “The impact of tax changes such as Wayfair means that having a smart accounting firm that really gets startups is a big plus to their success. Our newsletter’s article is just an entry point to a relationship.”

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To read the accounting firm’s October eLetter, visit https://www.safeharborcpa.com/2018-10/, and to read an article about choosing the best San Francisco accounting firm for startups visit https://www.safeharborcpa.com/startup-cpa/. Persons interested in the content of the eLetter or the materials on startups are encouraged to visit the website and reach out for a consultation. Those who want to leverage Safe Harbor’s experience as a tax advisor can also visit https://www.safeharborcpa.com/tax-advisor/.

RAPID TAX CHANGES MEAN THE NEED FOR A TOP-RATED CPA FIRM IN THE BAY AREA

Here is background on this release. Many factors are conspiring to increase the complexity of the US tax code. Of course there are the so-called “Trump” tax changes, which have had a huge impact on California due to restrictions on state and local taxes. Then, there is the booming tech economy which is propelling more and more San Francisco residents and businesses into higher and higher tax brackets. And finally there are Supreme Court decisions such as the South Dakota v. Wayfair decision which impact online businesses that sell across state lines. For this reason, Safe Harbor is seeing an uptick in inquiries from businesses that want an “outsourced CFO,” that is a tax and business financial advisor that can operate “on demand” for businesses rather than being an expensive full time employee. Indeed, with a heavy expertise in international tax, Safe Harbor LLP has become known as one of the best boutique CPA firms in the city for small businesses.

ABOUT SAFE HARBOR LLP – A PROFESSIONAL CPA FIRM IN SAN FRANCISCO

Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.

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