Local Accounting Services in Los Angeles, California

Get accounting, bookkeeping, and tax advisory services for your Los Angeles, CA business from America's leading virtual accounting service.

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Local Tax Expertise

We maximize your deductions, ensure compliance, and handle all filings. Your dedicated accountant knows your city's local tax rules and your industry inside out.
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Ongoing Bookkeeping

Your books stay accurate and up-to-date every month, so tax season is predictable and never a scramble. Real-time clarity on your business finances, year-round.
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Payroll Support

We handle employee payments, tax withholdings, and compliance so your team gets paid correctly and on time, every time. No errors, no stress.
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Year-Round Advisory

Schedule time with your dedicated team whenever you need it, no waiting for an annual meeting. Proactive financial insights that help you make smarter decisions all year long.

LevelRate
State Tax Rate6.00%
County Tax Rate3.25%
Municipal Tax Rate0.25%
Combined Sales Tax Rate9.50%

City-Specific Taxes
Business tax on gross receipts.

Licenses and Permits
Sign permits required.
Permits required for businesses with burglar alarms (ex: pawn shops, jewelry stores)

The LA County Department of Economic Opportunity can help LA businesses find grants. Learn more here.

 

Grants and Funding in CaliforniaGrants and Funding Information

PACE - Small Business Grant Program

Provides $5,000-$10,000 grants to small businesses in unincorporated areas of LA County.

Local Initiatives Support Corporation (LISC)

Provides working capital loans of $100,000 - $500,000 for commercial and small businesses.

ONE LA Inclusive Procurement Program

Provides pathways to contract opportunities for small businesses via the LA Chamber of Commerce.

 

What to Look for in Los Angeles, California Accounting and Bookkeeping Services

Tax Advisory: Tax considerations for businesses in California extend far beyond April. Through our affordable tax advisory service, you'll have a dedicated small business CPA by your side, providing year-round guidance to minimize your tax liability in Los Angeles while ensuring compliance with state and local regulations.

Payroll: Streamline your operations and save valuable time with our comprehensive payroll services. We handle regular tax submissions to the city of Los Angeles, ensuring accuracy and freeing you to focus on growing your business.

Business Formation: Unlock the advantages of officially establishing your business in California with our complimentary incorporation services. Simply cover any Los Angeles fees, and we'll manage the rest, putting you on the path to hiring employees, creating a business bank account, and maximizing tax savings through an optimized business structure.

Bookkeeping: Establish a solid financial foundation and maintain a healthy cash flow with our meticulous bookkeeping services tailored for businesses in Los Angeles. Our error-free process delivers easy-to-understand reporting, providing crucial insights that empower you to make data-driven decisions and enabling your accountant to develop vital financial modeling strategies.

Business Tax Preparation: Navigating the complex tax landscape in Los Angeles can be daunting, but our team of CPAs has you covered. With an average of 17 years of experience in the industry, our experts can save you thousands annually by handling your intricate LA tax preparation, ensuring you're always confident and compliant.

  1. Set up a time for us to give you a call.
  2. Tell us what’s going on with your business.
  3. Get matched with an accountant who knows your industry & local regulations.

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 entertainment, technology, and international trade, 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, research and development, and clean energy initiatives. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.