Cash Profit
“We experienced a massive drop in revenue this quarter, are there any immediate federal tax credits available to help me keep my employees on payroll?”
A sharp revenue drop can affect payroll planning in several ways, and the federal tax picture often depends on what kind of business you operate, how payroll is tracked, and whether the slowdown is temporary or part of a larger disruption. In many cases, the available relief is shaped by the type of employees on staff, prior payroll filings, and whether the business has already claimed certain incentives or credits. The timing of the revenue decline and how cash flow is documented can also matter when evaluating what relief may still be available. A focused session can map this against your actual situation in plain English.
In your 90-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“How do I know how much of my money is actually mine vs the IRS's?”
“I operate on an accrual accounting basis but clients are paying me months late, can I switch to cash basis so I don't pay taxes on money I don't have?”
“I received a grant from the local government to keep my small business open, is this cash injection considered taxable income by the IRS?”
“I am consistently short on cash when quarterly taxes are due, how do I set up a separate tax savings account without co-mingling my operational funds?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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