Together CFO

Together CFO Helping Business Owners, High Net Worth & Family Offices Reduce Tax Liability & Eliminate Capital Gains using our Unique Tax Strategies

Your Personal and Virtual CFO, helping small business have a higher level of finance experience at a fraction of the price

16/09/2026

After today, the clock doesn’t stop. It just changes.

Extended S-corp and partnership returns due September 15 spit out K-1s that feed personal returns racing toward October 15. Messy books don’t just make a late entity return. They make a wrong K-1 — and then a personal mess a month later when the owner’s CPA asks questions nobody can answer from the ledger.

A client of ours — an LA business attorney — thought the entity filing was “the CPA’s problem.”

His draws, loans, and reimbursements still didn’t match the books. The draft K-1 was going to invent a story the bank couldn’t back. That’s how October gets expensive even when September “got filed.”

We cleaned the books first: bank recs, owner activity, payroll ties, then a clean handoff so the K-1 matched reality instead of last year’s guess.

Books first. Return second. Personal return last.

If your entity return went out today and you can’t explain every number on the draft K-1, what happens to your personal return in four weeks?

15/09/2026

Mid-September is when Q4 either gets planned or gets improvised.

A lot of $5M+ owners wait until Black Friday week to notice inventory, ads, and payroll all hit before the money comes back. The cash-ops playbooks keep saying the same thing: a 13-week view started now beats a December panic — and today’s tax wire is exactly the kind of lump that wrecks an unplanned calendar.

A client who runs a $5M+ ecom brand recognized the pattern immediately.

Ads were working. Orders were in. The weeks before inventory pays and payroll still felt like a cliff — and the September 15 estimate made the cliff sharper.

That’s not a demand problem. That’s a timing problem.

We mapped the next 90 days of cash in and cash out, parked the tax payment on the calendar where it belonged, and stopped treating the bank balance as a surprise every Monday morning.

Q4 doesn’t forgive owners who confuse a busy P&L with a funded calendar.

If your holiday season is already loading inventory and ad spend, do you know which week the account goes thin — or will you find out the hard way?

15/09/2026

Today’s estimate doesn’t care that payroll hits this week.

September 15 is when a lot of owners discover tax and operations are fighting for the same checking account — rent, vendors, and a six-figure IRS wire all showing up in the same fourteen days.

A Westside dentist we work with had the wire amount ready — and still felt sick looking at next Friday’s payroll.

“How are we this busy and this tight?”

Wrong mystery. Right diagnosis.

Profit on the P&L and cash in the bank are not the same thing. A big tax payment without a short forward view turns a good month into a scramble. Collections lag. Supplies don’t. Owner draws often ignore both.

We separated profit from cash, timed the estimate against expected collections, and built a simple week-by-week view so Q4 doesn’t start already underwater.

Revenue is a vanity metric if the calendar is broken.

If the IRS payment cleared today and the bank still feels thin, are you managing tax — or just surviving the due date?

11/09/2026

September 15 isn't only estimated tax. Extended S-corp and partnership returns are due too.

A client who owns a $5M+ ecom brand texted: "My CPA needs final numbers. I thought we had until October."

Wrong year. Right panic. Uncleared cards and draws in the wrong buckets.

We closed the period and got the package to the CPA before the fire drill.

Extensions buy filing time. They don't buy clean books.

What's still sitting in misc?

11/09/2026

It's National Payroll Week. The IRS wants a paycheck checkup.

A Westside dentist we work with thought payroll was handled — until a deposit miss stacked with a benefits change and a misclassified contractor.

Cash looked fine on the P&L. The bank account disagreed.

We pulled payroll, bank, and tax deposits into one weekly view and put a checklist on every pay run.

Can you answer "are we current on deposits?" in one sentence?

09/09/2026

A service-business owner paid Q2 off “safe harbor from last year,” then had a huge summer. Q3 was due in days and nobody had updated the estimate.

Safe harbor can stop some penalties. It doesn’t stop April shock when profit ran hot and you under-reserved all year.

What we did: pull year-to-date books, annualize the summer spike, set aside the Q3 payment in a separate tax account, and put a 13-week cash view next to the tax calendar so payroll and the IRS don’t fight for the same dollars.

Estimated tax is a cash-flow habit, not a once-a-quarter panic.

Is your September 15 payment based on this year’s books — or still on last year’s safe harbor?

08/09/2026

A growth-stage LA company had a fat R&D credit carryforward on the spreadsheet — and still wrote a big California check.

Credits you “have” are not cash until the state lets you use them. The $5M yearly cap means planning has to model usable credits, not headline credits.

Rebuild the tax cash forecast with the real annual ceiling. Time income and credit use across years. Stop treating carryforwards like money in the bank.

California tax cash is an operations problem as much as a tax problem.

Are you planning off credits you can use this year — or off a spreadsheet total still stuck behind the state cap?

08/09/2026

An LA owner thought “we extended, so we’re fine.” Then the CPA asked for a clean P&L, balance sheet, and owner draws. The books were three months behind.

September 15 is not just a filing date. It is when K-1s have to go out. Late books mean late K-1s. Everyone scrambles.

We closed July and August in a week. Reconciled the bank and cards. Locked owner draws. Handed the CPA a package they could file from — not a shoebox.

An extension buys time on the return. It does not buy time on bad books.

What is stuck for you right now — bank recs, owner draws, or the P&L?

Address

CA

Opening Hours

Monday 08:00 - 19:00
Tuesday 08:00 - 19:00
Wednesday 08:00 - 19:00
Thursday 08:00 - 19:00
Friday 06:00 - 19:00

Telephone

+14246008407

Website

Alerts

Be the first to know and let us send you an email when Together CFO posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Together CFO:

Shortcuts

  • Want your business to be the top-listed Business?

Share