Insights from OnTarget CPA

The Biggest Financial Risk You Overlook Isn’t a Lack of Work. It’s Not Knowing Whether Your Work Is Actually Profitable. By Michael Jamison, CPA, CGMA If I had to identify one financial reporting issue that consistently separates successful construction companies...

Business owner retirement planning should start before a sale. Learn how 401(k) and cash balance plans can build wealth and reduce reliance on an exit. By Michael Jamison, CPA, CGMA   One of the most common business owner retirement planning...

Learn how tax strategies shift when business income jumps from $200,000 to $1 million. Avoid common tax traps, optimize structures, and build real wealth. Michael Jamison, CPA, CGMA   Often I see business owners struggle with their own mindset about...

Discover why accurate financial information with data and job costing help landscaping businesses scaling from $2M to $10M without shrinking profits. By Michael Jamison, CPA, CGMA   A major difference between landscaping companies that successfully scale from $2 million to...

Learn how home service companies scale with better financial support, smarter delegation, stronger systems, and less owner burnout as the business grows. By Michael Jamison, CPA, CGMA   Many home services companies do not stop growing because the market is...

Should you sell your home services business? Learn what owners should consider before selling and how timing can impact long term business value. By Michael Jamison, CPA, CGMA   One of the most important decisions a successful home services business...

Getting an IRS letter as a business owner triggers immediate stress - but most notices are manageable when you know how to read them and respond correctly. Every IRS notice carries a CP or LTR code in the upper right...

Learn how succession planning for business owners can help protect company value, prepare for ownership changes, and create a stronger path forward. By Michael Jamison, CPA, CGMA   For years, I have had the same frustrating conversation around how succession...

An Offer in Compromise is one of the few IRS programs that actually allows taxpayers to settle federal tax debt for less than the full amount owed. The key is understanding that the IRS accepts these offers based on a...