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Handy Accounting Service

Placentia, California

Bookkeeping, tax, and payroll for Placentia businesses

Smaller city, lots of home-based and single-owner businesses. The recurring issue we see is worker classification — treating someone as a 1099 contractor when California's rules say otherwise.

Services in Placentia

What we can take off your plate

California-specific things that catch people out

These apply everywhere in the state, Placentia included, and they're the issues we most often find already in progress when someone calls.

The $800 minimum franchise tax

LLCs and corporations owe it whether or not the business made money. Plenty of people form an entity, never trade, and are surprised by the bill.

The 1.5% S-Corp tax

California taxes S-Corp net income at 1.5% with an $800 floor. It doesn't usually kill the S-Corp benefit, but it raises the break-even point above what national calculators show.

Worker classification

California's test for independent contractor status is stricter than the federal one. Misclassification is expensive and it's an area the state actively pursues.

The LLC gross receipts fee

Above $250,000 in California-sourced gross receipts, LLCs owe an additional fee on a sliding scale — separate from the $800 minimum.

General information, current as of the 2025 tax year. Thresholds and rates change — confirm your specific situation with us before acting on any of it.

Serving Placentia from just up the road

Free 30-minute consultation. Same time zone, same state rules, same person on the phone every time.

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