Updated
Business Tax Reform & Founder Records
Review the post-Proposition M rules
San Francisco restructured its business-tax system under Proposition M, with changes beginning in tax year 2025. Review the current filing guidance and applicable thresholds rather than carrying forward a prior year's assumptions. The business activity and San Francisco receipts remain central to the analysis. San Francisco business-tax reform.
Annual registration and tax reconciliation
The Treasurer's current annual filing resource connects business registration with the relevant tax-year reporting. Reconcile city receipts, business classifications, prior payments, and the return period to the ledger. Keep the submitted confirmation and any exemption support with that workpaper. San Francisco annual registration and tax filing.
Equity, a transaction, or a change of residence
Before exercising equity, selling a business interest, or moving, gather grant agreements, vesting and exercise records, basis support, and the residence timeline. We identify the tax and reporting questions while there is still time to assess alternatives and coordinate with other advisers.
How we scope the work
We start with the decision or filing you need to complete, the entities and people involved, and the deadline. After reviewing the available records, we identify missing information and propose the services and deliverables. For ongoing work, we establish a close and filing calendar so bookkeeping, tax projections, and owner reporting use consistent information.
For an audit or other assurance request, bring the lender, grant, board, or regulatory requirement. We confirm the engagement type and applicable professional requirements before accepting the work.
CPA services for San Francisco clients
Tax preparation
Coordinate business and owner returns using reconciled income, allocations, and payment records.
Tax planning
Compare entity elections, transaction timing, and owner consequences before making a decision.
Financial reporting & cash flow
Connect the monthly close, forecasts, and financing needs to clear management reports.
Audit & assurance
Review the intended financial-statement user, required engagement, records, and deadline to define the appropriate scope.
San Francisco CPA questions
When should I ask for advice about an equity event?
Before the exercise, sale, or binding transaction whenever possible. Send the agreements, expected dates, and available basis records so the review can focus on actual choices and filing deadlines.
How do San Francisco clients work with KAS?
We provide virtual service through secure document exchange, scheduled video meetings, and electronic signatures. The engagement defines the services, responsibilities, and deadlines; this service area does not represent a walk-in office.