The firm established itself early as a thought leader in startup accounting. On the investment funds side, it was Real Estate CPA and Venture Capital CPA work that became an early and strong focus area due to deep subject matter expertise, especially with regard to International Tax. More recently, Mr. Azran has established himself as a thought leader in the area of Blockchain Accounting and Cryptocurrency Taxation. Joshua’s innovative thinking has been recognized by top financial publications and organizations. He has been instrumental in helping clients navigate complex tax regulations, earning him a reputation as a trusted advisor to business owners and high-net-worth individuals alike.
Cash Flow Management
Azran Financial uses an encrypted online client portal, enabling secure communication and constant access to key financial documents. Azran Financial is your trusted advisor for sound planning and the long-term preservation and growth of your personal and business financial matters. If your business is not currently taking advantage of the R&D Tax Credit, reach out azran financial and ask us why! We can quickly help you determine whether your business should be claiming this very effective tax credit. Enacted in 1981, this incentive has proven to be very valuable over the years, yielding in excess of $14 billion dollars annually in benefits to companies engaging in research and development activities.
ACCOUNTING, TAX, FINANCE, & CONSULTING FOR ENTREPRENEURS
Conversely, if your revenue increased by 30 percent for 2011 over that from 2010, but your expenses only increased by 10 percent, this suggests that your business model could be hyper-efficient. It is important to get to the bottom of these trends in order to have an accurate picture of your business’s performance and to make important financial decisions. Many small business accounting software packages allow you to create a budget, either based on a previous year’s records or from scratch.
I am forever grateful for this considering how trustworthy the team was in handling my accounting. From an income tax perspective, the IRS is very flexible in allowing you to choose an accounting method. According to its rules, you may use any method as long as it clearly reflects income and expenses and you treat all items of income and expenses in the same manner from year to year.
- He has been instrumental in helping clients navigate complex tax regulations, earning him a reputation as a trusted advisor to business owners and high-net-worth individuals alike.
- He helped me reconcile all of my different tax obligations and deal with the headache of foreign income.
- The firm established itself early as a thought leader in startup accounting.
Member of the Association of Certified Fraud Examiners (ACFE) Advisory Council
If you are conducting, operating or managing a business within the certain cities and counties (including the City and County of Los Angeles respectively), you may be subject to business tax and/or business property tax. In most jurisdictions, all types of business formations including LLCs, independent contractors and home-based businesses are also subject to this provision. The R&D Tax Credit is also subject to regular modifications to its various requirements through regulatory rule making, and common law action through the tax courts must be taken into consideration as well.
Business Owner at Azran Financial
If you sell goods, almost any basic software business software program will suffice, however should your business provide primary contracting services, you may want to consider a software package that focuses on project accounting. Should your business manage real property, you may want to consider a package that focuses on fixed income accounting. Even though these specializations may immediately cost more, they will prove vital to your long term financial management.
We have a strong focus on Entrepreneurs and Early Stage Startup Growth companies with a significant presence in Silicon Beach. Founded by a serial entrepreneur and former business consultant, Azran Financial is the commensurate founder’s accounting firm. The cost of hiring a full-time CFO can range up to well over $100,000 per year plus bonuses and benefits.
We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations. If you still have all your plans and ideas locked up inside your head, preparing a strategic plan can help you clarify your company’s direction. It can ensure that your key leaders are all on the same page and keeps both management and staff focused on the tasks at hand. We can help your business identify areas that are negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. It can ensure that your key leaders are all on the same page, and keeps both management and staff focused on the tasks at hand.
Maginam provided Startup CFO services to a variety of tech startups & entertainment companies during this time. A heavy focus was on the “second wave of mobile startups,” with Joshua serving in the top finance roles (Finance Director & CFO) and overseeing day-to-day operations at one of the market leaders. Joshua V. Azran is a Certified Public Accountant (CPA) with extensive experience ensuring clients’ financial success by providing strategic guidance and management of financial functions. Joshua is a visionary leader with expertise in public accounting, corporate finance, strategic management, financial restructuring, business valuation, management consulting, and business development. He is skilled at identifying value-added opportunities, implementing solutions, and partnering with professionals at all organizational levels to ensure financial initiatives’ success. He excels at utilizing a consultative client approach to bring integrated solutions to even the most complex issues.
- If you are conducting, operating or managing a business within the certain cities and counties (including the City and County of Los Angeles respectively), you may be subject to business tax and/or business property tax.
- This method of accounting is preferable because it allows you to more closely match the income your business generates to the expenses you incurred to earn it.
- With decades of experience and multiple professional certifications, Joshua is at the forefront of innovative financial solutions.
- Developing and implementing a well-designed succession plan is essential to the survival of a family business from one generation to the next.
- A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business.
Forensic Accounting
Acting as your personal CFO and financial concierge, we work in coordination with your other service providers, (agents, managers, attorneys, bankers, and investment advisors), to help simplify the complex issues facing high net worth individuals. My startup company grew from 3 friends working together in a garage to $20,000,000 a year in revenue. Azran financial provided both financial and strategic services and it was excellent and genuine.