Ellis CPA • Leading the tax industry into the 21st century • Powerhouse Tax Strategistist
We exist to make business lucrative, cut costs, cut tax, build wealth & help carve your mark on the universe. Our unique services are ideally suited to the 21st century's complex business environment. From our home in the cloud, our unique solutions to common business problems create competitive advantage out of thin air. Every dollar saved drops straight to the bottom line as another dollar of cash, working capital, profits and competitive advantage.
QUOTE – “Privately owned businesses pay more tax than the law requires at higher rates than the Global 500.” [SBA, GAO & Huffington Puffington Post]
QUOTE – “60 of America’s biggest companies pay no federal income tax.” [CBS] Examples include Apple, Google, Caterpillar, and General Electric. Apple’s tax practices were the subject of a Congressional hearing in 2013 for offshore profit shifting. (Google it.)
QUOTE – “Business owners expect their CPA to be proactive in finding ways to reduce expenses and reduce taxes.
QUOTE – “People want to be told what to do so badly, they’ll listen to anyone.” [Don Draper]
This is the area Ellis works in, Tax & Organization Strategies. Nobody else does what we do.
Aside from the economy, 29 % of respondents cited competition within their industry as the one number reason they are not profitable; while 10 % cited company inefficiencies in sales, finance, operations or labor; and one percent cited management.
“72% of private business owners have switched CPA firms because the firm ‘did not give proactive advice, only reactive service.'” [The Sleeter Group.]
96% of all businesses fail within 10 years, with 80% failing within the first two years. But even the 4% that make it aren’t necessarily successful or profitable; it just means they’ve survived. If this weren’t enough… 95% of companies will never reach $1 million in annual sales. And out of these rare few, 95% won’t ever make it to $5 million. And of those, 98% won’t get to $10 million. Less than a tenth of a percent will make it to $10 million. And very, very few go beyond $100 million. [Sabri Suby]