Tax insights from David Rachford CPA
Practical tax guidance for Santa Barbara County small business owners, S-corp shareholders, and real estate investors. Written by David Rachford, CPA.
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S-Corp Tax · June 2026
Getting your S-corp salary wrong costs you money in two directions: underpay and the IRS notices; overpay and you wipe out your self-employment tax savings. Here's how David Rachford CPA approaches reasonable compensation for California S-corps.
Read article →California Tax · May 2026
California's AB 150 PTE election lets S-corp and partnership owners work around the $10,000 federal SALT deduction cap. It's one of the most underused planning tools for California business owners — and the timing matters more than most people realize.
Read article →HOA Tax · April 2026
Most HOA board members don't realize their association has a federal tax filing requirement. Here's a plain-English guide to Form 1120-H, exempt function income, and the California HOA tax rules that catch associations off guard.
Read article →Startup Tax · March 2026
If you founded or invested in a C-corp startup and have held your shares for more than five years, Section 1202 may let you exclude up to $10 million in gain from federal tax. Here's what qualifies — and the mistakes that kill eligibility.
Read article →Book a free 20-min call with David Rachford CPA. No obligation.
Book a free call(805) 729-3333 · Goleta, CA
David Rachford is a Certified Public Accountant based in Goleta, CA. He serves small businesses, S-corp shareholders, and real estate investors throughout Santa Barbara County.
About David →David Rachford CPA offers a free 20-minute consultation for new clients in Goleta and Santa Barbara County.
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