Small Businesses & Start-Ups

Small businesses and startups move quickly, balancing growth opportunities with limited resources and evolving demands. Clear financial insight and practical guidance help you build a strong foundation for long-term success.

Lumsden McCormick works with entrepreneurs and emerging businesses to provide accounting, tax, and advisory services tailored to every stage of growth. From entity selection, strategic corporate structuring, and financial reporting to cash flow management and tax planning, we help you make informed decisions that support stability and scalability.

As your business evolves, we provide proactive guidance to address regulatory requirements, funding opportunities, and strategic expansion. Our collaborative approach ensures you have the clarity and confidence needed to focus on innovation, operations, and sustainable growth.

Latest Insight

California Extends Sales Tax to Prewritten Software and SaaS, Effective January 1, 2027

Beginning January 1, 2027, businesses that sell software or Software-as-a-Service (SaaS) to customers in California (or businesses that purchase it) will be subject to the state’s sales and use tax for the first time. This change comes as part of California’s state budget, signed on June 29, 2026. Senate Bill 122 (S.B. 122) extends California’s […]