CFO:
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a chief financial officer, a senior executive with responsibility for the financial affairs of a corporation or other institution.
You don’t have to be a multi national company to have one…
Overview
Running a business requires operating in a complex environment filled with governmental regulations, tax codes, human resource issues, financing and industry specific issues. A business owner’s time is best spent finding customers, making sales, planning for growth or change and improving the net worth of their business and family. Our purpose is to provide information to users of this website in a manner that allows them to make more informed decisions. Decisions that will optimize their results while minimizing any related costs or damages. We have our jeans on because we are ready to do the hard work with you.
Mission Statement
BluejeanCFO serves the BUSINESS COMMUNITY: it’s owners, employees, family members, customers and vendors. Our mission is to provide timely, accurate and meaningful information for the use of our readers. We involve highly qualified professionals in the creation of our content to provide the greatest value possible. Our objective is to reduce anxiety, conflict, and those financial and emotional damages that can result during the course of operating a business. The common experiences we share should benefit each other, facilitating the ENJOYMENT and SUCCESS that is the potential of every business.
Frequently Asked Questions
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Success Stories
We needed to structure the dissolution of our LLC subsequent to exchanging an apartment building. Eric assisted us in determining what the restrictions were, how to structure the LLC dissolution while retaining the tax deferred aspects of the exchange and calculating the tax basis of our properties moving forward.
Our Mother had over $30,000 levied from her savings account by the CA Franchise Tax Board. We had no information why. Eric was able to determine why the assessment was made, that it was incorrect, and assist in getting the funds refunded.
I was in a general partnership with an elderly family member that had been established years before. Eric suggested that the partnership be converted to limited partnership and to make the elderly family member a limited partner. As a limited partner, she was no longer subject to self- employment tax on her share of net profit from the business.