1-800Accountant offers expert virtual accounting services for small businesses in Ontario, California, helping entrepreneurs manage taxes and bookkeeping while focusing on growth and success.
Business Tax Preparation: Get your taxes prepared and filed by a CPA who knows Ontario's business landscape inside and out. Our CPAs average 17 years of experience, often saving clients thousands annually. We'll handle the complexities of California tax law, so you can focus on running your business with confidence.
Bookkeeping: Build a solid financial foundation with accurate, detailed bookkeeping that saves time and provides crucial insights. Our team delivers clear, easy-to-understand reports that help you make informed decisions about your Ontario-based business. This precise record-keeping also enables your accountant to develop tailored financial models for your company's growth.
Tax Advisory: Tax planning doesn't stop after April 15th. Our year-round tax advisory service connects you with a dedicated small business tax advisor familiar with Ontario's local economy. We'll help you navigate California's tax regulations, minimize your liability, and ensure compliance throughout the year.
Payroll: Simplify your payroll process and free up valuable time. We manage all aspects of payroll, including accurate tax submissions to Ontario and California authorities. This allows you to concentrate on serving your customers and growing your business in the Inland Empire.
Business Formation: Take advantage of our complimentary incorporation services to establish your business in California. You only pay the required state and local fees – we handle the rest. This sets you up to hire employees, open a business bank account, and enjoy the benefits of an optimized structure tailored to Ontario's business environment.
Level | Rate |
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State Tax Rate | 6.00% |
County Tax Rate | 0.25% |
Municipal Tax Rate | 1.00% |
San Bernardino Co Local Tax SL | 1.00% |
San Bernardino Co District Tax SP | 0.50% |
Combined Sales Tax Rate | 8.75% |
City-Specific Taxes |
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Ontario has a Business License Tax that all businesses must pay. The business license tax includes a $50 flat fee plus an additional charge of $0.40 per $1,000 of gross receipts for service businesses. Businesses must obtain and renew their license annually. |
Licenses and Permits |
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All businesses in Ontario, California are required to obtain and maintain a City of Ontario Business License, which must be conspicuously posted at the place of business. |
Businesses operating under a name other than the owner's legal name must file a Fictitious Name Statement with the San Bernardino County Clerk's Office. |
Businesses employing one or more employees must register for an EDD payroll tax account within 15 days of paying more than $100 in wages in a calendar quarter. |
Grants and Funding in Ontario | Grants and Funding Information |
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Community Development Block Grant (CDBG), HOME Investment Partnership (HOME), and Emergency Solutions Grant (ESG) Programs | Provides financial assistance for building, acquiring, or renovating single and multi-family housing units. Supports community development and housing projects within the city. |
Opportunity Zones | Designated areas offering tax incentives to attract private investment for local economic development and community reinvestment projects. Encourages investors to support local business growth and community development initiatives. |
When choosing an accountant or bookkeeper for your Ontario small business, consider these key factors:
Certifications and State Compliance: Make sure your accountant or bookkeeper holds the proper certifications, such as CPA, and is well-versed in California tax regulations and compliance requirements. Their knowledge should cover local financial practices, which is particularly valuable for businesses involved in sectors like manufacturing and logistics in Ontario.
Experience and Specialization: Select a professional who has worked with local industries similar to yours. Ontario's economic landscape features robust manufacturing, food production, and retail sectors, as well as thriving technology and healthcare segments. A specialist with industry experience will be better prepared to handle financial matters that relate specifically to your business operations.
Understanding of Local Economic Conditions: Your financial professional should have a solid grasp of the local economic climate. Ontario is home to significant operations in manufacturing, logistics, and food production, among other growing industries. Familiarity with these sectors helps in making informed financial decisions and in planning strategically for the future.
Knowledge of State Tax Incentives: California offers a variety of tax benefits for businesses, including credits for capital investment and industry-specific incentives. A knowledgeable accountant will be acquainted with these opportunities and can help you take advantage of them to reduce your tax obligations and support your business growth.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.