Worker's Compensation Insurance is mandated in California. It provides direct medical treatment and indemnity benefits to California's injured workers. Dependent on an organization's size there may be periodic mandated reporting aside from an annual mandated audit.

Depending on the type of business local, state and federal returns such as Sales Tax returns, Personal Property Tax returns and Exemptions as well as annual independent contractor 1099 forms must be handled in a timely manner.

All businesses should have a basic level of business liability insurance. Certain businesses must retain licenses or permits to operate and must be sure to send in renewal payments. Periodic tracking and renewals of your Business insurance, permits and license should be calendared.

At tax time have your Financials sent to your Tax Accountant at year end, including the schedules and reports to complete your tax return with internal annual audit support.