Tax Planning Services for Businesses Using the Profit First Cash Management System

Proactive Tax Strategy That Works With Profit First

Running your business on Profit First means every dollar is allocated strategically to Profit, Owner’s Pay, Taxes, and Operating Expenses. But if your tax strategy isn’t aligned with these allocations, you could be leaving cash—and profit—on the table.


Straight Talk CPAs helps business leaders turn their Profit First financials into a proactive tax plan that supports growth and profitability. We don’t just prepare filings—we align tax strategy with CAPs (Current Allocation Percentages), TAPs (Target Allocation Percentages), and owner distributions. The result? Taxes become a tool for cash confidence, owner pay optimization, and long-term permanent profitability.

Real-Time Insights. Real Results.

We don’t wait for year-end or scramble at the last minute. Our Profit First–aligned tax planning starts with reconciled allocations and clear cash positions, giving us visibility to spot timing opportunities, forecast liabilities, and make adjustments before they become issues.


From structuring owner compensation to planning distributions, leveraging timing strategies, and optimizing allocations, our Profit First tax planning ensures every financial move supports your business’s broader cash-first priorities. This isn’t about chasing deductions—it’s about turning taxes into an active lever for predictable profitability and financial discipline.

Our Profit First Tax Planning Services Include

  • Quarterly Tax Estimates
    Stay ahead of liabilities with projections based on CAPs, TAPs, and Profit First allocations.
  • Entity Structure Review
    Align your business structure with long-term growth, tax efficiency, and a cash-first strategy.
  • Income Shifting & Timing Strategies
    Move income or expenses strategically to minimize tax impact while respecting allocations.
  • Owner Compensation Optimization
    Balance payroll, distributions, and draws for compliance and efficiency within your Profit First system.
  • Year-End Planning & Projections
    Plan cash flow, avoid surprises, and maximize profit—built on CAPs, TAPs, and reconciled allocations.

Wondering if your Profit First allocations are working as hard as they should? We simplify complex numbers, highlight opportunities, and give actionable next steps—so you lead with clarity, not uncertainty.



We don’t just provide reports; we deliver guidance that informs CAPs, TAPs, owner pay, and operating expense decisions, helping you maintain permanent profitability and long-term cash confidence.

For Leaders Who Want Cash Confidence, Not Surprises

Why Work With Straight Talk CPAs?

  • We integrate with your Profit First system
    No need to change your accounts—we align tax planning with your Profit, Owner’s Pay, Tax, and OpEx allocations.
  • We go beyond compliance
    Proactive strategies for CAPs, TAPs, owner distributions, and timing ensure your cash-first system works efficiently.
  • We make it clear and actionable
    No jargon, no guesswork—just insights you can use to optimize cash flow, owner pay, and profitability.


Need executive-level insight too?
We also offer Profit First CFO services—keeping tax planning, cash strategy, and allocations fully aligned.

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"Before Straight Talk CPAs, taxes felt unpredictable. Now, with Profit First–aligned tax planning, CAPs and TAPs are precise, and we have complete cash confidence."

David Ellis, Owner, Specialty Bakery

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"Straight Talk CPA's guidance optimized our owner pay and tax strategy. Every decision now aligns with our Profit First priorities."



Rachel Kim, CEO, Boutique Marketing Firm

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"With Straight Talk CPAs, our Profit First system and tax planning work hand-in-hand. We feel confident and in control all year."

Sophie Rao, Founder, Fitness Studio

FAQs

  • How does Profit First tax planning differ from standard services?

    We embed tax strategy directly into your Profit First allocations, leveraging CAPs, TAPs, and reconciled accounts for proactive, cash-first planning.


  • Do I need to change my Profit First setup to work with you?

    No. We integrate seamlessly into your existing accounts for Profit, Owner’s Pay, Tax, and OpEx.


  • Can you help with owner compensation and distributions?

    Yes. We optimize owner pay, draws, and payroll within your Profit First system while staying compliant.


  • How do you support quarterly planning?

    We generate tax projections and estimates based on CAPs, TAPs, and allocations, keeping cash flow predictable and aligned with Profit First principles.


  • Are your services audit-ready?

    Absolutely. Everything is GAAP-compliant, fully aligned with Profit First allocations, and structured for audits or due diligence.