Buyer question
What goes wrong?
The problems owners actually run into: with their books, their accountant, their cash, and their tax bill, and what fixes each one.
article · Cash Flow
When Does Debt Make Sense for an Optometry Practice?
Practice debt makes sense when the financed asset generates more revenue than it costs to service. It stops making sense when you are...
article · Washington Taxes
B&O Tax Mistakes That Cost Washington Service Businesses
Washington B&O is a gross receipts tax, and the classification you file under sets your rate. Contractors generally file under Retailing...
article · Tax Planning
What Skipping Quarterly Tax Planning Costs an OD
Most practices set quarterly estimated payments to avoid a penalty, then find out in April what they missed. The decisions that actually...
article · Practice Management
5 Financial Red Flags in Your Optometry Reports
Most practice owners notice something is wrong in the bank balance before they see it in their monthly reports. These five red flags show up...
article · Practice Management
Why Revenue Forecasting Fails in Optometry Practices
Optical product sales and clinical exam revenue move on different clocks and respond to different inputs. Blending them into one forecast...
article · Practice Management
Frame Inventory Is a Loan You Made to Your Wall
Your frame board is working capital tied to a wall. At 2 to 3 turns per year, that capital is working. Below 1.5 turns, a growing share of...
article · Cash Flow
Your Books Look Clean. So Why Is Cash Still Tight?
Profit and cash are different clocks. Receivables that pay in 45 days, loan principal that never touches the profit line, owner draws, and...
article · Practice Management
Optometry Practice Margins: Exam Lane vs. Optical
An optometry practice is a clinic and a retail store sharing a roof. Blending them into one profit line hides underpriced chair time, slow...
Our clients' reviews
Here is what they say about working with us
I have been doing business with Caro & Associates for about 2 years now; personal and business account and I have wonderful things to say. First of all, they have saved me tons of money, I finally found an accounting company that won't overcharge me and will follow the rules to the "T". Secondly, their customer service is amazing, the Owner Jose Caro came to meet me several times and answer all my questions. The key to a great relationship with any professional is communication, whether it is an email or a phone call they are very timely when it comes to responding. I was so impressed with the service I began to refer my clients and every one of them has been just as pleased.
I’ve been working with Jose, owner of Caro & Associates for a few years now. Jose is a wealth of knowledge when it comes to tax preparation and planning. I highly recommend Jose and his team. They’re dedicated to providing the highest level of customer service. In addition, I have referred most of my clients to Jose with the peace of mind of knowing that Jose and his team will take great care of them.
Jose is the best accountant I've worked with, He takes the time to explain your options, he's very attentive whenever I need help with something, highly recommended.
The team at Caro and Associates are tax wizards. I thought I was going to owe almost $20k and they got me a small refund. I've been working with them as my accounting and payroll team since I opened my small Healthcare practice, Novel Eyes. Jose came highly recommended by several unconnected people and I feel like I'm in very good hands.