Profitable Painter CPA

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Profitable Painter CPA We help painting business owners know their numbers and what they mean and save big in tax through bookkeeping, advisory, and tax services.

Online Bookkeep LLC was founded in 2016 by Daniel and Melissa Honan, painting business owners who knew how frustrating financial services can be. Passionate about using their extensive accounting and customer service experience to support trades business owners in their journey towards growth, Daniel & Melissa's goal was to elevate the client experience. Over the years, Online Bookkeep LLC has been built on solid client relationships and the industry-specific knowledge that trades business owners need. Unique processes that make the bookkeeping and tax side easier for owners has led to sustained growth and savings for OBK clients. In October of 2020, Online Bookkeep LLC welcomed Morgan Ray as a partner of the firm. Morgan's expertise in strategic planning and organizational development has been a natural complement to our suite of accounting, tax, and advising services. Today, we at Online Bookkeep LLC ask that trades business owners Raise Their Expectations, and we rise to the challenge! Each of us has a genuine drive to work with you to make your life easier and your business thrive. Join our community of thrilled clients, and experience a new type of support for your business. Information you can rely on, from a partner that you know and trust.

10/16/2026

"Make Your Child a Millionaire Before 18"

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“That's how you make your child a millionaire before they're 18.” Cody Hall reacts as Daniel Honan, CPA, explains hiring your kids through a sole proprietorship: no payroll taxes when you pay your kids, their standard deduction wipes out the tax, and a Roth IRA lets the money grow tax-free.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/16/2026

"I Used to Say File It Yourself. Don't."

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“I used to say it's an easy form, you could probably file it yourself. Don't do that.” Daniel Honan, CPA, on the 2553: people who filed it themselves screwed it up, filed as an S corp for years, and the IRS didn't have them down as one. You literally can't get anything wrong on it, so get someone to do it for you.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/16/2026

"$100,000 Truck. No Money Down."

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“You could 100% finance a vehicle, let's say it's a $100,000 vehicle like a truck. So you put no money down.” Daniel Honan, CPA, on how that can potentially, if it meets the requirements, get you bonus depreciation and write off all or a considerable amount of it on that year's tax return without putting any money down.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/16/2026

"Should've Been S Corp $2 Million Ago"

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“Should have been S corp $2 million ago.” Cody Hall asks when the right time is. Daniel Honan, CPA, on the rule of thumb of $60,000 to $70,000 in bottom-line net profit on the cash basis, and why the tax savings don't just pour in: the upfront costs add up to $4,000 to $5,000 in additional administrative cost.

Free Book for Painting Contractors:
profitablepaintercpa.com/book

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

10/16/2026

"My Kid Makes 35 Bucks an Hour"

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“My kid makes 35 bucks an hour.” Cody Hall asks about paying your kids. Daniel Honan, CPA, on why you're not going to pay your seven-year-old $35 an hour for janitorial work: it has to be what you'd pay someone else for the same work, it's a high-risk strategy, and the IRS will look at it if you're audited.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/15/2026

"Reasonable Salary? Everyone Picks $50K"

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“Reasonable salary? Everyone just always picks $50,000.” Cody Hall on owners who pay themselves the smallest amount and make the rest disappear with expenses, which is fraud. Daniel Honan, CPA, on setting your officer salary not too much and not too little: pay yourself what you would pay someone else to do all of the things you do.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/15/2026

"My CPA Tells Me If I Need to Buy a Truck"

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“I just wait to the end of the year, and my CPA tells me if I need to buy a truck or not.” Cody Hall calls that a strategy for when planning failed. Daniel Honan, CPA, on tax planning in December (better late than never), why ideally you start as early as possible in the year, and why in January you're a bit too late.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/15/2026

"Do I Really Need to Pay My Wife?"

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“Do I really need to pay my wife? Does she need to get a salary?” Cody Hall hears it from painting business owners. Daniel Honan, CPA, on why it depends: paying into Social Security is one reason, and if you have a 401(k) set up in your painting business, a spouse paid through the company can max it out, tax-free. Without either, he's running out of reasons.

Free Book for Painting Contractors:
profitablepaintercpa.com/book

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

10/15/2026

"I Paid Every Quarter. Why Am I Owing?"

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“I paid every quarter. Why am I owing at the end of the year?” Cody Hall hears it from painting business owners. Daniel Honan, CPA, on the 1040 vouchers your CPA should give you: they show how much to pay each quarter so you don't get hit with penalties. But if you did really well and didn't have any tax strategies implemented, you can still owe more tax.

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Free Book for Painting Contractors:
profitablepaintercpa.com/book

10/13/2026

"Every Friday, I Move the Money"

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Choose one allocation day, like every Friday. Daniel Honan, CPA, on the weekly Profit First process: check what entered the revenue account, multiply it by each percentage, transfer the money into profit, tax and operating, review the operating balance against upcoming bills and payroll, and protect the money first.

Free Book for Painting Contractors:
profitablepaintercpa.com/book

Want us to look at your numbers? Book a free Profit Checkup:
profitablepaintercpa.com/vsl

Address

Services Available In:
Orlando, FL
32804

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

(800) 605-1921

Website

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