IRS Letters: Tax Scam or Something You Need to Address

IRS Letters: Tax Scam or Something You Need to Address?

Your taxes contain an array of sensitive information, from financial data to your Social Security number or tax ID number. Because of this, there are many scams that unsavory characters attempt to perpetrate by impersonating the IRS or another…
The Best Approach to Paying off Your Debt Quickly? It’s Unique to You

The Best Approach to Paying off Your Debt Quickly? It’s Unique to You

If you asked 10 different people how they were able to get out from under their debts as quickly as possible, you’d probably get 10 different answers. This is because there truly is no one-size-fits-all approach to proper financial…
Congress Removes IRA Contribution Age Restriction

Congress Removes IRA Contribution Age Restriction

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On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number…
5 Things You Need to Know About Sales Taxes in QuickBooks Online

5 Things You Need to Know About Sales Taxes in QuickBooks Online

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The most important thing you need to know about sales tax is that administering it correctly can be challenging. If you sold only one type of product to customers in one city, collecting and paying sales tax would be easy. But most businesses…
New Twist for Kiddie Tax with a Refund Opportunity

New Twist for Kiddie Tax with a Refund Opportunity

On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number…
Childbirth and Adoption Penalty Exception Added

Childbirth and Adoption Penalty Exception Added

On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number…
Did You Pay Tax on Home Mortgage Debt Relief in 2018? You May Be Entitled to a Refund

Did You Pay Tax on Home Mortgage Debt Relief in 2018? You May Be Entitled to a Refund

On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number…

February 2020 Individual Due Dates

Don't miss these February due dates! February 1 - Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient for you. February 10 - Report Tips…
Mortgage Insurance Premium Deduction Retroactively Extended

Mortgage Insurance Premium Deduction Retroactively Extended

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On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number…
Will Independent Contractors Become Extinct?

Will Independent Contractors Become Extinct?

The California legislature recently passed landmark labor legislation that essentially makes it very difficult, if not impossible, for a worker to be classified as an independent contractor (self-employed). Governor Newsom was quick to sign…