In business, you need all the help you can get. You need a team behind you that can help you maneuver the many complicated areas we all must overcome...
Read MoreSomeone Filed a Tax Return Using My Identity! What Do I Do?
If someone uses your information to file a fraudulent tax return, they are looking to get your tax refund. You'll want to work with the IRS as soon as you discover...
Read MoreSave on Energy, Save on Taxes
The heat of summer is here! As the temperatures rise, so will your utility bills. Federal tax credits are still available, but outside solar, the credits may not be enough to make...
Read MoreOrdering off an Employers' Cafeteria Plan
How do I order off of my employers’ cafeteria plan? The name may not make sense but the benefits do...
Read MoreIt's Time to Start Thinking About 2016 Tax Planning
Although tax season just finished, it’s never too early to start planning for next year. There are things you can do now to take advantage...
Read MoreBusiness Personal Property Tax (Form 571-L)
It’s that time of year when businesses will be receiving notices from county tax assessors requesting a business personal property tax return to be...
Read MorePedro Talks Taxes with CBS Local 2
Partner Pedro Rincon met up with Kris Long from CBS Local 2 to talk about taxes.
Read MoreGetting ahold of the IRS
Anyone who has ever had to call the IRS after receiving a notice in the mail will tell you to expect a long hold time. It can be a challenge to...
Read MoreCommunication is Paramount
With the ever increasing complexity in the tax code, it’s imperative to stress the importance of communication with your tax professional. As taxpayers, it seems...
Read MoreThe Negative Impact of Retaining Income in a Trust
As a result of the Affordable Care Act, almost all trusts with net taxable income in excess of $12,300 are realizing an additional 3.8% Net Investment Income Tax (NII Tax) on Net Investment Income (NII) retained...
Read MoreMerry Christmas from Washington
On Saturday December 18th, President Obama signed the much anticipated PATH (Protecting Americans from Tax Hikes) Act of 2015. This Act extended...
Read MoreDoing Good Can Save You Tax Dollars
If you are planning to make a contribution to a charity, you should consider donating appreciated stock from your investment portfolio instead of cash. The DOW has improved greatly since the market low of 6400 in 2008. Investors are starting to pay capital gains again on the sale of their stocks...
Read MoreBoard Member
So you decided to serve on a local non-profit board, you are excited to be able to serve an organization that serves your community and at your first meeting...
Read MoreDoes Your Business Need an Audit?
As an owner of a privately held business, you may have concerns about why a company might need audited financial statements. Financial statement audits provide the highest level of assurance. They can only be performed by a Certified Public Accountant. Audits provide....
Read MoreThe Affordable Care Act and it's Impact on your Business
The year 2015 marks a milestone in the implementation of the Affordable Care Act. This year, applicable large employers will be subject to both the 1095-C reporting requirements and employer mandate penalties if they do not provide minimum essential health coverage to their...
Read MoreRecord Retention
One question we often get is how long should specific records be kept. The simple answer is to keep the records for as long as they serve a useful purpose or until all regulatory....
Read MoreIs your company active or suspended with the California Secretary of State's Office?
Once a year, or every other year for some organizations, the Secretary of State will send you a small postcard asking you to update your organization's Statement of Information. If this form is not filed or is filed late, the state will assess a penalty of up to $250 and will suspend your....
Read MoreIRS Hacked, Again!
In May of this year, the IRS was hacked and they estimated account information was taken from 114,000 taxpayers. Recently, they increased this estimate...
Read MoreThe best time of year for tax planning is now!
It's summer time and local business owners are dealing with slow-downs, while many families are on vacation or spending time away from the desert heat. No one feels like talking about taxes and the IRS....
Read MoreACA 2015 Update
Are you prepared for new Affordable Care Act requirements? Here are the changes to look for in 2015...
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