RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 PPP Loan Deadline Extended Through May 31 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 Highlights of the American Rescue Plan Act Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 Federal Tax Deadline Extended To May 17 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 Economic Impact Payments: Round Three Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 Tax Breaks for Families With Children If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 Small Business Tax Roundup In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 Renting Out a Second Home Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 Capital Gains Tax on Sale of Stocks If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 Avoiding an IRS Tax Audit With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 CA Supreme Court Ruling Has Colossal Impact on Employers The rules have changed, ladies and gentlemen. Up to this point you might have felt that you were on solid ground with respect to classifying certain workers as independent contractors. That foothold has just become exponentially more tenuous. Tue, 19 Jun 2018 09:00:00 -0500 Unfiled Tax Returns? Never fear... Fri, 04 May 2018 09:00:00 -0500 Meet Jack Check out our new animated video Fri, 20 Oct 2017 09:00:00 -0500 IRS Warns Taxpayers of Summer Surge in Automated Phone Scam Calls; Requests for Fake Tax Payments Using iTunes Gift Cards Content furnished by the IRS Thu, 04 Aug 2016 09:00:00 -0500 It Doesn't Matter What We Know, But How Clearly Others Understand What We Know Tue, 02 Feb 2016 09:00:00 -0600 Another of Wife's Lessons Tami. Don't read my blog! Tue, 22 Dec 2015 09:00:00 -0600 A Lion King Moment At The Magic Kingdom Mufasa Must Eventually Pass The Crown To Simba Wed, 09 Dec 2015 09:00:00 -0600 Lessons Learned From The Week Before Black Friday Some find beauty in everything they see. I find business advice. Fri, 20 Nov 2015 09:00:00 -0600 Sammy Hagar Would Be Proud I Can't Drive 55 (or 65 or 75...) Fri, 13 Nov 2015 09:00:00 -0600 Happy Veterans Day To My Hero Wed, 11 Nov 2015 09:00:00 -0600 What To Do About An Empty Building...From An Accountant's Perspective Target Closing in Victorville Thu, 05 Nov 2015 09:00:00 -0600 Is Your Employer Withholding The Right Amount For Taxes? A quick look at your withholding now could save you from a big tax bill in April. Mon, 02 Nov 2015 09:00:00 -0600 Tax Trivia: Are Tips Subject To California Sales Tax? Thu, 29 Oct 2015 09:00:00 -0500 Nationwide IRS Scam Continues To Grow Thu, 03 Sep 2015 09:00:00 -0500 IRS Warns of Tax Time Scams Thu, 23 Jan 2014 09:00:00 -0600 Tax News & Tips Health Insurance- Be Covered, Or Else! Thu, 21 Nov 2013 09:00:00 -0600 Six Tips on Gambling Income and Losses Mon, 22 Jul 2013 09:00:00 -0500 Tax Freedom Day Fri, 31 May 2013 09:00:00 -0500 Independent Contractor or Employee There is often confusion in the business community as to whether a person is an employee or an independent contractor. Here is a brief list of things that the State of California considers when determining whether or not someone is an independent contractor. Fri, 30 Nov 2012 09:00:00 -0600 Thought For The Day Tue, 20 Nov 2012 09:00:00 -0600 The Right Way To Handle Final Wage Payments Thu, 15 Nov 2012 09:00:00 -0600