Income Tax

8 Myths About the Earned Income Tax Credit (EITC) At Tax Time

February 10, 2020 | Firm News, Income Tax

With some tax returns are already on the way for processing, the Internal Revenue Service (IRS) is reminding taxpayers not to forget about the Earned Income Tax.

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IRS Is Closing Some Business Payment P.O. Boxes

February 6, 2020 | Business Services, Firm News, Income Tax, Service Areas

If you have your business tax payments set to auto-pilot, check those addresses: The IRS is closing business payment P.O. Boxes in the Cincinnati and Hartford.

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Don’t Get Ghosted by Your Tax Preparer This Season

February 4, 2020 | Firm News, Income Tax

    With tax season in full swing (it kicked off January 27, 2020), the Internal Revenue Service (IRS) has issued a reminder to taxpayers to avoid unethical.

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12 Questions To Ask When Choosing A Tax Preparer

February 3, 2020 | Firm News, Income Tax

You’ve probably asked friends or colleagues if they can recommend the perfect tax preparer before? Or you’ve been asked for a recommendation? The truth is.

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The 1,099 Hassles of 1099s

January 14, 2020 | Business Services, Firm News, Income Tax, Nonprofit Organizations, Owner Managed Businesses, Service Areas

Preparing and filing 1099s is one of those IRS requirements that can really annoy accounting teams, requiring far more hours and effort than they can.

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2019 IRA Contributions Can Still Be Made

January 8, 2020 | Estates & Trusts, Firm News, Income Tax

2019 IRA contributions can be made until the tax filing deadline of April 15, 2020. Good news, the contribution limit increased in 2019 by $500 to $6000.

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2020 IRS Rates and Limits

December 31, 2019 | Business Services, Firm News, Income Tax

To assist you in gearing up for the coming year, we have provided updated rates and limits for 2020!   To download a PDF of.

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California Competes Tax Credit

August 16, 2019 | Business Services, Firm News, Income Tax, Other, Owner Managed Businesses, Service Areas

  The California Competes Tax Credit is an income tax credit available to businesses that want to come to California or stay and grow in California..

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Important Tax Updates for Partnerships and LLC’s

February 13, 2019 | Firm News, Income Tax, Industry News

  These new changes will affect you if you are a representative, partner, or member of a partnership or LLC. Effective for tax years beginning.

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California Repays Federal Unemployment Insurance Loan

December 3, 2018 | Business Services, Firm News, Income Tax

In May 2018, California repaid its federal unemployment insurance (UI) loan balance. As a result, in 2018 California employers will receive the full credit against.

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