Dear Valued Clients and Visitors: As our nation responds to COVID-19, our firm is taking precautionary measures by closely following and reinforcing the guidelines from the CDC and local health authorities. Our physical office is open on an intermittent basis. However, please be assured that we are open for business and ready to serve your needs.
If you have a tax problem or inquiry please call and if we are not in leave a message. A return phone call will be made within a short period of time. Now is the time to address your tax matter. We remain committed to our clients and colleagues through these unusual times. Please stay safe and healthy.
To say 2020 has presented unique economic challenges may be the understatement of a lifetime. Along with health scares, political uprisings and shelter-in-place orders, many income earners experienced business closures. Whether temporary or long-term, the threat to...
To curb economic disruption caused by the pandemic, The White House is pitching an executive order to ease tax liabilities on workers and businesses by giving them a “tax holiday.” The holiday would halt the collection of payroll taxes, temporarily putting...
Taxpayers in California and across the United States have a short time window before the president's tax order goes into effect. But reports suggest many aren't ready for the transition.The deferral begins Sept. 1 and runs through the end of the calendar year....
If you've ever gotten money back after filing your tax return, you probably know what it's like to wait for the IRS to process your refund so you can take a vacation, pay other debts or invest in your future. Considering this year's shutdowns and July Tax Day, waiting...
Married couples hold many benefits. Not only can they share their lives together, they can also get special tax privileges. But this financial advantage comes with great responsibility. If spouses file a joint tax return, they can be equally liable for those returns...
Now that you filed your 2019 return, you might think you are done dealing with taxes until next spring. However, if the IRS determines there is something amiss with your reporting, you could face criminal charges.A person found guilty of a willful attempt to "evade or...
People from every income level and walk of life have suffered the effects of the global pandemic. With shutdowns, shelter-in-place orders and changes in consumer habits, financial constraints are a key consideration for many Americans – and just before Tax...
Though you know you must pay taxes, you probably try to conserve your money as much as possible. Fiscally responsible though you may be, the Internal Revenue Service (IRS) calculation of additional fees often augments California's significant tax rate.Due to the...
The current global health crisis affected every area of life. Temporary business closures, layoffs and distance learning put many incomes at risk, the natural result of which created complicated financial situations for many Californians.Travel bans have reduced...
You can't escape from death and taxes. However, you may be able to discharge certain tax liabilities through bankruptcy.Most tax debt can be discharged if you have filed tax returns for at least two years before seeking bankruptcy protection. However, if the IRS has...