RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Wed, 01 Sep 2021 09:00:00 -0500 Wed, 01 Sep 2021 09:00:00 -0500 What Is a Designated Roth Account? If you are a high-income earner who participates in a 401(k), 403(b), or governmental 457(b) retirement plan that has a designated Roth account, making contributions to that account could be a smart move. Wed, 01 Sep 2021 09:00:00 -0500 Verifying Your Identity When Calling the IRS If you need to contact the IRS, you will be asked to verify your identity. Here's what you need to know before you call. Wed, 01 Sep 2021 09:00:00 -0500 Tax Rules for Divorce and Alimony Payments Tax rules regarding divorce and separation can and do change - as they recently did under tax reform - and the last thing on anyone's mind during a divorce or separation is its effect on their tax situation. Wed, 01 Sep 2021 09:00:00 -0500 Tax Relief for Those Affected by Natural Disasters Tax relief may be available if you've been affected by a natural disaster this year, but only if you meet certain conditions. Wed, 01 Sep 2021 09:00:00 -0500 Six Things To Know Before You Start a Business Starting your own business is an exciting prospect, but there is more to it than simply writing a business plan. Wed, 01 Sep 2021 09:00:00 -0500 Which Educator Expenses Are Tax Deductible? Teachers and other educators should remember that they can deduct certain unreimbursed expenses such as classroom supplies, training, and travel on their tax returns to reduce the amount of tax owed. Sun, 01 Aug 2021 09:00:00 -0500 Retirement Plan Options for Small Businesses Employer-sponsored retirement plans are a key component of retirement savings. If you're like many small business owners in the United States, you may be considering the various retirement plan options available for your company. Sun, 01 Aug 2021 09:00:00 -0500 Opting Out of the Monthly Child Tax Credit Payment While many families will benefit from the extra money deposited into their bank accounts, some may want to opt out and instead take the Child Tax Credit when they file their tax return next spring. Sun, 01 Aug 2021 09:00:00 -0500 Minimizing Capital Gains Tax on Sale of a Home Learn how to avoid capital gains tax and why home improvements that qualify for the residential energy property credit can make a difference when selling your home. Sun, 01 Aug 2021 09:00:00 -0500 Key Tax Changes Could Affect Your Tax Situation in 2021 Key tax provisions in the American Rescue Plan Act of 2021 could affect your tax situation. Here's what you need to know. Sun, 01 Aug 2021 09:00:00 -0500 Home Office Deduction Your tax preparer is trained to prepare your taxes in your best interest. This means that he/she will look for any and every deduction and credits you may qualify for under the IRS tax code. Thu, 18 Aug 2016 09:00:00 -0500 Amending Individual Tax Returns with the IRS There are many details that go into your return, so it is not uncommon to miss something in the process of filing a return. It is also possible that after you have filed your return, your employer or contractor will send you a correction on the total income you earned throughout the year. Wed, 27 Jul 2016 09:00:00 -0500 Payroll Topic - San Diego Minimum Wage Rises to $10.50 Beginning July 11th 2016 minimum wage in San Diego has been raised to $10.50 per hour. Wed, 13 Jul 2016 09:00:00 -0500 Tax Planning Topic - Marriage Tax Advantages It's wedding season! You have worked hard for so long to make your big day perfect. Your wedding day is worth every penny you spend, but it?s still nice to keep money in your pocket where you can, so let?s talk about the tax advantages you get from the IRS as a wedding gift when you file your tax return next year. Fri, 01 Jul 2016 09:00:00 -0500 Payroll Topic - California Overtime Law Have you ever worked from 8am to 5pm and ended up being confused about why you did not receive an hour of overtime on your paycheck? Mon, 27 Jun 2016 09:00:00 -0500 Payroll Topic-California Sick Leave Law The Sick Leave law has been in effect since July 1, 2015, but many small business owners, who run payroll, still have many questions relating to this law. Tue, 14 Jun 2016 09:00:00 -0500