2020 Tax Deadlines and Why You Should File Even if You Can’t Pay
As you may already have heard, 2020 tax deadlines have changed to July 15th 2020 for filing and paying federal income tax. Something I hear a lot from clients, specially because of the financial hardship with COVID-19, is their inability to pay their taxes. And...
How Does PPP Loan Forgiveness Work?
As part of nationwide financial relief efforts during the COVID-19 crises, the U.S. government is offering a Paycheck Protection Program (PPP) for small business owners to allow them to continue to pay their employees. ...
What You Need to Know About the Extended Tax Filing Deadline for 2020
Due to the social and economic stress that the Coronavirus (COVID-19) has brought upon our country, all taxpayers now have until July 15 to file and pay your 2019 taxes. Here’s how to plan accordingly....
What You Need to Know About Online Sales Tax
Are you wondering if your state requires online sales tax? Or, if the states you sell the most products to do? Along with having an expert accountant and bookkeeper on your side, this article can help clear things up for you....
Penalties of Submitting Your Taxes Late in California
If you’re an individual tax filer, you must pay and file your taxes by April 15th, 2020. If you are not able to file your taxes by that date, you still MUST PAY your taxes by April 15th to avoid penalties of submitting your taxes...
Minimizing Tax on Social Security Benefits
Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts will help you understand the taxability of your Social Security benefits....