by Cheryl Saroukhanoff | Feb 5, 2024 | tax
Setting up an Internal Revenue Service (IRS) Business Tax Account is a helpful way to view tax information. It can save you time and frustration from having to wait on the phone with the IRS. Depending on the type of business you participate in, you will have access... 
by Cory Carroll | Feb 2, 2024 | tax
Among the numerous responsibilities of operating a profitable business, paying income taxes is an important one that should not be left until the income tax return is filed. The IRS and many states require estimated tax payments be made quarterly to avoid... 
by Sara Raby | Feb 1, 2024 | tax
In recent years the number of short-term rentals (think VRBO, AirBNB, etc.) has grown considerably. California has noticed this growth and has enacted a new property tax on short term rentals beginning January 1, 2024. According to the California Senate Bill No. 60,... 
by Cheryl Saroukhanoff | Jan 23, 2024 | tax
Traditional or Roth IRA An individual retirement account (IRA) is one of the simplest options with lower contribution limits. The main difference between a Traditional and a Roth IRA is how and when you get a tax break. With a Traditional IRA, you may be able... 
by Dana Borys | Jan 17, 2024 | tax
A question CPA’s are commonly asked is “when is my tax return due?” Below is a quick summary of some of the most common tax deadlines for calendar year-end filers (note, fiscal year-end filers and state income tax return filing dates may vary): January 31,... 
by Sara Raby | Jan 14, 2024 | tax
In today’s world it is common to have domestic help; from gardeners and housekeepers to nannies and home health care assistance. The question is, when does this situation turn into an employer and employee relationship and what are the filing requirements and...