AVOID TAX PENALTIES – FILE ON TIME

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FILING ON TIME SAVES PENALTY FEES There are two reliable tactics to avoiding tax penalties: having a stable year-round accounting system and being on time.   Build a simple but structured  calendar for both your business and personal tax returns that can help you keep up with your … [Read more...]

Extra Time Granted to County Taxpayers

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Additional time to file has been granted to all who live in the affected areas even if you weren't personally affected. All government filings (1099, W2, Individual & Business tax returns) are being excused without penalty until April 30, 2018. This includes 2017 individual income tax returns … [Read more...]

2018 TAX CHANGES

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2018 IRS Standard Deductions and Exemptions Virtually all taxpayers are impacted by the changes in the tax reform legislation. Knowing about these changes now will help taxpayers plan and understand how the Tax Cuts and Jobs Act (TCJA) could impact their take-home pay and their 2018 tax refund. … [Read more...]

We Moved!!

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Come check out our new location! Tax Season appointments begin February 1st   … [Read more...]

TAX DOCUMENTS – GETTING READY!!

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We welcome you to our New Location starting FEBRUARY 1, 2018  1414 E. Thousand Oaks Blvd. #101, Thousand Oaks, CA 91362 New Address Only, Phones and Email remain the same PHONE (805) 495-4211     FAX (805) 374-6781   GETTING YOUR TAX DOCUMENTS READY   You can make Tax Time … [Read more...]

PROPERTY TAX – PAY NOW OR LATER

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PROPERTY TAX PAYMENT – PAY NOW OR LATER? The standard deduction is jumping A LOT this year. Here are the standard deductions by tax filing status:   2018 Standard Deduction Married Filing Jointly/Surviving Spouse: $24,000 Heads of Households: $18,000 Single: $12,000 Married … [Read more...]

AVOID 1099 PENALTIES

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AVOID POTENTIAL FOR PENALTIES. LATE 1099 FILING PENALTY IS NOT WORTH THE RISK Specifically, not providing a correct statement (intentional disregard) carries a penalty of $250 per 1099, with no maximum for the year. $50 penalty per 1099, if you file within 30 days of due date. $100 per 1099, if … [Read more...]

2017 Tax Saving Tips

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Year End Tax Saving Tips As the year comes to a close, there are several tax saving strategies that could possibly help save you money when you prepare your tax return. Please note that these tax saving strategies will not apply to everyone and there are many other options not listed in this … [Read more...]

BUSINESS FORMATIONS – WHICH IS BEST?

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Business Formations – Which is best? Forming a Limited Liability Company or Corporation provides a wonderful liability protection that benefits the individual owner and the small business.   Spending just a small amount of money up front and keeping your records up to date can make all the … [Read more...]

FREE INFORMATIONAL SERIES

I'll be speaking for the Moving Seniors Forward informational series presentation on Thursday evening October 19th 6pm at the Janss Marketplace in Thousand Oaks. Come join me to hear this great information and enjoy the food and entertainment. Let me know if you can come! Hope to see you there! … [Read more...]