Why CPAs Will Stay Busy This Year After the 2020 Tax Season
There is traditionally a lull in the accounting industry following the rush of each tax season. Unlike other years however, 2020 will continue to stay busy for CPAs due to … Read More
July 15 Tax Deadline: Penalties for Not Filing on Time
If you haven’t heard already, the tax deadline was extended to July 15 of this year as a means of providing extra time for taxpayers during the pandemic. The IRS … Read More
The IRS is NOT Extending July 15 Tax Deadline
If you haven’t had time to keep up with the tax news for this week, we’ve got you covered. The IRS recently announced that it will NOT be extending the … Read More
Tax Deadline Tips: July 15th is Right Around the Corner
With the tax deadline fast approaching, we want to send a quick reminder that you have until July 15 to file your 2019 federal income tax return and pay any … Read More
California Proposes Limits to R&D Tax Credits
Mike Silvio, Director of Tax Services Lucia Valenzuela, Senior Manager, Specialty Tax Consulting The May 2020 revision of Governor Newsom’s proposed budget includes a provision to temporarily suspend net … Read More
Tax Tips During the Coronavirus Pandemic
With the 2020 tax deadline shifting to July 15, you may have some questions about how and when you should file your personal and business taxes. We’ve gathered a few … Read More
Common Tax Filing Mistakes For Small Businesses and How to Avoid Them
Mistakes on tax forms can cost your small business time and money. Even though mistakes are common and can happen to anyone, there are things that you can do to … Read More
Tax Payment Deadline Extended As a Response to COVID-19
Can’t pay your taxes by the April 15th deadline? If you need more time, the federal government is granting filers an extra 90 days to pay income taxes that are … Read More
Can I File a Business Tax Extension?
Tax Season can be very overwhelming for individuals and businesses. Luckily, you can request a business tax extension by using IRS Form 4868 or Form 7004. There are many reasons … Read More