Blog 2 Columns - Most Reviewed 5-Star Tax Firm in Los Angeles

Qualified charitable distributions are great options for making tax-free gifts to charity

The Internal Revenue Service today reminded IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free each year. These transfers,...

•November 19, 2022•Atlantic Tax•atlantic tax services, los angeles, taxes•0

6 Reasons You Need a Bookkeeper

Imagine that your startup is transitioning from an idea to a legitimate company. There are a ton of things to think about and take into account. A...

•November 10, 2022•Atlantic Tax•atlantic tax services, los angeles, taxes•0

IRS updates tax gap estimates; new data points the way toward enhancing taxpayer service, compliance efforts

The Internal Revenue Service today released a new set of tax gap estimates on tax years 2014 through 2016 showing the estimated gross tax gap increased to...

•November 1, 2022•Atlantic Tax•atlantic tax services, los angeles, taxes•0

Some May Soon Receive a 1099-K

Because of a change in tax law, some online sellers may soon receive a tax form that few have seen before, a 1099-K. A law requires online...

•October 29, 2022•Atlantic Tax•atlantic tax services, los angeles, taxes•0

IRS News: 401(k) limit increases & IRA limit rises

The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022....

•October 26, 2022•Atlantic Tax•atlantic tax services, los angeles, taxes•0

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