News - Most Reviewed 5-Star Tax Firm in Los Angeles

•November 19, 2022•Atlantic Tax

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...

•November 10, 2022•Atlantic Tax

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...

•November 1, 2022•Atlantic Tax

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...

•October 29, 2022•Atlantic Tax

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....

•October 26, 2022•Atlantic Tax

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...

•October 21, 2022•Atlantic Tax

IRS News: IRS provides tax inflation adjustments for tax year 2023

The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate...

•October 17, 2022•Atlantic Tax

Today is the deadline for the Tax Extensions!

Make sure to be on time. We are accepting walk-ins today from 9:00 AM to 7:00 PM source: IRS.gov

•October 11, 2022•Atlantic Tax

Why is this Oct. 17 tax extension deadline important?

The Internal Revenue Service reminds taxpayers who requested an extension to file their 2021 tax return to do so by Monday, October 17....

•October 7, 2022•Atlantic Tax

Middle Class Tax Refunds Start Hitting Bank Accounts

California Middle Class Tax Refund payments go out starting Today: Friday. See how much you’ll get! $9.5 billion in Middle Class Tax Refund payments will...

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