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Final 2022 quarterly estimated tax payment due January 17

Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes, but many who should overlook this step. The Internal...
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10 Tips For Managing Payroll

Payroll administration is typically one of the most challenging, tiresome, and time-consuming business tasks for small business owners—but it’s also one of the...
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IRS Delays Implementation of $600 1099-K Reporting Requirement

The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax...
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IRS reminds those over age 72 to start withdrawals from IRAs and retirement plans to avoid penalties

The Internal Revenue Service today reminded those who were born in 1950 or earlier that funds in their retirement plans and individual retirement...
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We are hiring!

We are hiring, join our team! The open position we have at the moment: Administrative Assistant Location: Our office inLos Angeles, California. Send...
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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...
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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...
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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...
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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....
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