Tax Tips

SEP vs Simple

Download the Flyer Here: SEP Vs Simple A business structured as a sole proprietorship, partnership, limited liability company or corporation can set up either the SEP (Simplifi ed Employee Pension) IRA or the SIMPLE (Savings Incentive Match Plan for Employees) IRA....

A Letter About CA Health Coverage for 2020

Subject: CA will impose penalty on those with no health insurance starting in 2020 Dear client, The federal mandate to have health insurance ended on January 1, 2019, but beginning January 1, 2020, California will impose penalties on California residents who do not...

Employee or Contractor – What you should know!

Subject: Worker classification as independent contractor or employee   Dear client, During 2019 the California legislature passed a new law that typically makes it much more difficult for a worker to qualify as an independent contractor. Under this new law most...

Tax Deduction Worksheets

Use these worksheets for figuring your tax deductions. Business Professional Worksheet Clergy Worksheet Day Care Provider Worksheet Educator Worksheet Entertainer Worksheet Fire Fighter Worksheet Flight Crew Worksheet Medical Professional Worksheet Overnight Drivers...

Helpful Tax Links

Self Employed Individuals Tax Center All you need to know about being self employed and doing your taxes.   Gathering Your Health Coverage Documentation Did you sign up for the Affordable Health Care? You better read this.   Tax Information for Students Are...

Things to bring to your tax appointment

Personal information Social Security numbers and dates of birth for you, your spouse, your dependents Current and valid driver’s license School records on all children Birth certificates on all children SSN cards on everybody Information about your income This...

Auto Mileage App

TIRED OF FORGETTING TO TRACK BUSINESS MILES FOR REIMBURSEMENT OR TAX PURPOSES? The AutoMileage App tracks every mile you travel, allowing you to save Home and Work locations, as well as any other geographic points of importance: client offices, business services,...

Deductr

As a business owner you are eligible for hundreds of tax deductions aimed at helping your small business succeed. Plus, one of the many benefits of business ownership is the ability to convert some personal expenses to business expenses. For you, all these business...

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