After months of anticipation from our state legislature in Sacramento, Governor Newsom officially signed Assembly Bill No. 80 (AB 80)...

IR-2021-59, March 17, 2021 WASHINGTON — The Treasury Department and Internal Revenue Service announced that the federal income tax filing...

The much-anticipated Coronavirus Relief-Act has finally been signed into law. Titled the American Rescue Plan Act, it provides relief in...

So 2020 was quite a challenging year in many regards, part of which may have been getting your bills paid on time or to buy groceries. So...

Selling your principal residence and excluding the gain (section 121 exclusion) seems to be pretty straightforward for many people when...

The more data your phone carries, the more its value shifts from being a fancy piece of technology to becoming a storehouse of knowledge...

Virtual appointments are something that we have been doing for many years. Long before Skype and Zoom we have been helping clients from...

When it comes to filing taxes, I predict that you either have a positive or negative outlook for the process. If it is the later, the...

The IRS has gone into the archives and resurrected an old form that will be affecting business owners this tax filing season. It is form...

In the wee hours of the night Monday night, the House of Representatives recently passed the Consolidated Appropriations act of 2021 with...

TRUST DOCUMENT - One of the most important things is the trust document itself. This is the guiding instrument that will tell your preparer

The end of the year for many business owners is quite hectic. From trying to balance a heavier volume of sales to spending time with family

In March of 2020, the U.S. federal government signed into law The Coronavirus Aid, Relief and Economic Security Act. We now refer to it...

As we continue during these troubling times, many will find being productive hard. Adjusting to your new schedule, working from home,...

1. Phishing: Taxpayers should be alert to potential fake emails or websites looking to steal personal information. The IRS will never...

In the case of rental real estate, one of the most known and avoided aspects of tax law is the requirement to file 1099-MISC to report incom

There are many of you out there who believe that come tax season, one of your best friends is your tax preparer. The reality is while...

With the ongoing COVID-19 crisis and tax law changes, what unforeseen financial and tax challenges are we headed for?

During this pandemic, we are bombarded with bad news as it comes to unemployment record highs, business closures, and the major economic imp

In general, every tax plan starts with something called AGI, or Adjusted Gross Income.  This is the pebble in the pond.