IRS and State Move Spring Tax Deadline to Oct. 16 for Most Californians
The new deadline of Oct. 16 applies to California and federal individual and business tax returns and payments. Mar. 09, 2023 By Samantha...
A Small Business Owner’s Guide to Business Expenses
What do printer ink, client lunches and shipping costs all have in common? They’re business expenses—the costs incurred while operating...
Things You Learn Early when Your Mom is an EA Tax Professional
By Brittany Westdyke, EA Understand the basics of tax Even if you employed a CPA or EA to prepare your tax return, I advise to invest...
IRS Delays 2021 Income Tax Filing Deadline to May 17
April 15 is not the tax filing deadline for 2021. The Internal Revenue Service and the U.S. Department of the Treasury have announced the...
Form 1099G for Unemployment Compensation - Information and Resources
The California Employment Development Department (EDD) recently released new information and resources to help individuals who received a...
Be Ready for Big Changes: 2021 Tax Planning
Some fear that these tax increases will be retroactive to January 1, 2021, which is certainly possible. The last time a significant tax...
IRS Expected to Audit More Small Businesses in 2021
After years of low examination rates, the IRS announced it will increase audits of small businesses: by 50 percent. This news comes...
IRS Launches New Form Replacing 1099-MISC for Contractors in 2020
For years, businesses used Form 1099-MISC to report calendar-year payments exceeding $600 to individuals who performed business services....
Earning side income: Is it a hobby or a business?
Whether it's something they've been doing for years or something they just started to make extra money, taxpayers must report income...
Senate Passes Extension of PPP Program
On Wednesday night (July 1), the U.S. House of Representatives passed a bill to extend the Paycheck Protection Program until August 8....
