2023 Extension Request Due April 15, 2024

2023 Extension Request Due April 15, 2024  Please request an extension if your 2023 individual, single-member LLC, or C corporation filings will not be complete by 4/15/24.  We cannot assume that you need an extension.  If you are requesting an extension, remember it is an extension of time to file and not an extension of […]

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IRS 2O22 E-Filings Open

The IRS and the state of CA have started accepting 2022 e-filings. It’s not too soon to schedule your in-person or virtual tax appointment for your 2022 tax year preparation! Contact us with any questions, to review our virtual tax process, and with requests for 2022 tax organizers.  Send 2022 1099 Forms to Independent Contractors by January 31st, 2023.  Issue 1099s […]

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GIG ECONOMY TAX GEMS

“Gig Economy” – A labor market of self-employment, freelance, short-term contracts as opposed to permanent employment.  The term “gig” is borrowed from performing artist appearances. Whether you are transitioning to the gig economy or just dabbling in a side business there is a bit of a learning curve.  We’ll share two important bits of information […]

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Tax Season 2022: Important Tax Deadlines

The IRS and the state of CA have started accepting 2021 e-filings. It’s not too soon to schedule your in-person or virtual tax appointment for your 2021 tax year preparation!  Contact us with any questions, to review our virtual tax process and with requests for 2021 tax organizers. Contact Brenda@taxplus.com or call 310.398.3231.  San Diego […]

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2021 Year-End Tax Planning

There are just a couple of weeks left for 2021 year-end tax planning. There’s still time to project your 2021 tax results and make last-minute tax-saving recommendations. Whether you simply wish to anticipate the outcome of this year’s filings to prepare financially or to mitigate the taxes as much as possible, now is the time […]

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The Pass-Through Entity Elective Tax

We have a couple of weeks remaining in 2021 for tax planning.  Whether you simply wish to anticipate the outcome of this year’s filings to prepare financially or to mitigate the taxes as much as possible, now is the time to plan. Call us now to schedule a tax planning phone or a video conference! The […]

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2021 CHILD TAX CREDIT AND ADVANCE CHILD TAX CREDIT PAYMENTS: SHOULD YOU CONSIDER OPTING OUT OF THE ADVANCE?

If you have dependent children living with you, you may have started receiving monthly payments from the IRS of either $250 or $300 per qualifying child beginning in July 2021.  These are Advance Child Tax Credit Payments (ACTCP) created by the American Plan Rescue Act that was passed on March 11, 2021.  Here are a […]

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2020 Individual (1040) and C Corp. (1120) Tax Filings – October 15th Deadline

If your 2020 individual (1040) and C Corp. (1120) tax filings are on extension, please reach out to us NOW so we can finalize by October 15th! Individual Tax Returns Tax Filing Deadline for Extensions is October 15th Individual (1040) tax returns and payments were due May 17th.  However, if your personal filings are on […]

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