Individual Tax Filing Deadline Extended to May 17th 2021

April 1st, 2021

All individual taxpayers with April 15th deadlines automatically have additional time, until May 17th to file 2020 IRS and CA FTB filings and make payments without interest or penalties.  2021 Tax Updates: The IRS announced that it is moving the April 15th, 2021, filing deadline to May 17th, 2021, for individual taxpayers (including Schedule C […]

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S Corporations & LLCs taxed as S-Corp. (1120S) & Partnerships (1065) Due 3/15/21

March 12th, 2021

S Corporations & LLCs taxed as S-Corp. (1120S) & Partnerships (1065)  File by March 15th or Request Extension! Dear Client, Happy March!  Amid the pandemic distractions, the March 15th tax filing deadline for S-Corp.s and Partnerships is approaching quickly.   Let’s finalize your filings if possible.  Otherwise, call or e-mail us to request an extension […]

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City of L.A. Business Tax Renewal 2/28/21 Deadline

February 18th, 2021

This is your final reminder that you must comply with the City of Los Angeles, Office of Finance annual Business Registration (Business Tax Renewal) by 02/28/21 if you are doing business in Los Angeles as: Independent contractor, self-employed, freelancer, sole proprietor, small business owner, partnership, fictitious business name (dba), loan-out co., LLC, C-Corp. or S-Corp. […]

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Changes To California Health Insurance In 2020 & 2021

February 2nd, 2021

There were 4 major changes to California health insurance in 2020 & 2021. Here’s what you need to know: You are now required to have health insurance in California under a state mandate even though the federal mandate was lifted in 2019. You will be assessed a California state insurance tax penalty in 2020 and […]

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Year-End Tax Planning Opportunity: Conference Period Ends 12/18/20

December 1st, 2020

We sincerely hope that you enjoy the holidays to provide closure for this particularly challenging year. We look forward to a great 2021! Start Tax Planning Now We have a couple of weeks to project your 2020 tax results and make last-minute tax-saving recommendations. Whether you simply wish to anticipate the outcome of this year’s filings to prepare […]

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