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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Last Chance For 2020 Entity Formation: Set Up an LLC or Corp. for 2020 by November 30th

November 17th, 2020

If you are starting a business, an LLC taxed as S-Corp. offers many advantages, including personal liability protection, reduced self-employment taxes, and possibly even reduced audit risk. A C-Corp. with the new lower corporate tax rates can also make sense in some cases. We can help you make the business entity decision and we can set up […]

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