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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September 15th Final Deadline: S Corporations and Partnerships

September 1st, 2020

S Corporation and Partnership Tax Filing Deadline for Extension is September 15th S corporation (Form 1120S) and partnership (Form 1065) tax returns for entities who use the calendar tax year were due March 15th.   The extension to file gives you 6 months extra time to file until the September 15th deadline.  There are no […]

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July 15th Tax Day Coming Up

June 23rd, 2020

All taxpayers and businesses automatically had additional time to file 2019 IRS and CA FTB filings and make payments without interest or penalties.  Now, that deadline is quickly approaching.  SBA Payment Protection Program (PPP) applications end 06/30/20. SBA Economic Injury Disaster Loan (EIDL) applications have reopened. Individual Tax Returns Tax Filing Deadline is July 15th   Individual (1040) tax returns and payments are due July 15th.  Please contact Roxana@taxplus.com to request an […]

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Relief Efforts: Stimulus Payments/Loans, IRS/FTB Collections, Rent/Mortgage/Property Tax

April 2nd, 2020

We have assembled some information and links to help provide guidance on the various relief efforts available to you. Additionally, although our physical office is temporarily closed, we will continue to support you through phone and video conference appointments.   Please review the following information and call or e-mail us with ANY support questions.  Tax Day Postponed from April […]

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