Individual Filings (1040), Corporations & LLCs taxed as Corp. (1120) Due April 18th

The April 18th tax filing deadline for individuals and corporations is quickly approaching. If you are scheduled for tax preparation before April 18th, let’s finalize your filings if possible.  Otherwise, call 310.398.3231 or e-mail Roxana@taxplus.com to request an extension until October 15th.   Individual Tax Returns Tax Filing Deadline is April 18th  Individual (1040) tax […]

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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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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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Request Extension Now – Individual Tax Filing Deadline is May 17th

If your 2020 personal tax filings will not be finalized by May 17th, now is the time to request an extension of time to file until October 15th. We must get your signed extension authorization by Saturday, May 15th.  Please contact Roxana@taxplus.com (Los Angeles) or Rita@taxplus.com (San Diego) for any extension requests. Please fill in […]

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Individual Tax Filing Deadline Extended to May 17th 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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