Tax News & Updates

Capital gains are a profit made from the sale of any capital asset that has a sales price exceeding the cost basis, […]

Individuals who exceeded certain income levels must file tax returns. Factors that determine whether you must file a return include your age, […]

The current sales tax rate in Los Angeles County is 9.75% in five cities and 9.25% in eight cities. This was raised […]

The Treasury Department and Internal Revenue Service have announced that the federal income tax filing due date is automatically extended from April […]

How much tax you owe will depend on several factors, including how much you earn, your filing status, adjustments, deductions, and tax […]

Smart tax preparation can make a big difference for your company. Different companies have different tax planning strategies that they use, but […]

S corporations are corporations that chose to pass their corporate income, losses, deductions, and credits through to their shareholders. S corporations report […]

Doing your own taxes is a viable option, especially if you’re running a small business. It’s perfectly fine if you’ve mastered this […]

The need for a CPA, or any tax preparer for that matter, will depend on your tax situation. More straightforward filings will […]

Small businesses are an important driver of the US economy. According to the Small Business Administration, approximately 30 million small businesses operate […]

Property tax refers to the tax paid on a property by an individual or a legal entity. The amount owed by the […]

Businesses have to contend with many different types of taxes like federal, state, and local taxes. Taxes may depend on different business […]