How To Boost Next Years Tax Return

Did you receive a lower-than-expected tax return this year? If so, you are probably wondering what you can do to keep the same situation from happening again. Thankfully, there are several perfectly legal things you can do with the help of your Encino tax advisors to reduce your tax liability when tax preparation season rolls [...]

The Difference Between Accounting and Book Keeping and Which One You Need to Hire!

Whether you’re a practiced business owner or you’re starting a new company for the first time, understanding the financial aspect of your venture can be challenging. In particular, you may be wondering whether you need an accountant or bookkeeper to help you keep your financial dealings in order. Here’s what you should know about the [...]

What To Do If You Didn’t File Your Taxes On Time

Tax season has a way of sneaking up when you’re least prepared. Many people miss the filing deadline for one reason or another. If the government owes you a refund, you probably won’t be penalized for missing the deadline. However, if you owe the government money, missing your filing deadline can spell disaster.  If you [...]

How to Sell Your Business

Building a business takes time, money and effort. While successfully starting a business from scratch is often mischaracterized as the most difficult part of business ownership, managing a successful company can be just as challenging. If you’re ready to reduce your stress level or embark in a new adventure, selling your business may be the [...]

Did the Tax Reform Help You?

With the Tax Cuts and Jobs Act in full effect, it is having a direct impact on American taxpayers like you. But even with this reform, the tax code can remain confusing. How this tax bill affects you depends on a variety of factors, including your income, filing status, and deductions. Encino tax consultants can [...]

A Few Frequently-Asked Questions On Gift Tax

In November of 2018 the Internal Revenue Service announced that increased gift tax exclusions in effect through 2025 will end that same year. In 2025 the exclusion amount will return to its pre-2018 status; however, there are always key gift tax points to keep in mind. Here, your Encino tax consultants provide more information about [...]

Why You Should Hire an Accountant To Help Manage Your Business Financials

With the number of options available for you to handle the accounting side of your small business, you don’t really need the help of a flesh-and-blood accountant, right? The truth is that accounting software can only do so much, but an Accountant service Los Angeles has insights and perspective that software may not take into [...]

What Happens If You Owe More in Taxes Than You Can Pay?

Rather than expecting a refund from the IRS this year, you may have the distinct displeasure of having to send the government a check. Just as Encino Tax Advisors can help you find out how much you owe, they can also help you pay your taxes if your bill is more than you can handle [...]

Tax Day Is Over. Now What?

You’ve just finished filing your taxes for the year. No matter if you owe money or are due a refund, you’ve made it. Now what? Encino Tax Advisors will tell you that your best bet is to start preparing for the next tax season. What’s the best way to go about doing that? Plan Your [...]

How Real Estate Taxes Can Affect Your Refund

Even if you have already finished your taxes for the year, there’s most certainly nothing wrong with getting a head start on next year’s taxes. Specifically, you may wonder how your real estate taxes impact your refund. While Los Angeles Tax Preparation services can most certainly answer your questions, here are a few items of [...]