What is IRS Form 8917?

Attending college can be an expensive proposition. Luckily for those wanting to go, the government offers some tax breaks for tuition payments to help ease the burden. If you are planning to deduct tuition expenses on your taxes, you or an accountant service Los Angeles residents trust to do it for them, will need to [...]

Top Questions Answered About Your 2018 Taxes!

April 15th is quickly approaching. You need to speak with Encino tax advisors right away to get everything organized and to make sure you do not make a disastrous mistake. It is natural to have a lot of questions about your forms, and Encino tax consultants are here to help. Here are some of the [...]

How To Track Your Refund After You Have Filed

If you are like many other people who are expecting a refund this tax season, you probably have already decided how you are going to spend the money. Encino tax advisors hear how people use their tax money to help recover from holiday bills, do some springtime home repairs, have a little fun or for [...]

Common Tax Mistakes To Avoid This Year

The IRS receives over 150 million tax returns every year. If you require assistance, then you need to find Los Angeles tax preparation services near you to help you. A single mistake could cause you to miss out on a greater return. You may even owe money if you do the wrong thing. Los Angeles [...]

How to Set Up Your New Company’s Accounting System!

Congratulations on your new business venture! While this is an exciting time for you, it is necessary to make sure that your finances and accounting practices start and remain in good standing through preparation and execution. That is why any Encino Tax Advisors will recommend implementing an accounting system immediately to track cash flows, profits [...]

What Are The Corporate Tax Rates?

As the owner of a small business, it’s important to understand corporate tax rates if you opt to incorporate your enterprise. Consulting with a Los Angeles accounting firm can help you understand the tax obligations of your new company. Changes Under the Tax Cuts and Jobs Act Under President Trump’s 2018 Tax Cuts and Jobs [...]

How to Know Your Company Is Ready For Computerized Payroll Services

Computerized payroll services can be a game-changer for your small business when it comes to accuracy and saving time. An experienced Los Angeles accounting firm can help you set up your new system and optimize it for your business needs. Here’s how you’ll know if you’re ready to take the plunge. Accommodate Business Growth If [...]

Tax Trends for 2019

2019 is off and running and so are many Los Angeles Tax Preparation services, but they are also gearing up for 2019 by reviewing current tax trends. This research ensures that your preparer stays on top of the regulatory changes, protecting you from paying too much. However, while it is a tax preparers job to [...]

Does Your State Tax Manufacturing Machinery?

Manufacturing machinery is a necessary piece of industrialization, and it ensures the timely production of consumer goods. This means that a business wishing to manufacture products must obtain manufacturing equipment in order to compete against other corporations. Therefore, as an essential piece of equipment, is this machinery taxed or not? That depends, while the majority [...]

Tax Brackets for 2019, And How To Find Out Where You Fall!

Although many people don’t realize it, tax brackets don’t stay the same from tax year to tax year. Typically, they vary slightly each year, and 2019 is no exception. If you are trying to determine how much you’ll need to pay and what you’ll receive in deductions for the coming tax season, you can use [...]