4 Real Estate Tax Advantages

While renting has its perks, there are numerous benefits to investing in real estate. Among them are tax advantages you will never see from a rented apartment, house, or other unit. Learn about some of the best tax-related reasons to purchase real estate before discussing options with your Encino tax consultants.  Depreciation When you buy [...]

Employee Retention Credit FAQ

In the wake of COVID-19, small business owners have required additional help to stay open and therefore keep their employees. The Employee Retention Tax Credit was among the assistance programs created by the federal government to help small business owners. Learn more about the credit here before discussing savings options with your Encino tax consultants.  [...]

5 Small Business Bookkeeping Tips

As a small business owner, bookkeeping can be the last thing on your mind. Yet there are endless advantages to staying smart about bookkeeping and subsequently avoiding issues such as IRS audits. Use these small business tips from your Los Angeles tax consultants to streamline the bookkeeping process.  Remember to Separate Personal expenses do not [...]

4 Signs Telling You That Your Small Business Needs An Accountant

Even a seemingly obscure accounting error can affect your small business. If you have considered hiring an accounting service in Los Angeles in the past but haven’t gotten to it just yet, now might be the optimal time. Review signs telling you to schedule a consultation now.  You Could Use Business Structure & Plan Advice [...]

FAQ About Foreclosures

Property owners face foreclosures when they fall too far behind their mortgage payments. Here, learn more about foreclosures and what they entail. Your accountant service in Los Angeles can help you navigate a foreclosure, whether you are facing one or wish to purchase a house that has been foreclosed upon.  What Happens When a House [...]

How to Reclaim Financial Records Destroyed In A Natural Disaster

Natural disasters such as the recent wildfires in California can have devastating consequences, including the loss of financial records. If your past tax information and other financial documents were lost because of natural disaster reasons, there are numerous ways to recover them. Review what your Encino tax consultants want you to know about document recovery [...]

4 Common Tax Scams To Be Aware Of

Tax scams can happen at any time in a variety of ways. Your Encino tax consultants want you to know that the IRS never calls, texts, or emails: they send letters only. Learn more about common tax scams to avoid losing money and giving out your personal information.  Natural Disaster Scams Some scammers use natural [...]

Child Tax Credit FAQ

If you have children, paying taxes can mean qualifying for the Child Tax Credit. Learn more about this tax credit if it is applicable to your tax preparation needs. And remember, your Encino tax consultants are here to help guide you through the tax prep and filing process at any time.   How Do You Qualify [...]

4 Reasons To Consider IRS Audit Representation

It’s easy to let panic set in when you receive a notification about an IRS audit. Remember to take deep breaths, as sometimes the agency issues audits randomly. Here, review reasons to request professional IRS audit representation from your Los Angeles accounting service.  Ensures You Furnish All the Right Documents Your IRS audit representative makes [...]

4 Benefits of Budgeting Analysis Services

Your budget remains a top priority as a business owner, as it influences nearly every company decision you make. If you are considering budgeting analysis services from your Encino tax consultants, learn what benefits you’ll enjoy before scheduling your initial consultation.  Spending Habit Clarity A comprehensive budgeting analysis sheds light on what your company spends [...]