5 Tips for Reducing Your Debt for the New Year!

For many people, the new year represents a clean slate. Reducing debt is a common resolution, but some people prefer to begin before the new year even rolls around. That way, they can tackle their fresh start with more gusto. Whichever camp you are in, these five tips from Los Angeles Accounting firms should help. [...]

New Year, New Taxes! Tax Tips for 2020

Tax time can be stressful, but your 2020 filings don’t have to be. With a few easy tips, doing your taxes can be painless and leave you with some extra cash. Here are five things Encino tax consultants recommend you do for 2020. 1. Get Assistance Taxes are complicated any year, but with the newest [...]

How To Reduce Your Taxes at the End of the Year

Who loves tax time? Even when you’re ready for it, it can feel like good old Uncle Sam is reaching in your back pocket when you’re not looking. Sure, taxes go to supporting necessary government programs, but losing hard-earned money is never easy. Therefore, Encino Tax Advisors suggest reducing your year-end tax bill by taking [...]

Is There a Sales Tax on Services?

When you run a business, you know you need to collect sales tax on the products you sell. However, you may be less certain about sales tax on services. This isn’t surprising because service sales tax is a lot more complicated. It may be helpful to look for Los Angeles tax preparation services to help [...]

How Does a Trust Work for Estate Planning?

Estate planning may sound like the sort of thing only super-wealthy people need to worry about. However, anyone who expects to leave any financial assets to their heirs when they die needs to seriously consider this. Many LA families could benefit from contacting a Los Angeles accounting firm for help. Read on to learn about [...]

What Is a Cash Flow Analysis?

If you are like many business owners and managers, you didn’t start your business to practice your accounting skills. In fact, many people running their businesses find themselves uncertain about how to properly handle and plan their finances. Have you heard of a cash flow analysis but are uncertain exactly what it is or how [...]

How To Build a Retirement Plan

It is never too early to start planning for retirement. In fact, the sooner you start, the more you can save away to enjoy your golden years. You can get in touch with a Los Angeles accounting professional if you need some assistance. However, there are some simple steps you can take right now to [...]

What Is the Need for Tax Planning?

Tax planning is the act of avoiding or delaying taxes through legal, effective strategies. You will need to speak with Encino tax advisors to ensure you are going about this the right way. Through these strategies, you can find a way to expedite tax deductions and credits and utilize the federal tax code to your [...]

5 Things You Should Do Now to Prepare for Tax Season

Tax season runs from the beginning of January to April 15, when IRS returns are due. As for California state taxes, any payments you owe must be made by April 15. However, you have until mid-October to file the associated form(s). In any case, here’s the scoop from Encino Tax Consultants on five things that’ll [...]

What Is the Best Accounting Software for My Business?

Accounting software can help with tasks such as monitoring inventory, calculating profits and losses, and tracking expenses. Of course, which software title do you choose? It mostly depends on your budget and needs (for example, scalability potential or importance of receipt-counting versus inventory tracking). That said, many Los Angeles Tax Preparation services recommend one title [...]