Blog

IRA's and You

Dec 5, 2012

The other day, two different people called and asked us about IRA matters within a matter of minutes. Following the adage, “one complaint heard means 20 unheard,” this indicated to us that... Read more >

Category: Taxes

Black Friday Lessons

Nov 20, 2012

It's that time of the year again when many merchants hope to finally start making money for the year. Yes--for the year. Someone asked me the other day, "why is it called 'Black Friday?'" Is it... Read more >

Category: Bookkeeping

2013 is Coming...Are You ready?

Sep 18, 2012

If you're getting caught up in the 2012 hoopla, it shouldn't be 12/21/2012 that you should be worried about. If the planet as we know it is still around ten days later, 12/31/12 is the tax day of... Read more >

Category: Taxes

Remembering 09/11

Sep 11, 2012

America is a united country. We see that time and time again, from a young man helping an elderly person carry groceries, to players congratulating the opposing team after a hard-fought match.... Read more >

Category: Bookkeeping

Life Lessons We All Know But Forget Sometimes

Aug 23, 2012

One of the most rewarding things in life is a feeling that you've made a contribution. We don't mean a monetary contribution or giving your opinion, but instead the kind of contribution that makes... Read more >

Category: Bookkeeping

How to Protect Yourself in an Audit

Jul 13, 2012

Dear Client: Audits are up--and will continue to increase--as the federal government implements its automated audit systems and increases its enforcement of tax collections. It is very important... Read more >

Category: Taxes

How can you get in on those Miscellaneous Expenses for Schedule A?

Jun 15, 2012

Just reading that line on your schedule A may already throw red flags in your mind: "Miscellaneous Expenses." "Just what in the world is that?" you may ask. No, it's not the cost of miscellaneous... Read more >

Category: Taxes

Should You Be Charging Your Customers Sales Tax?

May 23, 2012

The other day we had a client come into our office for a consultation. One of his questions concerned the taxability of photography services, as he was opening a photography business. He’d... Read more >

Category: Bookkeeping

THANKS FOR THE DANCE!!!!!!!

Apr 15, 2012

As another tax season winds down to a close, we look back at it with great amazement. We ask ourselves how it was possible to go through it so smoothly, so efficiently. To service all clients... Read more >

Category: Taxes

What's the Deal with Medical Expenses?

Mar 30, 2012

Medical expenses are funny in that you REALLY have to have been sick in order to MAYBE get a deduction. Why maybe? Because you have to jump a couple of hurdles to see any benefits, per the... Read more >

Category: Taxes

We're in Full Swing, Baby!

Feb 1, 2012

Okay, any of you who has come into, or called, our office so far this year knows that tax season is in full swing already. Kudos to Mr. Larry and Mrs. Alma for making it look so easy. Even though... Read more >

Category: Taxes

After All These Years...LA Citizen's Credit Still Ambiguous to Some

Jan 12, 2012

We are still getting calls regarding the Citizen's Tax Credit. Basically, the answer for the 2011 credit is: yes, you will get your credit if you bring us a copy of the homeowner's insurance... Read more >

Category: Taxes

What Will You Experience With Us?

Jan 12, 2012

Tax season runs from around the middle of January to the middle of April every year. During that time, our office is much busier than usual. In addition to income taxes, we also prepare monthly... Read more >

Category: Taxes

Why an Outside Bookkeeping Service Is a Good Idea.

Dec 21, 2011

I know that this may seem a little self-promoting, but I want to let you know the reasons as to why you should consider having an outside bookkeeping service, such as ours, handle your accounting... Read more >

Category: Bookkeeping

Proof of Income

Dec 6, 2011

As our business client, we want to keep you well informed. This time we want to talk about proof of income. We want to focus on how to prove it to the IRS auditor. The mission of the IRS auditor... Read more >

Category: Bookkeeping