2021 Tax Deadlines And End-of-Year Planning
Staying on top of the year’s important tax deadlines can be difficult, but timely filing can save you a fortune in penalties, interest, and stress. Also, due to the Coronavirus pandemic, many...
View ArticleSeptember Small Business News Updates
September Small Business News Updates Small Business News Updates Small Business News Updates If you are a small business owner, it is in your best interest to stay up-to-date with changes in both...
View ArticleAccount Reconciliation: What What To Do If Your Tax Records Are A Mess
Whether you’re an individual taxpayer, a head of household, or a business owner, keeping accurate tax records is essential. But if you’re like many people, perhaps you’ve let papers pile up, and even...
View ArticleWebinar on The Employee Retention Credit
Learn How to Qualify & Maximize Your Tax Credits from the ERC Watch Recorded Webinar Understanding how the Employee Retention Credit relates to other wage-based tax credits offered by the federal...
View ArticleDo You Have a Shoebox Full of Receipts? Failed to Implement Quickbooks?
Get rid of the shoebox! Why people get into tax trouble. After over 30 years of tax law practice, Moskowitz LLP knows why people get into tax trouble. The most common reason:Books and Records are a...
View ArticleRecord Keeping for Businesses
What records should your business keep, and how long should you keep them? There are several categories to consider when record keeping for businesses, some for internal purposes and some for tax...
View ArticleWatch Our Webinar on Year End Tax Planning
Learn about proactive, year end tax planning from our tax professionals. Watch Recorded Webinar Many businesses and investors underestimate how much money can be saved through year-end tax planning...
View ArticleCalifornia News AB150
AB150 CREATES WORKAROUND FOR CURRENT $10,000 LIMITATION ON DEDUCTION FOR STATE AND LOCAL TAXES PAID Governor Newsom signed California Assembly Bill 150 (AB150) into law on July 16, 2021, which created...
View ArticleTax Planning for Cryptocurrency Miners and Stakers
In the last 20 years, cryptocurrency has opened an exciting new world of investment opportunities. Popular currencies like Bitcoin, Litecoin, and Zcash have sparked interest with promises of high...
View ArticlePreparing for a California Residency Audit
California taxing authorities aggressively pursue state revenue through taxation, and devote a significant amount of their resources to residency audits and litigation. Gilbert Hyatt made history and...
View ArticleGlossary of Common Cryptocurrency Terms
Overview Investing in cryptocurrencies has increased dramatically over the past decade as investors seek better and more rapid returns. If this is your first foray into the world of crypto, however,...
View ArticleCan I Have Cryptocurrency in my IRA?
If you’re like most of us, building financial security for retirement is important to you. You may already have an individual retirement account (IRA) through your job, which you can grow by adding...
View ArticleWatch Our Webinar on Profit Optimization through Tax Services
Increase Profit and Make Better Business Decisions through your Tax Services Watch Recorded Webinar The global focus on tax and its pervasive impact on businesses, brings to light the key questions...
View ArticlePlan Your 2022 Retirement Contributions
As part of your planning for next year, now is the time to review funding your retirement accounts In 2022. With the cost of living calculations and increases in inflation, higher phaseout limits make...
View ArticleThe Aftermath of IRS Offshore Voluntary Disclosure Program- Foreign Bank...
You made an Offshore Voluntary Disclosure, now what? In July 2019, the Internal Revenue Service (“IRS”) Large Business and International Division announced the next steps after taxpayers made a...
View ArticleWatch Our Latest Webinar on Historic Building Tax Credits
Recorded: Tuesday, January 25 Watch Recorded Webinar Real estate is an important part of any comprehensive financial portfolio, but when it comes to utilizing tax credits, many property owners continue...
View ArticleUnderstanding and Qualifying for the Work Opportunity Tax Credit
A robust economy relies on a business environment that promotes growth. One way to achieve this is to incentivize companies to expand their workforce. The Work Opportunity Tax Credit (WOTC) represents...
View ArticleRecovery Startup Businesses: Claiming the Employee Retention Tax Credit
The COVID-19 pandemic has affected the way we work, shop, learn, and live. For business, the pandemic has created a range of challenges—from compliance with safety mandates to logistics challenges—to...
View Article2022 Tax Preparation: Important Tax Documents to Look For
With tax season now officially underway, here are several tax documents that may be easy to miss in your mailbox or inbox: 1. Child Tax Credit Letter From July through December 2021, the IRS paid out...
View ArticleSALT Workaround Enacted!
California just enacted Senate Bill 113 (SB 113), which made California’s new passthrough entity elective tax much more attractive for certain owners of S corporations, partnerships, and LLCs taxed as...
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