Elk Grove: 916 - 246 - 2082 Sacramento: 916 - 246 - 2083

Are Your Social Security Benefits Taxable?

Are Your Social Security Benefits Taxable? IRS Tax Tip 2014-23, February 28, 2014 Some people must pay taxes on part of their Social Security benefits. Others find that their benefits aren’t taxable. If you get Social Security, the IRS can help you determine if some of your benefits are taxable. Here are seven tips about […]

Read More
The 4 Tax Forms You Should Be Getting Soon

The 4 Tax Forms You Should Be Getting Soon To get ready for tax season, here are the important envelopes to look out for. You may have already started receiving tax forms in the mail. You know what I’m talking about — the envelopes are marked in big block letters, “IMPORTANT TAX DOCUMENTS ENCLOSED.” If […]

Read More
7 Ways to Keep Your Tax Refund Safe From Thieves

7 Ways to Keep Your Tax Refund Safe From Thieves To make sure your hard-earned money doesn’t fall into the wrong hands, protect your identity this tax season. The tax season officially opened on January 20, meaning it’s time for that dreaded (but inescapable) annual job: filing your tax return. One group isn’t putting off […]

Read More

Failure to File or Pay Penalties: Eight Facts The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, the law provides that the IRS can assess a penalty if you […]

Read More
Payroll Taxes, Costs & Benefits Paid by Employers

Payroll Taxes, Costs & Benefits Paid by Employers In addition to salaries and wages, the employer will incur some or all of the following payroll-related expenses: Employer portion of Social Security tax Employer portion of Medicare tax State unemployment tax Federal unemployment tax Worker compensation insurance Employer portion of insurance (health, dental, vision, life, disability) […]

Read More
Job Search and Moving Expenses

Job Search and Moving Expenses Many taxpayers are unaware that they may be able to deduct the costs of searching for a job or moving to start work for a new employer. The IRS allows taxpayers to write off their reasonable moving expenses under certain conditions, as well as the necessary expenses involved in searching […]

Read More
Critical IRS Deadlines in the Year 2014

The following is a compilation of various deadlines for filing returns with the IRS and making various payments. January 15, 2014 Deadline to pay your fourth quarter estimated tax payment for the year 2013. However, you can skip this estimated payment without penalty if you file your return and pay your balance in full by […]

Read More
IRS Announces 2014 Filing Season Delay

The IRS announced today that the 2014 tax return filing season will be delayed 1-2 weeks to allow adequate time to program and test tax processing systems following the 16-day federal government closure. The originally scheduled starting date for the 2014 tax filing season was January 21, 2014. Based on a 1-2 week delay, the […]

Read More