Which Tax & Regulatory Laws Did You Unknowingly Violate Today?

The problem today is that most small business owners are violating dozens of tax and business laws that they don’t even know exist.  Business owners already struggle to make a living while trying to comply with the very complex Tax Code.  They generally don’t have the time or resources in meeting all of the regulatory requirements that our government has placed before them, or even
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Categories: CORPORATIONS & LLCs.

Corporate or LLC Compliance and Annual Meeting Plan

Many business owners form an LLC or a corporation with the misunderstanding that their business structure will protect them from lawsuits or creditors. However it is rare that these same owners operate their business in a manner consistent with their chosen entity structure, as required by law. Therefore, they often find out that they have no protection. The courts consistently rule that if you are
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Categories: ASSET PROTECTION and CORPORATIONS & LLCs.

Shielding Your Assets

To properly shield your assets requires planning and restructuring as to the way you hold and control those assets.  Asset protection planning is the method of preparing for the possibility of future lawsuits by rearranging the ownership of assets so that they are beyond the reach of potential creditors. Taking action to protect your assets must take place before any event has occurred that could
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Categories: ASSET PROTECTION and CORPORATIONS & LLCs.

Protecting Your Business

How can you, as a business owner, protect your assets when you start a business? If you begin a business without incorporating it or forming it as some type of limited liability entity, then all of your personal and business assets are at risk for all debts and claims against your business. If you run your business as a sole proprietorship or a general partnership,
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Categories: ASSET PROTECTION and CORPORATIONS & LLCs.

Tax Schemes & Scams

Don’t fall victim to tax scams. Remember that if it sounds too good to be true, it probably is.  Watch out for schemes that promise to reduce or eliminate taxes.  Involvement with tax schemes can lead to imprisonment and fines. The IRS pursues and shuts down promoters of these and numerous other scams. Anyone pulled into these schemes can also face repayment of taxes plus
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Categories: SACRAMENTO PERSONAL TAXES and SCAMS & SCHEMES.

Tips for Choosing a Tax Preparer

So, what should you be looking for in a tax preparer?  The IRS and many consumer watchdog organizations give advice on how to choose a tax preparer.  The following is a summary of some of their points.  Take note that the large chain firms do not meet this criterion Tips for Choosing a Tax Preparer Check the Preparer’s credentials Is the preparer licensed?  Very few
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Categories: SACRAMENTO PERSONAL TAXES.

Trust and Estate Tax Returns

Tax Returns Even When You Die?  As Executor or Successor Trustee you may be responsible for filing tax returns for the decedent and the estate or trust. Income Tax Returns Often a final 1040 personal income tax return, and a State version, is required to report income and expenses up to the date of death. A 1041 Fiduciary Income Tax Return, along with the State
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Categories: TRUSTS, ESTATES & FIDUCIARIES.

Business Tax Plans

The amount of taxes that you or your business must pay will vary greatly depending on the way that your business is structured and which planning concepts are put into action.  We can reduce your taxes, as a business owner, through the implementation of our formal tax planning services. Our Tax Plans are designed to take advantage of the current tax laws and regulations.  A
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Categories: BUSINESS TAX STRATEGIES.

Keep More of Your Tax Money

What Are You Going to Buy with Your Tax Savings? We do more than just preparing tax returns.  We can actually help you keep more of your hard-earned dollars—money that could have been lost forever to taxes that you did not need to owe.  That is money you could buy something with.  What are you planning to do with this new-found money? How Are We
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Categories: SACRAMENTO PERSONAL TAXES.