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California Storm Tax Relief

February 27, 2023 On Friday, February 24th the IRS announced a further extension of time to October 16th for most California individual and business taxpayers. Please click here to review the newest updates.  January 12, 2023 On January 10th, the IRS has granted emergency relief for all taxpayers in various counties in California affected by…

January 2021 Tax CARES and PPP Update – Fresno CPA

January 2021 Tax, CARES, and PPP Update

At the very end of December 2020, President Trump signed the Consolidated Appropriations Act, 2021 (CAA, 21) into law. This included the second draw of PPP loans, stimulus checks, plus a list of tax deductions, credits, and extensions. In order to best assist you in sifting through the mountain of available information, we have curated…

Payroll Tax Credit – Fresno CPA

CARES Act Payroll Tax Credit

Updated July 11, 2020 The CARES Act created assistance for business owners struggling to pay to their employees during the shelter-in-place orders. Among other programs is the Payroll Tax Credit. It’s a significant tax break and we recommend taking advantage of it if you meet the criteria. The credit is one of several methods for…

tax breaks – Fresno CPA

Extended Tax Breaks and a New Retirement Incentive

The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire at the end of 2019. The agreement on the spending package also includes the Setting Every Community Up for Retirement…

financial advice for new parents – Fresno CPA

Financial Advice for New Parents

My wife and I have recently started a family and are completely thrilled over becoming new parents. After coming home from the hospital, we very quickly realized that there are several new financial responsibilities that come with being a parent. We did our due diligence and felt prepared for most of the big changes, but…