Tax season is here, and you may be wondering if you need tax preparation services for your business. If you are a small business owner, a freelancer, or a corporation, you may think that you can handle your taxes by yourself. After all, you have a degree in accounting, right? Well, not necessarily. While it…
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Tax Consultant Blog
Knowledge is power. Stay on top of the latest tax laws, strategies, and tips from the tax professionals at Robert Hall & Associates. Wondering what the difference between Enrolled Agents and CPAs are? How about any tax deductions you might be missing? Find the answers to these questions and more here!
How to Choose the Best Tax Services for Your Business
Tax season is here, and you may be wondering how to find the best tax services for your business. Whether you are a small business owner, a freelancer, or a corporation, you need to file your taxes correctly and on time to avoid penalties and interest. But how do you know which tax service provider…
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Are Property Taxes Deductible in California?
As a California taxpayer, you may be wondering whether property taxes are tax-deductible in California. The answer is yes, but there are some important things to keep in mind. California property taxes are generally still tax-deductible for both wage earners and self-employed individuals on both state and federal tax returns. However, starting in 2018, the…
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QBI Deduction: A Comprehensive Guide
If you’re a self-employed or small-business owner, you may be eligible for the qualified business income (QBI) deduction. This tax deduction allows you to deduct up to 20% of your qualified business income from your taxable income. In this article, we will discuss the QBI deduction and how to maximize its benefits. What is the…
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Tax Preparation: A Comprehensive Guide
Tax preparation is a crucial aspect of financial planning for individuals and businesses alike. It involves the process of filing tax returns, calculating tax liabilities, and ensuring compliance with tax laws and regulations. In this guide, we will cover everything you need to know about tax preparation, including: The importance of tax preparation The different…
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California Tax Brackets 2024: What You Need to Know
If you live or work in California, you probably know that the Golden State has some of the highest taxes in the country. But how much do you actually pay in state income tax, and what are the tax brackets for 2024? In this blog post, we will explain everything you need to know about…
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How to Get Your California Tax Refund Faster and Easier
If you are a California resident who filed your state tax return, you may be wondering when you will receive your refund. The good news is that there are some ways to speed up the process and make it easier for you to get your money back. Here are some tips and tricks to help…
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How to Save Taxes with the Qualified Business Income Deduction
If you are a self-employed or small business owner, you may be eligible for a tax deduction that can save you thousands of dollars on your income tax bill. This deduction is called the qualified business income (QBI) deduction, and it allows you to deduct up to 20% of your net income from your business…
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Consequences of IRS Collections: What Happens Next
Dealing with the Internal Revenue Service (IRS) can be a daunting and stressful experience, especially when it comes to unpaid taxes and collections efforts. When taxpayers fail to meet their tax obligations, the IRS employs a range of collection actions to recover the owed taxes, interest, and penalties. In this article, we will explore the…
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What to Look for When Hiring a Tax Accountant for Your Business
If you are a business owner, you know how important it is to keep your finances in order and comply with tax laws. However, tax accounting can be a complex and time-consuming task that requires specialized knowledge and skills. That’s why many businesses choose to hire a professional tax accountant to handle their tax preparation…
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