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Who needs an EIN

August 19, 2025 alopez1979 Leave a comment

You need an EIN if you: Have employeesWill need to pay employment, excise or alcohol, tobacco, and firearms taxesWithhold taxes…

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2025 Tax Calendar

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There are key deadlines and dates that you should know about. Use this calendar to help you avoid missing important…

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Recognize tax scams and fraud

August 13, 2025 alopez1979 Leave a comment

You can avoid falling for a tax scam. Know what to watch out for and how the IRS contacts you.…

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I received a letter from IRS about my credit: What should I do?

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If you received a letter from the IRS, don’t ignore it. Follow the directions on your letter, it includes all…

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Energy Efficient Home Improvement Credit

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These expenses may qualify if they meet requirements detailed on energy.gov: The amount of the credit you can take is a…

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IRS encourages people to do an end-of-summer tax checkup to avoid tax surprises next year

September 6, 2024 alopez1979 Leave a comment

The Internal Revenue Service encouraged taxpayers to consider using the end of the summer to make tax withholding or payment…

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Child and Dependent Care tax credit can help offset summer day camp expenses

August 23, 2024 alopez1979 Leave a comment

he Internal Revenue Service today reminded taxpayers that summer day camp expenses may count towards the Child and Dependent Care tax…

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Are you prepared for the minimum limit increase?

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Effective January 1st, 2025, Senate Bill (SB) 1107 will increase California auto insurance minimum liability limits to 30/60/15. This change…

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Are tax hikes coming?

August 2, 2024 alopez1979 Leave a comment

The 2024 elections are still several months away. At stake are a host of critical pocketbook issues ranging from taxes…

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Treasury, IRS release guidance on the prevailing wage and apprenticeship requirements for increased credit and deduction amounts under the Inflation Reduction Act

June 19, 2024 alopez1979 Leave a comment

The Department of the Treasury and the Internal Revenue Service issued final regulations today on the prevailing wage and apprenticeship (PWA) requirements…

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