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Improved Tax Withholding Estimator helps workers target the refund they want; shows how to fill out new 2020 W-4

January 24, 2020 alopez1979 Leave a comment

The Internal Revenue Service has launched a new and improved Tax Withholding Estimator, designed to help workers target the refund they…

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Don’t Be Duped By Clever Scammers

January 22, 2020 alopez1979 Leave a comment

You may think we harp on you a lot about protecting yourself against identity theft and tax scams. You are…

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Filed under: E-mails, filing taxes, identity, IRS, scam, scamming, tax deductible, Tax tips, taxes, taxpayers, theft, tips for taxpayers

Will Independent Contractor’s become Extinct ?

January 17, 2020 alopez1979 Leave a comment

The California legislature recently passed landmark labor legislation that essentially makes it very difficult, if not impossible, for a worker…

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Congress Allowing Higher Medical Deductions in 2019 and 2020

January 15, 2020 alopez1979 Leave a comment

On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax…

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Tax season begins January 27th !

January 10, 2020 alopez1979 Leave a comment

IRS will begin accepting tax returns on the 27th of January, but you are more than welcome to come in…

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Have you received a Notice of Deficiency from the IRS ? Here’s what to do next

January 8, 2020 alopez1979 Leave a comment

Nobody likes getting mail from the IRS — especially when it’s something you weren’t expecting. One minute, you’re minding your…

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January 2020 Business Due Dates

January 7, 2020 alopez1979 Leave a comment

January 15 – Employer’s Monthly Deposit Due – If you are an employer and the monthly deposit rules apply, January…

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Must have Medical insurance or pay penalty for 2020 taxes

January 6, 2020 alopez1979 Leave a comment

Starting this year, all California residents must have health insurance or pay a penalty. The California Franchise Tax Board (FTB)…

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Understanding tax lingo

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When discussing taxes, reading tax related articles or interpreting instructions, one needs to understand the lingo and acronyms used by…

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Understanding your annual social security letter

January 4, 2020 alopez1979 Leave a comment

If you are receiving Social Security, then you have just recently received your annual letter from the Social Security Administration…

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