Coronavirus Updates, Tax Tips This article is courtsey of HMWC CPAs & Business Advisors- Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that … [Read more...]
San Diego County Property Taxes Are Due Feb. 1st and late by April 10th
Property Taxes Are Due Feb. 1 The second installment of your property taxes is due on February 1. Ifyou don’t pay your bill by April 10, 2022, you will be charged a 10% penalty plus a $10 fee. You can pay your taxes online now by clicking the "Pay Bill" button below. Top … [Read more...]
Thinking About Moving to Another State in Retirement? Don’t Forget About Taxes
When you retire, you may consider moving to another state — say, for the weather or to be closer to your loved ones. Don’t forget to factor state and local taxes into the equation. Establishing residency for state tax purposes may be more complicated than it initially appears to … [Read more...]
Tax Time 2019 Is Around the Corner! Are You Ready?
Article Highlights: Time to gather your information for your tax appointment New for 2018 Choosing your alternatives Tips for pulling your information together Tax time is just around the corner, and if you are like most taxpayers, you are finding yourself with the … [Read more...]
For 2017, the estate and gift tax exemption is $5.49 million per individual, up from $5.45 million in 2016.
For 2017, the estate and gift tax exemption is $5.49 million per individual, up from $5.45 million in 2016. Here is the link the IRS website regarding this: https://www.irs.gov/businesses/small-businesses-self-employed/estate-and-gift-taxes … [Read more...]