We are a Sacramento CPA firm offering accounting and tax services to small businesses and individuals.

Keys Choose a tax preparer If you don’t have a tax preparer, a good way to find one is to ask friends and advisors (such as an attorney you know) for referrals. Be sure that the person you choose has a preparer tax identification number (PTIN) showing that they are authorized to prepare federal income…

Keys Tax planning starts with understanding your tax bracket You can’t really plan for the future if you don’t know where you are today. So the first tax planning tip is get a grip on what federal tax bracket you’re in. The United States has a progressive tax system. That means people with higher taxable…

Keys Personal Information A Social Security or tax ID number for everyone included on your tax return -You need your own number, but don’t forget your spouse and dependent’s (where applicable) as well. If someone doesn’t have a Social Security number, you’ll need their TIN instead. Date of birth for everyone on your return. Income…

Resolve your tax debt for pennies on the dollar? Sounds pretty good right? Beware of these advertisements, they can be scams. The IRS warns taxpayers of this and other scams in its list of the “Dirty Dozen.” According to the IRS website: “Offer in Compromise mills contort the IRS program into something it’s not –…