Category Archives: Individuals


Individual Tax Penalties And What You Can Do About Them

02

Feb 2018

Individual Tax Penalties And What You Can Do About Them

Tax season is finally here! Obviously, the goal is to avoid any and all tax penalties. But if you find yourself in a position where you can’t pay the entire amount you owe, here is what you need to know: Deadlines One of the most important deadlines to mark on your calendar is your individual tax return deadline. 2017 Tax due date: April 17, 2018*


Tax Prep as Little as $45 for New(ish) Tax Filers!

22

Jan 2018

Tax Prep as Little as $45 for New(ish) Tax Filers!

Filing personal taxes isn’t everyone’s forte (especially if you’ve never done them before), but that’s why we’re here! If this is your first or second time filing taxes, we will do them for as low as $45. Current students can take advantage of this offer as well. To schedule an appointment today, call our office at (619) 358-9799 or email Alison at alison@paragonaccountants.com. We look…

Read More


How Does The “Tax Cuts and Jobs Act” Affect You?

04

Jan 2018

How Does The “Tax Cuts and Jobs Act” Affect You?

What does this new change in the American Tax Code mean to me? Out from all the ruckus has come out a solidified tax reform plan that goes into effect for tax year 2018. With the bill passed by both the Senate and the House, President Trump signed the “Tax Cuts and Jobs Act” into law on December 22. But do not be mistaken, this…

Read More


Trump’s Proposed Tax Reform: What Does it Mean to You?

06

Oct 2017

Trump’s Proposed Tax Reform: What Does it Mean to You?

President Trump’s proposed tax plan, which was announced in April and called the “the biggest tax cut” ever by the U.S. National Economic Council Director, would take our country from having one of the highest corporate taxes in the developed world to one of the lowest. Here we lay out some changes focused specifically towards small businesses and individuals. For a full description of the…

Read More


Taking the Good With the Bad: Unemployment and New Home Sales at Record Lows

14

Sep 2017

Taking the Good With the Bad: Unemployment and New Home Sales at Record Lows

Unemployment Stats The United States economy and labor market continue their comeback, with the summer’s numbers better than expected. According to July’s report from the Bureau of Labor Statistics, May and July’s unemployment rates (4.3 percent) were the lowest since 2001 and 209,000 jobs were added in July alone, about 15 percent more than predicted. Thanks to businesses that have been able to hire, July…

Read More


To Each & Every One of Our Valued Clients…Thank You!

27

Apr 2017

To Each & Every One of Our Valued Clients…Thank You!

Another successful tax season has come and gone, and none of it would be possible without your loyalty and continued trust in our services. At Paragon Accounting Group, we never want you to forget how much we value our relationships with each and every one of you as our clients. Strong and reliable partnerships are what businesses are built on. We hope to continue to earn your business…

Read More


ITINs: A Chance to Participate in the U.S. Tax System

24

Oct 2016

ITINs: A Chance to Participate in the U.S. Tax System

The influx of foreign nationals, non-resident foreign nationals, and immigrants into the United States each year is a demographic phenomenon that has been at the centerpiece of our political and economic discourse for an overwhelmingly large part of our history as a nation. There are a myriad of reasons foreign individuals come to the United States, but for most, the appeal is undeniably the economic…

Read More


Mark Your Calendars: CA Sales Tax Rates Decrease, Effective Jan 1st, 2017

29

Sep 2016

Mark Your Calendars: CA Sales Tax Rates Decrease, Effective Jan 1st, 2017

January 1, 2017 – California state sales and use rate will decrease by 0.25% The California State Board of Equalization announced that, as of this date, the 0.25% increase in the statewide sales and use tax will expire. This was approved by voters in 2012 and became effective in 2013. Per prop 30, the statewide rate will drop from 7.5% to 7.25%. While many counties and…

Read More


How Can A 529 Plan Help You Save For College?

22

Sep 2016

How Can A 529 Plan Help You Save For College?

First things first, a 529 plan is a state or educational institution savings plan created to help families save for college! Almost every state has an available 529 plan, and they can be used to help with the cost of qualified colleges all over the nation. Not sure if your college qualifies? Take a look at the list of eligible institutions here. So, how do…

Read More


One Major Tax Law Every Homeowner Should Know About

16

Sep 2016

One Major Tax Law Every Homeowner Should Know About

Planning on selling your home? You may qualify for a deduction that every homeowner should know about. The $250,000/$500,000 exclusion is an extremely valuable tax law for homeowners. So, how do you know if you qualify? First, you must own and occupy your house for at least two years before you sell it. This can include condos, apartments, mobile homes, as well as stock-cooperative. If…

Read More



Page 1 of 612345...Last »