Category Archives: Individuals


How Can I Save Money on College?

06

Sep 2014

How Can I Save Money on College?

Grab your books and your cash, it’s back to school time! Whether you or a loved one is getting started on their educational journey, we all know how expensive college can be. Educate yourself on these back-to-school tax credit tips from the IRS: There are two types of educational credits, the American Opportunity Tax Credit and the Lifetime Learning Credit. Students who quality for the…

Read More


What To Do If You Owe Federal Taxes

27

Aug 2014

What To Do If You Owe Federal Taxes

If you wound up owing the IRS money this past tax season, there’s a few payment options available to get it taken care of before next tax season creeps up on you: Pay Up! As with any bill out there, the best option is to just pay it all right away. It saves you more money in the long run, and you won’t be in…

Read More


Is It a Business or a Hobby?

25

Aug 2014

Is It a Business or a Hobby?

Fun in the Sun or Future CEO: How to Handle Your Money-Making Hobby If you’re fortunate enough to engage in a hobby that brings you some extra cash- great! You do, however, have to report this extra income on your Federal Tax Return. To report your income correctly, you’ll have to determine if whether your activity is a hobby or a business. So, how do…

Read More


Home Buying Tips

20

Jun 2014

Home Buying Tips

When Love at First Sight Just Isn’t Right (And Other Home Buying Blunders to Avoid)…   One common mistake first time buyers make in San Diego is falling head over heels too quickly. You probably have a picture in your head of what you want your home to look like: maybe a large yard, spacious kitchen, hardwood floors, a fireplace…whatever it may be, don’t let…

Read More


Spending Your Tax Refund

18

Jun 2014

Spending Your Tax Refund

Simple tips on how you should really be spending this wonderful influx of cash… Ok, so we’re a little behind on this one San Diego… and your tax refund is probably long gone and hanging in your closet. So in the hopes of a hefty return next tax season, we’ve provided some smarter ways to use that extra money! Keep these in mind for next year… Open…

Read More


Common Qualities of the Rich & Powerful

15

Jun 2014

Common Qualities of the Rich & Powerful

Tips, Tricks, and Habits That Will Help You Get to the Top! It’s pretty safe to say that people in San Diego, as well as every other part of the world, that have gained financial success share many of the same qualities. While there is no perfectly paved road to becoming the next Trump or Rockefeller, there are a few traits you can pick up…

Read More


First Quarter Estimated Tax Payments Are Due April 15th !!

08

Apr 2014

First Quarter Estimated Tax Payments Are Due April 15th !!

  Estimated taxes are paid in quarterly installments (every three months) on income that is not subject to withholding, for example: interest, dividends, gains from stock, earnings from a business, and alimony. Federal and state law requires: -trusts -estates -non-wage employees -corporations -wage employees who are not subject to tax withholding to submit quarterly payments of estimated taxes. Self-employment and income tax are paid by…

Read More


Haven’t Received Your W-2 Yet?

03

Mar 2014

Haven’t Received Your W-2 Yet?

As you’re getting all your documents together for your tax return, make sure to have your W-2. Your W-2 form shows what you made for the year and all the taxes that were withheld. This form is necessary for you to file an accurate tax return if you worked as an employee. You’ll want a W-2 form from all employers from the year if you…

Read More


Are You Covered?

19

Feb 2014

Are You Covered?

  The deadline is approaching! All Californians must have health coverage by March 31st at the very latest to avoid a tax penalty. For coverage starting April 1, you need to sign up no later than March 15 and pay your first premium by March 26. If you sign up after March 15 and before March 31, your coverage will start May 1 (first premium…

Read More


What To Avoid When Filing Your Tax Return

10

Feb 2014

What To Avoid When Filing Your Tax Return

With the tax season upon us, Kiplinger recently shared a list of 14 Audit Red Flags to help you avoid a visit from the IRS. We selected the most relevant for our clients here… 1.       Mucho $$$: The odds of getting audited are pretty slim for the average tax payer, but your chances increase heavily with greater income. Those making more than $200,000 have about…

Read More



Page 5 of 6« First...23456