Saver’s Credit: How To Know If You Qualify
Do you currently put money into an IRA or 401k? If so, you may qualify for the Saver’s Credit! This credit may not only reduce the tax you owe, but it also […]
Get Prepped: 2016 Tax Information
With tax season in full swing, we’re sure the last thing you want to think about is next tax season. However, the IRS recently announced the annual inflation adjustments for the 2016 […]
Are You Eligible For An Education Credit?
The American Opportunity Tax Credit and the Lifetime Learning Credit are the two educational credits available to those that pay for post secondary education. Those who qualify for either education credit must […]
Do I Actually Have To File Taxes?
Have you ever asked yourself, do I really have to file taxes? The short answer, most often, is yes. The long answer may surprise you. There are a select few of us […]
Section 1244 And Everything That Goes With It
The Internal Revenue Code tactfully provides US taxpayers with specific forms of relief that are offered through various stipulations found within the code itself. One of these stipulations is section 1244, which […]
Do You Know The Difference Between An Employee And An Independent Contractor?
It can get a little tricky sometimes in determining whether someone you consistently hire to perform services for your business is an employee or an independent contractor; not to mention keeping track […]
Everything You Need To Know About Foreign Investors
Typically, a foreign investor, in the eyes of the IRS, includes both nonresident aliens and foreign corporations looking to promote capital formation, employment, and productivity in an environment that is both economically […]
2016 Tax Season is Almost Here!
Happy New Year! Paragon Accountants would like to announce that the 2016 tax season is almost here. The IRS will begin accepting both paper and electronic returns on Tuesday, January 19th. […]
How Should I File?
If you are married you have the option to file jointly or separately on your federal taxes- but which should you choose? While the IRS recommends that married couples file jointly, there […]
It’s Time to Give Thanks
This Thanksgiving, Paragon Accountants will be sponsoring a dinner for Urban Street Angels- a local nonprofit organization committed to helping homeless youth across San Diego. We encourage you to give what you […]
Make the Most of Your Business Vehicle
Do you use a vehicle to assist in running your business or are you thinking about doing so? There are many facts to consider when it comes to maximizing your tax credit. […]
Are You A Tax Scam Target?
If you’ve read our article on tax scams, you’re aware of some of the common tactics used by frauds in attempt to steal your money. Unfortunately scammers are still out there, and […]