Tag: Orange County Tax Services
Most mistakes in tax returns occur during the last two weeks of tax season before the deadline.
This is due to many people wanting returns and not enough time to both prepare the returns and allow for the taxpayers to review them prior to filing.
We recommend that, where possible, you have your tax professional file an extension for you and then finish the returns late April or early May – that way you will get their best service.
Also, remember that an extension is an extension of time to file, not an extension of time to pay – IRS charges ½ of 1% per month penalty plus interest on any unpaid balance after April 15th. California is the same except the first month the penalty is 5%.
The 2012 Income Tax Act contains several provisions that affect individual tax payers.
In this segment, Gregory W. Beck, CPA explores the changes affecting individual tax rates, the new 39.6% rate, the new limitation on itemized deductions and personal exemptions as well as other provisions.
In January 2013 President Obama signed into law the American Taxpayer Relief Act.
Although there were many provision and tax increases, there were also some interesting opportunities. In this video, Gregory W. Beck, CPA discusses some of the opportunities in the provisions that relate to business expenses and depreciation. (Click below to watch)
To schedule a FREE, half hour consultation with Gregory W. Beck, please call (714) 583-1040.
The Offices of Gregory W. Beck, CPA – A Professional Corporation Announce New Website Launch
Gregory W. Beck, CPA – A Professional Corporation recently launched a new and improved interactive website for its Orange County, CA-based accounting firm.
Located at http://www.beck1cpa.com, the new website makes it clear to visitors that the strength of Gregory W. Beck, CPA reaches well beyond the typical variety of financial, tax and accounting firm general services. Gregory W. Beck, CPA specializes in meeting the unique needs of non-public, closely held businesses through areas such as strategic business planning and part-time CFO Services.
“Greg has an impeccable reputation and provides a wide range of general and specialized tax skills – we wanted to showcase this range visually and make Greg’s vast experience the focal point of the site.” said Alex Ribble, owner of Digital Marketing Firm Big Chief Creative
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