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You know you have to pay taxes. So you may not be eager to spend yet more money to work with a tax professional. But since taxes affect most areas of your life and since tax laws change all the time there are several situations when it makes financial sense to consult a tax pro, who can not only help with preparing your return but also offer smart tax savings! If you're ready to ditch the overwhelm that comes with business taxes, here’s how we can make that happen: 1. Through my tax consultation, I’ll take a look at your books, assess the level of help needed, and provide my recommendations. 2. Or rather than work through it yourself, you can hand it over to me and I'll get you back on track! With the right information and guidance, you can feel alot less stressed this tax season. Take the next step and book a call with me today! https://lnkd.in/esz2Hp9q #TaxTime #TaxSeason #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

Today we're highlighting the differences between tax preparation, tax planning and tax strategy.  This should help you evaluate the level of services you may need for your specific situation. Keep in mind that even if your tax preparer takes advantage of every possible opportunity to save you and your business money when it’s time to fill out the necessary tax forms, you’re likely missing out on substantial savings that can come from professional tax planning services. Need help with tax preparation and planning for your business this upcoming tax season? We help you strengthen your bottom line and take your business to the next level. Schedule a call today! https://lnkd.in/esz2Hp9q  #taxtip #moneytip #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

If you can't file your tax return by the April 15, 2024, deadline, request an extension.  An extension gives you until October 15, 2024, to submit a complete return. You can use IRS Free File at IRS.gov/freefile to request an automatic filing extension or file Form 4868, Application for Automatic Extension of Time to File. Remember, an extension to file is not an extension to pay taxes. If you owe taxes, you should pay them before the tax deadline to avoid potential penalties and interest on the amount owed. Got any tax questions? Drop your questions in the comments below. Want to talk more in-depth about outsourcing your taxes to the experts?  Get in touch with us today! https://lnkd.in/esz2Hp9q #TaxTip #TaxSeason #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

What is a Tax Strategy? It's not just about keeping tabs on receipts or making it through tax season without a hiccup.  Tax strategies have one overriding objective: to increase your wealth. It is a long-term vision for your financial and business future. That’s why your tax strategy should be designed for years, if not decades, ahead. Ultimately, everyone should look into developing a tax strategy for their finances ASAP – the sooner you begin planning for your taxes, the bigger the benefits you may see! If you are interested in wealth management and wealth creation and have questions about how a tax strategy can help you achieve your financial goals, schedule a call today. https://lnkd.in/esz2Hp9q #TaxStrategy #MoneyStrategy #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

With the tax deadline looming, it’s crunch time! Here are some last-minute tax tips to help ensure you’re making the most of your tax return. As confusing and ever changing as taxes can be, it would be wise to seek advice from a professional who understands the new tax laws.  With the right information and guidance, you can feel a lot less stressed this tax season. Book a call with us today! https://lnkd.in/esz2Hp9q #TaxTip #BusinessTips #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

The IRS has raised its penalty interest rate for individuals, to 8% per year. Failure to keep up with your tax payments or withholding may cause the IRS to assess a penalty for underpayment of estimated taxes.  The amount of the penalty is determined by the balance still owed after you’ve filed your annual tax return. The IRS charges its 8% interest rate until the balance is paid in full. By following this checklist, you can manage your estimated taxes more efficiently and avoid any surprises when tax time rolls around.  Remember, staying proactive about your taxes is crucial for maintaining the financial health of your business. Consulting with a tax professional can provide personalized guidance tailored to your specific financial situation, helping to ensure that your estimated tax payments are accurate. Schedule a call with us today to learn more.  https://lnkd.in/esz2Hp9q #TaxTips #SmallBusinessSupport #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

Here's a quick guide on the standard deduction 2023 vs 2024. The standard deduction is the simplest way to reduce your taxable income on your tax return. You simply claim a flat dollar amount determined by the IRS. Can itemizing save you money? For some people, itemizing reduces their tax bill more than claiming the standard deduction would. When in doubt, consult with a tax professional. They can assess your unique situation and guide you on the best approach.  Want a much less stressful tax season this year? Partner with us! https://lnkd.in/esz2Hp9q #TaxTime #TaxSeason #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

By maximizing deductions, utilizing tax credits, considering incorporation, planning for retirement, staying updated on tax laws, and seeking professional guidance, you can optimize your tax strategies and increase your income in 2024.  Remember, consulting with a tax professional is always recommended to ensure compliance and maximize your tax savings. Get ahead of tax season with our help.  https://lnkd.in/esz2Hp9q  #money #wealth #bookkeeping #accounting #bookkeeper #quickbooks #payroll #financialreports #profitandloss #balancesheet #bankreconciliations #creditcardreconciliations #SanDiegoBookkeeper #SanDiegoAccountant #CaliforniaBookkeeper #CaliforniaAccountant #IntegrityAccounting

How did you handle last tax season? 🤔 Was dealing with piles of receipts, account statements, and sorting out business expenses what you signed up for when you started your small business? 👀 🚫 Of course not! 🚫 That's why you need to hire a VIRTUAL Tax Preparer this tax season - like me! 👩🏾💻💰 Let me handle the paperwork while you focus on your business 💼 Sign Up To Get Started! 📞 877-573-5043 🌐 https://bit.ly/41BOmzE #taxes #2024taxes #taxplanning #entrepreneurship #money #smallbusiness #bookkeeping #accounting #consultants #taxprofessional

Running a business is exciting, but tax season and potential audits can be a major headache. That's where my team and I come in! We specialize in comprehensive bookkeeping, tax preparation, and even audit support for small businesses. We handle the complexities of the US tax code, so you can focus on what you do best – growing your dream! Let me take the weight of tax season and audits off your shoulders. With our expertise, you can: Free up valuable time: Stop worrying about tax forms and deadlines! Maximize deductions: Ensure you claim every eligible deduction to save money! Feel confident: Know your finances are in order and you're prepared for anything! Ready to ditch the tax stress and focus on your business goals? Connect with us at PrepTaxSmart.com today to discuss your specific needs! #taxes #accounting #bookkeeping #audit #entrepreneur #stressfree