Tax Pro Plus
2999 Overland Ave.
Suite 204
Los Angeles, CA 90064
Map It!
Ph: (310) 827-4829
Fax: (310) 842-7160
info@taxproplus-la.com
In this edition of our client newsletter, we remind those that have not yet filed their 2015 individual tax return(s) that October, 17 is your final deadline; plus a sample of the latest IRS scam letter, business tips and much more.
Our goal is to provide you an unparalleled level of client service. If you see something that you want to talk about, please contact us to explore the possibilities. We rely on satisfied clients as the primary source of new business, and your referrals are both welcomed and most sincerely appreciated!
Tax Pro Plus
Time Is Running Out! Extended Tax Due Date Just Around the Corner
If could not file your 2015 return by the normal April due date and requested an extension, be aware that the final due date for your return is October 17, 2016. The date is normally October 15, but that falls on a weekend this year, giving you two extra days to meet your individual tax-filing obligation. There are no additional extensions, so this is it!
Read the article »
![]() | ![]() | ![]() |
Ingenious Scam Targets Taxpayers
Crooks have tried all sorts of e-mails scams, but almost everyone has figured out that the IRS does not send out notices by e-mail. So crooks have changed their tactics. Now, there are reports of taxpayers receiving by mail (or email) fake notices requiring immediate payment to a P.O. Box. The P.O. Boxes are located in cities where the IRS has service centers, but of course are not IRS P.O. Box addresses.
Read the article »
![]() | ![]() | ![]() |
New Business? First-Year Deduction Strategies
If you are planning a new business start-up and are incurring some expenses, you probably anticipate deducting those expenses in the first year of the business’s operation. Unfortunately it is a little more complicated than that. Expenses a business incurs in the beginning can include equipment purchases, vehicle purchases and use, leasehold improvements, organizational costs and start-up expenses, and each receives a different tax treatment.
Read the article »
![]() | ![]() | ![]() |
Time for Baby Boomers to Pay Up
All you baby boomers who have been stashing away tax-deferred retirement savings, take note: it is getting close to the time to start withdrawing funds from those accounts and, of course, paying taxes on those withdrawals. This includes distributions from traditional IRAs and 401(k)s.
Read the article »
![]() | ![]() | ![]() |
9 Finance Tips All Business Owners Should Follow
Business owners are experts at their industry. You know your products and services well – better than the competition. You know how to reach those customers, too. But, managing what’s behind the scene isn’t always as easy. With the right tools and resources, including a professional by your side, you can enhance the way you do business, reduce your spend, and increase your profit margins. To get started, you need some basic information on finance.
Read the article »
![]() | ![]() | ![]() |
Hobbies and Income Tax
Millions of U.S. taxpayers engage in hobbies such as collecting stamps or coins, refurbishing old cars, making crafts, painting or breeding horses, and the list goes on.
Read the article »
![]() | ![]() | ![]() |
Grandchild IRA Gift Idea
If you have a young grandchild, we have a gift suggestion for you that can provide a lasting legacy between you and your grandchild.
Read the article »
![]() | ![]() | ![]() |
14 interviews with some of the most influential #entrepreneurs of our time.
As a business owner, sometimes it feels like the weight of the world is on your shoulders. It is your money and time on the line. It is your business decisions and the risks you take on that will help define your future. We compiled a list of interviews of some of the most successful thought leaders that might help shed light on the struggles all entrepreneurs go through. Sometimes it just makes you feel better when you hear how others overcame the same struggles you face and made it big.
Read the article »
![]() | ![]() | ![]() |
Customizing QuickBooks Online Forms
Make a good impression on your customers by sending them well-designed sales forms. QuickBooks Online helps you create them.
Read the article »
![]() | ![]() | ![]() |
Disclaimer: The tax advice included in this newsletter is an overview of some complex tax rules and is not intended as a thorough in-depth analysis of the tax issues discussed. Do not act on the information included in this newsletter without first determining how these issues apply to your particular set of circumstances and if there are any special tax laws or regulations that might apply to your situation.
![]() ![]() |
![]() | ![]() |