Gordon Saito & Co. CPA's LLP

Apps like Robinhood make it easy for everyone to play the stock market. If you're a retail investor who made money last year buying and selling stocks, you may owe capital gains tax when you file your tax return this year. If you lost money, you may be able to deduct that loss and reduce your income. Here's what you need to know about capital gains tax: #stocks #stockmarket #fresno #investment #taxes https://documentcloud.adobe.com/link/review

Tax credits are still available for Qualified Plug-in Electric Drive Motor Vehicles, including passenger vehicles and light trucks. The credit applies to vehicles acquired after 12/31/2009 and is limited to $7,500. State and/or local incentives may also apply. https://documentcloud.adobe.com/link/review

Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and use the home yourself. https://documentcloud.adobe.com/link/review

Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable unless the law specifically excludes it. But as you might have guessed, there's more to it than that. https://documentcloud.adobe.com/link/review

Although tax season usually starts in late January, this year, the tax filing season is delayed until February 12, 2021. Here's what you need to know: #CARESAct #taxes #Stimulus https://documentcloud.adobe.com/link/review

Creditors keep their evaluation standards secret, making it difficult to know just how to improve your credit rating. Nonetheless, it is still important to understand the factors that determine creditworthiness. Periodically reviewing your credit report can also help you protect your credit rating from fraud - and you from identity theft. https://documentcloud.adobe.com/link/review

Starting December 13, 2020, the IRS began masking sensitive data on business tax transcripts. Previously, only sensitive data on individual tax transcripts was masked. Here's what you need to know about this new initiative to protect business taxpayers from identity theft: https://documentcloud.adobe.com/link/review

Every year, it's a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here's a checklist of tax changes to help you plan the year ahead. https://documentcloud.adobe.com/link/review

Let's take a look at a few of the highlights related to pandemic taxpayer relief under the COVID-Related Tax Relief Act of 2020: #COVID19 #coronavirus #COVID https://documentcloud.adobe.com/link/review

Starting your own business can be an exciting prospect, but there is more to it than simply writing a business plan. With this in mind, let's take a look at what you need to know before you start a new business. https://documentcloud.adobe.com/link/review

While it probably seems like tax season just ended, it is never too early to do a "Paycheck Checkup" to make sure the right amount of tax is withheld from earnings - and avoid a tax surprise next year when filing your 2020 tax return. https://documentcloud.adobe.com/link/review

The key to avoiding headaches at tax time is keeping track of your receipts and other records throughout the year. Here's some tips to help you out! https://documentcloud.adobe.com/link/review

As you approach retirement, it's vital that you pay attention to several important financial matters to ensure a smooth transition. Here are five of them: https://documentcloud.adobe.com/link/review

On August 8, 2020, the President issued a Memorandum allowing employers to defer withholding and payment of an employee's portion of the Social Security tax: here's more about what you need to know https://documentcloud.adobe.com/link/review

As such, it's always a good idea to plan for what to do in case of a disaster. Here are some simple steps you can take right now to prepare: https://documentcloud.adobe.com/link/review

In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you sell your home this year. https://documentcloud.adobe.com/link/review

If you discover a mistake on your tax return, don't panic. In most cases, all you have to do is file an amended tax return. Here's what you need to know: https://documentcloud.adobe.com/link/review

Tax facts you should know if you're selling your home https://documentcloud.adobe.com/link/review

Questions about roller relief for RMD's? Here is some information you might need to know. https://documentcloud.adobe.com/link/review

Learn today about the Employee Retention Credit! The deadline is coming up at the end of the month. https://documentcloud.adobe.com/link/review

If you live or work outside the United States you generally must file and pay your tax in the same way as people living in the U.S. The deadline to file is July 15th, here's what else you need to know https://documentcloud.adobe.com/link/review