Kareena Sharma, CPA
Category
General Information
Locality: Eastvale, California
Phone: +1 949-864-6793
Address: 6775 Stillbrook Way 92880 Eastvale, CA, US
Website: www.kstaxcpa.com
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It's tax time, and if you are like most taxpayers, you are probably facing the ominous chore of compiling records in preparation for your tax return. The task is never easy, but the effort usually pays off in the extra taxes you save! When you are fully prepared for your appointment, you'll have more time to explore additional deductions and consider a tax plan for the future.
Here's some motivation for your Monday from KS Tax & Financial Services
December's COVID Tax Relief Act provided more than extended unemployment relief and stimulus payments. See a summary of the benefits and if any of them applies to you.
Learn about taxes from your friends at EastVale based KS Tax & Financial Services.
IRS opens up the use of ID verification tax filing numbers to taxpayers nationwide as a means of protection against filing fraud. These numbers must be applied for and identities verified before issuance.
Get inspired. Some Wednesday Wisdom from EastVale based KS Tax & Financial Services
President-Elect Biden released his "American Rescue Plan" on January 14. It is a wish list of proposals he wants Congress to enact to address the COVID-19 pandemic and associated economic crisis.
KS Tax & Financial Services - Some Monday Motivation for our friends and colleagues.
Congress has authorized a second draw for PPP loans. Watch this video for a short overview of what you can expect.
A little inspiration from KS Tax & Financial Services to start your week.
Breaking: The IRS is delaying the beginning of the 2020 tax season to February 12, 2021
COVID-19 has touched nearly every aspect of the lives of every American, including our financial health. There will be some tax implications that many people have not considered. Watch the following video for some possible tax consequences so you can be prepared when tax time comes.
Your Friday tax fact from EastVale based KS Tax & Financial Services.
After months of political bickering, Congress is finally passing a new COVID relief bill. Watch this video for a summary of what you can expect from this relief package.
For low- and moderate-income workers, the saver's credit can be used to offset part of the first $2,000 workers can voluntarily contribute to an IRA or their employer's qualified retirement plan. It helps individuals who don't normally have the resources to set money aside for retirement and is available in addition to the other tax benefits associated with retirement plan contributions.
This is our annual reminder for you to file worker 1099s if you use workers other than employees to perform services for your business.
Congress has authorized a second PPP loan draw but has generally limited the applicability to small businesses with 300 employees or fewer that suffered a 25% or more reduction in gross revenue during any quarter in 2020.
Let's get the weekend started. Friday from KS Tax & Financial Services
Great news for 2021 and 2022 only. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100%, instead of just 50%, of business meal expenses meeting certain requirements.
Congress has reached an agreement on an emergency coronavirus relief bill which provides additional stimulus payments, extends unemployment benefits and provides another round of forgivable PPP Loans for small businesses.
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