Sutter Tax, Financial & Insurance Services, Inc.

There are a few areas within the tax code that can cause an unpleasant surprise when encountered. Thankfully they do not happen too often. Here are six you should know about.

After a long pilot program, the IRS is making its identity theft PIN program available to all taxpayers. Here is what you need to know.

Learn about a new tool to protect your tax return from would-be thieves. Plus find out how you are giving away the most valuable thing you own!

So many 1099's. How do you keep them all straight? Here is a quick review of the most common 1099's to help you prepare to file your tax return.

Be on your guard as the IRS identity theft season starts in late January. Here's what you need to know.

Are you capturing all the tax benefits built into homeownership? Here are the most common.

A recent voter initiative in California overrules the state's desire to make all Uber and Lyft drivers employees. This puts a spotlight on all workers to know the difference.

Unlike fishing, phishing has no limits and can hurt anyone it touches. As one of the top 12 IRS tax scams, you do not want to take this bait. Here is what you need to know.

With the setting of contribution limits to qualified retirement plans for 2021, now is a good time to plan for your upcoming retirement contributions.

Here are 15 ideas that may reduce your tax bite for this year. But act soon as the year-end is fast approaching.

Turn your home office into a tax deduction. Also read about common IRS surprises, how to use depreciation to manage your business's profit margin and ideas to help your kids with virtual learning.

If you own a home you probably itemize your deductions on your tax return. But what if you do not itemize? Can someone using the standard deduction still get a tax break?

New COVID-19 relief available for California Small Businesses #smallbiz #covidrelief

Oops! You find an error or omission on last year's tax return. What should you do? Is it always a good idea to file an amended tax return? Here are some things to consider.

The Social Security Administration recently announced their 2021 Cost-of-Living Adjustment (COLA) changes. Here is what you need to know.

If you recently changed your name due to marriage or divorce, do not get caught in the nightmare of a rejected or changed tax return by the IRS.

Simplified PPP Loan Forgiveness standards have been released.

Find out if a tax trap is lurking in your paycheck and what to do with your 401(k) when switching jobs. Also read about how to build your emergency fund during COVID-19.

When does a tax benefit not become a tax benefit? When you assume you no longer need to keep track of something. This is the case with the home gain exclusion.

Help your business manage through the coronavirus pandemic with these five essentials.

All too often taxpayers take action that will cost them dearly when they file their tax return. With a little planning, however, the IRS can still receive its fair share but not a dollar more. Here's what you need to know.

Did your paycheck seem a little higher? If so, it could be a tax time bomb.

Are you about to turn 65 years old? Congratulations, you made it! If you are overwhelmed by all of the Medicare mail and choices that need to be made, you are not alone. We are here to help navigate the options with you, and to assist with these very important decisions. Contact us at 760-757-1878 or schedule an appointment here: https://suttertax.as.me/

If you have not already done so, please plan to make your second quarter estimated tax payment. The due date is Tuesday, September 15th.