MBO Tax

Experienced Bookkeeper with many years of experience in tax preparation, sales tax, income tax audits, and payroll. We have unequivocal experience with Used Car Dealerships. While there are many good, experienced bookkeepers and CPA's, we are the ones that are called upon to help fix the previous accountant's mistakes because they just don't understand the used car business. With previous experience running our own car dealership and DMV Registration Services, we know that y...ou have to do deal with compliance from the DMV, State Board of Equalization, Franchise Tax Board, the IRS, BAR, EDD, and also with all the finance companies. We have helped many dealerships pass sales tax audits with flying colors and have helped others out of hundreds of thousand of sales tax liability. Contact us today for a free consultation on how we can help you not only stay out of trouble, but also keep more of your hard earned profits. And even though we specialize in the automotive industry, we also service businesses in: Construction, Landscape, Manufacturing, Restaurants, Retail, Wholesale, and many others. Do not hesitate to contact us for your FREE CONSULTATION. Thank you and looking forward to hearing from you.

It's that time of year again!!! Yes, I am talking about the Holiday Season. But I am also talking about Tax Season being right around the corner. Here are some tips from the IRS in preparation for the upcoming tax season. Key Notes: 1.) Make sure to look out for all of your documents starting January. This includes W2's, 1099's, 1098's, etc, and of course the often-forgotten form 1095 that keeps you from paying the Obamacare Penalties. Review for accuracy and inform the issue...r immediately if there are any corrections needed. 2.) Remember that the laws changed several year ago and certain ITIN's need to be renewed. Make sure that if you need to renew, you do so in a timely manner or it may delay your refund. If you need to apply for an ITIN, contact us and we may be able to help. 3.) Please note that refunds from certain tax returns that include the Earned Income Tax Credit and the Additional Child Tax Credit will not be processed until mid-February. If you are unsure whether this applies to you, contact us for assistance. Remember that the key to faster refunds, compliance, and a smooth tax year is preparation. Click on the Article from the IRS for more information and feel free to contact us if you have any additional questions. www.mbotaxes.com Have a great Holiday Season!!!! https://www.irs.gov//get-ready-for-taxes-plan-ahead-to-avo