Tax Time CPAs

😱 Did you know that the charitable contribution rule that allowed C corporations and individuals to deduct a greater percentage of their income for charitable contributions is no longer in force for the 2023 tax year.

Tax Time CPAs can help you identify the best deductions and areas for tax savings. Call us today!

Are you a small business with less than 50 employees?

The SECURE Act increases the credit for all or a portion of employer contributions to small employer pensions for the first five employer tax years, starting in 2023.

If you aren't contributing to your employee retirement plans, you're missing out! Don't worry, we can help!

📢 Attention all taxpayers! 📢

Are you curious about the child tax credit for the upcoming 2023 tax year? 🧐 Many of our clients have expressed concern, but guess what? They're not alone! This important topic is currently undergoing bipartisan review, and we've got all the details for you.

Click the link below to stay informed and learn more about the potential changes to the child tax credit. Let's navigate through these updates together!

👉 Link: https://hubs.li/Q01Y3zZc0

A bipartisan path forward on the Child Tax Credit But if you’ve been watching closely, the tone of the conversations around the tax items is slowly but surely shifting.

Can you say "cat-pitalism?" 😝

We hope you party like an animal this 4th of July!!

The right tax accountant can save your small business big money.

How Tax Accountants Save a Small Business Money Tax accountants protect small business owners from penalties, profit loss and audits. Focus on what you know. Mistakes aren't worth the risk.

With 87,000 new IRS agents, the odds of an an audit are not in your favor. Learn how you can avoid the triggers.

6 Small Business Tax Audit Triggers Incorrectly reporting your income creates audit triggers. Here is what you need to know to protect your small business from the IRS.

Did you file a business or individual tax extension? The deadline is fast approaching to submit your returns.

Don't wait until the last minute. Give us a call and let us help.

Easily track your small business expenses and tax deductions with our FREE accountability tracker. No email or subscription needed!

Just click to download and start finding ways to save NOW!
https://hubs.li/Q01T95hF0

Dad, Daddy, Pops, Pappa, Bruh...

Whatever your kids call you, today is your day. Happy Father's Day!

Do you have to turn over ALL your client records to the IRS?

The Supreme Court says YES. See how the latest court ruling will affect you and your clients' data.

https://hubs.li/Q01T8_Gc0

The government doesn't want you betting on social security. Act now to SECURE your team's retirement benefits.

SECURE Act 2.0: Small Business Retirement Planning Small Business Owners - Learn about retirement planning tax credits for your small business outlined in the SECURE Act 2.0.

Meet Mike!

With over 20 years of experience in public practice, and corporate and non-profit accounting, Mike has extensive large and small business accounting and tax experience. He works with small businesses to deliver accounting, tax compliance and effective tax strategies. During his career, Mike has provided accounting operations for start-ups and nonprofits, and currently delivers Fractional CFO / Controller services for multiple clients.

Mike was born and raised in Los Angeles. He received his BA in 1998 from the University of Colorado (Go Buffs!) and his MBA from the University of Georgia (Go Dawgs!). Now living in Colorado, he has two grown children, 4 grandchildren, and a new baby. He enjoys hiking and climbing Colorado 14ers when he’s not in the office.

Schedule a meeting with Mike to discover how you can reduce your tax liabilities and increase your personal wealth.

Are you an MLM pro? Get in the know about how you can save more of what you sell.

Tax Considerations for Multi-Level Marketing Whether your MLM is a side hustle or a full-time gig, learn the tax benefits and ramifications before starting multi-level marketing work.

Small business owners - listen up. Five small tips can save you big.

5 Small Business Tax Planning Tips Tax planning tips to help small business owners save money, maximize deductions and take advantage of available tax credits.

Small business owners are shocked by how much they owe this year in taxes. We explain why taxes have increased and what you can do to avoid them.

Small Business Tax Liabilities Higher Than Expected? Small business owners are in shock as pandemic-era relief expires and tax liabilities increase. Here's what you can do.

Inflation hurts. Even when employers give you a raise to offset the pain, you risk income tax bracket creep. Here's how you can avoid it. https://hubs.li/Q01MYYWp0

Enjoy Memorial Day weekend, but remember why we have it and who paid the price so we could.

Want to know the key to saving money? Reducing your taxable income. We show you how.

How to Reduce Your Taxable Income Reduce your taxable income and liability with credits, deductions and investment strategies available for individuals and small businesses.

Don't wait until tax season to understand your deductions. Now is the time to plan and save.

31 Small Business Tax Deductions Own a business and looking to reduce your tax burden? Here are 31 tax deductions small business owners can use to help offset their income.

Are you a small business owner? Take advantage of ERTC before it's too late.

Small Business Employee Retention Tax Credit Qualification - ERTC If your business was impacted by Covid-19, taking advantage of the ERTC - Employee Retention Tax Credit is not too late.

Happy Armed Services Day to all of those in uniform. We sleep better every night knowing you are serve for our safety and security.

S Corp or Sole Proprietorship - The answer is more important that you think.

Sole Proprietorship or S Corp: We Help You Decide Sole proprietorship or S corp - we help you decide how to corporate your business to maximize the tax benefits for your small business.

It's not easy being a mom! If it were, dads would do it.

Happy Mother's Day!

Did your side hustle stick you with a huge tax bill? Learn how to save more, pay less and avoid the IRS.

Independent Contractor Tax Liabilities As an independent contractor, you call the shots. Unlike a typical employee, you are on the hook for these self-employment tax liabilities.

Inflation hurts. Learn more about how to escape the pain.

Avoiding Inflation Income Tax Impacts Inflation impacts everything - the cost of goods, services, utilities and even taxes. The IRS has shifted this year's tax brackets to help.

Not sure if your HOA pays taxes? Learn more!

Homeowners Associations - FAQs for HOA Taxes & Form 1120 Homeowners Associations frequently question their tax liabilities, how to file and what their HOA needs for their Form 1120.

If you were recently laid off, there are a few factors to consider when it comes to how your taxes will be impacted. We're here to help you navigate this uncertain time.

Teachers,

Your dedication, patience and determination doesn't end in the classroom. Thank you for teaching the valuable lessons that help and inspire others throughout life.

We thank you!

Wondering how you can save money and maximize future deductions? Check out these financial calculators to see.

Financial Calculators Learn to make your money work for you with Tax Time CPAs Financial Calculators. If you are looking for financial advice, give us a call!