For the first time, all taxpayers must include information about their health care coverage to the IRS on their 2014 Form 1040. Another year, another tax form or two. 2014 was the first tax year that the Individual Shared Responsibility Provision (SRP) of the Affordable Care Act (ACA) went into effect. That means all taxpayers […]
Archives for January 2015
Finding an Small Business Accountant in Orange County
When it becomes time to locate an accountant for your business, here are some tips to factor into your decision process. Accounting firms work with many small businesses and are trained to keep an eye on major costs and share best practices with you, which can save you time and money. Even if your business […]
Common Mistakes on Orange County Rental Properties
Owning rental properties is a common way to increase your net worth in the long run as well as generate some passive income in the short run. If you are new to the landlord business though, you may fall prey to some common rental property income mistakes when you file your tax return. Of course, […]