What are Estimated Tax Payments and Why Do I Have to Pay Them?
One of the most disliked parts of the US taxation system is the need to pay Estimated Taxes — it is often a large check... Read More →
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Cromwell Tax & Bookkeeping : Income Tax Preparation – Bookkeeping – Payroll – Fiduciary Accounting and other Accounting Services in Santa Rosa and throughout Sonoma County for over 30 years.
Franchise Tax Board delayed in processing June 2019 payments
July 12, 2019 Franchise Tax Board Late Arrival of Some June Payments Due to a significant delay at the Post Office, some June payments arrived... Read More →
Tips and Tricks to becoming a “saver”
In our tax practice we are constantly talking about saving. Saving for college (529 plan), saving for retirement (IRA), saving to pay for medical expenses... Read More →
Despite a smaller refund, you may be a winner of the new tax law
Did your refund go down this year? If yes, you may think that you are paying more in taxes, but your refund is not the right... Read More →
IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018
IR-2019-03, January 16, 2019 WASHINGTON — The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal... Read More →
How do tax brackets really work?
Clients often tell me that they don’t want to make more money because they don’t want to go into the next tax bracket. They are... Read More →
Administrative Dissolution for California LLC’s and Corporations is Here!
Beginning January 1, 2019, eligible California domestic corporations and domestic Limited Liability Companies (LLCs) that have ceased doing business and have no assets may be... Read More →
Franchise Tax Board to Remind Entities What Estimates They Paid
Beginning early 2019, the California Franchise Tax Board will be providing business entities, including corporations, LLC’s, and exempt organizations with a summary of their 2018... Read More →