With a third round of “stimmy” (as the kids say) hitting bank accounts for the past week, 90MM+ Americans (including some of us in Southern California) are once again flush with cash. It remains to be seen what this will do for the economy, but combined...
Events are happening fast in tax world, and we are VERY busy here at Barnes Accountancy Corporation. But this is a good thing — we’ve been preparing for this season all year, and we love to serve.We knew that there would be unexpected curve balls this...
The “American Rescue Plan” has been finalized. And there are things about the new stimulus update our Southern California clients should know.While I normally write weekly, there is information in this strategy note that you need to know about now that...
Recently, I saw some data on the US Census Bureau website that was both encouraging and troubling at the same time. I would imagine Southern California business owners who might face tax problems would be interested in seeing this:(Here is the page from which this is...
Despite what you might think, being a tax accountant is NEVER boring.We have all kinds of fun amusements that keep us going.We play little games like: “Guess The New Tax Law That Will Change Returns That Have Already Been Filed” — catchy title, I...
I mentioned last week the key provisions of the “American Rescue Plan,” while it was just proposed legislation.Now that the House has passed it, there is more meat on those bones. I’ll run it all down for you once it’s been signed by the...
