Depending on what kind of news you’re consuming these days or how much you’re paying attention, you might not have been noticing the inflation signals that are popping all over the place. This does have implications for Southern California taxpayers of all...
We’re almost there. Extended returns are due Friday, October 15th (for most – saving certain federally declared disaster areas). So, bear with us a little this week as we handle a bunch of last-minute things for the last-minute Southern California...
Last week I talked about smart ways to launch your financial life for young people.And you know what is kind of hilarious? I forgot to talk about TAXES for Southern California teens.Yes, yes I did.So, I’m fixing that today.Before I do: one more reminder that...
According to IRS calculations, the 2021 allowable living expenses for a typical family of four didn’t change a single dime from 2020 .It went from $1,740 per month to… $1,740 per month.The IRS clearly missed the memo regarding pandemic inflation from their colleagues...
I wish I had been smarter about money when I was younger.(You too?)Now, when I observe the power of compounding interest, and the kinds of possibilities available to those Southern California residents who have accumulated an asset base (however “small” it...
We’re nearing the end of “extension season” around here at Barnes Accountancy Corporation … and it’s been a doozy.With so many changes thrown at us, word on the tax professional street is there are going to be a lot of very tired and very...
