For Individuals

College Financial Planning

How Can You Pay for Your Kid to go to College, Spend and Save as You Are Now, and Increase the Amount of Money You have for Retirement?

Elder Care Financial Care

Finally… Worry Free Financial Management for Your Aging Parent or Family Member.

Estate Planning Done Right

Make Sure Your Family Transitions Prepare Your Children and Your Family for Financial Freedom.

Retirement Money and Five Financial Mistakes To Avoid by David Barnes

This is the time of year when we are normally opening up to file returns on behalf of Southern California clients, and taking a breath of “calm before the storm”. Not this year though. Not only is actual tax filing delayed until February 12, but Congress made their…

Helping Southern California Residents Understand the Purpose of Life Insurance

As the old joke goes, the only two guarantees in life are death and taxes. In these updates, I obviously spend a lot of time talking about taxes. And these past 12 months, no matter how things have landed for those of you in or near Southern California … the…

Barnes Accountancy Corporation on the New $600 Reporting Requirement for Digital Payment Apps

To be fair, the new $600 reporting requirement for digital payment apps isn’t a Venmo thing … it’s an IRS thing. (Personally, I’m still amazed by how people share their transactions so publicly on these kinds of platforms. But that’s a…

Controlling Your Tax And Financial Strategy In The Midst Of Chaos By David Barnes

Still no guidance from the IRS about the payroll tax “holiday” (deferral), so it’s extremely unlikely that your Southern California employer will be ready — simply because the major payroll companies (Paychex, ADP, Gusto, and many others)…

Nine Crucial Questions To Prepare Southern California Taxpayers For Their 2020 Taxes

First some important reminders for all Southern California taxpayers, then I have a bunch of questions to which I’d like you to respond… Depending on when you read this, the October 15th tax return extension deadline (for families and individuals) is…

Barnes Accountancy Corporation’s Guide to Estate Planning for Digital Assets

Technology has certainly shifted our society over the last 15 to 20 years — you can see it right here in the Southern California area. So much so, that it’s time we discuss estate planning with a technological twist. Before we get there though, may I offer…

Barnes Accountancy Corporation’s thoughts on Healthy Skepticism in light of the 2020 Election

Believe it or not, we’re very busy around here. While the nation’s eyes are fixated on political things, we’re spending our days working hard on behalf of our clients right here in Southern California (and beyond, of course), talking through…

Truth and Fiction About the Trump Payroll Tax Cuts For Southern California Taxpayers

Right now we’re living through an age in which media trust has been thoroughly decimated. “Expert” authority itself is being questioned (in many cases, rightly), and misinformation is rampant. That’s perhaps one of the reasons I’ve…

A Strategy For Southern California Taxpayers With A Higher Than Expected Tax Bill

Taking a look around the world these days, and where things seem to be headed… But our heads are high here at Barnes Accountancy Corporation because we worked our tails off for our Southern California clients this year. We helped a bunch of people save a ton on…

2019 Tax Planning and Almost Completely True Facts About David Barnes

Yes, here I am again — and yes, I know the W-2’s haven’t arrived, and you might not have begun to really think about little ol’ David Barnes and your taxes yet. But today I want to offer you some reasons why … well, you should. In fact,…

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!