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.

Making Children Less Costly For Southern California Families With Kids Through The Child Tax Credit

To be clear, children are costly in the best way possible. Once the dust settles from changing diapers, sweeping floors, slapping bandaids on booboos, driving to sports practice, attending back-to-school meetings, saving for college, and buying countless goldfish…

Key Healthcare Changes From ARPA For Southern California Taxpayers

Last week marked the one year anniversary of the CARES Act (stimulus round 1). This was such a monstrous piece of legislation, it’s still being unraveled. It made “Obamacare” (ACA) and the “Trump Tax Cuts” (TCJA) seem like junior league tweaks….

The Latest Advance Child Tax Credit Payment Info for Southern California Parents

I normally don’t send these special bulletins, but I wanted to get this to Southern California parents ASAP. You probably heard on the news that the IRS is sending out “advance payments” of $250 – $300 per month for children. The first advance…

The Difficulty (and the Power) of Thanksgiving

Perhaps it’s because of the craziness of the past year and a half, maybe it’s the local Southern California the weather … but for some reason, the holiday season has caught us off guard over here at Barnes Accountancy Corporation. Wasn’t it just the end of…

Buying a House in Southern California During this Housing Shortage

Buying a house in Southern California right now is painful. Very painful. Inventory is at a historic low, and prices are skyrocketing. I have some thoughts — and while this is admittedly not within my direct “wheelhouse” … I think it will help…

Do Not Procrastinate Tax Filling In 2020 by David Barnes

Have you met with us yet? The Super Bowl and the Oscars are over. The IRS has been accepting electronically filed returns for a couple weeks now. Which means, well … it’s about to get real. We are getting busy around here at Team Barnes Accountancy…

Stimulus Checks and Unemployment Assistance For Southern California Taxpayers

These are the days when the internet is not necessarily your friend. Let’s leave aside the very true fact that so many of the new, online substitutes for the “real thing” are a pale imitation of what we used to have, and that with more and more time…

Back Taxes, The Stimulus Checks and the EIDL For Southern California Taxpayers

The short answer is: not really. There are some caveats. Before I get into all of that, though, a word… This pandemic represents an opportunity for you. Whatever it is that caused your initial problems with the IRS and other taxation authorities … our…

Is Your State Broke? David Barnes Analyzes State Tax Revenue Sources

With national events continuing as they are, here at Barnes Accountancy Corporation, we’re finding ourselves locking into “go mode” … again. It’s unusual for us to be in this mode smack in the middle of June, but this year has not been…

Paying Off Debt by David Barnes

Last month, I talked about [ENGBLOG]some potential moves Southern California taxpayers could make by the end of the year. I wanted to remind you of those possibilities before I get to what else I want to talk with you about… (paying off debt) Those were: Look…

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!