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.

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…

Taxes for Teens: What Southern California Parents Need to Teach Their First-Time Filers

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…

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…

David Barnes’ Nine Key Questions That Could Affect Your 2019 Tax Bill

Well, here we are into December, the final month of 2019 — and the final month of this DECADE. A lot sure has changed, for you, for me, and for the world. But before we wax too retrospective, let’s sit where we are for a bit. The December holidays are upon…

Post-Stimulus Taxes for 2020

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…

Southern California Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This

It feels to me that we’re all in need of some good news. I have some great news for the young (ish) and the old (ish), but before I get there, I’d like to encourage EVERY person who is reading this: Keep your head in the game. Yes — we can so easily…

The Looming IRS Debt Apocalypse Facing Southern California Taxpayers

It doesn’t take a genius to look around and predict that economic catastrophes are still coming. Yelp recently issued a report which revealed that as of August 31, there were 163,735 businesses who indicated on Yelp that they had closed — a 23% increase…

Infrastructure Act Tax Implications for Southern California Taxpayers

I don’t know about you, but I’m still over here digesting leftovers from last week’s festivities — as well as the passage of that trillion dollar infrastructure act in Washington (more on that in a minute). But as November turns into December, I realize…

David Barnes’ Tax Checklist for Southern California Taxpayers

Every year within the independent tax and accounting business community here in Southern California (and on various online channels), we have a little fun laughing at the newest TurboTax or Block commercials. Last year, it was “all people are tax people”….

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!