Tax Pro Plus
2999 Overland Ave.
Suite 204
Los Angeles, CA 90064
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Ph: (310) 827-4829
Fax: (310) 842-7160
info@taxproplus-la.com
- Video Tips: Avoid a Surprise Bill when Tax Season Comes
- This is a reminder for taxpayers to review their withholding and estimated tax payments in order to avoid a surprise tax bill come tax season.
- IRS Plans On Targeting Abusive ERTC Claims
- Have you seen those ads on television or received email solicitations promoting a large tax credit? The large tax credit they are referring to is the employee retention tax credit (ERTC). The ERTC is a government-sponsored program to keep workers employed during 2020 and 2021 because of the COVID pandemic by providing refundable tax credits to employers that kept their workers on payroll during the COVID crisis. Unlike most tax credits, this is a credit against the employer payroll taxes.
- IRS Unveils Retirement Plans Inflation Adjustments for 2023
- Are you ignoring your future retirement needs? That tends to happen when you are younger, retirement is far in the future, and you believe you have plenty of time to save for it. Some people ignore the issue until late in life and then have to scramble at the last minute to fund their retirement. Others may think that the Social Security benefits they’ll receive in retirement will be enough, but may have an expectation that their benefits will be higher than they’ll actually be and also fail to consider how the future viability of the Social Security program may impact their monthly payments.
- Video Tips: The IRS Is Sending Out Reminder Letters
- More than 9 million individuals and families who appear to qualify for a variety of key tax benefits but did not claim them by filing an income tax return are being contacted by the Internal Revenue Service. Watch our video to learn more.
- Inflation Reduces Income Tax
- As the country emerges from the COVID pandemic and supply chain issues, along with the fallout from the war in Ukraine, the country has been experiencing high inflation rates that negatively impact the cost of everyday living, including food, gas for your vehicle, utilities and more.
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