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
- Entrepreneur Success Stories: Zapier
- Software company Zapier has grown to a valuation of over $5 billion in just 10 years. The founders persisted through challenging times and took very little venture capital funding as they grew. Here’s their success story.
- Don't Overlook Foreign Account Reporting Requirements
- Some of the largest penalties for failing to file a report with the Government are associated with reporting dealings with foreign financial institutions. U.S. citizens and residents with a financial interest in or signature or other authority over any foreign financial account need to report that relationship by filing FinCEN Form 114 if the aggregate value of the accounts exceeds $10,000 at any time during the year. Although the official designation of the report is FinCEN 114, it is commonly referred to as the FBAR (foreign bank account report).
- SBA Raises Loan Limit For COVID-19 EIDL Loans to $500,000
- The SBA is expanding loan opportunities for nonprofits and small businesses struggling during COVID-19, allowing loans of up to $500,000 under the EIDL program.
- Video: Tax Filing Deadline is Rapidly Approaching
- The deadline to file the 2020 federal tax return has been moved to May 17, but time is running out. Call us to schedule an appointment as soon as possible.
- Tax Filing Deadlines Are Rapidly Approaching
- Just a reminder to those who have not yet filed their 2020 federal tax return that thanks to the IRS extending the filing due date, May 17, 2021, is the due date to either file your return and pay any taxes owed, or file for the automatic extension and pay the tax you estimate to be due for 2020.
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