regalgroupcpa.com RSS Feed https://regalgroupcpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Mon, 01 Feb 2021 09:00:00 -0600 Mon, 01 Feb 2021 09:00:00 -0600 What's New for 2020 Tax Returns https://www.regalgroupcpa.com/newsletter.php#2 Taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns this year. Mon, 01 Feb 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#2 Taxable vs. Nontaxable Income https://www.regalgroupcpa.com/newsletter.php#5 Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick (and easy) answer is that all income is taxable unless the law specifically excludes it. Mon, 01 Feb 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#5 Tax Filing Season Starts February 12 https://www.regalgroupcpa.com/newsletter.php#1 The IRS begins accepting and processing 2020 tax year returns on Friday, February 12, 2021. Mon, 01 Feb 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#1 Social Security Benefits and Taxes: The Facts https://www.regalgroupcpa.com/newsletter.php#4 Generally, you pay federal income taxes on your Social Security income only if you have other substantial income in addition to your benefits. Mon, 01 Feb 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#4 Employer Tax Credit Extended for Payroll Workers https://www.regalgroupcpa.com/newsletter.php#3 Extended through June 30, 2020, the Employee Retention Credit helps businesses keep their employees on the payroll - despite the challenges posed by COVID-19. Mon, 01 Feb 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#3 The COVID-related Tax Relief Act of 2020 https://www.regalgroupcpa.com/newsletter.php#4 The Consolidated Appropriations Act, 2021, which was signed into law on December 27, 2020, contains a number of tax provisions - among them pandemic relief for businesses and individuals. Fri, 01 Jan 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#4 Important Tax Changes for Individuals and Businesses https://www.regalgroupcpa.com/newsletter.php#1 Each year brings changes to current tax law, and this year is no different. From tax rate schedules to health savings accounts and adoption credits, here's what you need to know. Fri, 01 Jan 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#1 Identity Protection PIN Available To All Taxpayers https://www.regalgroupcpa.com/newsletter.php#2 Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to include all taxpayers who can properly verify their identity. Fri, 01 Jan 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#2 Credit Reports: What You Should Know https://www.regalgroupcpa.com/newsletter.php#3 Periodically reviewing your credit report is an effective way to prevent credit card fraud and could alert you to signs of identity theft. Fri, 01 Jan 2021 09:00:00 -0600 https://www.regalgroupcpa.com/newsletter.php#3 Home Office Deduction https://www.regalgroupcpa.com/blog.php?id=7 Your tax preparer is trained to prepare your taxes in your best interest. This means that he/she will look for any and every deduction and credits you may qualify for under the IRS tax code. Thu, 18 Aug 2016 09:00:00 -0500 https://www.regalgroupcpa.com/blog.php?id=7 Amending Individual Tax Returns with the IRS https://www.regalgroupcpa.com/blog.php?id=6 There are many details that go into your return, so it is not uncommon to miss something in the process of filing a return. It is also possible that after you have filed your return, your employer or contractor will send you a correction on the total income you earned throughout the year. Wed, 27 Jul 2016 09:00:00 -0500 https://www.regalgroupcpa.com/blog.php?id=6 Payroll Topic - San Diego Minimum Wage Rises to $10.50 https://www.regalgroupcpa.com/blog.php?id=5 Beginning July 11th 2016 minimum wage in San Diego has been raised to $10.50 per hour. Wed, 13 Jul 2016 09:00:00 -0500 https://www.regalgroupcpa.com/blog.php?id=5 Tax Planning Topic - Marriage Tax Advantages https://www.regalgroupcpa.com/blog.php?id=3 It's wedding season! You have worked hard for so long to make your big day perfect. Your wedding day is worth every penny you spend, but it?s still nice to keep money in your pocket where you can, so let?s talk about the tax advantages you get from the IRS as a wedding gift when you file your tax return next year. Fri, 01 Jul 2016 09:00:00 -0500 https://www.regalgroupcpa.com/blog.php?id=3 Payroll Topic - California Overtime Law https://www.regalgroupcpa.com/blog.php?id=2 Have you ever worked from 8am to 5pm and ended up being confused about why you did not receive an hour of overtime on your paycheck? Mon, 27 Jun 2016 09:00:00 -0500 https://www.regalgroupcpa.com/blog.php?id=2 Payroll Topic-California Sick Leave Law https://www.regalgroupcpa.com/blog.php?id=1 The Sick Leave law has been in effect since July 1, 2015, but many small business owners, who run payroll, still have many questions relating to this law. Tue, 14 Jun 2016 09:00:00 -0500 https://www.regalgroupcpa.com/blog.php?id=1