Amending my Return

If additional tax forms have trickled in the mail after the April 18th deadline, you may need to consider amending ...
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Taxes Accounting Bookkeeping Irvine 92618

Home Office Expenses – are they deductible?

If you have yet to graduate to an executive office space with a fully stocked break room and view of ...
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Tax Tips for the Self-Employed

When you begin earning income by carrying on your own business, there is much to learn. Sole proprietors and independent ...
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When is a 1099 Form Necessary?

There are two general rules of thumb to keep in mind when getting ready to issue a 1099: They are ...
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Identity Theft and Tax Fraud

As our favorite time of the year, tax season, creeps up on us once again, it's more important than ever to ...
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Tax Benefits of a 401(k)

Planning for retirement – It’s a must! 401(k) plans are the best way to go about doing this, because they ...
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Wrongful Incarceration – how it affects taxes!

Per the Protecting Americans from Tax Hikes Act of 2015 (PATH), if an individual was ever wrongfully incarcerated, they are ...
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Sales Tax Audit

At first you see a letter from the state department of revenue, and you wonder “Why my company? Why now?” ...
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Raiders Relocation Could Cause Tax Increase

The Oakland Raiders want a new stadium and have their eyes on Las Vegas, but how will the money be ...
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Tax Season is Approaching – Do Your Financials Need Some Clean Up?

And just like that, eighty-five percent of the year has already come and gone! Here at Semaphore, we hope your ...
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The Candy Tax – Fun Facts!

With Halloween approaching soon, many of us are starting to stock up on all the good stuff…candy! However, did you ...
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Let Uncle Sam Help with Your Moving Expenses

Did you recently relocate due to a new job or transfer with your present employer? If so, it is very ...
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Starting a Business – Which Entity is Right for You?

If the time has come to pursue your entrepreneurial ambitions, you should also be considering the various forms of business ...
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SUMMER SURGE IN PHONE SCAM CALLS!

Con Artists requesting for fake tax payments began many years back, but these bogus calls are on the rise as ...
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Reasonable Wages – Are you really being reasonable?

The motivation to pay very little wages to shareholder employees can be quite high for S Corporations. This is because ...
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Estimated Tax Payments – Do You Need to Make Them?

Although April 18th has come and gone, that doesn’t mean the IRS has gone away for an entire year. As ...
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What to Know About Changing Your Business Address

Are you planning on moving and changing your business address? It’s not as easy as just having your mail forwarded!  ...
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Reporting Income Paid Through PayPal

For most independent contractors and small business owners, PayPal is typically the money exchanging mode of choice. Let’s face it; ...
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Workers’ Compensation – Are you covered?

It’s already the end of the first quarter of 2016 – we know it’s hard to believe. If you own ...
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You’ve filed your taxes – how do you pay your bill?

The government is eager to collect your tax bill, so they have offered a number of ways for you to ...
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Mileage Tracking Apps: Which is Worth the Download?

Are you still keeping a running spreadsheet to record business mileage on your car? Stop – there’s an app for ...
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The IRS Can Audit You Back Farther Thank You Think

While we never anticipate it will happen to us, there is always that lingering possibility that you might get audited ...
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Scanning Apps: Which is worth the download?

If you’re a business owner or just a financially mindful individual, keeping records of your transactions is essential. It’s also ...
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Get Your Finances in Shape for 2016

With the arrival of the New Year comes an influx of resolutions, many of which will soon be forgotten. New ...
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Tax Penalties: The Reality of Filing Late vs. Paying Late

Uncertainty, fear and confusion are only some of the familiar feelings that flood our thoughts during the inevitable tax season ...
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Social Engineering: What Attacks Look Like

Twenty minutes is all it took for Shane MacDougall to exploit a Walmart manager into giving him highly sensitive information ...
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Tax Fraud: How is the IRS Protecting you this Tax Season?

With the familiar scent of the rapidly approaching tax season in the air, the issue of security and tax fraud ...
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One Billion Dollar El Nino Damage Possible Says Orange County CPA

As the first days of fall have quickly come and gone we patiently wait for things to cool down as ...
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Irvine Accounting Firm Explores Job Growth in Orange County

As we enter into the dog days of summer and the temperatures are heating up, so does the housing market ...
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Irvine Accountant Looks at Economic Impacts from the Orange County Fair

Residents of Orange County know summertime means longer days and warmer nights at the O.C. Fair. Every summer Orange County ...
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Revised Publications: 3 out of 5 People Still Need to File

With almost 59 million tax returns filed so far, the IRS estimates that three out of five taxpayers have yet ...
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#TaxTipTues: Where’s My Refund?

After you answer the most important question: "How much will I get on my refund?", wondering "Where is my refund?" ...
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Things to Know about IRS Notices and Letters

Things to Know about IRS Notices and Letters Each year, the IRS sends millions of notices and letters to taxpayers ...
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Write Down These Important Tax Deadlines For 2015

Hi! Semaphore here with the first installment of #TaxTipTuesday. This week, we’re going over some very important tax dates to ...
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5 EASY WAYS TO SPOT SCAM “IRS” CALLS

Scammers are targeting people just like you, yes, even Tubers, every year in a decades-old scam involving, or rather, claiming ...
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