by C7DTeam | Jul 12, 2021 | Business, Taxes
Overview: 7 Common misconceptions about accounting that might be stopping you from getting the appropriate financial guidance you need. Like most professions, there are assumptions and misconceptions about a career in accountancy. This includes what type of people...
by C7DTeam | Jun 14, 2021 | Business
Summary: Evolving technology; knowledge beyond accounting; demand in accountants. It’s about time we talk about the future of accounting even if this conversation might not have been long awaited. No one’s tip-toeing around the topic because no one really...
by C7DTeam | May 17, 2021 | Taxes
Summary: Important tax dates; postponement only applies to individual taxpayers; be sure you’re paying only what you should in income taxes As people still try to figure out last year’s global public health emergency and its impacts, we’re addressing...
by C7DTeam | Apr 14, 2021 | Firm Updates
2020 Balance Due for Individual Taxpayers How to Pay the IRS and California (FTB) Online IRS The amount due is May 17th, even if you file an extension. Go to: https://www.irs.gov/payments Click on Bank Account (Direct Pay) —you can pay with a credit card/debit...
by C7DTeam | Mar 25, 2021 | Taxes
Before the tax season ends , learn about cryptocurrency and if it affects your 2021 tax refund TL;DR: The IRS treats cryptocurrency as property. It’s helpful to remember tax rules that also apply on stocks. If value goes up and the owner sells at a profit, they’ll...
by C7DTeam | Mar 25, 2021 | COVID-19, Firm Updates, Tax Services
Please take a moment to read through the list below. Do any of those changes impact your situation either for 2020 or 2021? Maybe you are not sure? Did you already file for 2020 and may or may not have taken advantage of those changes, especially bullet points 2...