Still Working After Age 70½? You May Not Have to Begin 401(k) Withdrawals
If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from the plan no later than April 1 of the year after which you turn age [...]
How to Get Tax Credit for Your Home’s Green Energy Upgrades
 If you have questions about Green Energy and tax breaks, please contact your Linkenheimer CPA.
2019 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines [...]
An Implementation Plan is Key to Making Strategic Goals a Reality
In the broadest sense, strategic planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably say the first part, coming up with objectives, is relatively easy. It’s that second part [...]
The IRS Releases its “Dirty Dozen” List of Top Tax Scams
The Internal Revenue Service wrapped up issuing its annual "Dirty Dozen" list of tax scams. We want to remind taxpayers to remain vigilant to these often aggressive and evolving schemes throughout the year. This year's “Dirty [...]
Are you a California Employer Who Must File State Copies of W2s and 1099s?
Are you a California employer who must file state copies of W2s and 1099s? Returns that are paper-filed with the IRS will be forwarded to the CA Franchise Tax Board (FTB), so there’s no need [...]
Stretch Your College Student’s Spending Money with the Dependent Tax Credit
If you’re the parent of a child who is age 17 to 23, and you pay all (or most) of his or her expenses, you may be surprised to learn you’re not eligible for the [...]
Could Your Business Benefit from the Tax Credit for Family and Medical Leave?
The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and medical leave to their employees. It’s subject to numerous rules and restrictions and the credit [...]
California Grants Disaster Relief to Certain Employers
California grants disaster relief to certain employers. The CA Employment Development Dept. is giving affected employers extra time to file state payroll reports and to deposit state payroll taxes without penalty or interest. This applies [...]
The 2018 Gift Tax Return Deadline is Almost Here
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2018 gift tax return — or whether filing one [...]