USTaxAid Services

I’m starting to see a rash of mail come through my office from a company called Business Filings Division. My California clients look to be targeted right now, although I’m sure other states will be soon. If you’ve received one, don’t be fooled. It’s not real and you don’t have to do anything. read more...

My husband Richard and son David are both born negotiators. It’s like a game with them and why I never buy a car by myself or real estate without consulting one of them. In today’s economy, though, there is a lot more that you can negotiate. I’m going a little off topic from the regular ...

How much is your business worth? The answer of course is “It depends.” In this case, it depends on who is asking. For example, if the IRS is asking how much your business is worth, they’re doing it most likely because they are valuing the business for estate tax purposes. You might also have a ...

This past Saturday (7/25/09), we had “Opportunities & Pitfalls in 2009 Tax Law Changes.” It seems strange to have a summary of tax law changes mid-year. But, that’s how many changes there have been! The other thing that was strange is that I was only able to hit the items on the surface and still ...

If you’ve got a Nevada-incorporated corporation, LLC or limited partnership, you’ll be paying an extra $100 (or possibly $200) for your yearly business license fee. The Legislature approved a temporary (!!) increase of $100/year for this year and next year. That will bring your NV Business License Registration fee to $200/year, starting on July 1, ...

Please join me Sat, July 25th for a FREE! Teleseminar “Opportunities and Pitfalls in 2009 Tax Law Changes.” It’s at 9 am Pacific, 10 am Mountain, 11 Central and Noon Eastern. Get registered at DianesSeminars. There are three main tax topics that we’re watching at USTaxAid and my tax practice: ( 1 ) Income tax ...

Take a minute and imagine this. You have a small, local store, stocked with merchandise. In this case, it’s a health food store/metaphysical book store. (Okay, maybe a bit of a stretch, but stay with me.) You have a bookkeeper who takes care of paying your bills, doing the payroll for you and your spouse ...

This past week I got a question at the First Class Lounge Forum from a lady who lived in FL and worked as an Independent Contractor part time for a CA business and full-time for a business in FL. She was surprised to get a notice from CA claiming she owed taxes. I gave her ...

Received from Aaron VanTrojen, Geneva Mortgage Founder & a very experienced mortgage broker: In its entirety, this bill has the potential to devastate the mortgage lending industry and cost the home owner lending options and added fees. Contact your Senators and demand that they vote NO to H.R. 1728. A quick review: The bill is ...

The more time you have to plan for your income, the less taxes you’ll pay. No planning and no time = more taxes. To pay less tax in 2009, there are three things you must do RIGHT NOW: ( 1) Look at your business structure. If you have a Single Member LLC for your business ...