Categories for Tax Tips

I’m a New Investor—How Does That Affect My Taxes?

February 19, 2020

Starting out in the stock market can be scary. Most people aren’t born or raised with an intimate knowledge of investing—only a vague notion that it’s a smart idea. When tax time rolls around, it can be even more intimidating. How do you know whether you’ll need to pay taxes,... View Article

The Estimated Tax Deadline for Self-Employed Individuals

February 5, 2020

When you’re new to self-employment and freelancing, you get to be your own boss—but that comes at the cost of filing quarterly tax returns. Since you’re not having taxes withheld from your paycheck (usually), the IRS doesn’t want to wait a whole year to get the money. Instead, you’ll pay... View Article

Tips for Small Businesses During Tax Season

January 31, 2020

As a business owner, you should constantly have your taxes in the back of your mind, even when tax season feels like it’s a long way off. You should consider the tax implications of any move you make with your business, and take the proper steps to get ahead with... View Article

Common Tax Deductions and Write-Offs

December 20, 2019

Every taxpaying citizen in the United States has heard of a tax write-off or tax deduction. It’s a word bandied about in movies and the press when discussing how the wealthy protect their income. The infamous story that billionaire Warren Buffett pays a lower tax rate than his secretary, thanks... View Article

Tax Tips for the End of the Year

December 6, 2019

As 2019 draws to a close, now is the perfect time to start organizing your finances and thinking about Tax Day 2020. You don’t have to wait for the calendar to roll over to start taking steps to ensure your financial security. It’s not merely a matter of W-2’s and... View Article

Menjivar & Company CPAs, Inc.