California Corporation FranchiseTax Due April 17th 2012

California Corporation FranchiseTax Due April 17th 2012

Attention California Corporation Owners Do you have a california corporation with no sales or no income ?  Did you set up your corporation in the last quater of 2011 and…

LLC Formation | Limited Liability Corporation Set Up| San Francisco Bay Area

LLC Formation | Limited Liability Corporation Set Up| San Francisco Bay Area

LLC Formation | Limited Liability Corporaition San Francisco Bay Area We help  setting up LLC (Limited Liability Company) in San Jose, Sunnyvale, Fremont, Santa Clara, Cupertino and enire san Francisco…

S-Corp and Tax Benefits: Guide for New Businesses

S-Corp and Tax Benefits: Guide for New Businesses

Sanjiv Gupta CPA explains the benefits of using S-Corp. Rules of taking advantage of certain deductions and credits are bit different. Watch this brief video to get basic idea or…

What You Must Know About 2012 Tax Challenges

What You Must Know About 2012 Tax Challenges

What You Must Know About 2012 Tax Challenges 2012 presidential election summons the close of all tax benefits introduced by George Bush. This would usher in an unavoidable clash because…

3 Important New California Tax Issues

3 Important New California Tax Issues

Franchise Tax Board will delay the notices for April payments:  With big deficit comes the decline in level of service you should expect from government.  The Franchise Tax Board has…

How To Your Reduce AGI By $49,500

How To Your Reduce AGI By $49,500

Tax differed Retirement saving plans are huge tax shelter for individuals and small business owners.  You may find it quite obvious nonetheless it is often overlooked.  If you are looking…

U.S. Corporate Tax Rate: No. 1 in The World

U.S. Corporate Tax Rate: No. 1 in The World

In a recent announcement, Japan reduced its corporate tax rate making the United States corporate tax rate the highest in the world. Currently Japan has the highest tax rate in…

How To Deduct Commuting Cost ?

How To Deduct Commuting Cost ?

Have you thought about deducting your commuting expense?  Most of us living in Bay Area drive a long distance to get to work and would love deduct our growing commuting…

Record keeping for Small Business Owners – Podcast

Record keeping for Small Business Owners – Podcast

Tax time is coming closer and many of you are still trying your best to find all the missing documents to file you taxes.   So, I thought this podcast…

Basics of Alternative Minimum Tax Explained

Basics of Alternative Minimum Tax Explained

What is Alternative Minimum Tax? The underlying purpose of alternative minimum tax is to provide protection to individuals who have higher earnings in situations where they might pay little or…