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Core CPAs & Advisors

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Core CPAs & Advisors

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Core CPAs & Advisors, Accountant, 17875 Von Karman Avenue, Suite 150, Irvine, CA.

Based in Irvine, California, CoreCPAs & Advisors is a premier CPA firm dedicated to driving the financial success, growth, and wealth preservation of business owners and individuals across Orange County and the wider California area

09/01/2026

💡 Why Filing Early Is Your Best Financial Strategy

Filing your taxes well before the deadline isn't just about ticking a box, it's about protecting your cash flow and making smarter business decisions.

Here is why filing early works in your favor:

Direct Cost Savings: Stop interest from accumulating and avoid the costly 5% failure-to-file monthly penalty.

Year-End Strategic Planning: Gain a clear financial baseline early, giving you enough time to execute proactive tax-saving strategies.

Financial Peace of Mind: Reduce documentation errors caused by last-minute rushing, minimizing your risk of IRS notices or audits.

Don't wait until the September 15 or October 15 extension deadlines. File early, save money, and eliminate the stress.

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/30/2026

🚨 Avoid IRS Penalties: Key September & October Tax Deadlines

Ignoring tax deadlines gets expensive quickly. Late filing or late payment doesn't just result in standard fees, it triggers stacking IRS penalties and interest month after month.

Key Penalties to Keep in Mind:

Failure-to-File Penalty: 5% per month of unpaid tax (up to a 25% maximum).

Failure-to-Pay Penalty: 0.5% per month on the outstanding balance.

Daily Compounded Interest: The IRS charges interest on both unpaid taxes and accrued penalties.

🗓️ Key Extension Deadlines:

September 15: Pass-through entities Partnerships (Form 1065) and S-Corporations (Form 1120-S).

October 15: Individual tax returns (Form 1040) and C-Corporations (Form 1120).

Don't let interest and penalties compound.

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/28/2026

Thinking about buying laptops, machinery, or heavy equipment before December 31st to lower your tax bill?

Don't fall into The Year-End Purchase Trap!

Under Section 179 rules, you can immediately write off up to $2.5 million in qualifying business equipment but simply buying it or paying the invoice before year-end isn't enough.

The IRS strictly enforces the "Placed in Service" rule. This means the asset must be delivered, set up, tested, and actually ready for business use before midnight on December 31st

If supply chain or shipping delays push delivery into January, you lose that write-off for this tax year and have to wait another full year to claim it.

Swipe through to see what qualifies (and what doesn't!) ➡️

Reach out to our team so we can help you time your purchases strategically!

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/26/2026

"The IRS doesn't need to send you a 1099-K to know your business made money." 🛑
There is a dangerous myth in business tax compliance: “If I didn’t receive a 1099, I don’t need to report the income.”
Here is how the 1099 rules actually work—and what you need to align in your business:
1. What You RECEIVE (1099-K & Income Reporting)
Third-party platforms (Venmo, PayPal, Stripe) generally issue a Form 1099-K when payments exceed $20,000 AND 200 transactions.
⚠️ The Trap: That threshold applies to the platform's duty to report—not yours.
The Golden Rule: Every dollar of business income is taxable, regardless of whether a 1099 form lands in your inbox.
2. What You ISSUE (1099-NEC Updates)
On the flip side, when you pay independent contractors, you are the one required to report.
💡 The Good News: The reporting threshold for Form 1099-NEC has increased from $600 to $2,000. This significantly cuts down administrative paperwork for small vendor payments!
3. The Solution: Golden Rule Alignment
Your accounting software, bank deposits, and tax returns must tell the exact same story. When these numbers don't match, it triggers red flags for audits.
Proactive Steps for Business Owners:
Reconcile payment processors regularly (don't wait until year-end).
Keep track of all gross deposits, non-1099 income, and contractor payouts.
Need Help Getting Your Financials Audit-Ready?
Let CoreCPAs help you streamline your accounting, stay compliant, and avoid costly tax surprises.
📞 Call us: 949 333 0161
🌐 Learn more: www.corecpas.com.mx
🔁 Found this breakdown helpful? Share it with a business owner who needs to review their 1099 compliance today!

08/24/2026

Are you leaving a 20% tax deduction on the table this year? 📉

The Qualified Business Income (QBI) deduction under IRC §199A can save business owners thousands, but it’s not automatic. Factors like your entity structure, W-2 wages, income thresholds, and equipment basis directly impact how much you can write off.

A tax return only reports what already happened. Real tax strategy happens before December 31st!

Check off these 5 key areas today to make sure your business is optimized for maximum savings:

1️⃣ Income Limits ($201,750 Single / $403,500 Joint phase-outs)

2️⃣ Business Type (SSTB vs. Non-SSTB rules) 3️⃣ W-2 Wages Paid

4️⃣ Qualified Property Basis

5️⃣ Reasonable Compensation Ratios

Don't wait until tax season to find out what you could have saved. Let's optimize your structure today!

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/20/2026

Don’t let good intentions lead to bad tax surprises. Before you make your next donation, follow the Donation Safety Traffic Light:

🟢 GO: Donate with Confidence

Verify exempt organization status on IRS.gov/TEOS.

Use secure credit or debit card payments to establish a clear paper trail for tax season.

🟡 CAUTION: Proceed with Care

Research brand-new post-disaster charities thoroughly before giving.

Remember: Personal crowdfunding pages (like GoFundMe) are not tax-deductible.

🔴 STOP: Potential Scam Alert

Hang up or delete unsolicited calls and emails asking for money.

Beware of high-pressure tactics demanding immediate payments or gift cards.

Let our team at CORE CPAs & Advisors optimize your tax strategy while keeping your charitable giving safe!

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/17/2026

Is your donation safe? Check the green flags vs. red flags

Giving back should give you peace of mind, not tax headaches or scam alerts. Keep these quick rules in mind before donating:

✅ GREEN FLAGS:

Verified tax-exempt status on IRS.gov

Detailed receipts provided for your records

Clear mission & proven impact

Secure payment channels

❌ RED FLAGS:

Aggressive, high-pressure demands

Suspicious payment methods

Fake charity names

Complete lack of transparency

Make sure your generosity delivers maximum impact on your community and your tax return. Reach out to CORE CPAs & Advisors for expert strategic planning!

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/13/2026

Donating to good causes is great, but making sure those donations work for you on your tax return requires the right strategy.

Before you file this year, keep these key IRS rules in mind:

New Standard Deduction Limits: You can claim up to $1,000 in cash donations ($2,000 for married couples filing jointly) without needing to itemize.

Verify Qualified Charities: Use the official IRS tool to check eligibility before donating personal crowdfunding pages like GoFundMe do not qualify for tax deductions.

The $250 Written Rule: For larger gifts of $250 or more, make sure you obtain a formal written acknowledgment from the charity.

Maintain a Clear Paper Trail: Save every bank statement, receipt, or canceled check for all cash contributions. Proof is essential to lock in your tax savings.

Let our team at CORE CPAs & Advisors handle the strategy so you can maximize your deductions with confidence!

📞 Call us today at 949-333-0161
🌐 Visit CoreCPAs & Advisors
📅 Or schedule your appointment directly with our team.

08/10/2026

The best part? You don't have to navigate these new tax rules alone. With major IRS updates kicking in for 2026, including new deduction rules for both itemizers and non-itemizers, keeping your business and personal finances organized is key.

Working with CORE CPAs & Advisors makes the process simple:

✅ We align your charitable giving with year-round tax planning to maximize your write-offs

✅ Your bookkeeping and financial records stay 100% compliant and up to date

✅ You gain complete control over your cash flow and total peace of mind.

📞 Call us today at 949-333-0161

🌐 Visit CoreCPAs & Advisors

📅 Or schedule your appointment directly with our team.

08/07/2026

Not sure if you qualify for Automatic Penalty Relief?

Your IRS compliance history may determine whether you're eligible for penalty relief. The good news? You don't have to figure it out alone.

Our tax professionals can review your situation and help you understand your options.

📞 Call us today at 949-333-0161
🌐 Visit CoreCPAs & Advisors
📅 Or schedule your appointment directly with our team.

Have questions? Leave a comment or send us a DM we're here to help.

Address

17875 Von Karman Avenue, Suite 150
Irvine, CA
92618

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Website

https://corecpas.com/

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