McCarthy Kaster Guerrero CPA's

McCarthy Kaster Guerrero CPA's McCarthy Kaster Guerrero is licensed in NV and specializes in accounting services for business owners, executives, and independent professionals.

Se habla Español! Las Vegas accounting firm specializing in small business accounting, audit and tax preparation. Personal attention gives clients exactly what they need. Individuals and estates also served.

One of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax annual exclusion...
09/28/2026

One of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax annual exclusion. For 2026, you can transfer up to $19,000 per recipient gift-tax-free. And you can double the exclusion to $38,000 per recipient if you split the gifts with your spouse. But it’s critical to understand the rules of gift-splitting to avoid unintended tax consequences. To elect to split gifts, the spouse making the gift must file a gift tax return, and the other spouse must consent by checking a box on the return and signing it. Contact us at (702) 898-9000 for additional details.

If you work remotely and split your time between two states during the year, it can create state tax issues. A state wit...
09/24/2026

If you work remotely and split your time between two states during the year, it can create state tax issues. A state with an income tax generally can tax all income of its residents and income earned within its borders by nonresidents. Residency rules vary but may consider your domicile, days spent in the state and whether you maintain a home is there. Your domicile is generally your true, fixed, permanent home — the place you intend to return to. Some states may treat you as a resident for income tax purposes if you maintain a home and spend a specified number of days there. Contact us at (702) 898-9000 to review your situation and help determine whether you may have tax obligations in more than one state.

Tax law changes have created new planning opportunities for 2026. A review of your expected income and expenses for the ...
09/23/2026

Tax law changes have created new planning opportunities for 2026. A review of your expected income and expenses for the year, along with any significant life changes, may uncover strategies to reduce your taxes. Start the conversation before year-end for more time to take tax-saving steps. And if you extended your 2025 return, we can help you file before the Oct. 15 deadline. Call us at (702) 898-9000 to schedule an appointment.

Robust sales don’t always translate into strong profits. A popular product could produce disappointing returns when you ...
09/22/2026

Robust sales don’t always translate into strong profits. A popular product could produce disappointing returns when you account for discounts, shipping, returns and support costs. At the same time, a lower-volume product could quietly generate an attractive profit margin. Product-level analysis can show where you’re generating the most profit. No single measurement will provide all the answers, but gross margin and contribution margin are critical. You should also evaluate product profitability by sales channel and customer segment. Call us at (702) 898-9000 for help developing a practical approach to turning product data into profitable decisions.

IRS penalties can add up quickly. Fortunately, some taxpayers may qualify for penalty relief. There are three main types...
09/21/2026

IRS penalties can add up quickly. Fortunately, some taxpayers may qualify for penalty relief. There are three main types of relief: 1) first-time penalty abatement for taxpayers with a strong compliance history, 2) reasonable cause relief for situations such as serious illness or natural disasters, and 3) statutory exceptions. These exceptions generally apply to penalties resulting from erroneous written IRS advice or to taxpayers affected by certain federally declared disasters or involved in military combat-zone operations. If the IRS has assessed a penalty on your account, contact us at (702) 898-9000. We can help determine whether you qualify for penalty relief.

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from re...
09/17/2026

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over time. Income and losses from investment real estate are considered passive by definition — unless you’re a real estate professional. Even then, you generally must “materially participate” in a rental activity for it to be treated as nonpassive. Why is this important? Passive income may be subject to the 3.8% net investment income tax on top of any income tax otherwise due, and passive losses are deductible only against passive income, with the excess carried forward. Call us at (702) 898-9000 to discuss tax planning for your investment real estate.

Selling investments at a loss generally reduces taxes, but the wash sale rule can get in the way. If you buy the same or...
09/16/2026

Selling investments at a loss generally reduces taxes, but the wash sale rule can get in the way. If you buy the same or a “substantially identical” investment within 30 days before or after the sale, the loss may be disallowed. Fortunately, there are ways to avoid triggering the wash sale rule and still achieve your goals. Contact us at (702) 898-9000 to discuss balancing tax considerations with investment objectives.

Calling one of your business’s employees an independent contractor doesn’t necessarily make that person one. Worker stat...
09/15/2026

Calling one of your business’s employees an independent contractor doesn’t necessarily make that person one. Worker status depends on the actual relationship. And getting it wrong can expose you to tax liabilities, penalties and other costs. Familiarize yourself with the three primary factors the IRS uses to classify workers for federal employment tax purposes: behavioral control, financial control and type of relationship. Also know that the Department of Labor has proposed new independent-contractor regulations that, if finalized, could differ from IRS definitions. Call us at (702) 898-9000. We can review your worker classifications and help determine whether you should change them.

The IRS is more likely to audit certain types of businesses, such as those that are primarily cash-based. Although you p...
09/14/2026

The IRS is more likely to audit certain types of businesses, such as those that are primarily cash-based. Although you probably can’t change the nature of your transactions, you can control the accuracy of your tax returns. Minimize errors by maintaining meticulous documentation. Generally, you should keep tax records for at least three years — the normal statute of limitations for an IRS adjustment. And don’t try to go it alone: Call us at (702) 898-9000 for help reducing the likelihood of attracting IRS scrutiny, as well as for support if your tax return is ever questioned.

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 20...
09/10/2026

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways to deduct qualifying unreimbursed expenses: A deduction of up to $350 is available whether or not they itemize, and a new deduction with no dollar cap is available to itemizers. Educators eligible for both deductions can first claim the above-the-line deduction and reap the benefits of reducing their adjusted gross income and, if they have eligible expenses in excess of $350, claim the itemized deduction for those excess expenses. (Educators can’t claim both deductions for the same expenses.) Contact us at (702) 898-9000 to see if you may be eligible.

Address

163 E Warm Springs Road
Las Vegas, NV
89119

Opening Hours

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

Telephone

(702) 898-9000

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