Strategic Financial CPA Services

02/21/2026

Beginning tomorrow February 21, Strategic Financial CPA Services will be providing tax filing services every Saturday through tax season at the Oakland Eritrean Community Cultural Civic Center (ECCCC). Private appointments can be made as well.

02/26/2023

BREAKING NEWS: Most of California has been added to the Federal Disaster Areas list because of the recent flooding, storms, and landslides. Taxpayers living in these areas automatically receive an extension to file your 2022 Tax returns; the new deadline if you live in these areas is now October 16, 2023.

This includes all Tax returns and payments for S-Corps and Partnerships that are due March 15, and all C-Corps, Non-profit organizations, and all estimated tax payments. Check the link below for more information.

IR-2023-33, Feb. 24, 2023 — Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Previously, the deadline had bee...

09/23/2022

Applications for the student loan cancellation will available beginning in October.

Generally, loan forgiveness is taxable income but this loan forgiveness is NOT taxable at the Federal level. Most States will NOT include this loan forgiveness as income but some States will include this amount as taxable unless there’s new legislation.

States including this forgiveness as Taxable Income: Indiana, Mississippi, North Carolina

States that may add new legislation to make this forgiveness Non-Taxable Income:
Arkansas, California, Massachusetts, Wisconsin

For more information, visit the links below to stay on top of this Federal program:

https://studentaid.gov/debt-relief-announcement/one-time-cancellation

https://studentaid.gov/debt-relief-announcement