Virtual CPA for You

01/08/2022

sending letters to recipients of advance payments and third . Using the information in these letters when preparing your tax return can reduce errors, avoid refund delays. https://go.usa.gov/xt3mm

08/27/2021

The Internal Revenue Service has stepped up efforts to collect employment taxes from S corporation officers, but business owners are still getting away with avoiding billions of dollars in taxes.

12/04/2020

CA Small Business Tax Credit- urgent release - Description

11/15/2020

Q and A on a few client asked questions - Description

10/27/2020

2020 year-end tax planning from Ying McKee, CPA - Description

06/04/2020

Latest and greatest

Updated for the Paycheck Program Flexibility Act of 2020 A quick recap of PPP(Paycheck Protection Program) Generally, a small business can borrow equal to 2.5 times of your monthly Payroll costs and business owner's "compensation replacement" of 19.23% of your 2019 business net income. There is an a...

05/09/2020

Coronavirus relief update as of May 9th: PUA, PPP, stimulus checks and EIDL

04/04/2020

Urgent release

Summary of Financial Reliefs for Business due to COVID-19

04/04/2020

Urgent Release-Summary of Financial Reliefs for Business due to COVID-19

If you have any questions, please do not hesitate to contact us. Virtual CPA for You is a 100% paperless on line accounting and tax service based in California. With technology, communicating can be faster and more secure than face-to-face meetings.

04/03/2020

Some Clarifications on the CARES Act Tax

If you have any questions, please do not hesitate to contact us. Virtual CPA for You is a 100% paperless on line accounting and tax service based in California. With technology, communicating can be faster and more secure than face-to-face meetings.

03/21/2020

IRS/CA update tax filing change up date as of March 21th, 2020 - Description

03/17/2020

Latest tax filing/paying deadline change - Description