San Francisco Tax Preparation / CPA: IRS Extends Certain Deadlines, Penalty Relief for Health Coverage Forms

Health insurance providers (including employers and health insurance companies) now have until March 2, 2020, to furnish to individuals Form 1095-B, Health Coverage, and Form 1095-C, Employer-Provided Health Insurance Offer and Coverage. This is a 30-day extension from the original due date of January 31, 2020. Employers and providers must furnish Forms 1095-B and 1095-C […]

San Francisco Tax Preparation / CPA: IRS Postpones More Deadlines Due to COVID-19 Emergency

The IRS is postponing deadlines for certain time-sensitive actions due to the Coronavirus Disease 2019 (COVID-19) emergency. This relief affects employment taxes, employee benefit plans, exempt organizations, individual retirement arrangements (IRAs), Coverdell education savings accounts, health savings accounts (HSAs), and Archer and Medicare Advantage medical saving accounts (MSAs). With certain exceptions, the relief postpones deadlines […]

San Francisco Tax Preparation / CPA: Interim Amendments for Hardship Distributions Clarified and Deadline Extended

The IRS has clarified which amendments are integral to a plan provision that fails to satisfy the qualification requirements by reason of a change made by the final hardship distribution regulations. The deadline for pre approved plans to adopt an interim amendment relating to those regulations is extended to December 31, 2021. Background The IRS […]

At Safe Harbor We Have Good News If You Haven’t Done Your Tax Return

Many tax deadlines were extended owing to Covid-19. However, the truth is that those extensions are now just around the corner. Doesn’t time fly when you’re having fun?

If You Have to Pay International Taxes, Coronavirus Has Complicated It

International taxes have always been complicated, especially if you have liabilities in several different countries as well as in the US. You could be a permanent resident of the US and still have tax liabilities in Canada, Hong Kong, Germany, or anywhere else, and they all have different rules.

Safe Harbor LLP Announces New Career Opportunities for Best-in-Class CPAs and Accountants in San Francisco, California

San Francisco, California – June 29, 2020. Safe Harbor LLP, a top-rated CPA firm based in the Bay Area, is proud to announce new career opportunities for best-in-class accountants. The firm offers excellent pay and benefits as well as the opportunity to work at a fun, fast-paced CPA firm in San Francisco that aims to […]