San Francisco Tax Preparation / CPA: IRS and Community Partners Provide Tax Assistance

The IRS has partnered with non-profit organizations and others in 12 cities to help eligible families file a 2020 return or register for the monthly Advance Child Tax Credit ( ACTC) payments using the new Non-filer Sign-up Tool. The special events will take place on June 25-26 and July 9-10, 2021. Events will be held in Atlanta; New York; […]

San Francisco Tax Preparation / CPA: 2.2 Million EIPs Disbursed Under American Rescue Plan

The IRS, Treasury and Bureau of the Fiscal Service announced disbursing more than 2.2 million additional Economic Impact Payments (EIPs) under the American Rescue Plan (ARP) ( P.L. 117-2). The IRS will continue to disburse Economic Impact Payments on a weekly basis. Ongoing payments will be sent to eligible taxpayers for whom the Service previously did […]

San Francisco Tax Preparation / CPA: Routine Request Exception Applicable to Church Large Employer

The IRS Chief Counsel ruled that when sent to a church applicable large employer, Letter 226-J is a routine request under Reg. §301.7611-1, Q&A-4. The letter was an initial communication with an applicable large employer (ALE) necessary for the ALE to know that they may have a tax obligation. It also provides a preliminary employer […]

Most Businessmen Don’t Like Doing their Books, so Let Us Do Your Bookkeeping

Running your business is a full-time job. In fact, it’s probably MORE than a full-time job. Monitoring and figuring out your books isn’t probably high on your “fun” list. Yet it is a critical part of running any business. In fact, if you are like many business owners here in San Francisco, when you started […]

Tax Time Comes Round Once a Year. But Really, Every Day Is Tax Time

It’s tax time! But here’s the deal. It’s really tax time every single day. Every single personal or business financial decision you make has tax implications. How does the old song go? 30 days has September, April, June, and November Yes, it doesn’t matter what month it is or what day of the week it […]

We Can Carry Out Your Bookkeeping for Your Small Business

Here at Safe Harbor we love small businesses! If you own or run a small business here in the “City by the Bay”, as a small business tax accountant in San Francisco we not only offer best-in-class tax accounting services, but we can take all your bookkeeping off your hands as well. Yes, you read […]