San Francisco Tax Preparation / CPA: 2021 Standard Mileage Rates Released

The IRS released the optional standard mileage rates for 2021. Most taxpayers may use these rates to compute deductible costs of operating vehicles for: business, medical, and charitable purposes. Some members of the military may also use these rates to compute their moving expense deductions. 2021 Standard Mileage Rates The standard mileage rates for 2021 […]

San Francisco Tax Preparation / CPA: SBA, Treasury Announce PPP Re-Opening

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) would re-open during the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on […]

San Francisco Tax Preparation / CPA: IRS Releases Final Regulations on Recovery of Misdirected Direct Deposit Refund

The IRS has released final regulations with the procedures under Code Sec. 6402(n) for identification and recovery of a misdirected direct deposit refund. This guidance reflects modifications to the law made by the Taxpayer First Act ( P.L. 116-25). The final regulations affect taxpayers who have made a claim for refund, requested the refund be […]

Taxes Get Ever More Complicated, and This Year We Have COVID as Well

Tax time is here! You may need a top-rated CPA in San Francisco to do your taxes as they seem to get more complicated every year. This year, we have a number of unusual tax provisions due to the Pandemic, so you can’t just take your business taxes down to the big box tax guys.

2020 Has Gone – Thank Heavens – but Taxes Are Still Here!

Corporations are rushing to get their taxes filed on time for 2021. What a year 2020 was, right? Well, for corporations in San Francisco it was the best of times (for some) and the worst of times (for others).

Safe Harbor CPAs Announces Post on International Business Tax Return Preparation in San Francisco

San Francisco, California – February 2, 2021. Safe Harbor CPAs, a top-rated accounting firm in San Francisco, California at is proud to announce a new post on tax return preparation for San Francisco businesses.