Helpful Links
Government Resources
Internal Revenue Service (IRS)
IRS Free filing help for seniors if you make less than $69,000
California Board of Equalization
California Employment Development Department
California Franchise Tax Board
Employee Forms
W4: Employee’s Withholding Allowance
I9: Employment Eligibility Verification
Hiring Incentives to Restore Employment Act (HIRE) Employee Affidavit
Miscellaneous Tax Forms
Helpful Associations
We have found the following references to be very helpful.
FINANCIAL ADVISORS
PAYROLL SPECIALIST
Alan Brodie Associates
Financial advisor for retirement plans, investments and insurance
Alan Brodie, CFP, CLU
Financial Advisor, LPL Financial
1601 Dove Street, Suite 260 • Newport Beach, CA 92660-2427
949-612-6335 Telephone • alan.brodie@lpl.com
Securities offered through LPL Financial. Member FINRA/SIPC
BEN GOMEZ
Paychex Inc. | Business Consultant
1535 Scenic Ave, Ste 100
Costa Mesa, CA 92626
C: (949) 697-4022
E: bgomez1@paychex.com
OTHER
BILL SPANIEL
Public Relations Manager
California Society of CPAs / CalCPA Institute
330 N. Brand, #710
Glendale, CA 91203
Ph: 818.546.3552 / 800.922.5272
Fax: 818.246.4017
bill.spaniel@calcpa.org
www.calcpa.org
Twitter: @billspaniel
BANKING
Please note that the 15th filing deadline may move to the following business day if it falls on a weekend or holiday.
January 18th-4th quarter personal estimated tax payments(for prior tax year)
1st day to file 2019 returns (in Jan 2020) January 27, 2020.
February 1st, W-2 and 1099’s due to recipients
February 29th-W-2 and 1099 copies due to Social Security Administration and Internal Revenue Service
March 15th-Partnership/LLC (starting in 2017-for 2016 returns)-or extensions. Corporate tax returns (or extensions)
Important Dates & Alerts
April 15th-Individual tax returns (or extensions), CA corporate minimum estimated tax payment, 1st quarter personal estimated tax payments, Partnership/LLC returns (or extensions) for 2019 tax year, Trust returns (or extensions)
May 9th-CA Counties Business Personal Property Tax Returns
May 15th-Non-Profit Returns (for calendar year charities)
June 15th-CA LLC estimated fee (for current tax year), 2nd quarter personal estimated tax payment, 2nd quarter CA corporate estimated tax payment
September 15th-Partnership/LLC (on extension), Corporate tax returns (on extension), Trust tax returns (on extension), 3rd quarter personal estimated tax payments, 3rd quarter CA corporate estimated tax payment
September 30th-Trust returns (on extension)-starting in 2017-for 2016 returns
October 17th-Individual tax returns (on extension)
December 15th-4th quarter CA corporate estimated tax payment
Tax Tips
Here are some of the tax reform videos taxpayers can watch on their computer or on their smartphone when they’re on the go.
IRS Video Portal
The IRS produces and posts videos to post on the Video Portal. These videos can help individual and business taxpayers better understand how the tax reform law affects them and their taxes.
Tax Reform Basics for the Qualified Business Income Deduction, 199A
This webinar provides an overview of who will be eligible for the new tax reform provisions of the Qualified Business Income Deduction under Section 199A. It also shows calculations and basics for reporting.
Tax Reform Basics for Employers
This provides an overview of tax reform changes for employers. Topics covered include changes to employer credit for family and medical leave, employee achievement awards, and qualified transportation fringe benefits.
Tax Reform Basics for Individuals and Families
Addresses tax reform changes that affect individual taxpayers. Topics include standard deductions, personal exemptions, itemized deductions, and the child tax credit.
Understanding How to Use the IRS Withholding Calculator to Check & Correct Withholding
This video explains why many taxpayers may need to change their withholding. It also helps tax professionals understand how to use the IRS withholding calculator to help taxpayers change their withholding.
IRS YouTube Channel
These videos are all in English, with several also being offered in Spanish and American Sign Language.
Paycheck Checkup: English
Taxpayers can watch this video to find out why they should do a Paycheck Checkup after tax reform legislation changed how much tax is taken out of individuals’ paychecks.
IRS Withholding Calculator Tips: English
This video gives taxpayers tips for using the calculator, including what documents to have on hand before starting their Paycheck Checkup.
Paid Family and Medical Leave: English
If employers provide paid family and medical leave for their employees, they may be eligible for a tax credit. This video has more information about this credit.
The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.
― T. T. Munger
© 2023 Janet Lee Krochman, CPA / All Rights Reserved
(714) 325-5518
Meeting by appointment only
jkrochman@jlkcpa.com
Janet Lee Krochman, CPA
2973 Harbor Blvd., No. 644
Costa Mesa, CA 92626