How to Save Money on Your Personal Taxes
Everyone must pay taxes. But if you plan correctly, you can significantly reduce the amount of money that you owe to the government each year.
Tax
How to Choose a Good Accountant for Your Business
For entrepreneurs, it is important to have a strong accountant in your corner during every stage of your business’s life cycle – from start up to succession planning. But choosing the right accountant is not easy.
Why Your Tax Refund May Be Smaller This Year
Some people may find that they have higher tax bills for 2021 than they have in previous years. During this live event, CPA Dimple Sankhla and Business Development and Outreach Manager Neha Mahajan discuss the many factors could contribute to this increase in taxes.
Top Tax Credits for Small Businesses
Small business owners can save on their taxes by taking advantage of tax credit opportunities. There are multiple small business tax credits that may be a fit for your business. Work closely with your Chugh CPAs, LLP professional to proactively plan and minimize your tax bill.
Deferred Taxes: US GAAP and the Internal Revenue Code (IRC) Recognition Differences
Deferred taxes are a result of the difference in timing recognition between United States tax law under the Internal Revenue Code (IRC), and the standard US accounting method generally accepted accounting principles (GAAP). Join Accountant Jarrell Ochoco for an overview of the differences between these two standards, and how they apply to your business.
Understanding California’s Pass-Through Entity Elective Tax
Taxpayers who itemize on their federal tax returns can deduct certain state and local taxes (SALT). In 2017, The Tax Cuts and Jobs Act (TCJA) capped SALT deductions at $10,000. To counter this cap, the California Assembly recently introduced a pass-through entity (PTE) elective tax.
Minimizing Capital Gains Taxes on the Sale of Stock
Investors incur capital gains taxes every time they sell stock for more than they paid. Taxes may vary depending on how long the shares were held. You can minimize your capital gains taxes – and continue to build wealth – by employing the right tax planning strategies.
When and Why Your Company Needs a 401(k) Audit
When done right, a 401(k) audit can help a company improve and can even add value.
Understanding How Your Stock Options and Grants Are Taxed
Individuals should vary their tax planning strategies based on the type of stock option award they receive. Join Chugh CPAs, LLP Partner and CPA Kislay Banka for an overview of different stock option awards, and which tax planning strategies you can use for each. Business Development and Outreach Manager Neha Mahajan hosts.
Tax Planning Strategies You Won’t Want to Miss This Holiday Season
It’s not too late to save money on your 2021 taxes. Our experts CPA and Team Lead Ashleen Sahni and Accounting Team Lead Yamini Jain join Business Development and Outreach Manager Neha Mahajan for a conversation on tax planning strategies that can benefit businesses, individuals, and high-net-worth people.