On Friday, the IRS began accepting tax returns and people like me all around the country started buckling up for what is already quite a ride. With new PPP loans for Palmdale small business owners, credits aplenty in all of the variety of stimulus bills, DELAYS from the IRS, fraudulent unemployment claims (yes, this is a thing) … well, let’s … Read More
Attention All Palmdale Taxpayers, Tax Season Is Here
Congratulations to the Patriots — I mean the Tampa Bay Buccaneers — for their Super Bowl victory. Here at Premiere Tax Service, we don’t have a lot of time to pay much attention to such doings since tax season is here. Even though the actual submission of tax returns to the IRS is delayed until Friday the 12th, we are … Read More
Palmdale Taxpayers It’s Time To Deal With Your 2020 Tax Return
We can’t electronically submit tax returns to the IRS until Friday, February 12. Nobody can. But that doesn’t mean we can’t help you get started. In fact, we’re already in process with a few Palmdale clients, and more and more are contacting us every day. If you want to get a jump on things, get questions answered, and help … Read More
Rodney Williams’ Tax Checklist for Palmdale Taxpayers
Every year within the independent tax and accounting business community here in Palmdale (and on various online channels), we have a little fun laughing at the newest TurboTax or Block commercials. Last year, it was “all people are tax people”. This year, they’re promoting their “live” feature with commercials of a floating desk answering various deduction questions. It’s clever, but … Read More
Rodney Williams’ Four Keys To Focus And Building Momentum in 2021
It seems so long ago (it was only last week) that we were cueing the fireworks and celebrating leaving 2020 in the rearview. But after all of the events of the past week, it seems wise that we might adjust to the fact that the world around us is not what it might have been in the past. Honestly, it’s … Read More
Five Key Takeaways From The Second Coronavirus Relief Bill For Palmdale Taxpayers
Say it with me again: it’s a whole new year. 2020 is in the rearview… And 2021 is starting with some very nice treats for regular families in the clunkily-named “Coronavirus Response and Relief Supplemental Appropriations Act of 2021”, also known as the “Consolidated Appropriations Act” or CAA for short (the CAA is the entire bill … the clunky name … Read More
Rodney Williams’ Very Last Minute Tax Moves for 2020
These weeks are disjointed, these holiday weeks. As of this writing, there are only three days left in 2020, and this week contains New Year’s Eve and New Year’s Day. So if you want to make ANY 2020 moves (outside of IRA things, which can be retroactively applied after 12/31), time’s a wastin’. I hope that by the time you … Read More
Rodney Williams’ Annual Holiday Prayer
This will be a different kind of note today than I normally post. Because the first thing to note is that a bona fide holiday miracle seems to have occurred: Congress agreed on another relief bill. Given this cultural climate, this might rank up there with the never-ending oil in the lamps of the Maccabees. (Obviously, I exaggerate … slightly.) … Read More
Five Key Habits of the Wealthy Palmdale Clients We Serve
The clock is really ticking now on 2020. But before you celebrate, please — for the love of Pete — make SURE that you are getting whatever needs doing done NOW that might affect this year’s taxes. I’ve been banging this drum the last couple weeks, but I know how thick-headed I can sometimes be, so I’m just assuming you’re … Read More
Paying Off Debt by Rodney Williams
Last month, I talked about [ENGBLOG]some potential moves Palmdale taxpayers could make by the end of the year. I wanted to remind you of those possibilities before I get to what else I want to talk with you about… (paying off debt) Those were: Look ahead to 2021 — project what your income might be, then make withholding and tax … Read More