Blog

I have to apologize to all of my Palmdale clients for the sheer volume of tax-centric writing I've been doing the last few weeks and months.Normally, I like to write on other topics (in addition to the tax-related stuff) ... but I cannot emphasize enough how massively...

Last week marked the one year anniversary of the CARES Act (stimulus round 1). This was such a monstrous piece of legislation, it’s still being unraveled. It made "Obamacare" (ACA) and the "Trump Tax Cuts" (TCJA) seem like junior league tweaks.We had not before seen a...

With a third round of "stimmy" (as the kids say) hitting bank accounts for the past week, 90MM+ Americans (including some of us in Palmdale) are once again flush with cash. It remains to be seen what this will do for the economy, but combined with what seems to be a...

Events are happening fast in tax world, and we are VERY busy here at Premiere Tax Service. But this is a good thing -- we've been preparing for this season all year, and we love to serve.We knew that there would be unexpected curve balls this year, but "rewriting the...

I mentioned last week the key provisions of the "American Rescue Plan," while it was just proposed legislation.Now that the House has passed it, there is more meat on those bones. I'll run it all down for you once it's been signed by the President, but the key...

We're diving in, with sleeves rolled up, with a bunch of our Palmdale area tax preparation clients in creating the best tax return possible for their 2020.Get on our list here: 661-299-7130But here at Premiere Tax Service we're also keeping an eye on the Congressional...

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...

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...

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...