castillocompanycpa.com RSS Feed https://castillocompanycpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Sat, 01 May 2021 09:00:00 -0500 Sat, 01 May 2021 09:00:00 -0500 Tax Withholding for Seasonal and Part-Time Employees https://www.castillocompanycpa.com/newsletter.php#2 Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#2 Tax Return Tips for Last-Minute Filers https://www.castillocompanycpa.com/newsletter.php#1 If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#1 Saving for Education: Understanding 529 Plans https://www.castillocompanycpa.com/newsletter.php#3 Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#3 Deducting Business-Related Car Expenses https://www.castillocompanycpa.com/newsletter.php#5 If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#5 Avoiding Tax Surprises When Retiring Overseas https://www.castillocompanycpa.com/newsletter.php#4 Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#4 Q & A: The $10,200 Unemployment Tax Break https://www.castillocompanycpa.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 https://www.castillocompanycpa.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#5 Highlights of the American Rescue Plan Act https://www.castillocompanycpa.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 https://www.castillocompanycpa.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#1 Economic Impact Payments: Round Three https://www.castillocompanycpa.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 https://www.castillocompanycpa.com/newsletter.php#3 PAYCHECK PROTECTION PROGRAM PPP https://www.castillocompanycpa.com/blog.php?id=14 PPP LOAN QUESTIONS AND ANSWERS Thu, 24 Dec 2020 09:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=14 Tax Treatment of Businesses - Tax Cut and Jobs Act https://www.castillocompanycpa.com/blog.php?id=13 Tax Treatment of S Corps and Partnerships - C Corps Wed, 09 Jan 2019 09:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=13 Should you convert to a C-Corp? Read below..... https://www.castillocompanycpa.com/blog.php?id=12 Sun, 27 May 2018 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=12 New Law Retracts $100 a day penalty! https://www.castillocompanycpa.com/blog.php?id=11 Fri, 06 Jan 2017 09:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=11 Solo 401(K)-What You Need To Know https://www.castillocompanycpa.com/blog.php?id=10 Solo 401(K)-What You Need To Know Sat, 09 Jan 2016 09:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=10 7even Misconceptions When Choosing Your Business Entity https://www.castillocompanycpa.com/blog.php?id=9 7even Misconceptions When Choosing Your Business Entity Tue, 29 Sep 2015 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=9 The Best Health Insurance Plan for Solo Owners https://www.castillocompanycpa.com/blog.php?id=8 Fri, 11 Sep 2015 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=8 Have Independent Contractors? This is a Must Read! https://www.castillocompanycpa.com/blog.php?id=7 Have Independent Contractors? This is a Must Read! Fri, 29 May 2015 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=7 How to Make Your Charitable Donation a Business Expense https://www.castillocompanycpa.com/blog.php?id=6 How to Make Your Charitable Donation a Business Expense Thu, 09 Apr 2015 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=6 Business Tax Pointer - Business Vehicle Tax Deduction https://www.castillocompanycpa.com/blog.php?id=5 Business Tax Pointer - Business Vehicle Tax Deduction Mon, 02 Feb 2015 09:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=5 Real Estate - Cost Segregation Studies https://www.castillocompanycpa.com/blog.php?id=4 Real Estate Cost Segregation Studies Sat, 31 Jan 2015 09:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=4 Maximize Your 401k Deductions - S Corporations https://www.castillocompanycpa.com/blog.php?id=3 How to Maximize your 401k Deductions - S Corps Sun, 02 Nov 2014 08:00:00 -0600 https://www.castillocompanycpa.com/blog.php?id=3 How to Reduce Taxes for S-Corporation Owners https://www.castillocompanycpa.com/blog.php?id=2 Fri, 03 Oct 2014 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=2 3 Tips When Buying a Business https://www.castillocompanycpa.com/blog.php?id=1 Tue, 23 Sep 2014 09:00:00 -0500 https://www.castillocompanycpa.com/blog.php?id=1