Two Convenient Locations:
San Diego Office: (619) 283-7113
Julian Office: (760) 765-0343
Click links to access individual blogs
• Stay prepared to sell your businessPage: 1 2 3
• Great uses for your tax refund
• How to File Nonprofit Taxes
• 7 Common Missing Tax Return Items
• Is a Tax Surprise Waiting for You?
• School yourself on the student loan interest deduction
• The 6 Biggest Threats to Your Finances
• Last-Second Money-Saving Tax Moves
• Retirement Contributions Get a Boost in 2019
• 5 Estate Planning Myths
• Disaster Preparedness Tips for Taxpayers and Businesses
• Five Tax Breaks for New Parents
• Setting up Your Business Accounting System
• Ideas to Improve Your Financial Health
• It's tax-planning time
• Managing Money Tips for Couples
• 6 tax benefits of owning a home
• Five Great Finance Tips Everyone Should Know
• How to handle a gap in health care coverage
• Update on the Tax Cuts and Jobs Act
• When an extension makes sense
• Tax checklist for business startups
• Answers to commonly asked tax questions
• New FASB Standards for Nonprofit Accounting
• The best way to avoid an audit: PreparationPage: 1 2 3
• Boost your retirement savings now
• IRS Urges Travelers Requiring Passports to Pay Their Back Taxes
• Scam Alert: IRS Urges Taxpayers to Watch Out for Erroneous Refunds; Beware of Fake Calls to Return Money to a Collection Agency
• How to Get a Green Light for Commuting Expense Deductions
• Federal requirements for substantiating charitable contributions
• How to cut taxes under the new tax act
• FBI Warns of Online Dating Scams
• IRS issues 2018 standard mileage rates
• Year-end tax checklist
• The Equifax breach and you: be proactive
• Beware of Bogus Charities
• Planning A Wedding Over The Holidays?
Plan For Taxes Too
• Don't Include The IRS On Your Gift List
• Ready To Start Year-End Planning?
Focus On The Big Picture.
• Know When To Sell
• Put Your Tax and Financial House
• Are You Prepared For These Common
• Scams Against the Elderly:
Know the Danger Signs
• Tax Benefits of Corporate Retirement
• Maneuvering the Corporate
Retirement Plan Maze
• Documenting your Business Travel andPage: 1 2 3
• Maximizing your Travel and
• Deducting Business Meals and
• Do Yourself a Favor by Filing
• Do I Need A CPA?
• How to Save Money on Your Tax
• What To Do If You Can't Pay
• What To Do If You Haven't Filed
Do Yourself a Favor by Filing Your Taxes
Taxpayers who meet certain requirements must file tax returns to report their income and claim allowable deductions. In 25 years preparing tax returns, we cant recall meeting anyone who actually enjoyed paying taxes. Almost every client has a unique approach and attitude toward filing tax returns and paying taxes but most taxpayers accept the need to obey the law and fulfill their civic duty by reporting and paying their fair share of taxes when they are due.
Some taxpayers are unable to pay their taxes in full when due. While this is not a desirable position, it is not a unique one either. Often, with proper planning and budgeting this situation can be avoided, however if you find yourself facing this issue there are several options. Luers & Dyer can resolve many issues for you with a phone call at minimal cost.
Financial stress and the inability to pay the taxes due with the return can also lead to late or non-filing of returns - a more serious matter. One late return can easily lead to a pattern of late or non-filing. Typically, a significant life event or hange in the complexity of financial transactions can be a trigger. Procrastination is often a factor.
Do yourself a favor by filing your taxes. Refunds can be lost if you dont. You can reduce taxes and avoid penalties. The IRS identifies non-filing taxpayers with a filing requirement and prepares substitute returns which typically reflect a higher tax liability. Tax returns are an important part of your finances and are the basis for many financial transactions and benefits.
Fear is a contributing factor to late returns remaining delinquent. Getting into compliance can be relatively painless with a tax professional familiar with filing delinquent returns and tax collection matters. Only attorneys, certified public accountants (CPAs) and enrolled agents can represent taxpayers before the IRS in all matters including audits, collection and appeals. Tax compliance reduces stress and can provide peace of mind. Get the help you need.
Luers & Dyer, CPAs, LLP is a full service accounting firm with offices in Julian and San Diego. For more information about our company call (760) 765-0343.
Mailing Address: P.O. Box 1934, Julian, CA 92036
Julian Office: 2902 Washington Street, Julian, CA 92036 (760) 765-0343 (760) 765-0150 Fax
San Diego Office: (By Appointment Only) 3751 37th St., #2, San Diego, CA 92105 (619) 283-7113
Correspondence: P.O. Box 1934, Julian, CA 92036 E-mail: rebecca(at)luersdyercpa.com jan(at)luersdyercpa.com
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