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Two Convenient Locations:
San Diego Office: (619) 283-7113
Julian Office: (760) 765-0343
Click links to access individual blogs
• Never Take on the IRS Alone!Page: 1 2 3 4 5 6
• Prioritizing Inventory Management Can Help Your Business
• Safeguarding Your Business's Cash with Segregation of Duties
• The Home Gain Exclusion: Make Sure You Qualify!
• Five Small Business Insurance Review Tips
• Know Your Rights When Debt Collectors Call
• Getting the Most Out of Homeowners Insurance
• IRS extends tax deadline to Oct. 16 for disaster areas in California
• Save Your Business Time and Money by Getting Organized
• Tips to Get Your Finances in Tip-Top Shape
• Keys to Keeping Great Business Records
• Shrink Your Tax Bill in 2023
• 6 Ways to Cut Your Everyday Expenses
• 'Tis the Season for Gift Card Fraud
• Maximize Your College Financial Aid With These FAFSA Tips
• Planning for Future Care: A Financial Dilemma
• Student Loan Forgiveness Q&A
• Taming Monthly Bill Creep
• Tips to Improve Your Credit Score
• Debit Card Smarts
• The IRS Announces Tax Scams
• Watch for These Tax Surprises
• Six Simple Ideas to Help Your Small Business
• Money Management Tips for Couples
• Summer Jobs and Taxes
• Making Your Home Office a Tax Deduction
• The Benefits of Being a Sole Proprietor
• Debt: Gone But Not Forgotten by the IRS
• Review Financial Decisions When Interest Rates ChangePage: 1 2 3 4 5 6
• Cryptocurrency: The IRS is Watching You!
• Protecting Your Digital Footprint
• Small Business Tax Return To-Do-List
• Ideas to Improve Your Financial Health in 2022
• Five Great Money Tips
• Fake Products (and Money!) Are Big Business
• Year-End Tax Planning Ideas For Your Business
• Time to Schedule Your Tax Planning Session
• IRS Backlog of Historical Proportions
• Protect Your Valuables BEFORE Thieves Arrive
• Make the Most of Your Vehicle Expense Deduction
• Help! I Just Got a Letter From the IRS
• Manage Your Business's Unemployment Taxes
• Common Tax Mistakes When Selling a Home
• The Hidden Tax Consequences of Cryptocurrency
• Building a Fortress Balance Sheet
• Taxes: These Basics are for Everyone
• Starting a Business Now Could Make a Lot of Sense
• What's New in 2021
• Organized Business Records Save Time and Money
• Your Identity is NOT Your Own!
• Seven Tips For Financial Wellness In 2021
• PPP Loan Expenses Are Now Tax Deductible
• Deductibility of Business Meals Provided by Restaurants in 2021 and 2022Page: 1 2 3 4 5 6
• Ideas For Better Savings Rates
• Retirement Savings Tips for Small Business Owners
• Steer Clear of Money-Making Scams While You're Stuck at Home
• How to Build Your Emergency Fund - When You Have No Money
• Great Tips to Improve Your Credit Score
• What does the executive action deferring payroll taxes mean for employers and employees?
• Should You Incorporate Your Business?
• How to Eliminate a Tax Surprise
• New law provides relief for eligible taxpayers who need funds from IRAs and other retirement plans
• How Stay-at-Home Orders Change Money Habits
• IRS guidance provides RMD rollover relief
• Financial Questions to Ask Mom and Dad
• The New Face of Banking
• PPP borrowers get concessions, additional guidance on forgiveness
• The IRS clarifies the deductibility of PPP-funded expenses
• SBA extends the PPP repayment deadline for self-certification
• Beware of Scams Tied to COVID-19 Economic Impact Payments
• Answers to Common COVID-19 Unemployment Questions
• CARES Act provides COVID-19 pandemic relief to businesses
• The IRS announces new COVID-19-related assistance for taxpayers
• 3 Major Charity Scam Red Flags
• 2020 Social Security Benefits
• Avoid These Common Tax MistakesPage: 1 2 3 4 5 6
• What Employers Need to Know About Assembly Bill 5
• Bill Collector Calling? Know Your Rights
• Tips to Protect Yourself From Tax Scams
• The IRS Is Not Always Right
• Select the Right Health Insurance for Your Business
• The IRS Loves Your Business...and That is NOT Good
• Help Older Adults Stand Up Against Scams
• Amazon and eBay Sales Tax ALERT!
• No Excuses. Time to Lower Your Tax Bill.
• How To Protect Your Social Security Number
• You Know You Need Tax Planning If...
• What You Need To Know About IRS Audits
• How to Correct Common Financial Mistakes
• Don't Leave Your Business Exposed
• Watch Out! 7 Vacation Costs That Sneak Up on You
• Major Life Changes Ahead? Read This!
• 7 Tax-Free Ideas to Bolster Your Business Benefits Package
• Stay prepared to sell your business
• Great uses for your tax refund
• How to File Nonprofit Taxes
• 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 MythsPage: 1 2 3 4 5 6
• 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: Preparation
• 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 CharitiesPage: 1 2 3 4 5 6
• 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 and
• 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
Know When To Sell
Deciding when to buy a stock is often easier than determining when to sell. As you're reviewing your portfolio at year-end, consider these situations that may indicate the right time to sell.
When There Are No Tax Consequences. If you hold stock in a retirement fund, you may want to reap gains with no tax impact.
To Take Money Off The Table. If a stock has had a nice run, you could sell a portion to recoup part of your investment. You can continue to invest in the stock but with locked-in gains.
A Shift In Fundamentals. Consider selling if the economy changes or an entire industry becomes vulnerable due to negative news.
When You've Given Up On A Stock. If a stock has been declining or flat-lining for an extended period, selling low now can save you from having to sell even lower later on.
To Take A Contrarian Position. If the market has gotten frothy and all the news is optimistic, choosing to harvest your gains could be a wise move.
When Cash Becomes Attractive. A gloomy economic outlook could be reason to increase your cash reserves.
Having a disciplined selling strategy means giving as much thought to the sale of a stock as to the purchase. Contact us. We're here to help.
Julian Office: (By Appointment Only) 4367 Hwy 78, Santa Ysabel CA 92070
San Diego Office: (By Appointment Only) 2231 Camino del Rio South, San Diego CA 92108
Correspondence: P.O. Box 1934, Julian, CA 92036 E-mail: rebecca(at)luersdyercpa.com jan(at)luersdyercpa.com
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