January 12, 2015
Skylar Dubrow, CPA
Blog
What happened last week in Paris was a horror show for those of us living in an ostensibly free society. Outrage, shock, argument — all of these things have been roiling through the last week, as we’ve watched. I’m sure you felt similar.
And, well, life has a tendency to keep on pulling us along, even as we attempt to process such things.
Read MoreDecember 17, 2014Skylar Dubrow, CPABlog
As much of the nation and world has been enjoying this holiday season, my team and I have been preparing for a season of a different kind — TAX season.
And sure, we’ve certainly been pausing to meditate on the beauty of THIS season, but it just so happens to always coincide at the dawn of our busiest time of the year.
Read MoreDecember 4, 2014Skylar Dubrow, CPABlog
December is officially with us. It’s cold. And time is running out.
By that I mean that we are ONE MONTH away from year-end. That’s one month away from doing anything positive to affect your tax burden (with the exception of IRA contributions and a few other various back-dating strategies that are allowed).
So here’s a quick and dirty tax plan:
1) Unless your income has radically changed this year (in which case we should probably talk),
Read MoreNovember 24, 2014Skylar Dubrow, CPABlog
Activity is relatively slow around here this week, and it always puts me in a meditative mood. Thanksgiving is nice because it’s not quite yet the “calm before the storm” which the December holidays represent (right before tax season, as they are). This is a week when I get to gear up … but I do so by looking back.
Read MoreNovember 10, 2014Skylar Dubrow, CPABlog
Well, after the midterm election results have settled for a while, I promised I would pipe in with my thoughts about what this means for tax policy moving forward. Here they are:
…
Yes, you read that right.
Despite what may seem like a fundamental shift in the makeup of Congress (the Republicans taking over control of the Senate) and the questions I’ve been asked of late that seem to imply that it will,
Read MoreOctober 27, 2014Skylar Dubrow, CPABlog
Last week, I wrote to you that we would be giving some attention to “tax planning”.
If you’re not entirely familiar with the term, it’s the process by which you make moves NOW (before year-end) that can pay off in significant savings by the time we actually fill out your tax returns for you in the winter or spring.
Read MoreOctober 13, 2014Skylar Dubrow, CPABlog
First, I’d like to put out a little mini-fire that’s been raging on the interwebs a little: No — Federal tax refunds are NOT being delayed until October 15, 2015.
Sometimes, satire is so close to what’s *actually* happened that it takes on a level of “truthiness” that gives it legs. That’s what happened here. An article from a website called “The National Report”
Read MoreSeptember 29, 2014Skylar Dubrow, CPABlog
I’ve recently received some emails expressing confusion about the current estate tax situation, and implications for elderly parents.
The facts are that many people will be caught uninformed about *exactly* what their options are for their families when they deal with caring for the elderly, esp. as it relates to their finances and estate. One of the biggest problems is that many folks are confused about the terminology involved —
Read MoreSeptember 22, 2014Skylar Dubrow, CPABlog
First of all, there’s this: http://www.usatoday.com/story/money/columnist/tompor/2014/09/21/susan-tompor-tax-refunds-will-be-cut-for-some-who-get-health-credits/15958211/
Health insurance is set to now become part of our tax preparation process. This is the opening salvo.
If you have friends who received one of these notices, we can help. Send them our way: (818) 889-7285
But moving on, I wrote a few weeks ago about the hidden financial mistakes which even some of our wealthiest clients fall into.
Read MoreSeptember 15, 2014Skylar Dubrow, CPABlog
In the course of our daily work here at The Dubrow Group, CPA’s, we not only work with tax forms and legal/financial documents a TON … but we also get a regular crash course, via those documents, on how people (our clients, mostly) have arrived to the place where they actually have something to *protect*.
In short, we get to be around a great many well-accomplished families.
Read More
Preparing a correct and accurate tax return is our priority. We proudly stand behind our work and if a mistake does happen that is our fault, we will immediate correct the mistake and gladly refund your money if requested.
If any penalties or interest are incurred due to our mistake, we will do everything we can to fix the problem and cover any penalties should they arise.
We feel so confident in our processes to account for all deductions and uncover hidden deductions that we guarantee that you will pay the lowest amount of taxes legally possible. We spend a good amount of time correcting and fixing other so called tax pros mistakes and oversights.
We are so committed to giving out clients the best service. We do this by taking thte time to understand our clients situation and asking the right questions to make sure every deduction is accounted for. And remember we work for you, NOT the IRS.
Not only do we prepare an accurate tax return, we will inform you of tax saving strategies and best record keeping practices should we see fit.
Starting January 1, 2017, all our returns come with our “Silver” Stress Free Audit Insurance, FREE with paid tax preparation. Our Silver package includes our full support when handling IRS and State Notices for the 2016 tax year. If you receive a notice, send it to us and we will work with you to organize the required documentation and we will respond to the IRS on your behalf.
“Many tax experts are predicting an increase in IRS audits (because of the system automation), as well as an increase in audits by the state”
Our Gold Package adds our representation for an actual IRS audit for the current year. Whether it be an “audit by mail”, or an actual audit at one of the IRS locations, we will work with you to compile all the necessary documentation and represent you in front of the IRS for no additional charge. Our fees to represent our clients in an audit scenario can range from $1000- $2500 & up depending on time and complexities.
Our Gold option is an optional add on service & not included with regular tax preparation. Gold protection covers the current tax year only regardless of when you get audited.
The IRS and state authorities are behind in auditing tax returns and matching reporting documents to tax returns.They are currently working on 2012 & 2013 years.
Our Platinum level package covers you for a period of 7 years. It Is just like our Gold package, but it includes the currtent year and 6 prior years. We will provide audit coverage for prior years tax returns, even if we did not prepare them.
How is that for taking care of our clients! Once the Platinum level package is purchased, only the gold level will be required in future years as the previous years have been protected by the one time Platinum purchase.