Lots going on this week. Namely… The tax filing deadline is Monday, April 15th. For any of our West Eldorado County business clients who haven’t yet reached out to us, we can still take you on by filing an extension on your behalf and then managing the filing after. But, remember, you still have to pay what you owe Tax Day or else you’ll wrack up penalties and fees. ALSO note this about April 15th… Estimated taxes for the first quarter are due. (Oh, and by the way, if you have finished your taxes with us, please let us know what you thought. We really appreciate it. Make us smile with a revie ..read more

Double-checking is a motto we live by here at EDH Tax Solutions. It’s just good sense when you’re dealing with complicated tax code and people’s returns. No one situation is quite the same with our clients.  And you can be sure we’re giving your tax filing a couple of different checks before we send it off to the IRS for you. That matters this time of year as we hustle to get returns submitted (or extensions in some cases).  Either way, we’re working hard for you. Unless you haven’t started your filing yet. Then, we’ve got different fish to fry… namely filing an extension so there’s ..read more

Well, since we’re in full deja vu mode right now with the presidential election bid and this year’s Super Bowl outcome… let’s talk about the Employee Retention Credit… again. Because this week is the deadline for withdrawing ineligible claims — March 22. That’s FRIDAY.  If you claimed and received the ERC, but were ineligible and need to repay it, you can go to the Voluntary Disclosure Program page and see if you can do that… and how to do it.  Believe me, this is serious. The fines and penalties are much worse if you don’t fix it in this window. As an advisor in your corner, k ..read more

No business management technique is sacred anymore. And rightly so. In my world, there’s been a trend in recent years with businesses moving away from traditional, fixed budgets towards more flexible approaches. I think that could be said for most tasks within business management. The ever-changing market landscape, economic uncertainties, rapidly developing technology, and the global scene are all forcing us to look beyond what our predecessors taught us. What challenges are you facing right now? I’d be really interested to hear about them: www.edhtax.com/schedule-appointment More on that in ..read more

When I see relevant stats that my West Eldorado County business owner friends should know about, I’m going to share them with you. (You already know I’m a numbers person, after all.) But first, a quick note about the business filing deadline. Namely, that it’s a week and a half away (on March 15th). If you haven’t started yet, let’s file an extension and get to work on things for you. Get on my calendar, ASAP, so we can get this knocked out for your business: www.edhtax.com/schedule-appointment Now back to that interesting stat… This week, I saw that 49 percent of small business owners report ..read more

Firstly — a quick reminder for those of you working under a corporate status: we gotta file those returns for you by March 15th — so help us help you. Send us anything we’ve been asking for … today? ? Second — there are less than 30 days before the ERC withdrawal deadline (March 22) is here. If you fell victim to the ERC mills and submitted a claim you shouldn’t have, there’s still time to fix that decision. If you’re not sure whether you submitted a bad claim, consider these warning signs: – You’ve claimed the credit for more quarters than you were actually eligible to do so or claimed for n ..read more

We’re less than a month away from March Madness. The NCAA recently released the tournament schedule with locations, if you’re wanting to see your favorite team play in person. Or you just want to mark it on your home calendar so your family knows you’ll be commandeering the living room TV for a few weeks. Something to mark on your office calendar, that’s also less than a month away: The March 15 S-corp and partnership filing deadline for 2023 taxes. And about two months from the filing deadline for every other kind of business. Have you started preparing your filing documents and filling ..read more

For a long time, the NFL was hands-off when it came to Las Vegas. They were unwilling to get anywhere close because of the long-time commissioner’s caution about the connections some big NFL names had with well-known mob connections.  Commissioner Pete Rozelle and his successors were adamant about their anti-sports betting stance. Major changes in the NFL’s attitude toward Vegas came, slowly but steadily. First with the Raiders finding a new home in its bright lights, and then the location for Super Bowl LVIII. Major changes come to every industry with the effects of technology and ..read more

The crescendo of the entire football season is coming up in two weeks, aka the Super Bowl (Sunday, February 11). It’s probably one of the most watched events in America.  This year will be no exception… and not just because Taylor Swift will be there cheering on her man. It’ll be a 2020-rematch, and the Chiefs will be on the hunt to win back-to-back Super Bowls (something only 8 teams in NFL history have accomplished).  Whether you watch to cheer on your favorite team, chuckle at the commercials, or see Usher perform at half-time — or if you decide not to watch it all — you know it ..read more

It seems business leaders aren’t worried about recession anymore. At least that’s what the annual World Economic Forum decided last week.  Economic experts and business leaders are saying that we’re not likely to see a U.S. recession in 2024. The Federal Reserve might lower interest rates soon, and people are feeling more confident about spending money, which is making everyone more hopeful about the economy.   I am hearing from plenty of El Dorado Hills, CA business owners, though, that they ARE worried about something else. There are a lot of acronyms flying around business o ..read more