Tax Planning & Compliance Blog Posts from the Tax Firm, Moskowitz LLP

California’s “Exit Tax” Explained

Posted on November 24, 2020December 6, 2021 by Moskowitz LLP Posted in State & Local Taxation, Tax Planning & Compliance

California is in the midst of a significant overhaul of its tax code, and there’s one bill in particular that has lots of people talking. Assembly Bill 2088 (AB 2088), which was introduced in Sacramento in August of 2020, would impose the state’s first wealth tax. And more controversially, it...

November 2017 Tax Planning News From Moskowitz LLP

Posted on November 17, 2020August 26, 2022 by Moskowitz LLP Posted in Tax Planning & Compliance

Section 1: Tax Planning Section 2: PPP Loans for $50,000 or less Section 3: Donating Stock to Charities Section 4: Retirement Savings for Small Business Owners Tax Planning ‘Failing to Plan is Planning to Fail’ ~ Benjamin Franklin Franklin also wrote that “nothing is certain but death and taxes.” He...

Common Types of Business Structures: Why They Matter

Posted on November 17, 2020November 24, 2020 by Moskowitz LLP Posted in Business Law, Tax Planning & Compliance

If you’re considering purchasing an existing business or starting a new one from scratch, you’re going to need to consider what form of structure your business will take. There are several different types of business entities commonly used in the U.S., and each has its specific applications and advantages. The...

End of Year Tax Planning 101 – It Pays to be Prepared

Posted on November 10, 2020September 23, 2022 by Moskowitz LLP Posted in Tax Planning & Compliance

Although everyone’s financial and life situation is unique, the following are examples of tax opportunities and strategies that may be helpful to lower your overall tax burden. Individual taxpayers, please consider: No. 1 Tip: Have You Prepaid Enough Tax for 2020? One of the reasons for doing year-end tax planning...

End-Of-Year Tax Planning Strategies for Individuals, Families and Businesses

Posted on October 23, 2020November 10, 2020 by Moskowitz LLP Posted in State & Local Taxation, Tax Planning & Compliance

October isn’t traditionally the time most of us think about our taxes. But a little planning and forethought now can help to reduce your tax burden next April. Here are a few handy tips for individuals, families and businesses to help you stay a step ahead on your taxes—and save...

July 15 Tax Deadlines: Deadlines to File, Deadlines to Pay

Posted on July 7, 2020October 27, 2020 by Moskowitz LLP Posted in Distressed Business/COVID-19, Estate Planning & Taxation, State & Local Taxation, Tax Planning & Compliance, Tax Services

Tax Returns and Tax Payments are Due on or Before July 15, 2020. So, with July 15th fast approaching, it is important to understand that the day is more than just the deadline for filing your 2019 tax return. It is also the deadline for payment of your 2019 taxes,...

Video: Moskowitz LLP Will Help You By Working With The IRS For Covid-19 Tax Collection

Posted on June 4, 2020January 15, 2021 by Moskowitz LLP Posted in Distressed Business/COVID-19, Estate Planning & Taxation, Tax Planning & Compliance, Tax Services

The IRS just announced it is returning to aggressively collecting taxes. Moskowitz LLP will go to the government, federal and state, to work out a deal so you can support your family, and run or restart your business. If you are a distressed business, they will negotiate with your creditors...

Video: Moskowitz LLP Can Help With Your Tax Relief Programs During the Coronavirus Pandemic

Posted on May 19, 2020January 15, 2021 by Moskowitz LLP Posted in Distressed Business/COVID-19, State & Local Taxation, Tax Planning & Compliance, Tax Services

Challenging times can force your business or personal tax situation into peril. If you're facing tax issues in your business or personal life, the lawyers at Moskowitz LLP are here to help you. Whether you're seeking to take advantage of current COVID-19 related tax relief programs, can't pay your taxes,...

Timely Advice on Taxes and Estate Planning During this Challenging Era

Posted on May 5, 2020January 15, 2021 by Moskowitz LLP Posted in Distressed Business/COVID-19, Tax Planning & Compliance

COVID-19 caught most people and businesses off-guard and unprepared. This newsletter provides you with some additional resources as well as timely information regarding Estate Planning Opportunities and Tax Matters. We are hearing from most businesses and individuals that cash flow has dried up. Interestingly, so far there do not appear...

What Do You Do If You Can’t Pay Your Taxes?

Posted on April 28, 2020April 28, 2020 by Moskowitz LLP Posted in Tax Planning & Compliance, Tax: Audits, Litigation & Collection

Even successful business owners sometimes find themselves with a tax bill they cannot pay. April 15th is just around the corner, and many people – particularly small business owners – find that they owe taxes that they are unable to pay. As a tax law firm, we have many clients...

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Category: Tax Planning & Compliance