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Retirees with pension income: Do a Paycheck Checkup

Retirees with pension income: Do a Paycheck Checkup

by 5 Star Accounting & Business Solutions LLC | Tax

If you’re a retiree, you should check to make sure you’re paying enough tax during the year. The Tax Cuts and Jobs Act changed the way tax is calculated for most taxpayers, including retirees.   Because of this law change, if you receive a monthly pension or...
Take an active role in your community and become a tax volunteer — a chance to touch many lives

Take an active role in your community and become a tax volunteer — a chance to touch many lives

by 5 Star Accounting & Business Solutions LLC | Tax

Are you looking for a volunteer opportunity in your community? Here’s your chance to lend a helping hand. You can learn to prepare taxes and make a difference at the same time by becoming a volunteer with the Volunteer Income Tax Assistance (VITA) or Tax Counseling...
Taxpayers can follow these steps for using the Withholding Calculator on IRS.gov

Taxpayers can follow these steps for using the Withholding Calculator on IRS.gov

by 5 Star Accounting & Business Solutions LLC | Accounting, Business, Tax

The IRS encourages everyone to use the Withholding Calculator to do a Paycheck Checkup, which is even more important this year because of tax law changes. Taxpayers who haven’t yet done this can follow the steps below for using the calculator.   Results from the...
IRS Get Ready campaign — take steps now for 2019 tax filing season

IRS Get Ready campaign — take steps now for 2019 tax filing season

by 5 Star Accounting & Business Solutions LLC | Accounting, Business, Tax

There are important changes that you need to know before the 2019 filing season begins. The IRS is launching the fall series of “Get Ready” communications and outreach messages to help you take action to file your tax returns timely and accurately next...

Preparing for 2017 Taxes: 5 Things You Can Do Now

by 5 Star Accounting & Business Solutions LLC | Accounting, Business, Tax

Your income tax obligation needs to be on your mind year-round. Here are some ways you can get a jump on your 2017 taxes.   Summer’s over. The kids are back in school. And soon, there’ll be only three months left in 2017. If you haven’t started thinking about how...
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A Checklist for Roseville Business Owners: What Do I Need to Bring to My Tax Appointment?

 Key Takeaways Personal and business identification details, including Social Security numbers and business IDs Complete income records Documentation that supports deductions, credits, and major purchases New forms and records required for the...

What’s The Last Date For Employers To Send Out W-2 & 1099 Forms to Roseville Employees?

Key TakeawaysW-2s and 1099-NECs must be sent to workers by February 2, 2026 (for the 2025 tax year). Those same forms must also be filed with the government by February 2, 2026, whether you file electronically or on paper. If you file 10 or more total...

How Many KPIs Should You Have For Your Roseville Business?

Key TakeawaysYou only need 5–9 true KPIs for effective 2026 planning. KPIs should connect directly to a specific financial or strategic goal. Too many KPIs dilute focus and slow decision-making. The right KPIs help you act earlier, not just analyze...

Season’s Greetings From 5 Star Accounting & Business Solutions LLC

Season’s greetings from the 5 Star Accounting & Business Solutions LLC team. For you and me both, this week can feel like a blur – balancing the holiday rush with the administrative wrap-up of the year.And while it’s rather fast-paced here at 5 Star Accounting &...

What Are The Year-End Tax Moves to Make Now For Roseville Business Owners?

Key TakeawaysIt’s not too late to create meaningful savings with these year-end tax moves to make now, but your options are very timing-sensitive. Low-cost, in-stock equipment and supplies are the most realistic last-minute purchases that can still be deducted...

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