The irony is that even many high income individuals or business owners fail to file their California and Federal tax returns.
San Francisco, CA (PRWEB) February 26, 2015
Safe Harbor LLP (http://www.safeharborcpa.com/), San Francisco's top-rated tax preparation service, has issued an alert on its website in response to the State of California's latest efforts vis-a-vis the failure to file tax returns. Unfortunately, many Californians do not file a tax return, and in some situations, this can result in serious fines or penalties.
“The irony is that even many high income individuals or business owners fail to file their California and Federal tax returns,," explained Chun Wong, CPA, managing partner at safe Harbor LLP. “We find that, unfortunately, many people even in San Francisco procrastinate and deny that the authorities will catch up with them. Sooner or later, however, the responsibility of filing tax returns becomes unavoidable."
To read the alert, please visit http://www.safeharborcpa.com/tax-filing-alert-san-francisco-california-filers/. For those who are delinquent in filing taxes, the best first step for any potential client is to reach out for a free phone consultation with a tax specialist by visiting the firm's website at http://www.safeharborcpa.com/ and clicking on free consultation.
A New Reason to File: Tax Refunds
One interesting point in both Safe Harbor's alert as well as the State of California's bulletin is that, in some cases, people do not file tax returns and yet are entitled to tax refunds. The psychological point is that many individuals make an emotional decision not to file, with little or no attention paid to the facts of their financial life. Safe Harbor's guiding principle for all its clients is to prepare them for all financial situations, and to minimize any tax surprises. Timely tax filing is one of the aspects of this philosophy. In addition, the firm works hard with any new client that is in a delinquent tax status to bring them current.
About Safe Harbor LLP – a Professional Tax Service in San Francisco
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
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