May is an excellent month for small businesses and higher income individuals to think about long-term tax planning!
San Francisco, CA (PRWEB) May 20, 2014
Safe Harbor LLP (http://www.safeharborcpa.com/), a top San Francisco CPA firm, has published their informative May tax tips newsletter for San Francisco individuals and businesses.
“With April behind us, May is an excellent month for small businesses and higher income individuals to think about long-term tax planning,” explained Chun Wong, CPA, managing partner at Safe Harbor LLP. “We have been posting our Tax Tips newsletter to our site on a monthly basis to great success.”
To read the ‘May Tax Tips Newsletter,’ please visit http://www.safeharborcpa.com/san-francisco-tax-bulletin-may-2014/.
May, 2014 Tax Tips for San Francisco
Among the items discussed in this month’s lively San Francisco tax tips bulletin are the following. First, so-called ‘Liquid Alts,’ which are liquid investments such as those by hedge funds, mutual funds, and ETFs. Such funds may, or may not, have tax implications. Second, the issues surrounding annuities and IRAs. Finally, a topic near and dear to small businesses is discussed: expense accounts and taxes. Many San Francisco residents participate in small businesses and need to understand what can, and what cannot, be legally expensed.
IRS Circular 230 Notice
The Internal Revenue Service requires Safe Harbor LLP to inform the reader that any tax advice contained in this correspondence cannot be used for the purpose of avoiding penalties under the Internal Revenue Code or for promoting, marketing or recommending to another party any transaction or matter addressed.
About Safe Harbor LLP – a Professional CPA Firm 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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