IRS has a new $600 Form 1099 Reporting requirements for Third Party Network transactions ie Venmo, CashApp, zelle, apple pay, Paypal. This is for “sales of goods and services”, this is not for payments to reimburse friends and family. American Rescue Plan Act of 2021 No new tax law, this will just now make the IRS aware that you have this income, so if it does not end up on your return, the IRS will be asking for it. https://youtu.be/uYyUhvvL0ckhttps://eataxresolutions.com/   01/06/2022

This is an important one here, a lot of current and to be business owners need to hear. There is a big misconception about LLC and the way they "save" you on taxes. Be sure to check this one out. https://www.youtube.com/watch?v=8sipfVVF-EI   https://eataxresolutions.com/   #LLC #tax #taxes #businessowners 01/03/2022

Run through an example where the taxpayer forgot to include stocks on his return, and the IRS gave him a fun notice.  I go A-Z on how to respond to these things properly to pay the correct amount, in this case $15k less.  https://www.youtube.com/watch?v=1MXWOHExTT0   https://eataxresolutions.com/   #tax #IRS #CP2000 #turbotax 12/16/2021

IRS Proposed amounts are scary, but there are ways to reduce those and here are the issues that have that as a possibility.  Check it out!  https://youtu.be/vFHNGfVDvUI   #IRS #CP2000 #Notice 12/09/2021

When buying a home, particularly if you're a first-time buyer, the home loan process can seem daunting. There are many things to consider, and if you haven't got previous experience, it could get confusing.We help you answer some of the most common mortgage questions.How Much Down Payment Will You Need?While it was traditionally a requirement to have a 20% down payment, that is no longer the case. In fact, if you qualify for the VA loans or USDA loans programs, you could buy a house with zero down. It is a good idea to save money for a downpayment regardless of how much you are putting down.FHA mortgage loans allow you to buy with only a 3.5% down payment, and even some conventional loans have a minimum of 3% down. However, there are some advantages to finding a larger down payment, lik... 10/07/2021

If your employer offers the Dependent Care FSA and you are paying for daycare, take advantage! Check out this video to learn why, and how this works.  https://youtu.be/2PnvgRfQrks   Eataxresolutions.com   Anthony Fontana CPA 800-245-0596   #FSA #DependentCare #Tax 09/18/2021

Ever wondered about the differences between the FSA or HSA? Well, check out the video to decide! https://youtu.be/X0zUj7w0Phg  #FSA #HSA #HSAvsFSA eataxresolutions.com Anthony Fontana CPA800-245-0596 09/06/2021

In this video, I explain what needs to be done if you owe back taxes. Check it out!https://www.youtube.com/watch?v=i33fOD58wnM&t=12s https://eataxresolutions.com/ Anthony Fontana CPA800-245-0596    08/30/2021

In this video I will be explaining how to fill out the updated IRS form 656 for 2021. We will be going line by line through the form, to be sure you understand how to fill this out. The IRS form 656 is used to file an IRS offer in compromise. It’s the contract that lays out the terms of the tax settlement.https://youtu.be/DHbfhlul-vE Anthony Fontana CPA800-245-0596eataxresolutions.com #tax #IRS #offerincompromise  08/20/2021

If you are looking to settle you taxes with the IRS, then most likely you will need to fill out the IRS Form 433-A OIC. This video is a step by step guide on how to fill it out.  https://youtu.be/hy8c-iA9AD4   eataxresolutions.com   Anthony Fontana CPA 800-245-0596   #irsofferincompromise #IRS #Tax 08/12/2021

The infamous IRS form W9. Well, here's how to fill it out. https://youtu.be/Dro10zR5-sQ #W9 #IRS #tax eataxresolutions.com Anthony Fontana CPA800-245-0596 08/10/2021

Newport Beach, located in Orange County, California, is typically described with outstanding and excessive hyperbole. . . . Learn about the refined appeal of Newport Beach, California. Once you've had a taste of the perfect life, you'll go back for more. Our activities range from sunset cruises and surf instruction to wine tastings and harborfront promenades. . . Newport Beach is made up of ten different communities, each with its own personality, natural beauty, and tale to tell. “Paradise is what we call it.”It sounds too wonderful to be true, doesn't it? See whether that is the case. . . Is it true or is it not true? Overview of Newport BeachOrange County's Newport Beach is known for its surfing, beautiful beaches, and recreational harbor. It is located nine miles southwest of Irvine... 08/10/2021

Once you have navigated your way through the selling and home buying process, there is still the not inconsequential task of actually moving. Moving home is tough and physical work, that isn't for everyone. There are many steps before the move to keep you organized. Even if you are willing to do the work, you might still be better off hiring professional movers.Choosing to employ moving companies to move your stuff should make an already very stressful day quite a lot easier. Professional moving services can take care of all the important aspects of your move so that you have fewer things to worry about. You will want to organize your move as much as possible before packing up your possessions.Packing MaterialsWhen you hire moving companies, they will provide the moving boxes and packin... 04/01/2021

Linda Isle, Newport Beach, California Neighborhood PostNeighborhood InformationLinda Isle is a historic U-shaped island in the Lower Newport Bay section of Newport Beach, California. The island has a single gated bridge that connects the island to the mainland. The island serves as an exclusive luxury subdivision home to some of the most affluent families in the city. These residences are some of the most affluent real estate options within the city featuring multi-million dollar price tags. All homes come with a small dock where you can park your yacht. Designs and architecture of these homes include custom home builds and more traditional Mediterranean home designs common in the region. These residences feature multi-floor home builds, spacious floor layouts, multiple bedrooms and bat... 11/22/2020

Port Streets, Newport Beach, California Neighborhood PostNeighborhood InformationPort Streets is a masterfully crafted cul de sac subdivision in the city of Newport Beach, California. The neighborhood is conveniently in the city's heart, close to the various attractions in Newport Center. Borders of the neighborhood include Ford Road, San Miguel Drive, MacArthur Boulevard, and Baywood Apartments. The neighborhood is an attractive option for professionals working in the region in the market for a family-friendly community detached from the busy tourist-heavy sections of the city. Residents also enjoy access to well-built outdoor spaces and various school options within and around the suburb.Check out the original neighborhood post at https://beachcoast.com/. Community Amenities and Nearb... 11/22/2020

Corona Del Mar, Newport Beach, California Neighborhood PostNeighborhood InformationCorona Del Mar is a waterfront neighborhood occupying the southern portion of Newport Beach, California. The majority of the suburb's coastal areas face Newport Bay, which is lined by small ports and marinas. There are also a couple of exclusive beaches in the southernmost areas of the community. The neighborhood is primarily a residential district that incorporates several suburban developments and luxury subdivisions.Although a coastal community, there are a limited number of waterfront properties in Corona Del Mar. Most subdivisions in the neighborhood are a lot more similar to suburban developments, with single-family homes lining cul de sac streets. Home designs in these areas haveCheck out the origi... 11/22/2020

Balboa Peninsula, Newport Beach, California Neighborhood PostNeighborhood InformationBalboa Peninsula is a long stretch of land that protects Newport Bay, lining Newport Beach, California. The peninsula serves as the city's primary waterfront attraction and features a long stretch of beautiful white-sand beaches. Homes in this community cater to buyers interested in living close to the ocean or investors looking to leverage the area's thriving tourism industry. Home designs in this section of the community are uniquely built to withstand strong ocean storms that regularly pass through the region. Mediterranean designs are prominent in the area, but some custom builds feature outdoor balconies where you can lounge to enjoy the fantastic ocean views.Check out the original neighborhood pos... 11/22/2020

One Ford Road, Newport Beach, California Neighborhood PostNeighborhood InformationOne Ford Road is a premier residential neighborhood in the eastern part of Newport Beach, California. The area is to the north of the Big Canyon Country Club and east of the East Bluff subdivision. The community is beautifully designed with upscale single-family homes. These luxury residences feature award-winning designs and exquisite exteriors. Homebuyers looking at purchasing a house in the high-end real estate market within the city of Newport Beach will surely find fantastic home options within this community. Check out the original neighborhood post at https://beachcoast.com/. Community Amenities and Nearby LandmarksThe master-planned community of One Ford Road is designed to provide fantastic amenit... 11/22/2020

We are well into the fall season, and just beginning to see some cooler temperatures. Homebuyers are continuing to search for homes with very little inventory. Interest rates are competitive and it is an excellent time to buy. Top real estate bloggers across the country continue to share up to date information to provide education about the home buying and selling process. We hope you enjoy this month's Best Real Estate Articles for September 2020.The Importance of Being Specific with Repair RequestsAfter you have a home inspection, the buyer has the option to request repairs from the seller. The seller may or may not agree to repair anything on the property. Then a buyer has a decision to make about whether or not they will proceed with the purchase. Conor Macevilly has written an exce... 10/27/2020

As we are now officially in the fall season, real estate continues to be extremely busy. Homebuyers are looking for homes and there is very little inventory. Interest rates continue to be competitive and it is an excellent time to consider purchasing a property. Real estate bloggers across the country continue to share relevant real estate information with you all to help you stay educated during your real estate transaction. I hope you enjoy this month's edition of the Best Real Estate Articles.9 Ways to Manage Cold Feet When Buying A HomeIf you are considering purchasing a home, then it is not unusual to get cold feet about different parts of the home buying process. Ryan Fitzgerald has written an excellent post about 9 Ways to Manage Cold Feet When Buying A Home. In this article, Rya... 10/10/2020