Safe Harbor CPAs Announces New Post on Preparing California Tax Returns for Businesses and High Income Individuals

Safe Harbor CPAs aims to be the best-in-class accounting firm in San Francisco. As high income individuals and businesses scramble to adapt to new tax situations, the firm is announcing a new post on preparing California tax returns.

Safe Harbor CPAs, a team of accountants in San Francisco, California, is proud to announce a new post on tax return preparation for California businesses and residents. The recent Pandemic has caused extensive changes in both federal and California tax laws. Thus, many businesses and high income individuals are scrambling to correctly take advantage of temporary tax changes.

“2020 is a year for the record books, and that includes some incredible changes to tax laws both at the California and federal level,” explained Chun Wong, Managing Partner at Safe Harbor LLP. “For this reason, we are excited to announce our latest blog post and even more to recommend that interested businesses and high income individuals reach out to us for a consultation on their tax preparation issues.”

Persons who would like to read the post can visit https://www.safeharborcpa.com/since-covid-19-there-have-been-many-changes-to-the-tax-laws-in-california. The post does not attempt to summarize the various tax changes here in California. Rather, it touches on the subject and then advocates that interested persons reach out to a tax advisor for a one-on-one consultation. Persons who would like to learn more about its tax advisory services can also visit the page at https://www.safeharborcpa.com/tax-advisor. 

CALIFORNIA AND FEDERAL TAX RETURN PREPARATION FOR SAN FRANCISCO BUSINESSES

Here is the background for this release.  California, like many states, has struggled with its response to the COVID-19 including changes in the tax system. This goes along with changes in the federal tax code, albeit on a temporary basis, including loans and grants to both individuals and businesses. In addition, many businesses have seen dramatic swings in their business income, both up and down. For this reason, businesses and high income individuals facing complex California and federal tax preparation issues are encouraged to not only read the new blog post but also to reach out to an accountant for a one-on-one consultation on their tax return preparation needs.

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 help 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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Source: California tax return preparation