One of the main questions that was stated with a new President, is how do taxes affect the economy in the short run? With tax cuts in effect, it can…
Category: Financial News
Tax Plan For Profit
By now we have been all educated on the proposed tax plan that President Biden had in place that would primarily affect corporations. After Janet Yellen had analyzed this plan,…
Receive Your Stimulus Check Yet?
Did you receive your stimulus check? Many Americans have been wondering why they have not received their stimulus check and have been trying to find out why they have not…
New Tax Increases
The major task that was at hand when Joe Biden came into office was to prevent the further ballooning of the U.S. economy and chip away at the debt at…
Bookkeeping Basics To Level Up Your Business
Whether you are running a start-up company or an established business, decision-making based on accurate financial reports is key for any business to move forward. Your bookkeeping should provide accurate, up-to-date…
Make Your Tax Appointment!
The IRS struggles every year during normal tax seasons, add in the virus-related provisions and the agency’s strained resources, and we have the perfect storm. Millions of American taxpayers will…
8 Write-Offs, Unfortunately, You Cannot Write Off On Your Taxes This Year
There are a lot of things you can write-off as a business expense, but not everything qualifies. A lot of people don’t know what qualifies as they don’t understand where…
What is and Who needs Financial Accounting?
Financial accounting involves a process of recording, summarizing, then reporting any and all transactions that result from business operations. Over a period of time, financial accountants will prepare a balance…
Tax Deadline In Los Angeles
2020 Quarter 4 Tax Deadline: January 15, 2021 Days Hours Minutes Seconds What is the estimated tax method?Estimated tax method is used when an individual has income that is not…
2021 Checklist
At MBA Financial & Accounting Solutions, we want to make sure that you are well equipped to enter the year 2021 in the right direction. The year 2020 has been…