Could the 2020 tax deadline be delayed? Both representatives from the Means Committee and the House Ways are calling upon Congress to extend the tax deadline for the IRS, taxpayers,…
Research & Publications
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…
Tax preparation Checklist
Tax season is back and you can start preparing as early as February 1st. Download our tax preparation checklist to make sure you have all the essentials so you can…
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…
QuickBooks Certified Professionals In Los Angeles
Getting QuickBooks certified is easier than most would think. After a 2-day course offered through QuickBooks, students and professionals are required to take an exam. Study and preparation material for…
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…
Upcoming Tax Changes for 2021
HSA Limits Every year, contribution limits for health savings increase due to inflation. 2020 we saw the emergence and impact COVID-19 had on world economies. Unemployment and bankruptcies soared, interest…