Category Archives: Profit and Loss

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Santa Ana, CA Tax & Accounting Service

We are a boutique tax, accounting, and financial advisory services and tax relief firm that provides customized services. We are unique in what we do. We listen to our clients, assess their needs, and customized the services rendered. Income Tax...

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Is it too late to file my taxes?

Generally, it’s never too late to file your taxes. Now here is the catch. If you are due a refund and you don’t file, you have three (3) years to do so. If you do not file within the 3 years period, you lose your refund. Now, if you owe...

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What is Schedule C (Profit & Loss)? – Uber, Lyft, Taxi...

If you earned $600 or (someone pay you $600) or more, you were not an employee of a company or the person that paid you the $600, you are consider Self-Employed or an Independent Contractor for IRS tax filing. You will have to file Form Schedule...

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Income Tax Filing for Smart Uber & Lyft Drivers

Most Uber and Lyft drivers, as well as other gig workers, approach tax filing by simply waking up one day, gathering receipts scattered around, or pulling out documents they’ve stashed away somewhere. Bam! They’re ready to file their tax...

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