More than nine million people may qualify for tax benefits but didn’t claim them by filing a 2021 federal income tax return. Many in this group may be eligible to claim some or all of the 2021 recovery rebate credit, the child tax credit, the earned income tax credit and other tax credits. These and other tax benefits were expanded… Read More

Knowledge is a taxpayer’s first line of defense against scammers who pretend to be from the IRS with the goal of stealing personal information. Here are some facts about how the IRS communicates with taxpayers: The IRS doesn’t normally initiate contact with taxpayers by email. Do not reply to an email from someone who claims to be from the IRS because the IRS email address… Read More

PREMIER Financial Tax & Accounting Services have been providing tax and accounting services to the greater Los Angeles area since 2004. This year, we moved our office to Encino, CA and is looking to continue providing quality services to the resident of the City of Encino. We are unique in what we do. We listen… Read More

Ok. So, you ask what a tax accountant is. The short answer, a Tax Accountant is someone who has been train in preparing income tax returns and is an Accountant. Thus, the term Tax Accountant refer to someone that specialize in the tax laws, rules, and regulations. Ideally, a Tax Accountant training must include any… Read More

In real-time,  accurate accounting records tell you cash-on-hand and how good of a job you are doing managing and growing your business.   Why should I keep records? Good records will help you monitor the progress of your business, prepare your financial statements, identify sources of income, keep track of deductible expenses, keep track of your… Read More