Blog
Labor Tax Updates By Darryl A. Hale, EA, MBA, MST
Everything about this year since March has just felt a little ... off. And I mean aside from all of the cultural and political turmoil we're living through. The seasonality of everything feels different too. Pro sports are out of sync, "back to school" season surely...
How San Diego Taxpayers Can Lower Their 2020 Tax Bill
Finally, the IRS issued guidance on Friday evening about payroll tax deferrals. And, as we've been communicating ... this may not be a very helpful program for most San Diego taxpayers. In fact, it's actually up to employers (not employees) whether or not to withhold...
Controlling Your Tax And Financial Strategy In The Midst Of Chaos By Darryl A. Hale, EA, MBA, MST
Still no guidance from the IRS about the payroll tax "holiday" (deferral), so it's extremely unlikely that your San Diego employer will be ready -- simply because the major payroll companies (Paychex, ADP, Gusto, and many others) don't have the answers to many...
How To Ensure San Diego Families Are Prepared For Chaos
Summer is nearing an end, but this has been no ordinary summer.Everywhere, parents are scrambling in the most unusual "back to school" season in memory. Fall sports are in limbo, and others (MLB, NHL, NBA) are operating in a weird Twilight Zone mode. Urban centers are...
Truth and Fiction About the Trump Payroll Tax Cuts For San Diego Taxpayers
Right now we're living through an age in which media trust has been thoroughly decimated. "Expert" authority itself is being questioned (in many cases, rightly), and misinformation is rampant.That's perhaps one of the reasons I've received so many visits to this...
Now Is The Time For An Estate Plan For San Diego Taxpayers
Right now, it's almost impossible to escape the conflict, the noise, and the shaming over various cultural decisions we're having to make. Lockdowns, schooling, more economic stimulus, elections, vaccines -- it's all enough to drive you crazy if you pay close...
Darryl A. Hale, EA, MBA, MST’s Guiding Principles For Teaching Kids About Money
However you slice it, the schooling situation right now is tough, with no good options.If you are vehemently in favor of full-on school ... well, compassion would dictate that you would recognize that others are having more difficulty with that, for caution's sake or...
A Strategy For San Diego Taxpayers With A Higher Than Expected Tax Bill
Taking a look around the world these days, and where things seem to be headed...But our heads are high here at Top Hat Tax & Financial Services because we worked our tails off for our San Diego clients this year. We helped a bunch of people save a ton on their...
Reflections On The Extended Tax Season By A Local San Diego Tax Professional
I remember at the end of April 2019 that I felt like it had been one of the wildest tax seasons in memory. The TCJA ("Trump Tax Code") had thrown a ton of curveballs our way, and we were looking forward to implementing tax planning strategies for our San Diego clients...
The End of Tax Season, Estimated Taxes, And Unemployment Compensation by Darryl A. Hale, EA, MBA, MST
I'm still emotionally adjusting to the fact that we just went through 4th of July weekend ... and "tax season" is STILL GOING.I'm thankful for it, because I also know that extending the deadline during this wild, intensely difficult year (for so many) was a rare...
Darryl A. Hale, EA, MBA, MST’s To-Do List If You Can’t Pay All Your Taxes
Some of our San Diego clients are STILL pulling their paperwork -- which is understandable during this donkey of a year, and with all of the new complications.But sadly, ye olde IRS isn't extending any payment grace in a couple weeks. (I say "sadly", but here at Team...
Why Procrastination Makes Sense in 2020 For San Diego Taxpayers
We've had impeachment votes, worldwide pandemics, quarantine-like lockdowns (for the healthy), public police brutality, widespread protests, intense riots, MURDER HORNETS, statues falling, social media anger and now we have a drunken and murderous monkey to top off...