Alvarez & Co CPAs, P.A.

10/24/2023

🌬️ Windfall Wisdom 💰: Receiving a big sum of money can be tempting, but it's essential to make smart choices. Avoid impulse buys, consider taxes, and plan for the future.

10/20/2023

Moving out of state? Consider taxes first! Different states have varying taxes - income, property, sales, and more. Establish legal domicile in your new state to avoid double taxation. Business owners, think about state taxes in a business sale. Research and plan to avoid tax surprises!

10/16/2023

🚨 Reminder: Today is the extension deadline for filing your 2022 personal and C Corp tax returns if you requested an extension back in April. ⏳ Don't miss this final opportunity! 📝💼

10/14/2023

🏡 Home Office Deductions 🧾: If you're self-employed or run a business from home, you could save on taxes! Learn how to qualify, track expenses, or use the simplified method. It's a valuable deduction for eligible folks. For more info, contact us! 💼

02/12/2023

Do you need to file a 2022 Tax Return? Find out on our newsletter article! (3 min. read)

Take a look at our Newsletter page. Alvarez & Co. CPAs, P.A. is a full service tax, accounting and business consulting firm located in Hollywood, FL.

11/10/2022

Electric cars are becoming ever-more popular thanks to shifting interests in the car industry (and in Washington)…

Because of the Inflation Reduction Act, if you’re thinking about investing in an electric vehicle, you could qualify for a special EV tax deduction.

But as is the case with many deductions, there are some (ahem) … details you’ll have to sort through to determine eligibility.

Our team has some experience with that if you want to flesh it out. Let us know.

09/23/2022

When one window closes...
..it stays closed. For extended 2021 tax return filings, that is. That's why they call it a deadline. And it happens in just under THREE weeks.

What -- did you think we were going to be inspirational with a big tax deadline approaching?
We're in the FACTS business, you know, and for your sake.

09/19/2022

"Great things in business are never done by one person. They're done by a team of people."
- Steve Jobs
We like to think we're part of your team, doing our part to help your business, your family, and your community become something great.
And it's a privilege to do so.

09/15/2022

Due dates have a way of sneaking up on you. Hopefully, this one didn't.

Third-quarter estimated tax payments (for June 3rd through August 31st income) are due today, September 15th.

06/24/2022

When it comes to holding onto tax documents, hit a balance of complete and adequate records stored neatly.
- Most obviously, keep the state and federal tax returns you filed.
- Save anything that backs up what’s on your return (Forms 1099, W-2s, and other income statements).
- Keep any 1099-Bs or 1099-INTs that you got from banks, brokerages, and investment firms.
- Confirmation slips or statements for any mutual fund shares, stocks, or other securities you bought or sold.

03/10/2022

Time is flying by, and you have less than 5 weeks until your tax return is due. Though we're busy, we can still make space in our schedule for you -- but please do contact us soon.

02/17/2022

Office space can be a big part of owning your own business. It can be a pretty big expense, too… And of course, the past two years might have changed how you do business in that office – a lot.
Maybe you have more people working from home. Maybe you’ve had to lay off some, at least for now. Odds are good that if you take a peek out over your office these days, you won’t see what you saw in 2019.
It might be time to ask: Do I still need as much office space?
And if your answer is "maybe not," we can take a look at your situation and help you decide if you should downsize.