MVP Tax Professionals

10/18/2026

The Go-Giver
By Bob Burg and John David Mann

Such a great little book!

10/16/2026

2025 tax season is officially behind us!

I want to express my deepest gratitude to every client who placed their trust in our office this year.
Thank you so much for your patience and for your understanding messages while my family was going through a challenging time. We truly did it together!

Life is slowly falling back into place, and we are beyond grateful for your support—you guys rock! Even while I am away on a secluded island recharging my batteries to give you the best service possible, please know you can always count on me for your tax planning needs.
Looking forward to coming back stronger for you!

10/15/2026

Why Many People Think They’ll “Get Money Back”

A common misconception is that forming an LLC automatically creates large tax refunds. In reality:

1. LLCs don’t create refunds—income and expenses do.
Refunds come from overpayment of taxes, not from the business structure.
Pass‑through taxation simply moves business profit to your personal return.

2. LLC owners often owe more tax, not less.
Default LLC taxation includes self‑employment tax, which is 15.3% on net earnings (Social Security + Medicare)
This surprises many new owners who didn’t expect quarterly estimated payments.

3. Deductions reduce taxable income—not create cash.
LLCs can deduct legitimate business expenses (home office, supplies, travel)
but deductions only reduce tax owed. They do not generate refunds unless you overpaid during the year.
4. California adds extra costs.

California residents, note that the state charges:
$800 annual LLC franchise tax, regardless of income.
This often eliminates the idea that an LLC “pays you back.”

What You Do and Don’t Get with an LLC
You get:
Personal liability protection for business debts and lawsuits
Flexible tax options (sole prop, partnership, S‑corp, C‑corp)
Pass‑through taxation by default, avoiding corporate double taxation

You don’t get:
Automatic tax refunds nor Free money
Special deductions unavailable to non‑LLC businesses
Exemption from self‑employment tax

What to Consider Next
If your goal is tax savings, the key question is:
Do you expect enough profit for an S‑corp election to reduce self‑employment tax?

We can walk you through that decision when you are ready.

10/15/2026

Filing Season Starts Here
Business Tax Year 2026 pre-filing is underway.

Don't wait till last minute, start tally up those expenses to your contractors, gather the information needed to file your 1099 NEC on time.

Review W-9 information
Validate information is correct
Reconcile mandatory withholding if any
Tax 2026 requirements is if you pay over $2000 to a contractor, you must file the form.

As always, we like to be proactive and offer support to all our business clients with their filings. We can do from collecting information to filing your 1099s.

10/14/2026

COMPLIANCE ALERT

Do you own a LLC, S-Corp, Corporation?

Your Annual Report
Deadline Is Approaching
Stay ahead of your filing deadline and protect your good standing.

As 1505 agents with the state and can help you with all your filing needs, stay in compliance, work in peace.

Eres dueño de una empresa?
Tu reporte anual con el estado se acerca, evita multas y penalidades.

Como agentes 1505 con el estado, te ayudamos con todo el papeleo y mantener tu compañía en order, trabaja en paz, deja el resto a nosotros.

Call us/email us, we are here to help.

(951) 297-1615

Welcome Welcome to MVP TAX PROFESSIONALS Veteran-Owned. Community-Driven. Excellence Delivered. At MVP TAX PROFESSIONALS, we bring precision, integrity, and heart to everything we do. As a veteran-owned firm, we proudly serve individuals, families, and businesses with expert guidance in tax preparat...

10/10/2026

Is this really making our job easier? NOT!

10/06/2026

Business owners!
Stay compliant without the stress. MVP Tax Professionals offers tax, notary, insurance and California 1505 Registered Agent services.

Dueños de negocio!
Manténganse al día sin complicaciones. MVP Tax Professionals ofrece impuestos, notary, seguros y servicios de Agente Registrado 1505 en California.

We receive your legal notices and state reminders, so nothing slips through the cracks.

Recibimos tus notificaciones legales y avisos del estado, para que nada se te pas

MVP Tax Professionals — tax, notary, insurance and 1505 Agent services… all under one roof.

MVP Tax Professionals — impuestos, notary, seguros y Agente 1505… todo bajo un mismo techo.

MVP Tax Professionals
43180 Business Park Dr. Suite 103
Temecula, CA 92590
Phone: 951‑297‑1615

Welcome Welcome to MVP TAX PROFESSIONALS Veteran-Owned. Community-Driven. Excellence Delivered. At MVP TAX PROFESSIONALS, we bring precision, integrity, and heart to everything we do. As a veteran-owned firm, we proudly serve individuals, families, and businesses with expert guidance in tax preparat...

09/30/2026

Senate Passes Taxpayer Assistance and Service Act

The U.S. Senate today passed the bipartisan Taxpayer Assistance and Service (TAS) Act by unanimous consent, marking an important step toward significant reforms affecting taxpayers, tax professionals and IRS operations.

The legislation includes more than 60 provisions designed to strengthen taxpayer rights, improve IRS service and modernize tax administration. The Senate Finance Committee previously advanced the legislation with strong bipartisan support in a 26-1 vote.

The bill now moves to the U.S. House of Representatives for consideration.

09/29/2026

MVP Tax Professionals offers year‑round support for individuals and businesses. We walk you through every step—from getting started to long‑term guidance and tax planning for your business and personal returns.

Our services include:
• Income tax preparation individuals and businesses
• Payroll services
• Insurance services
• 1505 agent services
• Notary services, including wills and trusts

MVP Tax Professionals ofrece apoyo durante todo el año para individuos y negocios. Lo guiamos en cada paso, desde el inicio hasta el acompañamiento continuo para su empresa y planificación fiscal.

Nuestros servicios incluyen:
• Preparación de impuestos personales y de negocio
• Servicios de nómina
• Servicios de seguros
• Servicios como agente 1505
• Servicios de notaría, incluyendo testamentos y fideicomisos

Located at 43180 Business Park Dr. Suite 103, Temecula, CA 92590
Phone: 951‑297‑1615
Website: www.mvptaxprofessionals.com

09/11/2026