Quick Reminder: The Second 2024 Quarterly Payment is Due on June 17th, 2024 It’s time to make your second quarterly estimated tax payment for 2024! If you’re not covering your income tax through withholding or if your withholding isn’t enough to cover your total tax liability, it’s crucial to make this payment by June 17th, 2024. Below, we’ve provided links and information on how to make your payment. How to … Read more
California Pass-Through Entity (PTE) Elective Tax Payment: A Comprehensive Guide by CAPATA Qualified pass-through entities, including S corporations, partnerships, and LLCs, and their owners have the option to make an annual election to pay California’s pass-through entity elective tax (PTE) and receive associated tax benefits. To preserve the right to make this election for the 2024 taxable year, a prepayment must be made by June 17, 2024. Failure to make … Read more
Empowering Your Financial Future, One Investment at a Time We are thrilled to announce the launch of CAPATA Financial, a new branch of our firm dedicated to enhancing your financial future. This exciting development is led by our esteemed Financial Partner, Michael Collins. Meet Michael Collins Michael Collins joins us from Wells Fargo, where he served as a Financial Advisor and Financial Consultant in the San Diego market. At Wells … Read more
Important Update: New Beneficial Ownership Reporting Requirements Starting January 1, 2024 At Capata, we want to ensure you’re informed about a significant regulatory change that could impact your business. Effective January 1, 2024, the Federal Corporate Transparency Act (CTA) will require many U.S. businesses to report Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN), a bureau under the U.S. Treasury Department. Understanding the Corporate Transparency Act (CTA) … Read more
Navigating Business Formation: A Comprehensive Guide by CAPATA Introducing a Guiding Light in Business Formation: CAPATA – Your Southern California Accounting Partner Step into a world of possibilities with CAPATA, a renowned name in Southern California’s financial landscape. As your trusted accounting ally, we are committed to helping you shape your entrepreneurial dreams into reality. At CAPATA, we recognize the pivotal role business formation plays in crafting your future success … Read more
Beyond Paperwork: CAPATA’s Approach to Business Location Filing and Compliance Discover CAPATA: Your Southern California Premier Accounting Firm Welcome to CAPATA, your premier Southern California accounting firm. As a trailblazer in the field, we understand that your aspirations drive your journey. Our role is not just to provide accounting services, but to empower you in building the future you envision. From navigating complex financial landscapes to ensuring seamless business operations, … Read more
Maximizing Your Financial Potential: End of Year Tax Planning with CAPATA As the year draws to a close, thoughts turn towards holiday celebrations, cozy evenings by the fire, and the promise of a fresh start. Amidst this festive atmosphere, there’s one more essential task that deserves your attention: end-of-year tax planning. In this comprehensive guide, we’ll delve into the intricacies of end-of-year tax planning and reveal how CAPATA, Southern California’s … Read more
Navigating ERC Audits with CAPATA: Your Comprehensive Guide In the dynamic landscape forged by the COVID-19 pandemic, the Employee Retention Credit (ERC) emerged as a financial haven for businesses navigating tumultuous waters. Crafted within the framework of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this refundable tax credit emerged as a lifeline, empowering businesses to fortify their workforce in the face of economic uncertainty. Designed to aid entities … Read more
Mastering Your Finances: The Power of Quarterly Planning Welcome to CAPATA: Your Premier Choice for Professional Accounting Services At CAPATA, we’re more than just accountants – we’re partners in your financial journey. As the finest accounting firm in Southern California, we understand that success is built on meticulous planning and strategic execution. That’s why we’re here to introduce you to the power of Quarterly Planning. Quarterly Planning isn’t just a … Read more
