Stay informed with lorenzo tax & consulting services
Welcome to the Lorenzo Tax & Consulting Services blog, your go-to resource for the latest tax news, insights, and guidance. We aim to empower individuals, self-employed professionals, and small business owners with the knowledge they need to navigate the complexities of taxes and financial compliance. Explore our articles to stay ahead and make informed decisions.
Personal tax education
Stay informed on topics that affect your everyday finances. We cover everything from understanding tax brackets and required filing documents to avoiding common mistakes. Learn how life changes like marriage, new children, or job changes can impact your taxes. We aim to provide clear, easy-to-understand guidance so you can confidently manage your personal tax responsibilities. Contact us at 951-634-2330 or info@lorenzotaxconsultingservices.com if you have any questions.
Self-employed & 1099 tax guidance
Navigate the complexities of self-employment taxes with our expert guidance. Discover what deductions you can claim, how to handle quarterly estimated taxes, and the ins and outs of filing a Schedule C. We provide essential recordkeeping tips and strategies to help you avoid penalties as a 1099 worker. Visit our website at lorenzotaxconsultingservices.com for more resources and support.
Small business & startup taxes
Understand the unique tax landscape for small businesses and startups. Learn about choosing the best business structure for tax purposes, identifying ordinary and necessary expenses, and differentiating between business and personal taxes. We cover when to file 1065 or 1120-S returns and provide actionable tips to ensure your business stays compliant as it grows. Contact Kareen at Lorenzo Tax & Consulting Services for personalized assistance.