CPA Los Banos answers the questions people in Los Banos and the west side of Merced County ask before and while they work with a CPA.
It is set up as a list of questions rather than a blog. Each answer starts with a short version and then explains the details, with the rule and the agency behind it. The glossary collects the terms you will hear in a CPA’s office.
We are not a CPA firm and we do not prepare returns, list firms or recommend anyone. Facts come from the California Board of Accountancy, the IRS, the Franchise Tax Board, the California Tax Education Council and the CDTFA. Thresholds and due dates change every year, so use these answers to prepare good questions, and get advice on your own situation from a licensed professional.