Win a pair of Clipper tickets and other prizes! Refer a new tax client and get $25 and a raffle entry. The new client gets an entry as well. All our existing clients get one entry upon request.
by Danko Iordanov, EA 
The experts agree on one thing – the rules are very complicated and they affect people differently based on family size, how much money one makes and if health insurance is offered through work. The goal of this article is to make it understandable and show how it applies in your situation.
by Danko Iordanov, EA In many scenarios it is fairly easy to make a decision but the following is very intricate. Working for a company: It is very important to know if your or your spouse’s employer offers a health insurance plan through work. If they do – you may not qualify for subsidies at all, even if your …
by Danko Iordanov, EA The following are cases where the employer doesn’t offer health insurance or you are self-employed Single without dependents This could be a beneficial scenario for you. If you don’t have insurance and if your 2012 profit and MAGI is over $15,856 and under $45,960 you may qualify for government help to get insurance through an …
by Danko Iordanov, EA Income below the minimum threshold – either single or married If your 2012 income was under: $15,856 for 1 person household, $21,404 for 2 people household, $26,951 for 3, and $32,499 for 4 people household then you could qualify for a different type of assistance: Medicaid (Medi-Cal in California). Medicaid was expanded to reach more …
by Danko Iordanov, EA Premium Assistance Credit and Calculation This is the portion of the health insurance premiums that the government pays on your behalf. There are several factors that determine if you qualify for it and the amount you get. They are your household income (MAGI), and the cost of the second level (Silver) plan for you. The …
by Danko Iordanov, EA The experts agree on one thing – the rules are very complicated and they affect people differently based on family size, how much money one makes and if health insurance is offered through work. The goal of this article is to make it understandable and show how it applies in your situation. First, what is …
by Danko Iordanov, EA If the government does not act to change the income tax rules now, many will see their taxes go up when filing next winter… and not by a little but by a lot as $2,000 is hardly small change, The reason lies mainly in the Alternative Minimum Tax (AMT), originally dubbed the “rich man’s tax”. This …
by Danko Iordanov, EA What is an Enrolled Agent? An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals. What does the term …
by Danko Iordanov, EA 
Our Enrolled Agents can assist in handling audits, communication with the IRS and Tax Resolution. Our clients must know that we will be right next to them in case the IRS decides to audit.
by Danko Iordanov, EA