You and your business are important to us. Your success is our goal. To help you accomplish this goal we are committed to listening to your plans, your goals, your challenges, and your concerns, and provide you with the highest level of professionalism and personalized attention. We will draw on our extensive business experiences and tax and audit expertise to assist you in developing strategic goals and solutions to improve and expand your business while providing the most tax efficient structure reasonably possible.
Our firm is founded on honesty, integrity, diligence, and ongoing communication, coupled with creativity, because we believe these are the qualities that our clients value most. On our Website, you will find additional information about our firm including the services we provide and background of our professionals. We have also provided you with online resources to assist you with business and financial decision making and tax planning and compliance.
You will find insightful articles on business, finance, and tax issues and news, financial calculators, downloadable tax forms and publications.
Our firm is founded on honesty, integrity, diligence, and ongoing communication, coupled with creativity, because we believe these are the qualities that our clients value most. On our Website, you will find additional information about our firm including the services we provide and background of our professionals. We have also provided you with online resources to assist you with business and financial decision making and tax planning and compliance.
You will find insightful articles on business, finance, and tax issues and news, financial calculators, downloadable tax forms and publications.
Services
John Baerg founded the firm in 1991 after spending twelve years with the international accounting firm of Ernst & Young.
While at Ernst & Young, John served publicly traded and privately owned companies based in the Los Angeles and Fresno areas.
Since opening his own firm in Fresno, California, John has provided audit, accounting, tax, and business management and advisory services to clients throughout California and the United States.
Our Mission is to provide you with the highest quality, forward thinking business management advisory services, as well as accounting, audit, and tax services, to help you achieve your business and financial goals.
While at Ernst & Young, John served publicly traded and privately owned companies based in the Los Angeles and Fresno areas.
Since opening his own firm in Fresno, California, John has provided audit, accounting, tax, and business management and advisory services to clients throughout California and the United States.
Our Mission is to provide you with the highest quality, forward thinking business management advisory services, as well as accounting, audit, and tax services, to help you achieve your business and financial goals.
Baerg & Associates, LLP provides a wide range of services to individuals and businesses in a variety of industries.
At Baerg & Associates, LLP, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At Baerg & Associates, LLP, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
At Baerg & Associates, LLP, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At Baerg & Associates, LLP, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
Have you just started a new business?
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins.
However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins.
However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Following are some generally recognized financial planning tools that may help you reduce your tax bill.
Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
It's possible there could be additional extensions, so check with your tax advisor for the latest information.
Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES).
Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
Calendar-year S corporations must file a 2020 income tax return (Form 1120S) and pay any tax, interest and penalties due, if an automatic six-month extension was filed.
Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES).
Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
Calendar-year S corporations must file a 2020 income tax return (Form 1120S) and pay any tax, interest and penalties due, if an automatic six-month extension was filed.
Reviews
Be the first to review Baerg & Associates.
Write a Review
