Kasey's Tax Services!
Tax law is complex, especially when personal finances and business activities overlap. As a Certified Public Accountant, I provide professional tax services that help individuals and businesses stay compliant while minimizing unnecessary tax exposure.
Whether you need help with annual tax preparation, proactive tax planning, or representation during an IRS or FTB inquiry, my goal is to simplify the process, reduce stress, and protect your financial interests. I take a thoughtful, detail-oriented approach so you can focus on what matters most — your family, your business, and your future.
Ready to simplify your taxes? Let’s connect and build a customized tax plan for your situation!
Tax Frequently Asked Questions
Do I need to pay taxes on crypto gains?
This is one of the most common questions I get now!
Bottom-line, you must report cryptocurrency activities on your taxes if you're a U.S. taxpayer.
The IRS classifies crypto as property. This means every transaction you make, whether trading, selling, or earning rewards, needs to be reported. This is a legal obligation, and failure to report it could lead to serious consequences such as tax audits, penalties, and even criminal charges.
If you're using an official platform, such as Coinbase or Robinhood, they usually send you a Consolidated 1099 Tax form that includes your crypto transactions. Just send that to me, and I can take care of the rest!
What expenses can I deduct as a small business?
This is a topic that I am personally familiar with!
I'll provide a quick list, but quite a lot can be deducted. These regulations change often as well, so make sure to check back for updates. Also, keep in mind, the more you claim, the more likely you will be audited, and consequently, the more proof you will need to provide.
Mortgage, Rent, or Lease Payments
Utilities
Office Supplies
Software & Subscriptions
Business Insurance
Vehicle & Travel
Marketing & Advertising
Professional Services
Education & Training
Meals & Entertainment
Depreciation & Equipment
Taxes & Licenses
and much more...
If you're working with me, I’ll review every receipt, invoice, and expenses to make sure we find every deduction — all while staying fully compliant with regulations!
When are taxes due?
Individual Tax Returns (Form 1040): April 15 Each Calendar Year (Extended to October 15 if you file an extension.)
S-Corporations & Partnerships (Forms 1120-S & 1065): March 15 Each Calendar Year
C-Corporations (Form 1120): April 15 Each Calendar Year
California Franchise Tax (LLCs, Corps, etc.): April 15 Each Calendar Year
Do I need to file taxes if I didn’t make much income?
Just like most tax laws, there isn't a simple "yes" or "no" answer. It's based on marital status and age. Here is the breakdown of when you should file a tax return:
Single Person
- Under 65: $14,600 or more.
- 65 or Older: $16,550 or more.
Married - Filing Jointly
- Both Spouses Under 65: $29,200 or more.
- One Spouse Under 65, One 65 or older: $30,750 or more.
- Both 65 or older: $32,300 or more.
Married - Filing Separately
- $5 or more, regardless of age.
Head of Household
- Under 65: $21,900 or more.
- 65 or Older: $23,850 or more.
Qualifying Surviving Spouse
- Under 65: $29,200 or more.
- 65 or Older: $30,750 or more.
Even if your income falls below these thresholds, you may still be required to file a return in certain situations, such as if you had net earnings from self-employment of $400 or more, owe special taxes (like Alternative Minimum Tax or Social Security/Medicare tax on unreported tips), or received distributions from a health savings account.
SUMMARY: If your income is below a certain threshold, you may not be legally required to file — but it’s often still a good idea. You may fall into a special ctegory, or you might even qualify for a refund or tax credits.
IWhat do I need to file my taxes?
Here is a quick list:
- Personal Information (Marita Status, Dependents, Employment, etc.)
- Financial Documents (W-2, 1099, 1098, Schedule K-1, etc.)
- Stock Trading
- Real Estate Transactions
- Large Purchases, Sales, or New Debts
- Changes to Retirement Funds
- Educational Credits
Of course, everyone's situation is different. If you own a business, or work as a contractor, it can become quite complicated. Don't worry though! This is where I come in.
I have some simple questionnaires, and as we get to know each other, I will ask all the important questions. Also, clean books or a copy of the previous year’s tax return will help a lot!