Novicta Tax Help Center

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How to make Tax Payments to the IRS and CA FTB
Understanding Your Tax Obligations: Before making any payments, it's crucial to understand your tax obligations. This includes knowing the type of taxes you owe (income tax, self-employment tax, etc.), the applicable deadlines, and the amount owed. ...
Tracking Your IRS and CA Tax Refunds
Tracking Your IRS and CA Tax Refunds: Everything You Need to Know Tax season can be a stressful time for many individuals, but tracking your tax refunds doesn't have to add to the anxiety. Both the Internal Revenue Service (IRS) and the California ...
Operating Business in California
Operating Business in California Legal Compliance: California Secretary of State (SOS) Filings: Corporations: California corporations are required to file a Statement of Information (Form SI-200) with the Secretary of State within 90 days of ...
Tax Prep Document Checklist
Employed Forms W-2 Unemployed Unemployment (1099-G) Self-Employed Forms 1099-NEC and 1099-K Income records to verify amounts not reported on 1099s Records of all expenses – check registers or credit card statements, and receipts Business-use asset ...
Beneficial Ownership Information Reporting
Own a Small Business? Start Preparing Now for This New Reporting Regulation The Treasury Department is cracking down on shady business practices with a brand-new regulation. Starting on Jan. 1, 2024, small businesses must file a Beneficial Ownership ...

Popular Articles
Tax Prep Document Checklist
Employed Forms W-2 Unemployed Unemployment (1099-G) Self-Employed Forms 1099-NEC and 1099-K Income records to verify amounts not reported on 1099s Records of all expenses – check registers or credit card statements, and receipts Business-use asset ...
Roth IRA
What is a Roth IRA? A Roth IRA is an individual retirement account (IRA) in which money grows tax-free and come out tax free. What are the Roth IRA income limits for 2022? Roth IRA income limits for the 2022 tax year are $144,000 ($153,000 in 2023) ...
Health Saving Account
The Magic Of HSA The Health Savings Account or HSA is one of the most powerful pieces of a well-designed health care strategy. The HSA puts you in control of your own healthcare strategy. It is helping you to save on taxes, cut costs, and build ...
Real Estate Income Tax Planning
Understanding Real Estate Investor Classifications- Real estate investing can be a good strategy for building wealth and reducing your taxes. There are three categories the IRS uses to classify real estate investors: Passive Investor Passive ...
How to Qualify as a Real Estate Professional?
The IRS Publication 925 establishes the criteria necessary to qualify as a real estate professional for tax purposes. There are a few different ways to look at these rules, but generally speaking investors are required to spend a certain amount of ...

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