SMGTaxGroup Blog

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Estate Tax Planning San Diego: Protecting Your Legacy

Thursday, January 15, 2026

Navigate complex estate tax laws. Ensure smooth wealth transfer, minimize tax burdens, and secure your family's future. Expert guidance from Sharon Gr...

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San Diego Tax Prep: Smart Strategies to Minimize Your Liability

Thursday, January 8, 2026

Confused by complex tax laws? Learn practical strategies from Sharon Gross, CPA to minimize your tax liability and maximize your financial well-being.

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Navigate CA Real Estate Tax: Expert Tips from a San Diego CPA

Thursday, January 1, 2026

Buying or selling property in California? Learn essential real estate tax strategies from San Diego expert, Sharon Gross, CPA, to minimize liabilities...

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Navigating San Diego's Real Estate Tax Landscape in 2025

Monday, December 22, 2025

Get ahead! San Diego real estate tax rules are shifting. Expert insights from Sharon Gross, CPA, help you plan for future financial success.

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San Diego Tax Resolution: Navigating IRS Issues with Sharon Gross, CPA

Monday, December 15, 2025

Facing IRS problems? Learn how Sharon Gross, CPA, provides expert tax resolution in San Diego. Get strategic guidance and proactive solutions.

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San Diego Tax Prep: Maximize Real Estate Investments Legally

Monday, December 8, 2025

San Diego real estate tax planning demands expertise. Learn legal strategies from Sharon Gross, CPA, to optimize deductions and minimize liabilities.

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Avoid IRS Penalties: A San Diego Tax Preparation Guide

Monday, December 1, 2025

Navigate complex tax laws and minimize risks! Learn how to avoid common IRS penalties with our San Diego tax preparation guide.

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Strategic Tax and Financial Guidance with Sharon Gross CPA

Thursday, October 23, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-23 Strategic Tax and Financial Guidance with Sharon Gross CPA Navigating the c...

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Immediate Ways to Simplify Your San Diego Tax Preparation

Thursday, October 23, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-23 Immediate Ways to Simplify Your San Diego Tax Preparation Tax season can be...

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San Diego Tax Preparation: Maximize Your Refund Now

Thursday, October 23, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-23 San Diego Tax Preparation: Maximize Your Refund Now Are you a San Diego res...

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Trust and Estate Tax Planning Tips for San Diegans

Thursday, October 23, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-23 Trust and Estate Tax Planning Tips for San Diegans Navigating trust and est...

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Navigating Your Financial Future with Sharon Gross CPA in Solana Beach

Thursday, October 23, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-23 Navigating Your Financial Future with Sharon Gross CPA in Solana Beach In t...

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Navigating Real Estate Tax Planning with a San Diego Expert: Sharon Gross, CPA

Friday, October 10, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-10 Navigating Real Estate Tax Planning with a San Diego Expert: Sharon Gross, ...

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Your Trusted CPA in San Diego: Sharon Gross, CPA

Friday, October 10, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-10 Your Trusted CPA in San Diego: Sharon Gross, CPA Navigating the complexitie...

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Elevate Your San Diego Business with Expert Consulting and CFO Services

Friday, October 10, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-10 Elevate Your San Diego Business with Expert Consulting and CFO Services In ...

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Navigating IRS and State Tax Resolution in San Diego with Sharon Gross, CPA

Friday, October 10, 2025

Sharon Grosssharongrosscpa.com [email protected] on: 2025-10-10 Navigating IRS and State Tax Resolution in San Diego with Sharon Gross, CPA...

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Have a Question?

FAQ

What records should I keep and for how long?
Keep tax returns and supporting documents for at least 3 years, or up to 7 years in some cases. Asset records should be kept for as long as you own the asset plus several years after sale.
How can I get more business deductions?
Keep detailed records, separate business and personal expenses, track mileage, use an accountable plan for reimbursements, and work with a CPA to uncover overlooked deductions.
What should I do if I receive an IRS audit notice?
Respond promptly, gather documentation, and contact a CPA to represent you. Only provide the information requested and remain cooperative throughout the process.
How do I plan for retirement from a tax perspective?
Use a mix of traditional and Roth retirement accounts, plan for required minimum distributions, and consider timing Social Security and withdrawals to minimize taxable income.
What are the tax benefits of leasing versus owning a business vehicle?
Leasing allows you to deduct the business-use portion of lease payments and avoid depreciation schedules, while owning may allow for large upfront deductions through Section 179 and bonus depreciation.
What expenses can I deduct as a small business owner?
Common deductions include office supplies, marketing costs, business travel, vehicle expenses, software, professional fees, and a home office (if used exclusively for business).
How should I structure my business for tax efficiency?
The right structure—LLC, S-Corp, or C-Corp—depends on your income, growth plans, and liability concerns. A CPA can evaluate your situation to recommend the most tax-efficient setup.
What are the benefits of hiring a CPA versus using tax software?
A CPA offers personalized advice, ensures compliance with complex tax laws, finds deductions you might miss, and can represent you before the IRS—advantages software alone cannot provide.
How can I legally minimize my tax liability?
You can legally minimize taxes by maximizing contributions to retirement accounts, claiming all eligible deductions, timing income and expenses strategically, and leveraging tax credits. A CPA can help identify opportunities specific to your situation.
What documents do I need to provide for tax preparation?
You should provide identification, prior year’s tax return, W-2s, 1099s, investment income statements, deductible expense receipts, and any IRS notices. Business owners should also include income statements, expense reports, and payroll records.