# Liberty Tax Accounting ## Posts - [Head of Household Filing Status: 2026 Rules & Savings](https://libertytaxaccounting.com/head-of-household-filing-status-2026/): If you're unmarried and supporting a household on your own, Head of Household (HOH) is one of the most valuable filing statuses in the tax code — and also one of the most frequently misclaimed. - [Tax Penalties 2026: What They Cost & How to Fix Them](https://libertytaxaccounting.com/tax-penalties-2026-guide/): Tax penalties can have severe implications for taxpayers, leading to financial strain and stress. - [Exciting Updates on Form 1099-K: 2026 Thresholds to Know](https://libertytaxaccounting.com/form-1099-k-2026-guide/): If you sell on Etsy, drive for a rideshare app, freelance on the side, or just use Venmo or PayPal to collect payments, you've probably heard conflicting things about Form 1099-K. - [IRS Audit Guide 2026: Triggers, Process & Your Rights](https://libertytaxaccounting.com/irs-audit-guide-2026/): Few letters from the government cause more anxiety than one from the IRS Audit division. - [Business Deductions 2026: Section 179, QBI & More](https://libertytaxaccounting.com/business-deductions-2026-guide/): Few things move the needle on a business's tax bill more than business deductions — and few areas of the tax code change as often. - [Estimated Taxes 2026: Deadlines & Safe Harbor Guide](https://libertytaxaccounting.com/estimated-taxes-2026-guide/): If you're self-employed, run a small business, or earn income without withholding, estimated taxes are one of the easiest things to miscalculate — and one of the most expensive to get wrong. - [Payroll Tax Essentials: What Employers Owe in 2026](https://libertytaxaccounting.com/payroll-tax-guide-2026-tax-season/): If you run payroll for even one employee, you're responsible for payroll tax — a set of federal withholding and matching obligations that are easy to get wrong and expensive to get wrong badly. - [Sales Tax for Online Businesses: 2026 Nexus & Compliance Guide](https://libertytaxaccounting.com/sales-tax-for-online-businesses-2026-guide/): If you sell products online — through your own storefront, Amazon, Etsy, or all three — sales tax is probably one of the most confusing parts of running an e-commerce business. - [Cryptocurrency Taxes: 2026 IRS Filing Season Guide](https://libertytaxaccounting.com/cryptocurrency-taxes-2026-guide/): If you bought, sold, swapped, or earned cryptocurrency in 2025, the IRS already has more visibility into your activity than ever before. - [Failure to Pay Penalty: IRS Rules for the 2026 Tax Season](https://libertytaxaccounting.com/failure-to-pay-penalty-irs-rules-for-the-2026-tax-season/): If you filed your return but couldn't pay the full balance, the IRS charges a Failure to Pay Penalty — a monthly charge on your unpaid tax that keeps growing until the balance is settled. - [Capital Gains Tax: Essential 2026 Tax Guide | Liberty Tax Accounting](https://libertytaxaccounting.com/capital-gains-tax-2026/): A clear guide to short- and long-term gains, capital losses, home sales, reporting and planning for the 2026 filing season. - [IRA Withdrawals: Essential 2026 Tax Guide | Liberty Tax Accounting](https://libertytaxaccounting.com/ira-withdrawals-2026-tax-guide/): A practical guide to traditional and Roth distributions, early-withdrawal rules, required minimum distributions and tax reporting. - [Home Office Deduction: Essential 2026 Tax Guide | Liberty Tax Accounting](https://libertytaxaccounting.com/home-office-deduction-2026/): What self-employed professionals should know about qualifying, calculating and documenting a business use of home deduction. - [Forgot a W-2 or 1099?](https://libertytaxaccounting.com/missing-w-2-or-1099-help/): A practical federal-tax guide for taxpayers who are still waiting on a 2025 information return. - [Rental Property Tax 2026: IRS Deductions & Landlord Guide](https://libertytaxaccounting.com/rental-property-tax-2026/): Rental income is generally taxable and commonly reported on Schedule E (Form 1040), though the right form can depend on the services provided and the nature of the activity. - [IRS Payment Plans 2026: Options, Eligibility & How to Apply](https://libertytaxaccounting.com/irs-payment-plans-2026/): File your return on time even if you cannot pay the full balance. - [Child Tax Credit 2026: IRS Eligibility, Refunds & Limits](https://libertytaxaccounting.com/child-tax-credit-2026-irs-guide/): 2026 filing-season snapshot. For 2025 tax returns, the Child Tax Credit 2026 is worth up to $2,200 for each qualifying child. - [A Complete Guideline for IRS Notices](https://libertytaxaccounting.com/a-complete-guideline-for-irs-notices/): At Liberty Tax Accounting, we understand that receiving an IRS notice can be stressful. - [Beware of Ghost Tax Preparers in the U.S.](https://libertytaxaccounting.com/beware-of-ghost-tax-preparers-in-the-u-s/): Tax season brings numerous opportunities for scammers to exploit unsuspecting taxpayers. - [IRS Delays the $600 Reporting Rule](https://libertytaxaccounting.com/irs-delays-the-600-reporting-rule/): The IRS has once again delayed the enforcement of the controversial $600 reporting rule for third-party payment platforms like PayPal, Venmo, and Cash App. - [Should You DIY or Hire a Professional Tax Preparer?](https://libertytaxaccounting.com/should-you-diy-or-hire-a-professional-tax-preparer/): Should You DIY or Hire a Professional Tax Preparer? - [How to Choose the Best Tax Preparer in Orange County for Your Needs](https://libertytaxaccounting.com/tax-preparer-in-orange-county/): Finding the right tax preparer can save you time, money, and stress. Liberty Tax Accounting is here to help. - [What Is BOI Reporting? Requirements, Deadline & How to File in California](https://libertytaxaccounting.com/what-is-boi/): BOI (Beneficial Ownership Information) reporting is a new federal requirement under the Corporate Transparency Act (CTA), designed to enhance transparency and fight financial crimes. ## Pages - [free month accounting](https://libertytaxaccounting.com/free-month-accounting/): Liberty Tax Accounting is the place to go to! I'm been doing business with Liberty Tax Accounting with Syed for five years now. - [Free Tax Consultation](https://libertytaxaccounting.com/free-tax-consultation/): Tax credit eligibility review (CTC, EITC, AOTC, etc.) - [Booking Appointment Form](https://libertytaxaccounting.com/appointmentform/): Please enable JavaScript in your browser to complete this form. - [Thank You](https://libertytaxaccounting.com/thank-you/): We’ve received your information successfully. - [Los Angeles County Office – Torrance, CA](https://libertytaxaccounting.com/los-angles-county-office/): Our Los Angeles County office, conveniently located on Crenshaw Blvd. - [Contact US](https://libertytaxaccounting.com/contact-us/): We’re here to make it easy for you to connect with our team of experienced tax preparers and accountants. - [Orange County Office – Newport Beach, CA](https://libertytaxaccounting.com/orange-county-office-newport-beach-ca/): At Liberty Tax Accounting – Newport Beach, we have been serving individuals, freelancers, and businesses across Orange County, Irvine, Costa Mesa, Huntington Beach, and surrounding areas for over 20 years. - [About Us](https://libertytaxaccounting.com/about-us/): At Liberty Tax Accounting (LTA), we help individuals and businesses across Orange County, Los Angeles County, and all of California make smarter financial decisions. - [ONE BIG BEAUTIFUL BILL ACT](https://libertytaxaccounting.com/one-big-beautiful-bill-act/): The Big Beautiful Bill Act(BBB) is a comprehensive U.S. tax reform passed in 2025. - [Contact Form](https://libertytaxaccounting.com/contact-form/): Please enable JavaScript in your browser to complete this form. - [Login](https://libertytaxaccounting.com/login/): Looking for how to login to an existing account? Below are helpful links to direct you where to find your online account, tax documents, refund status and more. - [Privacy Policy](https://libertytaxaccounting.com/liberty-tax-accounting-privacy-policy/): At Liberty Tax Accounting (LTA), your privacy is a top priority. - [Q&A](https://libertytaxaccounting.com/qa-liberty-tax-accounting/): Who Needs Bookkeeping Services the Most in Small and Medium-Sized Businesses (SMB)? - [Tax Service Orange County](https://libertytaxaccounting.com/tax-service-orange-county/): At Liberty Tax Accounting (LTA), we simplify the tax process for both individuals and businesses across Orange County, CA. - [California Sales Tax Percent](https://libertytaxaccounting.com/california-sales-tax-percent/): Managing sales tax can be confusing and time-consuming—especially with regulations that vary across states. - [Payroll](https://libertytaxaccounting.com/payroll/): Payroll isn’t just about paying employees—it’s about maintaining trust, staying compliant, and keeping your operations running efficiently. - [bookkeeping and accounting services for small businesses](https://libertytaxaccounting.com/bookkeeping-accountant/): we provide professional bookkeeping and accounting services designed to help small businesses, startups, and independent contractors stay compliant, organized, and financially healthy. - [Clean-up Accounting](https://libertytaxaccounting.com/bookkeeping-clean-up-services/): Clean-up accounting is the process of organizing existing financial records, correcting errors and discrepancies, and ensuring your data is accurate and up-to-date. - [Catch-Up Accounting Services](https://libertytaxaccounting.com/catch-up-accounting-services/): Catch-up bookkeeping is critical for small business owners, particularly when preparing for tax returns. - [BOI Filing Services](https://libertytaxaccounting.com/boi-filing-services/): What is Beneficial Ownership Information (BOI)?Beneficial Ownership Information (BOI) reports must be filed with the Financial Crimes Enforcement Network (FinCEN) by certain types of entities in the United States. - [Business Formation Services](https://libertytaxaccounting.com/california-llc-registration/): California is best for growth-minded SMBs in industries like tech, healthcare, media, e-commerce, or sustainability that want access to talent, funding, and massive markets—but it’s not cost-efficient for every business type. - [Liberty Tax Accounting](https://libertytaxaccounting.com/): Liberty Tax Accounting (LTA) Trusted Tax Consultancy & Accountancy Firm Proudly serving Orange County and Los Angeles County for over 20 years. ## Optional - [Agent (MCP protocol)](websites-agents.hostinger.com/libertytaxaccounting.com/mcp) [comment]: # (Generated by Hostinger Tools Plugin)