Tax accountant Santa Monica, Personal Financial Planning

1. Robert Ricco, Inc, An Accountancy Corp Website: www.riccocpa.com Email: rob@riccocpa.com Phone: (310) 729-3705

2. Santa Monica & South Bay, CA Accounting, Robert Ricco, Inc, An Accountancy Corp Tax Services for Businesses and Individuals Today’s tax laws are complicated.  Whether you’re preparing the return for your business or filing individual taxes, IRS compliance can be overwhelming.  With so many important details to consider, it’s easy to make an error or omit something which could end up as a penalty, fine, or unwanted problem with the IRS. At Robert Ricco, Inc, An Accountancy Corp, we serve both individual and business planning, preparation and filing needs while remaining compliant with the continuously changing tax laws and regulations. We offer comprehensive tax services for upcoming returns and will work with you to plan ahead to maximize appropriate deductions and credit opportunities. • We are a boutique public accounting firm licensed in the state of California. We offer a broad range of services for business owners, executives, and independent professionals. We are affordable, experienced, and friendly. Website: www.riccocpa.com Email: rob@riccocpa.com Phone: (310) 729-3705

3. Personal Financial Planning How Can We Help You? Creating Financial Freedom! Building and preserving your personal wealth requires specialized attention. You get one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth. We help you... • Save enough for a comfortable retirement by identifying your retirement needs, analyzing your assets and sources of retirement income, reviewing estimated shortfalls, and identifying the best ways to save for retirement given your financial situation and risk tolerance. • Pay for your child's college education by accurately estimating the amount of money you'll need, analyzing your assets, reviewing estimated shortfalls and considering general alternatives and strategies to help address these potential shortfalls, and developing an optimal savings plan given your financial situation and risk tolerance. • Protect your family in case of you become disabled by ensuring you have enough money in your emergency fund and analyzing your life, disability, health, home, and auto insurance coverage. We also review your will and various powers of attorney designed to take care of your affairs in the event you are incapacitated and can't manage them yourself. • Achieve your investment goals by identifying the steps needed to maximize your investment returns as well as the steps needed to help minimize your risk while building increased predictability of your investment returns. • Leave a legacy for your heirs by maximizing the value of your estate by saving tax dollars, professional fees, and court costs. As well as minimizing the costs of probate, creditors, lawyers, and estate taxes, which can negatively impact the value of your estate. We also help you stay in control of your affairs by providing a road map for passing your estate on to your heirs. A financial plan's true value comes with its implementation. Let us help you attain financial freedom by requesting a free consultation below. • At Robert Ricco, Inc, An Accountancy Corp, our success is based on your success.  Contact us to learn how we can save you time and money with our comprehensive tax services. • Individual Tax PreparationAccording to a study released by the US Government's General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer. • Tax Preparation for BusinessesIt is important to develop a relationship with a tax preparation firm that understands how your business works. As your trusted advisor, we make sure you stay on top of your tax obligations and avoid penalties and fees that reduce your profitability. • Tax PlanningThere's is more to preparing your taxes than simply filling out forms at tax time. It's also about understanding our clients' needs and helping them plan for a secure future. Website: www.riccocpa.com Email: rob@riccocpa.com Phone: (310) 729-3705

4. Every year, it's a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here's a checklist of tax changes to help you plan the year ahead. Individuals In 2020, a number of tax provisions are affected by inflation adjustments, including Health Savings Accounts, retirement contribution limits, and the foreign earned income exclusion. The tax rate structure, which ranges from 10 to 37 percent, remains similar to 2019; however, the tax-bracket thresholds increase for each filing status. Standard deductions also rise, and as a reminder, personal exemptions have been eliminated through tax year 2025. Standard DeductionIn 2020, the standard deduction increases to $12,400 for individuals (up from $12,200 in 2019) and to $24,800 for married couples (up from $24,400 in 2019). Alternative Minimum Tax (AMT)In 2020, AMT exemption amounts increase to $72,900 for individuals (up from $71,700 in 2019) and $113,400 for married couples filing jointly (up from $111,700 in 2019). Also, the phaseout threshold increases to $518,400 ($1,036,800 for married filing jointly). Both the exemption and threshold amounts are indexed annually for inflation. "Kiddie Tax" Important Tax Changes for Individuals and Businesses Website: www.riccocpa.com Email: rob@riccocpa.com Phone: (310) 729-3705

5. Business Name: Robert Ricco, Inc, An Accountancy Corp Country/Region: United States Street Address: 520 Broadway, Suite 200 City: Santa Monica State: California Postal Code: CA 90401 Phone No: (310) 729-3705 Fax: (310) 496-0865 Email Address: rob@riccocpa.com Website: https://www.riccocpa.com/ Thank You