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Tax accountant Santa Monica, Personal Financial Planning


Robert Ricco, Inc, An Accountancy Corp is a Tax accountant and Personal Financial Planning in Santa Monica. – PowerPoint PPT presentation

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Title: Tax accountant Santa Monica, Personal Financial Planning

Robert Ricco, Inc, An Accountancy Corp
Santa Monica South Bay, CA Accounting, Robert
Ricco, Inc, An Accountancy Corp
Tax Services for Businesses and Individuals
Todays tax laws are complicated.  Whether youre
preparing the return for your business or filing
individual taxes, IRS compliance can be
overwhelming.  With so many important details to
consider, its 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
  • 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.

How Can We Help You?

Personal Financial Planning
  • 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
  • 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
  • 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
  • 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.

Important Tax Changes for Individuals and
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"
  • Business Name Robert Ricco, Inc, An Accountancy
  • 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
  • Website https//

Thank You
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