Alma's Accounting & Tax Services

09/21/2026

Last reminder for our AATS Family!

If you still need to file your taxes don't forget to schedule your appointment ASAP!

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09/11/2026

Hi AATS Family!

WOW! This year has flown by....

If you filed an extension or still need to file your taxes, now is the time to schedule your appointment!

TAX EXTENSION DEADLINE: October 15th 2026

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09/09/2026

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07/31/2026

We are just 6 weeks away from the September 15, 2026 extension deadline for S Corporations and Partnerships.

To allow enough time to prepare your return and address any follow-up items, we strongly recommend scheduling your appointment as soon as possible. Ideally we would like to see you by August 25th 2026. Keep in mind these appointments fill up FAST!

It's imperative to file by the deadline to avoid large penalties for not filing on time.

Next Step: Reply to this email or call our office to schedule your appointment and reserve your spot on our calendar.

Phone: (951) 356-5255

We look forward to helping you get your return filed on time!

-Alma's Accounting

07/29/2026

AATS Family,

IF YOU HAVE A TAX NOTICE - THIS IS FOR YOU

We get it, we all get busy.. but let's finally get it taken care of for you!

Simply reply to this email, and we'll take the first steps.

or

Call (951) 356-5255

-Alma's Accounting

07/28/2026

If your taxes aren't filed yet, lets get you caught up ASAP!

To help you out, we made it as easy as possible.....

Just reply to this email or shoot us a quick call to schedule that appointment.

(951)356-5255
[email protected]

We look forward to hearing from you!

-Alma's Accounting

07/20/2026

The Retirement Showdown:

401(k) vs Annuity Explained

An annuity and a 401(k) are both retirement-focused tools, but they work very differently in how they are structured, taxed, and used for income later.

1. Core Purpose
401(k): An employer-sponsored retirement savings account designed to help you save and invest for retirement.
Annuity: An insurance product designed to convert savings into guaranteed income (immediately or later).

2. Who Provides It
401(k): Offered through an employer and managed by a financial institution (like Fidelity or Vanguard).
Annuity: Sold by insurance companies.

3. How Money Grows
401(k): You choose investments (mutual funds, stocks, bonds), and growth depends on market performance.
Annuity: Depends on type:
Fixed annuity = guaranteed interest rate
Variable annuity = market-linked investment options

4. Tax Treatment
401(k): tax-deferred contributions and growth, taxed when withdrawn
Annuity: Always tax-deferred during the accumulation phase (you pay taxes only when you withdraw earnings).

5. Access & Withdrawal Rules
401(k):
-Early withdrawals (before 59½) usually have penalties
-Required Minimum Distributions (RMDs) apply
Annuity:
-Also has surrender charges if taken out early
-No RMD requirement unless held inside a qualified account

6. Income in Retirement
401(k):
You withdraw money yourself or roll it into an IRA
No built-in guaranteed income unless you set one up
Annuity:
Specifically designed to pay you income (monthly, annually, or for life)

7. Key Difference in Simple Terms
A 401(k) is primarily a savings and investment account for retirement.
An annuity is primarily an income-producing contract for retirement.

Simple way to think about it:
401(k) = “Build the money”
Annuity = “Turn the money into income”

If you are interested in more information, please call our office at (951)356-5255 and schedule an appointment with Denita.

Go to our website

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07/13/2026

Grow Now. Get Paid Later. The Power of Annuities Explained

An annuity is a financial product designed to help you accumulate savings and later convert those savings into a steady stream of income. It is commonly used for retirement planning because it can provide both growth potential and income security.

There are two primary types of annuities:

Fixed Annuities
Fixed annuities provide a guaranteed interest rate and predictable growth. They are designed for individuals who prefer stability and want protection from market volatility.

Variable Annuities
Variable annuities allow you to invest in market-based options such as mutual funds. This means your account value has the potential to grow more aggressively, but it can also fluctuate with market performance.

Many annuities are also classified as deferred annuities, which are long-term investments. During the accumulation period, your money grows on a tax-deferred basis. This period can last up to 10 years or even longer, depending on your financial goals and contract terms.

After the accumulation phase comes the annuitization (income) period, sometimes referred to as the payout phase. During this time, your annuity begins providing income payments. These payments can last for a set number of years or even for the rest of your life. In some cases, benefits can also continue to your designated beneficiary.

One of the key advantages of a deferred annuity is the tax-deferred growth. By allowing your investment to remain in the accumulation phase longer, you do not pay taxes on the earnings until you begin withdrawing funds. This can help your investment grow more efficiently over time, especially when used as a long-term strategy.

In summary, annuities can offer:

Long-term growth potential (especially during the accumulation phase)
Tax-deferred earnings
Options for guaranteed or market-linked growth
Lifetime income or beneficiary protection options

If you would like, we can review specific annuity options with you and help determine whether a fixed or variable annuity may align better with your financial goals.

Call (951)356-5255 to schedule an appointment with Denita

Go to our website

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07/06/2026

What Is Life Insurance?

Life insurance is a financial protection tool designed to provide security and peace of mind for your loved ones. When you purchase a life insurance policy, you pay premiums to keep the policy active. If you pass away while the policy is in effect, your beneficiaries receive a death benefit. Death benefits are tax-free lump sum payments that can help maintain financial stability during a difficult time.

Death benefits can be used against financial hardships such as loss of income, funeral expenses, medical or nursing care expenses, debt repayments, and childcare costs after your death.

Depending on your family's needs, life insurance can also help:

Replace lost household income
Pay off a mortgage or other outstanding debts
Fund a child's education
Cover final expenses and estate costs
Provide financial support for a surviving spouse or dependents
Leave a financial legacy for loved ones or charitable organizations

Life insurance is not only about preparing for the unexpected, it's about ensuring your family has the financial resources they need to move forward with confidence. Choosing the right policy depends on your financial goals, family situation, and long-term plans.

At Alma's Accounting & Tax Services, we can help you understand your options and connect you with life insurance solutions that fit your needs, giving you confidence that your loved ones will be protected when it matters most.

Are you interested in obtaining information about life insurance premiums?

Call and schedule your appointment to meet with Neil at (951)356-5255

Go to our website

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06/29/2026

At Alma's Accounting & Tax Services, we're committed to helping individuals, families, entrepreneurs, and nonprofit organizations achieve financial success all year long, not just during tax season.

Whether you're starting a new business, planning for your family's future, or looking for reliable bookkeeping services, our experienced team is here to provide professional guidance every step of the way.

Our Services Include:

Tax Services

Personal Tax Preparation
Business Tax Preparation

Business Services

Bookkeeping & Payroll
Sales Tax Reporting
Business Consultations
Business & Non-Profit Formation (Start-Ups)

Financial Planning

Investment Planning
Financial Advisory Services
Life Insurance

Estate & Legal Support

Trusts & Wills
Notary Services
Document Preparation

No matter where you are in your financial journey, we provide personalized solutions designed to help you save time and build a stronger financial future.

Schedule Your Appointment Today!

📞 (951) 356-5255

Whether you need help with taxes, bookkeeping, business planning, estate documents, or financial planning, we are ready to help!

Thank you for trusting Alma's Accounting & Tax Services. We look forward to serving you and helping you reach your financial goals.

Alma's Accounting & Tax Services

Accurate. Reliable. Professional.

Your Success is Our Business.

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