Bean Counters, LLC

Bean Counters, LLC Bean Counters, LLC is a bookkeeping, payroll and tax preparation firm, with small business expertise.

04/15/2026

🚨 TODAY IS THE LAST DAY TO FILE YOUR TAX RETURN OR EXTENSION!

April 15, 2026

Do NOT just drop your return in a mailbox.

âś… Go to the Post Office TODAY
and get your return postmarked before they close.
Why?

The IRS no longer accepts a mailbox drop as proof of timely filing.
Your return must have an official USPS postmark from a post office facility.

Don’t risk penalties & interest —
Get it postmarked today!

11/21/2025

In the years after the Camp Fire, many Paradise residents received payments from the Fire Victim Trust (FVT) to help rebuild after the devastation of 2018. Last year, the Protect Innocent Victims of Taxation After Fire Act, was signed into law as part of a larger disaster package. This legislation makes sure that anyone who received an FVT or similar payment can exclude that compensation from their income for federal tax purposes.

Because this bill was enacted after many fire survivors had already filed their taxes, some ended up paying federal taxes on their FVT payments. Under the new law, those individuals are eligible for a refund. To receive it, they must submit an amended tax return to the IRS using Form 1040-X.

The IRS has set important deadlines. Fire survivors have until December 12, 2025 to file a 1040-X for tax years 2021 and earlier. The IRS will not accept amended returns for those years after that date. For anyone who received an FVT payment in 2022 or later, the regular IRS rules apply, and individuals generally have up to three years from the date you filed your original return to submit a 1040-X and claim your refund.

If you received a Fire Victim Trust payment and paid taxes on it, please be sure to review your past returns and file an amendment to them before the applicable deadline.

10/22/2025
Are you having trouble getting the IRS to refund taxes you paid on your PG&E Campfire settlement? Our clients have had t...
10/03/2025

Are you having trouble getting the IRS to refund taxes you paid on your PG&E Campfire settlement? Our clients have had this issue as well. There has been a very slow response from the IRS (over 6 months). One taxpayer was asked to submit a non-existant 1099 for the proceeds she paid taxes on, even though the Fire Victims Trust never issued one. I'm happy to report that she recently received her refund. However, the ordeal prompted me to reach out to Congressman La Malfa, who sponsored H.R. 5225. Today he responded. I want to share his response with the general public and encourge tax payers to reach out to his office if they are having trouble getting the IRS to issue their refund. I beleive fire victims deserve to keep 100% of these proceeds. Bean Counters LLC can assist you in filing an ammended tax return if you are due a refund.

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01/24/2025

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01/13/2025

Access retirement funds in a disaster

The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their retirement savings.

Eligibility

A taxpayer may be eligible for relief that provides for expanded access to their retirement funds if their principal residence was in a major disaster area and they sustained an economic loss due to that disaster. An economic loss includes, but is not limited to:

Being displaced from the taxpayer’s principal residence.
Loss or damage to or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause.
Lost income due to temporary or permanent layoff.
Use the tool on FEMA.gov/Disaster to find a current list of major disaster declarations.

Types of relief

These types of disaster relief are available to people who qualify:

May withdraw up to $22,000 from an IRA or other eligible retirement plan.
Amount exempt from the 10% early distribution tax.
May repay to a retirement plan or IRA within three years of the distribution.
Distribution may be included equally in income over three years.
A retirement plan may offer increased loan limits and delay repayments.
The IRS is here to help

For questions and assistance, call the IRS disaster hotline at 866-562-5227.

More information

Disaster relief FAQs: Retirement plans and IRAs under the SECURE 2.0 Act of 2022
Tax-related disaster relief

01/06/2025

New law means police officers, teachers and others with public pensions will now collect their full Social Security benefits.

12/06/2024

On January 1, 2025, the following changes to California employment law take effect and, unless otherwise noted, apply to employers of all sizes. Below are summaries of the changes. For more information, see our platform.

VICTIM PROTECTION LAW CHANGES
The state’s victim protection law, which prohibits discrimination against victims and requires that employers with 25 or more employees provide victim leave, will be updated. The changes include (but aren’t limited to) the following:

The definition of victim will be broadened to include victims of any qualifying act of violence (QAOV).
Employees will be protected from discrimination or retaliation based on a family member’s status as a victim.
Reasonable accommodations must be provided to an employee whose family member is a victim.
The victim leave provisions will include new leave reasons and will allow employees to take leave when a family member is a victim.
Employers will be required to provide notice of these protections to all employees annually, and whenever an employee notifies them that they or their family member is a victim.
Action Items

Update your equal employment opportunity policies to include victims of a QAOV as well as those who have a family member that is a victim of a QAOV.
If you have 25 or more employees, update your victim leave policy to include the new protections for family members and new reasons for leave.
When it becomes available from the California Civil Rights Department, provide the notice of victim rights annually to all employees, as well as whenever you are notified that an employee or their family member is a victim.
PAID SICK LEAVE USES EXPANDED
Employees will be able to use paid sick leave for the following:

Jury duty
To appear in court under a court order as a witness in a judicial proceeding
For any reason covered under the victim leave law when they or their family member is a victim of a QAOV
Additionally, agricultural employees who work outside will be able to use paid sick leave to avoid certain smoke, heat, or flooding conditions.

Action Item
Update your paid sick leave policy to include the new leave reasons.

PAID FAMILY LEAVE REQUIREMENTS CHANGED
Employers will no longer be allowed to require employees to use up to two weeks of accrued but unused vacation time before being able to receive Paid Family Leave (PFL) insurance benefits from the state.

Action Item
Update your family leave policies to remove any requirements that employees must use vacation time before receiving PFL benefits for leaves that begin on or after January 1.

ANTIDISCRIMINATION LAW UPDATED
Under the state’s Fair Employment and Housing Act (FEHA), which applies to employers with five or more employees, the definition of race currently includes traits historically associated with race. The word “historically” will be removed.

Action Item
If your Equal Employment Opportunity (EEO) policy covers traits “historically associated with race,” remove the word historically.

DRIVER’S LICENSE REQUIREMENTS PROHIBITED
Employers with five or more employees will be prohibited from stating that applicants must have a driver’s license in an application, job ad, or job posting. An exception applies if driving is a job function of the position (e.g., a delivery driver) and using alternative transportation would increase travel time or cost to the employer.

Action Item
Remove any driver’s license requirement from your job ads or applications, unless the exception applies.

CAPTIVE AUDIENCE MEETINGS PROHIBITED
Employers will be prohibited from taking—or threatening to take—adverse action against an employee for not attending an employer-sponsored meeting if its purpose is to express the employer’s opinion on religious or political matters. The same applies to participating in or receiving communications for these purposes. Laws of this type are primarily aimed at preventing employees from being forced to attend anti-unionization meetings. The law contains several exceptions, which are covered on the platform.

Action Item
Allow employees to opt out of any meeting or communication covered by this law and make sure supervisors understand the requirements of the law.

MINIMUM WAGES AND SALARIES
Statewide Minimum Wage
The minimum wage for employers of all sizes will increase to $16.50 per hour. Employers covered by higher local or industry-specific minimum wages must comply with those rates.

Exempt Employee Minimum Salaries and Wages
The minimum salary threshold for exempt employees will increase to $1,320 per week ($68,640 annually).

The minimum pay for exempt computer software employees will increase to an hourly rate of $56.97 or an annual salary of $118,657.43.

The minimum rate for exempt licensed physicians and surgeons paid on an hourly basis will increase to $103.75 per hour.

Local Minimum Wages
The hourly minimum wage will also increase in the following localities:

Belmont: $18.30

Burlingame: $17.43

Cupertino: $18.20

Daly City: $17.07

East Palo Alto: $17.45

El Cerrito: $18.34

Foster City: $17.40

Half Moon Bay: $17.47

Hayward (25 or fewer): $16.50 (state rate)
Hayward (26 or more): $17.36

Los Altos: $18.20

Menlo Park: $17.10

Mountain View: $19.20

Novato (25 or fewer employees): $16.42
Novato (26–99 employees): $17
Novato (100 or more employees): $17.27

Oakland: $16.89
Oakland (hotels with health benefits): $18.36
Oakland (hotels without health benefits): $24.48

Palo Alto: $18.20

Petaluma: $17.97

Redwood City: $18.20

Richmond (with benefits): $16.50 (state rate)
Richmond (without benefits): $17.77

San Carlos: $17.32

San Diego: $17.25

San Jose: $17.95

San Mateo City: $17.95

San Mateo County (unincorporated areas): $17.46

Santa Clara City: $18.20

Santa Rosa: TBD

Sonoma City (25 or fewer employees): $16.96
Sonoma City (26 or more employees): $18.02

South San Francisco: $17.70

Sunnyvale: $19

10/15/2024

Disaster victim resources on IRS.gov

IRS.gov has information disaster victims may need as they recover, including information about disaster-related tax relief and extensions to file and pay.

IRS.gov resources

These IRS.gov webpages have tax-related disaster relief information:

IRS News from Around the Nation: News about disaster relief and tax provisions that affect certain states.
Tax Relief in Disaster Situations: Links to resources that walk people through information that will help them after a disaster. It also links to local news releases and frequently asked questions.
Frequently Asked Questions for Disaster Victims: Answers to questions that people affected by disaster may have. Each page highlights a specific topic.
Reconstructing Records after a Natural Disaster or Casualty Loss: Help for people who need to reconstruct their financial records after a disaster. This information may be essential for properly documenting a tax-deductible loss, supporting various tax-related transactions or getting federal assistance or insurance reimbursement.
Publications

These IRS publications can also help taxpayers:

Publication 3067, IRS Disaster Assistance – Federally Declared Disaster provides information to individuals and businesses affected by a federally declared disaster. It also covers the assistance available to disaster victims.
Publication 584, Casualty, Disaster and Theft Loss Workbook helps individual taxpayers figure their loss on personal-use property in the event of a disaster, casualty or theft.
Publication 584-B, Business Casualty, Disaster, and Theft Loss Workbook helps businesses figure their loss on income-producing and business property in the event of a disaster, casualty or theft.
Publication 547, Casualties, Disasters, and Thefts explains the tax treatment of casualties, thefts and losses on deposits.
More information

DisasterAssistance.gov
Ready.gov
FEMA Disaster Information

Address

1453 Downer Street , Ste. A
Oroville, CA
95965

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