Author Archive

Strategic depreciation practices for tax savings

Understanding the best approach to depreciation can be game-changing for your business. Don’t miss out on essential tax savings that could optimize your cash flow. Click to explore effective strategies that business owners are using to enhance their financial outlook.

Preparing for the post-TCJA era: corporate tax changes for 2026 and beyond

Discover what the post-TCJA era has in store for corporate tax changes in 2026 and beyond. This article clarifies the complex tax landscape and offers valuable foresight for businesses. Don’t miss out on this opportunity to stay ahead of the curve and prepare your company for the future.

The IRS’s new audit strategy: what wealthy individuals, corporations, and complex partnerships need to know

The IRS is set to dramatically boost audits on high-income earners, major corporations, and complex partnerships. Find out what these changes mean for you and how to prepare effectively.

IRS proposes major changes for donor-advised funds

The proposed IRS regulations on Donor-Advised Funds introduce potential shifts in how these funds are managed. With possible retroactive effects and new compliance hurdles on the horizon, the time to prepare is now. Get an overview of these changes and how they might affect your giving strategy in our latest piece.

Beneficial Ownership Information – New Reporting Requirements

New reporting requirements for Beneficial owners reflect the federal government’s commitment to combating money laundering and tax evasion.

California Charitable Organization Audit Requirements

Did you know that charitable organizations with gross revenues of $2 million or more must have audited financial statements prepared by an independent CPA?

Essential estate planning documents

Estate planning is an essential part of financial planning for all individuals, regardless of age or asset level. Learn which documents are essential for any estate plan and about other estate planning tools that may benefit you depending on your circumstances. 

Summer jobs: tax considerations for parents and their children

For many teenagers, summer often means a time for family barbecues, swimming in the pool, and working a summer job. For many parents, this means dealing with the tax implications of their child’s income. In this article, we’ll provide an overview of what tax filings may be required for your working teenager.  

2021 Child Tax Credit and Economic Impact Payments

The IRS has begun issuing informational letters to qualifying taxpayers in January 2022. Click to learn more.

Main Street Small Business Tax Credit II

Main Street Small Business Tax Credit II The Main Street Small Business Tax Credit II will provide Covid-19 financial relief to qualified small business employers. On November 1, 2021, the California Department of Tax and Fee Administration will begin accepting applications for tentative small business hiring credit reservation amounts through our online reservation system. Qualified… [Read More]