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Practical guidance on tax, audit defense, bookkeeping, and compliance from our CPA team.
How can 403(b) Plans Help Non Profit Employees Save For Retirement?
403(b) plans for nonprofit staff: pretax and Roth contributions, employer additions, catch-up rules, and how tax-deferred growth compounds to retirement.
Accelerating California's Clean Energy Transition: Understanding the California EV Tax Credit
How California's Clean Vehicle Rebate Project works: which battery-electric and fuel cell vehicles qualify, who administers it, and how to apply.
California Assembly Bill 5: New Changes
California's AB 5 and the ABC test for worker classification: the three conditions an employer must prove, and which occupations are exempt from it.
New Rules for Partnership Audits
The centralized partnership audit regime, effective for tax years from 2018: how the IRS assesses at the partnership level and what you can elect.
New Healthcare Coverage Options: Flexibility for Employers and Employees
The Individual Coverage HRA lets an employer of any size reimburse individual health premiums tax free. Eligible employee classes, and how it works.
Accrued Expenses Included in Income
Accrued expenses you never pay cannot sit on the balance sheet forever. Bear MFG v U.S. and when unpaid liabilities must be reclassified to income.
Liens and Levies
A federal tax lien can block a refinance or a sale and damage your credit. How liens arise, and how a withdrawal can happen before the balance is paid.
Changing the State of Domicile for a Business
Changing your entity's home state can cut costs and audits, but California may still tax you. The sales, property and payroll tests that create a duty.
Unemployment insurance and paid family leave. Is it taxable?
Unemployment benefits and California paid family leave are taxable federally but not by California. How the subtraction works on Schedule CA.
Moving Out of California? Better Make it Permanent!
A new house or driver's license may not end California residency. The factors the state weighs to decide whether you actually left, and what they cost.
California Assembly Bill 5 & Domicile
Moving your entity out of California may not end its tax bill. How commercial domicile and place of direction and control create AB 5 and EDD exposure.
New Employment Laws for California
California employment laws effective January 1, 2020: AB 5 classification, unpaid wage claims, minimum wage steps, and wider discrimination protections.
Terminating Employees
Terminating a California employee: documented warnings, the final paycheck timing rule, the COBRA notice, and stating a true reason to limit claims.
Everything You Need to Know About Employee Retention Credit
How the Employee Retention Credit worked: the two qualification routes, the per-employee limits for 2020 and 2021, and amending payroll returns for it.
IRS $80 Billion Funding: What Does It Mean For You
The Inflation Reduction Act gave the IRS $80 billion, most of it for enforcement. Where the money goes, and which filings now draw the most scrutiny.
Challenges and Updates in Logistics and Transportation Industry
Freight demand, tender rejection rates and carrier pricing power after the pandemic, and what falling volumes meant for small carriers and brokerages.
New Lease Accounting Standard
ASC 842 puts operating leases on the balance sheet as right-of-use assets. The effective dates for public and private entities, and what changed.
Section 1031 Exchanges vs. Qualified Opportunity Zone Funds
1031 exchanges and Qualified Opportunity Zone Funds both defer capital gains, but the rules and timelines differ. How to tell which fits your property.
Increase Your Tax Refund
Refundable and non-refundable credits that raise a refund, starting with the Child Tax Credit: who qualifies, the income limits, and how to claim them.
Misclassification of Employees as Independent Contractors [Exploring the Safe Harbor]
Section 530 safe harbor can shield an employer from misclassification penalties. The behavioral and financial factors the IRS weighs, and how to qualify.
Self-Directed IRAs: All You Need to Know
Self-directed IRAs reach real estate, metals, private equity and more. The tax benefits, custodial versus checkbook structures, and the fees involved.
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