The Internal Revenue Service (IRS) and the State of California have introduced tax relief measures for individuals and businesses impacted by the recent wildfires and straight-line winds devastating southern California. Extended Filing and Payment Deadlines Those located within…
Austin Eichacker and Kyle Kopren Named as New Partners Effective January 1, 2025 We are pleased to announce the addition of two new Partners, Austin Eichacker, CPA, and Kyle Kopren, CPA, effective January 1st, 2025. Both Eichacker and Kopren are…
BOI Injunction Reinstated – Effective 12/26/24 There has been another update to the Beneficial Owner Information (BOI) reporting saga. Just three days after the nationwide injunction was lifted, on December 26th, the U.S. Court of Appeals for the Fifth Circuit…
On Tuesday, December 3, 2024, a federal district court in Texas issued an order granting a nationwide preliminary injunction that blocks the Corporate Transparency Act (CTA)’s beneficial ownership information (BOI) reporting requirements, and the related deadlines to comply…
This is the second installment of my two-part blog series discussion on tax return extensions. You can read my first article here To Extend or Not to Extend? (Part 1) in which I discuss some of the benefits of…
To qualify for a parsonage allowance, the IRS first requires you to meet the definition of a minister. The IRS defines a minister as an individual who is “duly ordained, commissioned, or licensed by a religious body constituting a church…
As we edge closer to 2025, it’s crucial to start assembling all the essential information required for accurate filing of W-2 and 1099 information return forms. The IRS mandates that any entity — be it a corporation, partnership, individual, estate,…
Please join us on December 19th for the latest accounting updates in the construction industry. RSVP by December 12th by emailing Sadie Snyder. We hope you can join us!…
Conflict-of-interest policies are vital for nonprofit boards to maintain fairness and transparency in their operations. These policies address situations where board members or key personnel could potentially benefit personally from decisions made in their organizational roles. A conflict of interest…
