Step-Up Rules in Real Estate: What You Need to Know for a Partnership Inheritance
Inheriting a partnership interest in real estate can be a complex process, especially when it comes to understanding the tax...
Tax Deadlines Postponed to November 16, 2023 for California Storm Victims
The IRS has postponed tax deadlines for one additional month to November 16, 2023. The deadline adjustment was made for...
Action Required for Pass-through Entities
The CA Franchise Tax Board has announced that approximately 3,000 Pass-through Entity Tax (PTET) payments made for tax year 2022...
Internships: Setting Up Your Career for Success
What is it like to be a Haskell & White Intern? Our accounting internship is designed to give students an...
2021 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep...
Benefits of S Corporation Basis and Distribution Elections: Getting the Most From Your Tax Planning Services
S corporations provide possible tax advantages over C corporations in the right circumstances. This can be the case if you...
Employers Have Questions And Concerns About Deferring Employees’ Social Security Taxes
The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit...
Rollover Relief Following CARES Act
The CARES Act, passed by Congress and signed into law by President Trump on March 27, 2020, waived required minimum...
Steer Clear of the Trust Fund Recovery Penalty
If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s...
IRS releases 2021 amounts for Health Savings Accounts
The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA basics An HSA is a trust...
Business Meal Deductions: The Current Rules Amid Proposed Changes
Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that...
How Today’s Crisis Can Create a Future Proofed Company
A few years ago, I read Antifragile by Nassim Nicholas Taleb. While the author’s tone and style may not strike...
Telling Your Business’ Story for a Successful Exit
I was recently speaking to a group of business owners, and when asked how many had received unsolicited offers to...
Future Proofing Your Business
Today’s business environment is ever-changing, highly competitive and fast-paced. It is difficult to succeed in this environment if you don’t...
Corporations Win Under the New Corporate Alternative Minimum Tax
Recent amendments to the corporate alternative minimum tax (“AMT”) have simplified the business tax preparation and filing process, and have...