two new hires
,

WFY Welcomes Two New Hires to Audit Department

This month, Wright Ford Young & Co. is pleased to announce we have two new hires joining our team. Mimi Duong will be joining as an Audit Staff and Lauren Gilmour will be joining as an Audit Intern in our audit department. WFY is pleased…
roth ira

Roth IRA Conversion During Coronavirus – Is Now the Right Time?

By Cheryl Shelton, JD Wright Ford Young & Co., CPAs   Roth IRA’s have two big tax advantages:  Tax-free withdrawals and exemption from required minimum distributions.  But converting a traditional IRA into a Roth IRA is…
Gift and Estate Planning

Why Gifting During an Economic Downturn May Be Right for You

Janelle Tokunaga, CPA, MST Wright Ford Young & Co., CPAs   While it may seem like there has been a shortage of good news lately, we wanted to bring your attention to a few bright spots that have come about during our current…
ppp
,

Non-Deductibility of PPP Related Expenses to the Extent of Forgiven PPP Funds (IRS Notice 2020-32)

Janet Kim, CPA, MST Wright Ford Young & Co., CPAs   The IRS released Notice 2020-32 on April 30, 2020, which provides guidance on the deductibility of expenses paid with Paycheck Protection Program (PPP) loan proceeds that…