Wright Ford Young & Co. is pleased to welcome seven new hires to our firm in June and July. Andrew Abeyta, Robert Lee, Caleb Short, Xiaoli Shu, Daniel Sur, and Esther Wood joined our tax department. Cora Hultgren joined our audit department. We are thrilled to have these new hires join our WFY team. Andrew […]
Angela Tang, CPA Estate & Trust Supervisor The cost of business meals were considered a deductible expense since 1986, the problem is only 50% of such costs were allowed as a deduction until now. The latest 2020 stimulus bill saw many changes and one of the which is the business meal deduction. A temporary […]
This week, Wright Ford Young & Co. welcomed two new hires to our firm. Joy Uba and Lele Kyles will be joining our audit department. We are pleased to have these new hires join our WFY team. Joy Uba Joy Uba joined us in beginning of June as our newest Audit Senior. She graduated from […]
Our WFY Partners Jeff Myers, CPA, and Cyndi LeBerthon, CPA, will be presenting at MGI’s Efficiently Conducting Employee Benefit Plan Audits on June 23, 2021. If you’re looking to learn what’s new and what peer reviewers are looking for when they review employee benefit plan audits, this webinar is for you. Jeff and Cyndi will […]
This month, Wright Ford Young & Co. promoted Chanelle Bossert to Director of Marketing. Congratulations, Chanelle! Chanelle Bossert Before receiving the Director of Marketing position, Chanelle was previously a Marketing & Tax Assistant for over three years at WFY. In 2017, she graduated from Pennsylvania State University with a Bachelor’s degree in Public Relations/Advertising in […]
For the third year in a row, Wright Ford Young & Co. is the title sponsor for this year’s Lawyers for Warriors event by Veterans Legal Institute. The annual Lawyers for Warriors event will be held on November 8, 2021 at the Center Club of Orange County. During the event, there will be a silent […]
Richard A. Huffman, CPA, MST Tax Partner By retaining employees during the pandemic, your company may be eligible for a payroll tax credit of up to $5,000 per employee in 2020 and $28,000 per employee in 2021. The employee retention tax credit (ERTC) is a fully refundable payroll tax credit for employers who meet certain […]
This month WFY will be sponsoring the event Stepping Through Spring Fundraising Walk created by Orange County Teen Challenge (OCTC). The free outdoor event will take place at Orange County First Assembly on April 24th at 9:00am. This will be the first in-person fundraiser of 2021 for the nonprofit. For the event, there will be […]
By Carissa DeLuca, CPA, CFE Audit Manager For several years now we’ve been hearing about how Artificial Intelligence (AI) is the future of seemingly just about every industry. Industries from healthcare to banking have started to uncover the benefits of using AI. The accounting profession is no different and is starting to adapt AI […]
By June 30, 2021, nonexempt employers with more than 50 California W-2 employees must register with the CalSavers program. For exempt employers, if you’ve already offered a retirement plan, you do not have to participate in the program, but you still must register as “exempt” on the CalSavers website. Nonprofit organizations must register with CalSavers […]
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