On November 20th, the IRS announced individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to levels before 2018. The Treasury Department and the IRS issued proposed regulations which implement changes […]
Since 2018 is coming to a close now is the time to take action to proactively reduce your tax liability before the new year. Included are a few strategies that may help with your tax situation: Harvest stock losses while substantially preserving one’s investment position. This can be accomplished by selling the shares and buying other […]
Wright Ford Young & Co. would like to welcome our newest addition to the firm: Cyndi LeBerthon, CPA. With more than 15 years of public accounting experience, Cyndi has joined WFY as Partner in the Audit Department. Cyndi is responsible for planning and supervising audit and review engagements in a wide range of industries, including […]
Wright Ford Young & Co. is seeking qualified candidates to join our growing team! We are looking for hard-working, dedicated people who are willing to learn and flourish in their careers. Full-time positions are available for the following departments: Tax Department Staff Preparer Estates & Trusts Department Senior Supervisor Manager Audit Department Staff If interested […]
On Saturday, September 22nd, some of Wright Ford Young & Co.’s Partners attended Veterans Legal Institute’s The American Patriots Ball, an event honoring and celebrating veteran empowerment. Veterans Legal Institute is an organization that provides pro bono legal assistance to homeless, at risk, disabled and low income current and former service members. The Ball included […]
The U.S. Supreme Court recently issued a ruling that could have a dramatic impact on American retailers, and not only those who primarily operate on the Internet. In what has been called the Wayfair sales tax case, the court on June 21, 2 018 said that states can impose sales taxes on businesses even if they do […]
The California Competes Tax Credit is an income tax credit for businesses wanting to stay and grow in California. The purpose is to attract and retain employers in California industries with high economic multipliers and that provide their employees good wages and benefits. Any business can apply. The credit applies to any type of business […]
Wright Ford Young & Co. continues to grow the firm with three new hires: Andrew Abeyta, Cameron Lee, and Jennifer Nguyen. All three are the newest additions to WFY’s Tax Department. WFY is pleased to welcome these new hires to the WFY team. Andrew Abeyta In the beginning of July, Wright Ford Young & Co. welcomed […]
The IRS began issuing Affordable Care Act penalty assessments in its Letter 226J tax notice in November 2017. These notices are being sent to employers who the IRS identified through its recently developed Affordable Care Act Compliance Validation System “ACV” System, as having failed to comply with the ACA’s employer mandate. So far, the IRS […]
Wright Ford Young continues to grow the firm with four new hires: Marisa Alvarado, Nicholas Valdez, Collin Sidler, and Cameron Bauer. Marisa and Nicholas are the newest additions to WFY’s Estates & Trusts Department while Collin and Cameron are the newest additions to the Audit Department. WFY is pleased to welcome these new hires to the WFY […]
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