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Six New Hires Join WFY

Wright Ford Young & Co. would like to welcome six new hires to our firm. We have Jerry Owens and Andrew Campos joining our Audit Department; Shannon Zhu, David Pak, and Renee Qiu joining our Tax Department; and Kirsten Capps joining our administrative team. We are pleased to welcome these new hires to our WFY […]

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New COVID Relief Bill Signed Into Law

Richard A. Huffman, CPA, MST Tax Partner   The House and Senate passed the Consolidated Appropriations Act, 2021 (CAA, 2021) which is expected to be signed into law by the President.   The CAA, 2021 bill includes the renewal and expansion of popular provisions in earlier COVID relief bills with the significant provisions summarized as […]

WFY Welcomes New E&T Director

Wright Ford Young & Co. would like to introduce the newest addition to our firm. Nancy Van Lanen comes to WFY as our new Estate & Trust Director. We are pleased to welcome her to the WFY team. In November, Nancy Van Lanen started with WFY as the Estate & Trust Director. She has over […]

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PPP Loan Forgiveness Taxability in 2020

Richard A. Huffman, CPA, MST, Tax Partner Tony Maldonado, CPA, Tax Senior While the current law states forgiven Paycheck Protection Program (PPP) loans are tax-free, the Internal Revenue Service previously issued guidance stating that the qualifying expenses paid with the forgiven loan funds are nondeductible for income tax purposes.  There has been uncertainty as to […]

WFY Sponsors VLI’s Lawyers for Warriors Event

Wright Ford Young & Co. was the Title Sponsor for Veterans Legal Institute’s annual Lawyers for Warriors fundraising event on November 9th. This year the event had to shift to broadcasting over live stream because of the pandemic, but that didn’t slow Veterans Legal Institute down. The non-profit raised over $100,000 at the event for […]