
Preparing Yourself and the Best People to Replace You
by Gregory Lambourne, Esq.
Senior Planning Consultant
Plato observed that “Nothing ever is, but is always becoming.” We begin dying the day we are born. A bleak sentiment for sure, but useful if you allow it to focus…

CA Employers Must Have Retirement Plans for Employees by June 30
By June 30, 2022, any California business owners with five or more employees are required to have a retirement plan for their employees.
California businesses with five or more employees must comply with the statewide mandate and offer…

WFY Welcomes Two New Hires in March
In March, Wright Ford Young & Co. had two new hires join our team in our audit and estate and trust departments. Andre Nielsen joined our audit department as Audit Staff and Jason Gonzalez joined our estate and trust department as Diligence…

Two New Hires Join WFY in February
Last month, two new hires joined Wright Ford Young & Co. in our tax and audit departments: Sarahbelle Kabigting and Nicholl Venzon. Sarahbelle was welcomed into our tax department and Nicholl was welcomed into our audit department.…

WFY Sponsors 60th Anniversary Gala Hosted by Beyond Blindness
On February 26th, Beyond Blindness hosted their 60th Anniversary Gala at the Marconi Automotive Museum in Tustin. Wright Ford Young & Co. was one of the table sponsors at the gala.
The special anniversary gala was a dining in the…

Expect IRS Delays on Paper Filed Tax Returns
Hani Sharestan, CPA, MST
Tax Partner
In amidst of the 2021 tax season, you should expect delays from the IRS in processing paper filed tax returns that require manual processing.
Based on a recent published report, the…

Update on CA Passthrough Entity Elective Tax Credit
Richard A. Huffman, CPA, MST
Tax Partner
The California Passthrough Entity Elective Tax Credit (CA PTE) meant for S-corporations and partnerships was initially flawed due to certain entities being excluded and the resulting…

WFY Welcomes Ashley Sieracki to Firm
Wright Ford Young & Co. welcomed Ashley Sieracki to our WFY team in February. She will be working closely with Greg Lambourne, our Senior Planning Consultant, on Estate & Tax. WFY is excited to introduce Ashley to our team.
Ashley…

New Hires Join WFY in January
In January, Wright Ford Young & Co. welcomed four new hires to our WFY team: Greg Lambourne, Ella Sanchez, Janeth Quinones, and Sam Martinez. Greg Lambourne is mainly working in our estate & trust department. Ella Sanchez, Janeth…

Stopping CA SDI Withholding Can Help You Save
Thomas S. Kim, CPA
Tax Director
In California, if you are an officer and sole shareholder of a corporation, you can stop the California State Disability Insurance (SDI) withholding from your wages by making an exclusion election…

2022 Payroll Tax & Auto Mileage Rate Changes
By Bonnie Thompson
Beginning January 1, 2022 the following changes go into effect for the withholding of payroll taxes and reimbursement of auto mileage.
SOCIAL SECURITY
The wage base for withholding social security tax…

Three New Hires Join WFY in December
Wright Ford Young & Co. is excited to announce we are welcoming three new hires to our WFY team. Kyle Le and Ben Vallotton-Crellin joining our tax department as Tax Senior and Tax Staff, and Hayley Thomas is joining our audit department…