ESOP
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Audit Partner Jennifer Haddad Featured in Manage HR Magazine

Our Audit Partner, Jennifer Haddad, was featured in Manage HR Magazine's November 2023 ESOP Edition. In this article, Jennifer discusses how WFY navigates the complexities of ESOPs and what’s right for your business. In addition…
tax planning
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Maximizing Your Finances: Year-End Tax Planning Tips for 2024

  As the year draws to a close, it's time to engage in financial housekeeping to ensure that you're making the most of your money. Year-end tax planning is a crucial aspect of managing your finances, and with 2024 on the horizon,…
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New Audit Senior Joins WFY’s Audit Department

This month, Wright Ford Young & Co. had the pleasure to welcome a new Audit Senior to our firm: Diana Bocanegra. Welcome to the WFY team! Diana Bocanegra Diana Bocanegra graduated from Cal State University, Los Angeles, and started…
scholarships
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Students Falling Victim to Fraud When Applying for Scholarships

Carissa DeLuca, CPA, CFE Audit Manager   School is in, and many high school seniors have started the daunting process of looking for scholarships to help with their future college plans. For many, this is an absolute necessity…
50 years
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WFY Celebrates 50 Years by Donating to Others

by Chanelle Bossert Director of Marketing   In August, Wright Ford Young & Co. celebrated 50 years of service among clients, friends, and colleagues. Over 200 guests joined the celebration which included casino games,…
adjusted basis
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Importance of Keeping Track of Adjusted Basis of Your Home

Thomas Kim, CPA Tax Director   As a homeowner, understanding the concept of "adjusted basis" and keeping track of it is crucial for when it comes to reducing or even eliminating taxes related to the sale or disposition of your…
foreign markets
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Tax Considerations for Expanding Operations Into Foreign Markets

Manny J. Trelles Tax Director   United States persons (defined as any US citizen, permanent resident alien, entity organized under US laws, or any person in the US) who continue to seek and expand into foreign markets to maintain…
gift tax
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Prepare for the Estate and Gift Tax Sunset Now

Greg Lambourne, Esq Senior Planning Consultant Nancy Van Lanen, CTFA, EA Estate & Trust Tax Director   Every taxpayer in the United States is subject to certain transfer taxes for gifting away wealth during their…
administrative assistant
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New Hires Join WFY’s Tax and Audit Departments

In July, Wright Ford Young & Co. welcomed five new hires to our audit department and tax department. Shane Kuhlman, Angela Manaloto, Joshua Salinas, and Devin Huffman joined our tax department while Andrew Wakefield joined our audit…
administrative assistant
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WFY Welcomes New Hires in May and June

Wright Ford Young & Co. welcomes three new hires to our tax department and administrative department. Ricardo Tornero and Michelle Huh joined our tax department and Yesenia Alvarez joined our administrative department. We are thrilled…
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Tax Guidance on Crypto and Virtual Currency

Manny Trelles, CPA Tax Manager   Recently, the IRS issued additional guidance on crypto and virtual currency. The guidance addressed concerns regarding the timing of income recognition, tax basis, and clarification on terms…
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Should My Business Be Filing Income/Franchise Taxes in Other States?

By Ryan Working, CPA, MST Tax Director   As a small to midsize business navigating the world of state income/franchise taxes can be difficult.  Every state has different rules, tax rates, and requirements for filing.  In…