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…
retirement plan
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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…
two new hires march
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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
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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.…
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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…
irs delays
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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…
elective tax credit
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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…
ashley sieracki
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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 january
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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…
sdi

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
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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
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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…