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SDI Wage Base Cap Eliminated Starting in 2024

Manny Trelles, CPA Tax Manager   Governor Newsom signed SB 951 on September 30, 2022 repealing the wage ceiling for contributions into California’s State Disability Insurance (SDI) fund beginning January 1, 2024. This means…
three new hires january
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WFY Welcomes Three New Hires in January

Wright Ford Young & Co. welcomes three new hires to our tax department and estate and trust department this month. Jonathan Djahanbani joined our estate and trust department, and Hannah Carbone and Justus Huang joined our tax department.…
ashley winston
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Ashley Winston Joins WFY as Director of Firm Administration

At the start of the year, Ashley Winston joined Wright Ford Young & Co. as our Director of Firm Administration. Ashley will be handling our office’s day-to-day operations to help our office continue to run smoothly and successfully…
tax extension ca storm victims
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IRS Extends Payments and Filing Deadlines to May 15 for CA Storm Victims

Richard A. Huffman, CPA, MST Tax Partner   Victims of the most recent California storm now have until May 15, 2023 to file various federal individual and business tax returns and make tax payments. The IRS announced January…
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New Transfer Tax on All Real Property Sales Over $5 Million in LA

Manny Trelles, CPA Tax Manager   Measure ULA (aka the “Homelessness and Housing Solutions Tax”) was recently approved by voters in the City of Los Angeles. The new transfer tax is set to start April 1st, 2023. The transfer…
three new hires november
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Three New Hires Join WFY in November

In November, Wright Ford Young & Co. welcomed three new hires to our tax department and audit department. Jenifer Hwang joined our tax department, and Sean Berlin and Tyler Connally joined our audit department. Welcome to the WFY team,…
sponsor
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WFY Sponsors OVC’s Dream Beyond and TACA’s Ante Up for Autism

In September, Wright Ford Young & Co. had the pleasure of being a sponsor at two events. WFY was a title sponsor at Oak Valley College's Dream Beyond Gala, and a royal flush sponsor at The Autism Community in Action's Ante Up for Autism…
new hires august
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Three New Hires Join WFY in August

Wright Ford Young & Co. is excited to welcome three new hires to our firm: Cathy Zhang, Kirby McIlveen, and Susie Johnson. Cathy Zhang joined our tax department, Kirby McIlveen joined our estate & trust department, and Susie Johnson…
tax law changes
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The Newest Tax Law Sunset Changes

Richard A. Huffman, CPA, MST Tax Partner   The 2017 Tax Cuts and Jobs Act was passed under the tax neutral reconciliation rules and included a significant amount of tax law changes that begin to adjust this year. Here are the…
update inflation reduction act
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UPDATE: The Inflation Reduction Act of 2022

Jonathan Smeragliuolo, CPA Tax Director   On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022 into law. The provisions included in the Act are intended to address the climate crisis, lowering…
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New Hire Joins WFY Tax Department

Wright Ford Young & Co. is excited to welcome a recent new hire. David Pak recently joined WFY's tax department. We are pleased to have this new hire join our WFY team. David Pak In August, David Pak joined our tax department as…
inflation reduction act
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Information About The Inflation Reduction Act of 2022

Jonathan Smeragliuolo, CPA Tax Director   On July 27, 2022, Senators Chuck Schumer and Joe Manchin announced an agreement to add the Inflation Reduction Act of 2022 to the current Budget Reconciliation bill – with a vote…