Leaving a Legacy for Your Heirs

Converting an Unincorporated Business Into an S Corp

Too Much Paperwork? What You Can Throw Away After Filing

How to Create an Effective Small Business Website

Partnership Tax Developments

ACH and Wire Transfer Fraud at Epic Levels

best places to work

Orange County Best Places to Work 2015

Wright Ford Young & Co., one of Orange County’s premier CPA firms, is proud to announce that it was once again named among Orange County’s “Best Places to Work” by the Orange County Business Journal in the publication’s 2015 annual…
records

Tax Paperwork and Other Records: What to Keep, What to Toss

E-filing is on the upswing. According to the Data Book released by the IRS on March 24, the agency collected almost $3.1 trillion in federal revenue and processed almost 240 million returns during fiscal year 2014. About 65 percent of…
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Big Tax Savings for Exporters – Do You Qualify?

In a competitive global economy many countries around the world try to strengthen their own economies by creating domestic job growth. One way to accomplish that is by providing tax breaks to certain industries who export their products or services. Here’s…
Business people eating a meal

Meals Expenses Tax Deductibility (50% vs. 100%)

Dear Clients and Friends: Meals can only be deducted as a business expense if they are directly related or associated with the active conduct of a trade or business. There must be valid business purpose to the meal for it to be a deductible…
Different Currency

U.S. Filing Requirement on Foreign Bank and Financial Accounts

Dear Clients and Friends: Each U.S. person (individuals and business entities) who has a financial interest in or signature or other authority over foreign bank accounts, securities accounts or other financial accounts must file a Form TDF…