partnership

New Partnership Tax Basis Reporting Requirement for 2024

Corporate Transparency Act’s New Requirement for All Businesses

agm

Tax Partner Richard Huffman Speaks at MGI’s 2024 Global AGM

three new hires

Three New Hires Join WFY’s Tax and Audit Departments

Protection Statute

California’s Unique, Little-Known Nest Egg Protection Statute

plan sponsor

Best Practices for 401(k) Plans Self-Certified Hardship Distributions

interns

Three New Interns Start Internships at WFY

Take Advantage of The Augusta Rule: A Tax-Free Business Rental Income Opportunity

Two New Hires Join WFY

Supreme Court Decision Impacts Many Business Owners Entity Redemption Buy-Sell Agreement

WFY’s Tax Department Grows With Three New Hires

three new hires

Three New Hires Join Our Audit Department in May

tax scams

Current Tax Scams to be Aware of in 2024

save on taxes

Save On Taxes By Hiring Your Child as an Employee

wfy wealth management

WFY Launches WFY Wealth Management

section 163(j)

Understanding Section 163(j): A Brief Overview of Business Interest Deductions

erc marketing

Warning Signs of Aggressive ERC Marketing: A Cautionary Guide for Businesses

january new hires

WFY Welcomes Five New Hires in January

The Corporate Transparency Act: New Reporting Requirements

The Tax Relief for American Families & Workers Act of 2024 (H.R. 7024)

director of business development

WFY Introduces New Director of Business Development

estates & Trusts

WFY Announces Nancy Van Lanen as New Estates & Trusts Tax Partner

ASU 2016-13 Current Expected Credit Loss Effective for Private Companies in 2023

Decoding the Menu: Navigating Meals Expenses Tax Deductibility in 2023 – 50% vs. 100%

WFY’s Tax Department Welcomes Two New Hires

Jennifer

Audit Partner Jennifer Haddad Featured in Manage HR Magazine

Maximizing Your Finances: Year-End Tax Planning Tips for 2024

New Audit Senior Joins WFY’s Audit Department

Students Falling Victim to Fraud When Applying for Scholarships

WFY Celebrates 50 Years by Donating to Others

Importance of Keeping Track of Adjusted Basis of Your Home

Tax Considerations for Expanding Operations Into Foreign Markets

Prepare for the Estate and Gift Tax Sunset Now

administrative assistant

New Hires Join WFY’s Tax and Audit Departments

administrative assistant

WFY Welcomes New Hires in May and June

Tax Guidance on Crypto and Virtual Currency

Should My Business Be Filing Income/Franchise Taxes in Other States?

Defined Contribution Plan Revisions Issued for 2023 Plan Years and More

Update on Report of Foreign Bank and Financial Accounts (FBAR)

IRS and CA Extend Payment and Filing Deadlines to October 16 for CA Disaster-Area Taxpayers

administrative assistant

New Tax Administrative Assistant Joins WFY in February

SDI Wage Base Cap Eliminated Starting in 2024

three new hires january

WFY Welcomes Three New Hires in January

ashley winston

Ashley Winston Joins WFY as Director of Firm Administration

tax extension ca storm victims

IRS Extends Payments and Filing Deadlines to May 15 for CA Storm Victims

New Transfer Tax on All Real Property Sales Over $5 Million in LA

three new hires november

Three New Hires Join WFY in November

sponsor

WFY Sponsors OVC’s Dream Beyond and TACA’s Ante Up for Autism

new hires august

Three New Hires Join WFY in August

tax law changes

The Newest Tax Law Sunset Changes

update inflation reduction act

UPDATE: The Inflation Reduction Act of 2022

New Hire Joins WFY Tax Department

inflation reduction act

Information About The Inflation Reduction Act of 2022

New Hires Join WFY in July

expenses

Tax Exempt Gifts of Tuition and Medical Expenses

four new hires june

Four New Hires Join WFY in June

employee benefit plans

Key Take-Aways from 2022 AICPA & CIMA Employee Benefit Plans Conference

Interns Join Audit Department for WFY Summer Internship Program

june 15

Top Considerations for June 15 CA Passthrough Payment Deadline

WFY Welcomes New Hire in May

Preparing Yourself and the Best People to Replace You

retirement plan

CA Employers Must Have Retirement Plans for Employees by June 30

two new hires march

WFY Welcomes Two New Hires in March

two new hires

Two New Hires Join WFY in February

WFY Sponsors 60th Anniversary Gala Hosted by Beyond Blindness

irs delays

Expect IRS Delays on Paper Filed Tax Returns

elective tax credit

Update on CA Passthrough Entity Elective Tax Credit

ashley sieracki

WFY Welcomes Ashley Sieracki to Firm

new hires january

New Hires Join WFY in January

sdi

Stopping CA SDI Withholding Can Help You Save

2022 payroll tax

2022 Payroll Tax & Auto Mileage Rate Changes

three new hires

Three New Hires Join WFY in December

WFY Title Sponsors Events for The Priority Center and VLI

sponsors

WFY Sponsors Events for HOPE Int. and In STEPPS Academy

ante up

WFY Attends TACA’s Ante Up for Autism Dinner and Auction

family-owned

WFY Sponsors OCBJ’s Family-Owned Business Awards

angels 5k

WFY Attends Angels 5K and Angels Game on August 14th

tax workaround

New Law Tax Workaround for CA Pass-Through Business Owners

seven new hires

Seven New Hires Join WFY

deductible

Tax Update on Business Meals Being 100% Deductible in 2021

new hires

Two New Hires Join Audit Department

wfy partners

WFY Partners Jeff Myers & Cyndi LeBerthon Host Upcoming Webinar

director of marketing

WFY Introduces New Director of Marketing

lawyers for warriors

WFY Reserves Title Sponsorship for VLI’s Lawyers for Warriors

tax credit

Is Your Company Eligible for the Employee Retention Tax Credit?

octc

WFY Sponsors OCTC’s Stepping Through Spring Fundraising Walk

ai

AI in Auditing

register with calsavers

Employers with Over 50 Employees Must Register with CalSavers by June 30

american rescue plan act

Significant Tax Provisions from Biden’s American Rescue Plan Act

Restaurant Finance Monitor

WFY Introduces Demo Days presented by Restaurant Finance Monitor

Bonnie Thompson

Bookkeeper Bonnie Thompson Retiring After 50 Years at WFY

relief

CA Lawmakers Reach COVID Relief Deal Including Partial PPP Conformity

anti-fraud control

The Most Common Anti-Fraud Control

new tax senior

New Tax Senior Joins WFY’s Tax Department

audit senior

WFY Welcomes New Audit Senior

employee retention credit

New COVID Relief Bill Expanded Employee Retention Credit Benefits

hires

Six New Hires Join WFY

payroll tax

2021 Payroll Tax and Standard Auto Mileage Rate Changes

covid relief bill

New COVID Relief Bill Signed Into Law

sales tax relief

New California Sales Tax Relief Announced for Small Businesses

small business hiring tax credit

Applying and Qualifying for CA Small Business Hiring Tax Credit

proposition 19

CA Proposition 19 and the Qualified Personal Residence Trust

director

WFY Welcomes New E&T Director

ppp loans

PPP Loan Forgiveness Taxability in 2020

lawyers for warriors

WFY Sponsors VLI’s Lawyers for Warriors Event

CARES Act Provider Relief

Healthcare Providers Receive CARES Act Provider Relief Fund

the wfy podcast

WFY Introduces New Podcast: The WFY Podcast

estate and gift

Year End Estate and Gift Tax Planning Action to Consider Taking

audit staff

WFY Welcomes New Audit Staff Member

andy bautista podcast

Partner Andy Bautista Featured in Podcast Discussing COVID-19 Topics

ppp

SBA Releases PPP Flexibility Act Guidance and Revised Forgiveness Application Form

paycheck protection program

BREAKING NEWS: Significant Taxpayer Friendly Changes to the Paycheck Protection Program

two new hires

WFY Welcomes Two New Hires to Audit Department

roth ira

Roth IRA Conversion During Coronavirus – Is Now the Right Time?

Gift and Estate Planning

Why Gifting During an Economic Downturn May Be Right for You

ppp

Non-Deductibility of PPP Related Expenses to the Extent of Forgiven PPP Funds (IRS Notice 2020-32)

business transition

Business Transition Preparedness Post COVID-19

cares act

Learn the Business Benefits of the CARES Act

economic impact payment

IRS Launches Economic Impact Payment Direct Deposit Portal

Disaster Relief Payment Tax Assistance to Employees Affected by COVID-19

coronavirus

Avoid Phishing in the Time of COVID-19

coronavirus enacted laws

Summary Analysis of Coronavirus Enacted Laws

The Senate and House Passes CARES Act of 2020

cpa exams

Quarterly Update: CPA Exam Passed by WFY Employees

lawyers for warriors

WFY as Title Sponsor for VLI’s 2020 Lawyers for Warriors

six new hires

Six New Hires Join WFY Team

charitable contributions

WFY’s 2019 Charitable Contributions

payroll tax

Changes with 2020 Payroll Tax and Standard Auto Mileage Rate

orangewood

WFY Donates Items to Orangewood Foundation’s Holiday Gift Drive

NYCM Runner Sabrina Reguero Raises Money for Team for Kids

bruin professionals

Tax Director Melodie Reguero on Tax Planning at Bruin Professionals

sponsor

Proud Sponsor of the OCCF’s 30th Anniversary Annual Meeting

What is the California Consumer Privacy Act (CCPA)?

congressman kevin brady

Meeting with Congressman Kevin Brady

savings

Year-End Tax Saving Moves for Individuals

ante up for autism

WFY Sponsors TACA’s 13th Annual Ante Up for Autism Benefit Gala

business owner summit

WFY Partner Kahni Bizub as Panelist at 2019 Business Owner Summit

lawyers for warriors

WFY Title Sponsors Veterans Legal Institute’s Lawyers for Warriors Event

meet the firms

WFY Attends Meet the Firms at CSUF and NAU

wfy new hire

WFY Welcomes New Hire to Estate & Trust Practice

new hires

WFY Grows Tax Department With New Hires

angels game

WFY Attends Anaheim Angels Game

law

CA Governor Signed Law to Conform to Federal Tax Law Changes

calcpa

Cyndi LeBerthon Appointed Chair of CalCPA Peer Review Committee

WFY Tax Department is Hiring

tax season CPA discussion

Problems Faced Between You and Your Current CPA This Past Tax Season

WFY Hosts MGI North America West Coast Area Meeting

When Does a Resident Become a Nonresident?

New Partnership Audit Rules for 2018 Tax Filing Year

hires

Estate & Trust Department Welcomes Three New Hires

Rental Real Estate Owners-Guidance Related to the 20% Pass-through Deduction

New International Tax Laws Now in Effect Under TCJA

wfy grows

WFY Grows Tax Department Before 2018 Tax Season

New IRS Partnership Audit Rules Prompt New Look at Operating Agreement

Making Large Gifts Now Won’t Harm Estates After 2025

Tax Saving Moves to Improve Your Tax Situation

calcpa

WFY Welcomes New Partner Cyndi LeBerthon

hiring

WFY is Hiring

patriots ball

WFY Sponsors Veterans Legal Institute’s American Patriots Ball

Landmark SCOTUS Decision on Sales Tax Collection Requirements

California Competes Tax Credit

hires

WFY Expands Firm with Three New Hires

aca

IRS To Issue More ACA Penalties

updates

WFY Continues to Grow Firm with New Hires

Avoid Scammers: How the IRS Does and Does Not Contact Taxpayers

mgi member

MGI Member Kevin Wiest from Wright Ford Young & Co.

benefits

Are you Taking Advantage of the New Tax Law Benefits?

Offer in Compromise

What Is an Offer in Compromise with the IRS?

Earn Money from California’s Training Subsidy Program

Federal Tax Depreciation Guidelines

Federal Tax Depreciation Guidelines

Individual Tax Law Changes

Individual Tax Law Changes

like-kind exchange

How to Co-ordinate Cost Segregation with Like-kind Exchange

Tax Law Changes Business

Tax Law Changes Business Chart and Highlights

pass-through deduction

Pass-Through Entities and the 20 Percent Tax Break

tax cuts and jobs act

Extraordinary Estate Tax Opportunity with the Tax Cuts and Jobs Act

changes

Bracket Changes and More From the IRS

audit

Is This Your Situation: Wondering If An Audit Can Benefit You

social security

Big Changes in Social Security and Retirement Plans for 2018

tax plan

Senate Tax Plan Outline Released

released

House Tax Bill Outline Released

esop

The Pros and Cons of Becoming an ESOP

inflation adjustments

Estate and Gift Tax 2018 Inflation Adjustments

planning

Year-End Tax Planning Strategies

framework

Trump’s Framework for Fixing Broken Estate, Gift, Trust Tax Code

hurricane

What to Do After the Hurricane

unified framework

Unified Framework for Tax Reform

equifax

How to Protect Yourself From the Equifax Data Breach

power of attorney

What to Know About ‘Power of Attorney’

program

Multistate Sales Tax Amnesty Program for Online Retailers

1031 exchange

Wondering About a 1031 Exchange

updates

Follow us on Facebook and LinkedIn to get weekly updates!

agreement

Understanding the Components of a Buy-Sell Agreement

eligible

Wondering if You’re Eligible for R&D Credits

2017

Tax Calendar for the Rest of 2017

business owners

The Decision to Buy or Lease for Business Owners

tax reform plan

President Trump’s Tax Reform Plan Proposal

audit

Learn the IRS Red Flags That Can Trigger an Audit

employment

How S Corporations Can Save on Federal Employment Taxes

value

Factoring Uncertainty into the Value of Your Business

benefit

Leverage Benefits to Recruit and Retain Talent

rmds

Remember RMDs this Tax Season

creditor

Can a Creditor Go After Non-Probate Assets?

losses

Make Tax Friends with Passive Activity Losses

identity

Tax Fraud Awareness: How to Protect Your Identity and Assets

provisions

IRS updates FAQs on Certain ACA Provisions

business

Thinking about Selling Your Business? Add Value Now

generations

Nurture Understanding Between Generations for a Peaceful Workplace

will

Transferring Real Estate to Heirs: Issues that Can Arise Without a Will

capital

Land Is Not Always a Low-Taxed Capital Asset

real estate

Tax Alert on Real Estate Sales by Foreigners

tax figures

Important Tax Figures for 2017

probate

Want Your Estate to Avoid Probate? Six Ways to Make it Happen

recordkeeping

Strictly Speaking: Travel and Entertainment Recordkeeping

employee

Employee, Partner or Both? Recent Developments Help You Decide

FSAs

Year-End Reminder: Don’t Forget FSAs

recipients

IRS Extends Deadline to Provide 2016 ACA Forms to Recipients

trends

Spotlight On Business Tax Trends

gifts

Giving Gifts to Employees? IRS Wants Its Share

Debt or Equity? New Guidance Helps You Decide

Way for You as a California Shareholder to Save on State Disability Insurance (SDI) (Approx. $1,000)

It’s Time for Individuals to Plan for Taxes in 2016 and Beyond

president

The President-Elect’s Tax Plan: What the Future Could Look Like

Year-End Tax Strategies for Small Businesses

Get Ready Businesses: Some Filing Due Dates Are Changing

regulations

IRS Issues New Regulations on Allocating Debt

Sell Corporate Stock Tax-Free to an ESOP

Business Without Borders

Spotlight on Gains from Qualified Small Business Stock

How to Set Up an IRS-Approved Family Loan

Avoiding Digital Disruption While Heading toward the Future

Did You Miss the 60-Day Deadline for Your IRA Rollover?

It’s Time to Review Your Financial Planning Options

Tax Law Changes Business

Sell Products or Services on the Internet? Better Know About Collecting Sales Taxes

529 plan

What You Need to Know About 529 Plan Withdrawals

legal

Choosing the right legal form for your business

shareholders

Anticipate Future Possibilities with a Shareholders Agreement

An ‘Intentionally Defective’ Trust Can Save Taxes

Scrutinize Commercial Property Tax Bills

manufacturing

CA Manufacturing and R&D Equipment Sales Tax Exemption

IRAs

Tax-Savvy Planning Strategies for Inherited IRAs

Records Are Critical in Proving Basis in Property

sell

Sell (or Buy) a Corporate Business With a Tax-Free Reorganization

onboarding

Onboarding Employees: Do It Right and Reap the Rewards

tax platforms

Compare and Contrast the Politic Parties Tax Platforms

nevada commerce

Have an active business in Nevada? Learn the Nevada Commerce Tax

The Tax-Smart Way to Develop and Sell Appreciated Land

profit

Focus on Your Profit Centers

social security

FAQs about Social Security Retirement Benefits

data

Combat All Threats to Data Security

strategic plan

A Strategic Plan Should Also Include a Succession Plan

three taxes

Three Taxes People Love to Hate

charitable

IRA Charitable Donations: An Alternative to Taxable Required Distributions

ownership

Transfer Business Ownership or Remain Boss?

education

Claiming Business Deductions for Work-Related Education Costs

trademark

Trademark Due Diligence A Mark of the Future

roth

New IRS Guidance for Designated Roth Accounts

vehicle purchases

Heavy Vehicle Purchases Offer Significant Business Tax Breaks…For Now

equifax

Strengthen the Weak Links in Your Cybersecurity Plan

PATH

10 Midyear Tax Planning Moves Inspired by the PATH Act

Made in America: The Pursuit of Life, Liberty and Global Opportunities

New Overtime Rules Issued: What it Means for You

vehicle

Follow Detailed Recordkeeping Rules for Vehicle Expense Deductions

What You Need to Know About the Alternative Minimum Tax

‘Loan Payments’ Can Be Taxable Corporate Distributions to Shareholders

When Can You Deduct Moving Expenses?

No Current Deductions Before Business Commences

Must Joint Activities Be Treated as Partnerships?

investment

New Rules for Certain Investment Advisers

Develop a Strong Hand to Negotiate Loan Covenants

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

Could Your Business Benefit from the Work Opportunity Tax Credit?

best places to work

Orange County Best Places to Work 2015

records

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

2 Gentleman discuss notes ipads

Big Tax Savings for Exporters – Do You Qualify?

Business people eating a meal

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

Different Currency

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

Year-End Tax Planning Cash vs Accrual Method

Deducting Self Rental Losses

2 People working with paper work

Converting LLCs to S-Corporations

Business men and woman looking over notes

Employee Stock Ownership Plans