by Christian Molina | Mar 6, 2017 | Client Memo
Beginning January 1, 2017, employers with 10 or more employees will be required to electronically submit employment tax returns, wage reports, and payroll tax deposits to the Employment Development Department (EDD). All employers, including household employers, will...
by Christian Molina | Oct 20, 2016 | Client Memo, Tax
Two weeks ago the IRS issued an alert to taxpayers and tax professionals to be on guard against fake emails containing an IRS tax bill related to the Affordable Care Act (ACA). The scam involves an email with an attachment of a fake CP2000 notice for the tax year...
by Christian Molina | Oct 16, 2016 | Client Memo, Security
In the last Presidential debate, the one topic that the candidates agreed on was that the cyber threats facing our nation are serious and potentially devastating. One little-known statistic is that according to IBM, 95% of security breaches are due to human error. In...
by Christian Molina | Aug 16, 2016 | Client Memo, Estate Planning
Two weeks ago the IRS issued proposed regulations that are aiming to eliminate the long-held practice of valuation discounts for lack of marketability and control for fractional ownership interests transferred by gift, sale, or at death to family members. Valuation...
by Christian Molina | Dec 12, 2010 | Client Memo
On December 17, 2010, President Obama signed into law the bipartisan tax bill to extend various Bush-era tax cuts and create tax breaks for all. Below is a summary of some of the important provisions: Temporary extension of current tax rates through 2012 Tax Rates...
