New State and Local Tax Deduction
A hot topic from the Tax Cuts and Jobs Act (TCJA) tax reform for
California and other high-income tax states was the limit to the
State and Local Tax Deduction for individuals. Before the
2017 Tax Law Overview
The tax bill has come to a rest for signature of the President with
most changes becoming effective in 2018. For budgetary purposes,
the period of which the law is changed ends in 2026. I believe
Proposed Regulations Address PFIC Rules
The Treasury and IRS have issued proposed regulations on provisions
dealing with passive foreign investment companies (PFICs). Proposed
regulations published on April 25, 2015, also have been withdraw...
Proposed Exception to MEP Unified Plan Rule
Proposed regulations would provide an exception to the unified plan
rule for multiple employer plans (MEPs). The purpose is to reduce
the risk of plan disqualification due to noncompliance by other
FAQ: What is a Spousal IRA?
If you file a joint return and your taxable income is less than
that of your spouse, the "spousal" IRA rules may allow you to
contribute up to $5,000 in 2009 (or $6,000 if you are 50 or older)
to an i...
Estate planning for retirement plan assets
Throughout all of our lives, we have been told that if we don't
want to work all of our life, we must plan ahead and save for
retirement. We have also been urged to seek professional guidance
to help ...
Survive (and thrive) in an uncertain economy
During uncertain economic times, it's easy to feel pessimism and
react hastily amid media reports about growing unemployment rates
and stock market downturns. However, such actions can wreak havoc
Client FAQ: Scholarships excludable from income
Q: One of my children received a full scholarship for all
expenses to attend college this year. I had heard that this
amount may not be required to be reported on his tax return if
How do I? Compute my net worth
How much am I really worth? This is a question that has run through
most of our minds at one time or another. However, if you aren't an
accountant or mathematician, it may seem like an impossible numb...
How Do I?... Compute financial ratios
How quickly could you convert your assets to cash if necessary? Do
you have a quantitative way to evaluate management's effectiveness?
Knowing your business' key financial ratios can provide valuabl...
Tax credits that give families a break
Raising a family in today's economy can be difficult and many
people will agree that breaks are few -- more people mean more
expenditures. However, in recent years, the IRS has passed
Client FAQ: Common sense and taxes
Q. Each year when it comes time to prepare my return, I realize how
little I think about my tax situation during the rest of the year.
I seem to lack any sort of common sense when it comes to dealing...
Client FAQ: Calculating gains from stock sales
Q. I am reviewing my portfolio and considering selling some of my
stock. How do I determine what tax basis I have in the
publicly-traded shares that I own for purposes of determining my
gain or loss i...
Our purpose is to add value to the business of our clientele through transactional specific and organizational business advisory services. We offer expertise not commonly found within our profession outside of the Big Four firms, and we take pride in our ability to offer that expertise while maintaining the highest level of responsiveness and cost efficiency. Our reputation develops from knowledge of industry operational models, law, finance, valuation, taxation, and accounting. Such expertise does not come easily and is acquired through problem solving opportunities and issues that surface in a transactional driven environment.
The foundation of our business has been developed from the real estate industry. Our real estate expertise originates from working on countless real estate transactions with companies ranging from the institutional owner to the boutique developer. With such expertise, there exists a level of sophistication and efficiency in dealing with a wide range of transaction structures and organizational operating strategies. Our operational experience will be the backbone to adding value to our client’s business model. Our objective is to be viewed by our clientele as a source for high level business and tax planning advice with specialized accounting support on staff.