Conversion from a C Corp to an LLC
While a conversion from a C Corp to LLC status can have a high tax cost, in some cases, such a conversion can be beneficial. Why convert? Converting from a C corporation to an LLC [...]
18
06, 2019
30
05, 2019
Implications of the “Wayfair Decision” on out-of-state internet retailers
On June 21, 2018, in a 5-4 ruling that overturned the 1992 decision of Quill v. North Dakota, the United States Supreme Court ruled in favor of South Dakota, proclaiming that states can legally mandate [...]
8
04, 2019
A&D Accounting: Six Ways an Experienced CPA Can Help Aerospace and Defense Contractors
When it comes to bookkeeping and accounting, aerospace and defense contractors face a unique set of challenges. In order to be successful in the industry, it's crucial to have a thorough understanding of the requirements [...]
28
02, 2019
Why Outsource Your Accounting Manager or Controller?
More and more businesses are turning to outsourced accounting controllers to manage their company finances. Every company's needs are different, but there are a myriad of reasons to outsource your financials to a remote accounting [...]
11
01, 2019
Business Credits Under the New Tax Code
New Federal tax laws in 2018 bring about a number of important changes to the tax credits available to business owners. Here are several that you should be mindful of. Employer Credit for Paid Family [...]
1
11, 2018
1031 Exchanges Under the 2018 Federal Tax Code
Since its signing into law on December 22, 2017, the Tax Cut and Jobs Act has created a number of changes to the tax code, leaving many uncertain as to how the changes will impact [...]
15
10, 2018
2018 Tax Depreciation Changes
Even before the new tax Act was passed in late 2017, depreciation in the Federal Tax Code had undergone a number of changes. Before the turn of the century, after making an improvement to a [...]
28
09, 2018
Moving Expenses & Other Benefits Under the 2018 Federal Tax Code
The Tax Cuts and Jobs Act included a number of changes to the previous tax code, particularly in relation to employee benefits. Beginning January 1, 2018, several changes in the taxability and deductibility of employee [...]
25
06, 2018
2018 Tax Planning: Section 199A Deduction of Qualified Business Income of Pass-Through Entities
Signed into law on December 22, 2017, the sweeping tax reform enacted by President Donald Trump includes a number of provisions of particular interest to businesses. In particular, Section 199A Deduction for Qualified Business Income [...]
28
03, 2018
Sousa & Weber #69 on LABJ Top 100 Accounting Firms List
Sousa & Weber #69 on LABJ Top 100 Accounting Firms List In its February 12th, 2018 issue, the Los Angeles Business Journal named Sousa & Weber as one of the top 100 accounting firms in [...]