INSIGHT

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 [...]

By | 2018-10-01T15:15:16+00:00 September 28th, 2018|Corporate Tax, Small Business, Tax and Auditing|Comments Off on Moving Expenses & Other Benefits Under the 2018 Federal Tax Code

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 [...]

By | 2018-09-14T18:47:32+00:00 June 25th, 2018|Tax and Auditing|Comments Off on 2018 Tax Planning: Section 199A Deduction of Qualified Business Income of Pass-Through Entities

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 [...]

By | 2018-03-28T21:23:53+00:00 March 28th, 2018|Tax and Auditing|Comments Off on Sousa & Weber #69 on LABJ Top 100 Accounting Firms List

Deductibility of Entertainment Expenses Under Tax Reform

Deductibility of Entertainment Expenses Under Tax Reform The new Tax Reform Act enacted under President Donald Trump makes significant changes to the rules and limitations to the deductibility of entertainment and meal expenses for businesses. [...]

By | 2018-03-15T21:50:41+00:00 March 15th, 2018|Corporate Tax, Small Business, Tax and Auditing|Comments Off on Deductibility of Entertainment Expenses Under Tax Reform

FAQ from Clients: What is the Death Tax

Although it may sound ominous, the so-called “death tax” is not as unsettling as it might seem. The Tax Cuts and Jobs Act currently making its way through Congress includes a phase-out of the death [...]

By | 2017-11-28T00:52:52+00:00 November 28th, 2017|Corporate Tax, Individual Income Taxes|Comments Off on FAQ from Clients: What is the Death Tax

FTB & IRS Installment Payment Agreements

Life is unpredictable, and sometimes there’s just not enough money to cover all your living expenses, including your income tax liabilities.  Though government agencies are not exactly known for being understanding, if you’re in a [...]

By | 2017-11-28T23:01:24+00:00 August 22nd, 2017|Tax and Auditing|Comments Off on FTB & IRS Installment Payment Agreements