INSIGHT

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 [...]

By |2019-06-18T01:52:39+00:00June 18th, 2019|Corporate Tax, Corporations, Grow Your Business|Comments Off on Conversion from a C Corp to an LLC

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 [...]

By |2019-05-30T17:22:53+00:00May 30th, 2019|Legal Issues|Comments Off on Implications of the “Wayfair Decision” on out-of-state internet retailers

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 [...]

By |2019-04-08T14:38:15+00:00April 8th, 2019|DCAA Accounting|Comments Off on A&D Accounting: Six Ways an Experienced CPA Can Help Aerospace and Defense Contractors

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 [...]

By |2019-04-08T14:17:16+00:00February 28th, 2019|Accounting Tips, Small Business|Comments Off on Why Outsource Your Accounting Manager or Controller?

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+00:00September 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+00:00June 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+00:00March 28th, 2018|Tax and Auditing|Comments Off on Sousa & Weber #69 on LABJ Top 100 Accounting Firms List