Contact Us Today: (562) 868-6333 | (800) 905-1547|


How to Disagree (Without Being a Jerk)

Research has shown that free form meetings aren’t the most effective way to produce good ideas. Suggestions brought up earlier in the meeting tend to have more influence. Additionally, the negative aspects of an idea often alters our judgement more than the potential upside. And yes, in most meetings the same people do most of [...]

Real Estate

Preserve Section 1031 exchanges The IRS has recently announced that it will be scrutinizing “Section 1031 exchanges” of real estate to ensure that such exchanges comply with all the tax law requirements in this area. Nevertheless, you can still avoid current tax by following the rules to the letter. Under Section 1031 of the tax [...]

Year-end tax moves for individulas for 2010

Dear Friends of Our Firm, It's difficult to formulate a year-end plan in the current political environment. Nevertheless, following are seven sensible tax strategies for individual taxpayers in 2010. Caution: Tax rates are scheduled to go up next year, so consider the long-term implications of any year-end moves. 1. Generate energy tax credits. If you [...]

Tax Break in small business law

Dear Friends of Our Firm, The Small Business Jobs and Act of 2010, signed by President Obama on Sept. 27, 2010, includes a bevy of tax breaks for small business owners. Here are the highlights of this important new legislation. Section 179: For tax years beginning in 2010 and 2011, your business can immediately write [...]

Advice to Clients in Uncertain Markets

In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recover more than 600 points by the market close. On the heels of the financial crisis of 2008, this incident only exacerbated investors’ concerns. Some strategies to manage volatility risk that CPAs can recommend to clients [...]

Dealing With Clients in Financial Distress

Managing receivables is difficult in the best of times, and these challenges have been made even more difficult by the current economic environment. But there are several steps your CPA firm can take. Get a handle on billing issues at the outset. First, send out invoices in a timely manner. Invoices are more likely to [...]

Show Buttons
Hide Buttons