by Karen Rashid | Aug 22, 2022 | Articles, Press Release
RIVERSIDE, CALIFORNIA – August 10, 2022– RP&B CPAs, a premier CPA firm located in Riverside, California was recently named as one of the 2022 Best Accounting Firms to Work for by Accounting Today.Accounting Todayhas partnered with Best Companies Group to identify,...
by Bryan Snyder | Dec 17, 2021 | Articles
California now joins several states that have created a pass-through entity tax (PTE tax) providing qualified owners a workaround of the federal $10,000 limit on the state and local tax deduction. California recently passed Assembly Bill 150 (AB 150), which allows...
by Karen Rashid | Nov 19, 2021 | Articles
As a trustee, you’ll have to get to work within a month of when the grantor dies. There will be phone calls to make, information to gather and letters to write at first. Later, you’ll be responsible for making good investment decisions, filing tax returns,...
by Karen Rashid | Nov 19, 2021 | Articles
If you’re running a business, you’re on the hook for a variety of taxes. Let’s take a look at the main categories: Income tax — All businesses except partnerships must file an annual income tax return. (Partnerships file an information return.)...
by Karen Rashid | Nov 19, 2021 | Articles
In divorces, an ex-spouse may be legally obligated to make payments to his or her former significant other. Payments often are substantial and have been locked into tax deductions for the payer — but that was before the Tax Cuts and Jobs Act came to pass. It used to...
by Karen Rashid | Sep 23, 2021 | Articles
The IRS has compiled a list of “Dirty Dozen” tax scams, and one swindle that the agency is warning taxpayers to avoid is inflating deductions and expenses on tax returns. Common areas targeted by unscrupulous tax preparers involve overstating deductions....
