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....
by Karen Rashid | Jul 23, 2021 | Articles
Sometimes it feels good to get rid of clutter. Cleaning out papers we have kept for years is a good project. But there are some guidelines to be aware of before you put a pile of papers on the scrap heap. Individual circumstances guide the exact documents that should...
by Karen Rashid | Jun 16, 2021 | Articles, Press Release
RIVERSIDE, CALIFORNIA – June 16, 2021 – Roorda, Piquet & Besse, Inc. (RP&B CPAs), a premier, full service accounting firm located in the Inland Empire has announced that Robert Bessee, CPA is retiring effective June 30, 2021. Bob will move to an emeritus role,...
by Karen Rashid | May 3, 2021 | Articles
The prolonged and closely watched debate on deductibility of qualifying expenses paid with PPP funds provided under the CARES Act or Consolidated Appropriations Act (CAA) has finally come to an end for California businesses as Governor Newsom officially signed...
