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...
by Karen Rashid | Mar 22, 2021 | Articles
The filing date for the federal income tax has been postponed until May 17. The IRS has announced that individual taxpayers can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to May 17, 2021, without penalties and interest,...
