News & Info
Navigating Section 453A: Tax Implications of Installment Sales of $5 Million
By Michael Kouyoumdjian, CPAFrom Volume 41, Issue 2 of the ESOP Report Taxes are never a topic people like to discuss, or if they do, it’s rarely a fun topic. Many sellers choose the ESOP alternative, at least in part, because of the tax benefits the option provides....
RP&B CPAs Hosts 13th Annual Texas Hold’em Poker Tournament in Support of Feeding America Riverside | San Bernardino
RP&B CPAs was proud to host our 13th Annual Texas Hold’em Poker Tournament on Friday, January 23, bringing together clients, colleagues, and community partners for an evening of friendly competition—all in support of a meaningful cause. Each year, our team selects...
Announcing Feeding America Riverside-San Bernardino as RP&B’s 2025 Charity of Choice
Each year, our staff submits local nonprofits to support and votes to select one organization together as a team. Once decided, our "Charity of Choice" benefits from several volunteering and fundraising opportunities throughout the year, culminating with our...
Celebrating 40 Years of Excellence: A Night to Remember at RP&B CPAs
On May 6, 2025, RP&B CPAs proudly celebrated a milestone 40 years in the making. Hosted at the elegant Victoria Club, our anniversary celebration brought together all the clients, team members, and associates who have played a pivotal part in shaping our story...
IRS Issues New Guidance for Reporting ERC Refunds
On March 21, 2025, the IRS announced a new procedure on how to report Employee Retention Credit (ERC) refunds related to wages from prior tax years. This announcement affects thousands of taxpayers and practitioners who have received or are expecting ERC refunds....
FinCEN’s BOI Filing Mandate is Back in Effect with Extended March Deadline
FinCEN announced that the beneficial ownership information (BOI) filing mandate is now due March 21, 2025. This new due date applies to the vast majority of reporting companies to file an initial, updated, or corrected BOI report, including those entities formed prior...
Federal and State Tax Relief for Los Angeles County Taxpayers
In response to the severity of the Los Angeles wildfires, the IRS and the State of
California have agreed to extended federal and state tax deadlines. As of Monday,
January 13, taxpayers located in Los Angeles County have been granted an extended deadline of October 15, 2025.
RP&B CPAs, a Premier CPA Firm in Riverside, California Named 2022 One of the 100 Best Accounting Firms to Work For by Accounting Today
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,...
California’s Elective Pass-Through Entity Tax
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...