Richard Mandelsohn has over 30 years of public accounting experience, at one time leading the Firm’s Tax and Estate Planning Practice. He was responsible for providing tax planning and compliance services to closely held businesses and estates. Richard is a specialist in the tax-free exchanges of real estate and the proper structuring of business acquisitions and liquidations.
Richard’s background includes seven years of experience with a “Big Four” accounting firm. He has frequently been quoted and interviewed by news publications on various tax-related issues. A member of the American Institute of CPAs and the California Society of CPAs, Richard is the Past President of the San Fernando Valley Estate Planning Council.
Richard earned a Master of Science degree in Engineering from the University of Connecticut and a Master of Arts degree in Accounting from the California State University in Northridge.
Coordinating Sec. 179 tax deductions with bonus depreciation
/in Tax/by KKB CPAsThere’s more than one way for businesses to claim depreciation tax deductions. By combining them, you can get optimal tax-saving results. Continue Reading Coordinating Sec. 179 tax deductions with bonus depreciation
Beware of a stealth tax on Social Security benefits
/in Tax/by KKB CPAsMany retirees are surprised to find out that some of their Social Security benefits are hit with federal income tax. Will you be one of them? Here are the rules. Continue Reading Beware of a stealth tax on Social Security benefits
Maximize the QBI deduction before it’s gone
/in Tax/by KKB CPAsThe qualified business income (QBI) deduction is scheduled to disappear after 2025. Congress could extend it, but don’t count on it. Here’s what you need to know to make the most of it while you can. Continue Reading Maximize the QBI deduction before it’s gone