January 2023 | Kirsch Kohn Bridge CPAs + Advisors

Franchise Tax Board conforms to IRS filing extensions for California storm victims

January 16, 2023/in Tax/by KKB CPAs

On January 13, the Governor’s office announced that California will conform to the IRS filing extensions granted for California individual and business taxpayers impacted by recent storms. This means the Franchise Tax Board has extended filing and payment deadlines for many taxpayers in California until May 15, 2023. Continue Reading Franchise Tax Board conforms to IRS filing extensions for California storm victims

IRS grants filing and payment extensions to California storm victims

January 13, 2023/in Tax/by KKB CPAs

Individuals and businesses located in California may qualify for tax relief. California storm victims now have until May 15, 2023, to file various federal forms and make tax payments. Continue Reading IRS grants filing and payment extensions to California storm victims

Employers should be wary of ERC claims that are too good to be true

January 10, 2023/in Advisory/by KKB CPAs

Have you heard ads on TV telling businesses how they can claim a huge Employee Retention Credit? It might be possible for some employers but it also might be too good to be true. Continue Reading Employers should be wary of ERC claims that are too good to be true

SECURE 2.0 law may make you more secure in retirement

January 5, 2023/in Tax/by KKB CPAs

Want to save more for retirement? You might be able to with the many changes in a new law signed on Dec. 29, 2022. Continue Reading SECURE 2.0 law may make you more secure in retirement

SECURE 2.0: Year-end spending package tackles retirement planning and tax shelters

January 3, 2023/in Tax/by KKB CPAs

Tucked into the Consolidated Appropriations Act of 2023 is a package of enhanced retirement benefits, otherwise known as the SECURE 2.0 Act. Here are some of the provisions. Continue Reading SECURE 2.0: Year-end spending package tackles retirement planning and tax shelters

Year-End Business Newsletter

December 5, 2023/in Tax/by KKB CPAs

As another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s tax bill can improve your cash flow and your bottom line. Below are a few timely strategies that you can execute before year end to minimize your company’s tax liability. Continue Reading Year-End Business Newsletter

Happy Thanksgiving

November 21, 2023/in Tax/by KKB CPAs

Happy Holidays from all of us at KKB! Continue Reading Happy Thanksgiving

Choosing a business entity: Which way to go?

November 7, 2023/in Tax/by KKB CPAs

Choosing the best entity for your business is a multi-faceted decision. Here’s a look at the some of the considerations. Continue Reading Choosing a business entity: Which way to go?