Insights

Latest Posts

Important News for California Pass Through Entities: PTE Payment Due June 15

California enacted Assembly Bill 150 (“AB 150”) in 2021 as a method for deducting state and local taxes in excess of federal deduction limitations.
CFO,

CFO, Yes or No? Here’s How to Decide

If your nonprofit’s budget is growing and your executives are struggling to juggle financial responsibilities, it may be time to hire a CFO. Learn about what these executives do and what to look for in a candidate.

Goodwill in a Bad Economy

Internally generated goodwill isn’t on the balance sheet. But acquired goodwill is another story. Do you know the rules for reporting acquired goodwill and subsequently testing it for impairment? This is a hot button for many organizations today.

Tax Considerations When Adding a New Partner at Your Business

If you’re looking for a new partner to add to your partnership, you may think the hard part is over once you find the right person. But there may be tax challenges ahead.

Once You File Your Tax Return, Consider These 3 Issues

Once your 2021 tax return has been filed, there still may be some issues to consider. Many people have questions about how to find their refund status, which records can be thrown out and when to file amended tax returns.

Fully Deduct Business Meals This Year

Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.

Selling Mutual Fund Shares: What Are the Tax Implications?

Selling mutual fund shares involves many complex factors. Here are the basic rules.

Deciding Between Cash and Accrual Accounting Methods

Do you know the differences between cash and accrual accounting methods? Some small business owners are unaware of the options that are now available to them.

2022 Q2 Tax Calendar: Key Deadlines For Businesses And Other Employers

Here are some of the key federal tax-related deadlines that apply to businesses and other employers during the second quarter of 2022.

Insights

If your business has co-owners, you probably need a buy-sell agreement

/in /by

For most business co-owners, the value of their business shares comprises a big percentage of their estates. Having a buy-sell agreement protects co-owners and their heirs and helps avoid hassles with the IRS. Continue Reading If your business has co-owners, you probably need a buy-sell agreement

Read more

Consider borrowing from your corporation but structure the deal carefully

/in /by

Closely held corporation owners: If you need money for personal expenses like a new car or home improvements, consider borrowing from the business. But follow these tips to avoid adverse tax consequences. Continue Reading Consider borrowing from your corporation but structure the deal carefully

Read more

Why audited financials matter

/in /by
Read more
View All
KKB alternate logo

Kirsch Kohn & Bridge LLP

Phone: 818-907-6500
Fax: 818-783-0725
21800 Oxnard St., Suite 900
Woodland Hills, CA 91367
info@kkbcpa.com

Firm Overview
Our Team
International Affiliation
Contact
Careers

Sign up for our newsletter
Client Resources
Pay Online

© 2024 Kirsch Kohn & Bridge LLP. All rights reserved. Privacy Policy