Tax Reform Changes to Capital Expenditures

By : February 13, 2019 Comments Off on Tax Reform Changes to Capital Expenditures

Recent tax reform has had the side effect of effectively lowering corporate tax rates. With the resulting increase in cash, you might wonder how companies are spending this windfall. A recent report from RSM has revealed that many business owners

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Important Tax Figures for 2019

By : January 28, 2019 Comments Off on Important Tax Figures for 2019

The following table provides some important federal tax information for 2019, as compared with 2018. Many of the dollar amounts are unchanged and some changed only slightly due to inflation.

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Pisenti & Brinker and Zainer Rinehart Clarke Announce Merger

By : December 5, 2018 Comments Off on Pisenti & Brinker and Zainer Rinehart Clarke Announce Merger

Two Long-Established Firms Combine  Santa Rosa, Calif., December 5, 2018 – Sonoma County-based accounting firms Pisenti & Brinker LLP (P&B) and Zainer Rinehart Clarke (ZRC) announce their merger under the Pisenti & Brinker name, effective Jan. 1, 2019. ZRC Partners

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Meals And Entertainment Expenses After Tax Reform

By : November 8, 2018 Comments Off on Meals And Entertainment Expenses After Tax Reform

Employers must change their systems and processes for the new rules We live in a beautiful area that lends itself to people wanting to entertain their friends and guests with great food, wine and our beloved sports teams. So it

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I just lost my home and now you say I owe tax!?

By : October 30, 2018 Comments Off on I just lost my home and now you say I owe tax!?

By Marc Pounds, CPA Pisenti & Brinker Sadly, this is the message many tax advisors may be communicating to their clients in the aftermath of one of the most devastating wildfires in Northern California history. Fortunately, there are a number

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2018-2019 Tax Planning Guide

By : September 28, 2018 Comments Off on 2018-2019 Tax Planning Guide

It’s a new day for tax planning. On December 22, 2017, the most sweeping tax legislation since the Tax Reform Act of 1986 was signed into law. The Tax Cuts and Jobs Act (TCJA) makes small reductions to income tax

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Six Must-Dos When You Donate to Charity

By : January 19, 2018 Comments Off on Six Must-Dos When You Donate to Charity

Donations are a great way to give to a deserving charity, and they also give back in the form of a tax deduction. Unfortunately, charitable donations are under scrutiny by the IRS, and many donations without adequate documentation are being

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IRS Disaster Assistance and Emergency Relief

By : October 27, 2017 Comments Off on IRS Disaster Assistance and Emergency Relief

Our nation has been has been plagued by multiple hurricanes and wildfires. The link below is from the Internal Revenue Service website and may be helpful to those that have been directly affected. https://www.irs.gov/businesses/small-businesses-self-employed/disaster-assistance-and-emergency-relief-for-individuals-and-businesses-1    

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Business Tax: Time to Consider Section 179?

By : October 23, 2017 Comments Off on Business Tax: Time to Consider Section 179?

Section 179 expensing can be a very powerful tax-planning tool for small and medium-sized businesses acquiring capital assets. While it doesn't change the amount of depreciation you can take over the life of capital purchase, it can change the timing

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