Step-Up Rules in Real Estate: What You Need to Know for a Partnership Inheritance
Inheriting a partnership interest in real estate can be a complex process, especially when it comes to understanding the tax...
New Reporting Requirements under the Corporate Transparency Act
We’re reaching out to emphasize the legal implications of the Corporate Transparency Act (CTA) and the new reporting requirements. This...
International Tax Considerations for United States Businesses Operating Overseas
U.S. companies venturing into global markets or expanding their international footprint face a challenging and intricate web of international tax...
Tax Deadlines Postponed to November 16, 2023 for California Storm Victims
The IRS has postponed tax deadlines for one additional month to November 16, 2023. The deadline adjustment was made for...
Financial Statements at a Glance
Financial statements tell investors information about an organization’s financial performance, helping to ensure corporate transparency and accountability. But they can...
High-risk Areas in Financial Reporting
In July 2023, the Public Company Accounting Oversight Board (PCAOB) published a report that highlights common areas of audit deficiencies...
Overhead Allocations: Rising Costs Require a Fresh, Disciplined Mindset
From utilities and interest expense to executive salaries and insurance, many overhead costs have skyrocketed over the last few years....
Reporting UTPs on Your Financial Statements
It can be difficult for business owners to navigate the tax code and monitor tax law developments. One area of...
Tax Relief Granted to Those Affected by California Storm
The IRS recently granted additional time to those affected by recent storms in California to file individual and business tax...
Action Required for Pass-through Entities
The CA Franchise Tax Board has announced that approximately 3,000 Pass-through Entity Tax (PTET) payments made for tax year 2022...
Purpose Through Operating Values
I recently returned to Haskell & White after focusing on my family for 13 years. When I left, I didn’t...
Career Detour
Fifteen years into my career, I had just been promoted to principal at Haskell & White, and I was about...
