We are pleased to announce Devereaux, Kuhner & Co.’s new Associate, Jibrail Hamid. He was born and raised in Daly City, California. Jibrail decided to stay local when continuing his academic [...]
The SECURE Act 2.0, signed by President Biden on December 29, 2022, picks up where the original SECURE Act left off and further reforms the retirement planning landscape. We’ve prepared a list [...]
IRS grants filing extensions to California storm victims The IRS has just announced that it is granting extensions to California storm victims until May 15, 2023, for the following filing and [...]
The SECURE Act of 2019 caused a flurry of changes to the world of retirement plans and income tax planning. Some of these changes were viewed as beneficial to the taxpayer, such as extending the [...]
Senate Bill 113 provides clarifications to the qualifications and benefits of the Passthrough Entity Tax Election (PTE) program. How to Make the Election For tax years 2022 through 2025, the [...]
As of September 30, 2022, the California legislature passed Senate Bill 951 repealing the wage ceiling for purposes of contributions into the California State Disability Insurance (SDI) Program. [...]
We are pleased to announce Devereaux, Kuhner & Co.’s new Associate Accountant, Leonardo Rodriguez. He grew up in the San Diego area and goes back often to visit family. He graduated from San [...]
The recently passed “Inflation Reduction Act” was signed into law on August 16, 2022 and contains provisions directed at clean vehicle benefits (new and used), solar tax credits, energy home [...]
Our office has recently learned that due to errors with the State of California Franchise Tax Board’s (FTB) processing of passthrough entity tax payment vouchers, the FTB is erroneously issuing [...]
To alleviate some of the financial burden of the Coronavirus Pandemic, the CARES Act created the Employee Retention Tax Credit (ERTC), among other tax credits (see prior DKC News article here). [...]