The Tax Cuts and Jobs Act contains many provisions that have a direct and significant impact on the construction industry…
Read MoreTax Pitfalls: What You Need to Know to Prepare for Tax Day
With tax season on the horizon, it is important to look at a few of the tax pitfalls out there. The partners at Osborne Rincon CPAs weigh in on some of the major ones to be aware of…
Read MoreManaging the Revenue Cycle in Healthcare Practices
Revenue cycle management is complex and hard to manage, yet is vital to ensure that your medical practice is getting paid what is owed as quickly as possible…
Read MoreWages vs. Shareholder Distributions: Considerations for S-Corporations
Shareholders of S-Corporations can choose to take their compensation either as wages or as shareholder distributions, however; there are some things to be aware of when considering the best option…
Read MoreTaxes and Triple Net Leases: Knowing What’s Deductible in Section 199A
Ranking high on the hottest tax topics of the 2018 filing season was in regards to Section 199A, which allows for a 20% tax deduction on qualified business income…
Read MoreDo You Need a Professional Successor Trustee?
Do you have a living trust? If so, you need a successor trustee who operates the trust and makes sure it is properly distributed to beneficiaries…
Read MoreNew Leasing Standard Effective in 2020
Effective January 2020, companies will be required to account for leases differently than in the past. Currently, operating leases are expensed through a company’s income statement…
Read MoreWhy You Don’t Want to Miss Your Estimated Tax Payments
Did you know that you could receive a penalty for not making payments quarterly to the Internal Revenue Service (IRS) or Franchise Tax Board (FTB)?…
Read MoreHelp the Employees of Your Small Business Save for Retirement
The outlook for retirement is continually changing, and the stats are real. A great majority of Americans aren't adequately saving for retirement – if they are saving at all…
Read MoreNew Tax Implications for Country Clubs
Country clubs offer a highly-desired lifestyle here in the Coachella Valley, and if you are affiliated with the management…
Read MoreBusinesses & Rental Properties: A New 20% Deduction Should Be On Your Radar
Early this year, the IRS released Notice 2019-07 in regards to the Internal Revenue Code (IRC) Section 199A and the Trade or Business Safe Harbor for Rental Real Estate…
Read MoreA Win for Defunct, Undissolved Businesses
In general, the State of California presents some unique challenges when it comes to its tax code. In fact, non-conformity has become the norm when it comes to federal vs. California tax law…
Read MoreWhy Internal Controls Are Important for Your Company
When you talk to a successful business owner, they don’t usually speak about internal controls being the reason for their success. It’s about the product or service they market, the people who sell their product…
Read More2019 Tax Law Changes - Federal vs. California
As many of you know, the Tax Cuts and Jobs Act (TCJA) resulted in many changes that will impact 2019 federal income tax filing. The question is…
Read MoreW-2 or 1099? California Implements the “ABC Test” to Guide Employers
As the new year begins, many employers consider expanding their team with new hires. In the settlement of the California Supreme Court case…
Read MoreSmart Charitable Tax Strategies
When you align your charitable giving with smart tax strategies, the result could be a win-win situation…
Read MoreMake A List, Check it Twice! Six Top Holiday Tax Tips
With the hustle and bustle of the holidays, it’s easy to forget about tax deadlines on the horizon. With these tips, get ahead of your planning before time runs out…
Read MoreSales Tax Changes – Is Your Business In Compliance?
The world is getting smaller; and for businesses, that means it’s getting more expensive…
Read MoreTips for Family & Education Planning Under the New Tax Law
With the school year just beginning, now is a good time to start thinking about how the new tax law can impact your family and educational plans…
Read MoreSofia P. Hinojosa, CPA joins Osborne Rincon CPAs
Osborne Rincon, Certified Public Accountants, continues their unprecedented expansion with the hiring of Sofia P. Hinojosa, CPA in May 2018.
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