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The SPSCPA Blog - Page 5 of 12

 

Elder Care – When it’s Time to Take Charge

Elder Care Guardianship - Sobul, Primes & Schenkel CPA Los Angeles

Guardianship isn’t an all-or-nothing choice No one likes to think of their parents as being less-than-capable of managing their own affairs, but illness and injury can reduce anyone’s ability to cope with life’s demands. Sometimes, it’s necessary to step in and take charge via a guardianship (also known as conservatorship). If you think your parent needs help, then the first Read More »

Healthcare Reform and Small California Employers

California Health Care Reform - Sobul Primes & Schenkel CPA Los Angeles

If you have 50 employees or less, here’s what’s coming There’s an oft-quoted (though nonexistent) Chinese curse that says, “May you live in interesting times.” Well, welcome to “interesting times” in the form of changes to our healthcare system. Though large employers were generally elated when the US Treasury Department announced a one year delay in implementing the “play or Read More »

Jr. Posse Youth Equestrian Program

Kids on Horses - Sobul Primes & Schenkel CPA - Los Angeles

Keeping kids on horses and off the streets Where’s the best place to go horseback riding? You may be surprised to learn there are some children who would answer, “Compton!” Twenty-year SPS veteran Valerie Chamberlain, Manager of our Business Management Department, has been volunteering with a unique non-profit kid’s organization, the Jr. Posse Youth Equestrian Program, otherwise known as the Read More »

Two degrees of excellence

Graduate Degrees - Sobul, Primes & Schenkel CPA - Los Angeles

Congratulations to two Sobul, Primes & Schenkel graduates ‘Tis the season to toss mortarboards in the air and applaud graduates from institutes of higher learning. We are proud to announce that two SPS employees are celebrating receipt of their graduate degrees. Cheers to Riza Marfori (Supervisor) for earning her MST (Master of Science in Taxation) from California State University, Northridge. Read More »

Prepare for California’s worst season

California Fire Safety - Sobul, Primes & Schenkel CPA Los Angeles

Fire season is here… take steps to protect yourself Though California is frequently the butt of jokes for having no “real” seasons, Californians are all too aware that the state’s worst season (if you don’t count tax season) is fire season. This year fires are already in the news because we did not have much of a rainy season. The Read More »

Our not-so-secret Portal

Secure Client Portal - Sobul, Primes & Schenkel CPA Los Angeles

Sobul, Primes & Schenkel introduces the secure Client Portal Have you ever dreamed of being able to instantly access your individual tax return and payment vouchers as well as transferring financial files to us via a secure, web-based application? Who hasn’t, right? Then you will be excited to hear about the SPS Client Portal which was launched this year, to Read More »

Low tech mail fraud – alive and kicking!

Mail Fraud Alert Sobul Primes Schenkel CPA Los Angeles

Beware of “official notices” You’ve long ago learned to trash those overdue notices for magazines you’ve never subscribed to and to ignore those Canadian lottery notifications. Be aware, however, that sophisticated fraudsters have learned the Achilles’ heel of small business owners – notices from the government demanding a relatively small payment. A father and son team was recently arrested, according Read More »

Is it more taxing to give or to receive?

Gift or Estate Tax Sobul Primes and Schenkel CPA Los Angeles

Changes to gift and estate taxes Although it didn’t receive as much publicity as other parts of the American Taxpayer Relief Act of 2012 (ATRA), estate and gift taxes also got a makeover by our representatives. Congress permanently increased the maximum estate and gift tax rate to 40% for estates of decedents dying after 2012, with an exclusion of $5,000,000, Read More »

Strategies! Sobul, Primes & Schenkel looks to the future

Tax Planning Advice - Sobul Primes Schenkel CPA Los Angeles

Now’s the time to start planning for 2013 tax liabilities Though just a few months have passed since April 15th, it’s never too early to consider strategies for the new tax year. It’s especially important this year because of the many changes as a result of the American Taxpayer Relief Act of 2012, not to mention the tax changes resulting Read More »