Insights by Author: Jacob Sheffield, CPA, MST

Update on the Corporate Transparency Act: Court Suspends Reporting Requirements for Businesses

December 10, 2024

Less than one month before the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting deadline,…

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Year-End Tax Planning for Businesses

November 15, 2024

After a few years of relatively mild tax changes for most businesses, post-election results provide more…

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Corporate Transparency Act: What Small Businesses and Trusts Need to Know About New Reporting Requirements

January 19, 2024

Effective January 1, 2024, millions of privately-owned non-exempt corporations, limited liability companies and limited partnerships will…

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2022 Year-End Tax Planning for Businesses

November 9, 2022

It’s the time of year when we’re immersing ourselves in fall sports, thinking about the holiday…

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The Inflation Reduction Act and What It Means for You

September 9, 2022

The Inflation Reduction Act (the Act) was recently signed into law on Aug. 16 and contains…

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Important Changes to California’s Elective Pass-Through Entity Tax

February 23, 2022

California recently revised its SALT cap workaround to be more appealing for qualifying owners of S…

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Employees in Other States? Here are the Top Tax Implications to Consider

February 16, 2022

Return-to-office plans remain in a state of limbo as some employers find that a remote work…

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Year-End Tax Planning for Businesses

November 15, 2021

2021 brought a wave of new tax changes for businesses, and 2022 could bring yet another…

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On Your Mark, Small Businesses: Get Set to Reserve the 2021 Main Street Hiring Credit

October 28, 2021

The Main Street Hiring Credit has been reenacted for 2021, bringing financial relief to small businesses…

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How to Claim the Employee Retention Tax Credit

July 16, 2021

Congress created an employee retention tax credit to retain employees on their payroll during the pandemic.…

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The Impact of Tax Reform on Alimony

The Tax Cuts and Jobs Act has turned the tax code upside down on alimony, especially ...
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Teach Them Young – How to Leverage Summer Job Salaries

If you want to teach your child the value of a dollar this summer, take a ...
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Danna McGrew Featured in Leading From Within “Stories From Our Network”

We are proud to spotlight BPW Partner Danna McGrew, who was recently featured in Leading From ...
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Court Overturns Physical Presence Standard in Sales Tax Decision

With the surge of online shopping dominating the retail space, a recent U.S. Supreme Court 5-4 ...
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Passing the Torch

As Managing Partner Scott Hadley retires and rides off into the sunset, we celebrated his 21 ...
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Blended Federal Income Tax Rate for Corporations with Fiscal Year

In a recent release by the Internal Revenue Service, corporations operating on a fiscal year that ...
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How Tax Reform Affects Fringe Benefits

The Tax Cuts and Jobs Act (the Act) cut tax rates for both individuals and businesses, ...
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Best Place to Work for the 2nd Year in a Row

We are honored to be named among the Central Coast Best Places to Work by the Pacific Coast Business ...
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Partner Spotlight

Congratulations to BPW Partner Ellyn Cole on being named one of the 2018 Top 50 Women ...
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New Bill Delays Three Taxes

The president signed a “continuing resolution” on January 22, delaying three health-related taxes: the medical device ...
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Team Member Spotlight

Congratulations to our team members on their recent accomplishments! BPW Partner Danna McGrew was recently named ...
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Decrypting Cryptocurrencies

What are cryptocurrencies? The news is teeming with excitement about cryptocurrencies, whether it be Bitcoin, Ethereum ...
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