Firm News

California Passes AB 150 as State and Local Tax Deduction Benefit for Passthrough Entities

July 26, 2021 | Firm News, Income Tax

On Thursday, April 29th, Governor Newsom signed California Assembly Bill 80 which partially conformed with the Federal tax treatment of PPP loans.

Continue Reading

PPP Legislation Signed by Governor

May 5, 2021 | COVID-19, Firm News

On Thursday, April 29th, Governor Newsom signed California Assembly Bill 80 which partially conformed with the Federal tax treatment of PPP loans.

Continue Reading

New Sales and Use Tax Rate Changes as of April 1, 2021

April 16, 2021 | Business Services, Firm News, Sales Tax

On April 1, 2021, the sales and use rate tax rate changed in Monterey County and many of the cities incorporating Monterey County. The tax rate changes listed below apply only within the indicated city or county limits.

Continue Reading

Extended Tax Deadline and Upcoming Tax Payments Due

April 12, 2021 | COVID-19, Firm News, Income Tax, Industry News

The recent news that the Treasury Department and Internal Revenue Service have extended the upcoming tax filing deadline continues to cause confusion for many people. Therefore, we are posting this important update to help provide more clarity.

Continue Reading

Employee Retention Credit Guidelines

April 8, 2021 | COVID-19, Firm News

The second round of COVID relief was passed last month as part of the Consolidated Appropriations Act (CAA). This new Act enhances and extends the Employee Retention Credit (ERC) and now allows employers who previously received a PPP loan, to retroactively claim the credit as well by amending previously filed 941’s.

Continue Reading

Tax Day for Individuals Extended to May 17, 2021

March 19, 2021 | COVID-19, Firm News, Industry News

The Department of the Treasury and IRS announced yesterday that the federal income tax filing due date for individuals for the 2020 tax year will be extended from April 15, 2021, to May 17, 2021.

Continue Reading

Covid-19 Resources and Updates

March 11, 2021 | COVID-19, Firm News, Industry News

A comprehensive list of COVID-19 resources for your business. Check back often for updates.

Continue Reading

COVID-19 Extensions to File and Pay Sales Tax

January 12, 2021 | COVID-19, Firm News

According to the California Department of Tax Fee Administration, returns due between December 15, 2020, and April 30, 2021, for all but the largest taxpayers,.

Continue Reading

Answering Your 990 And Gala Questions In Light Of COVID-19

March 25, 2020 | COVID-19, Firm News, Nonprofit Organizations

With the new challenges facing our communities each day I wanted to provide a little clarity around some of the questions that we are getting.

Continue Reading

Understanding Sales Tax in the Post-Wayfair World

February 24, 2020 | Business Services, Firm News, Income Tax, Wine, Winery and Vineyard

  In June 2018, the U.S. Supreme Court decided South Dakota v. Wayfair. Since then, businesses that operate in two or more of the nation’s 10,000-plus.

Continue Reading

Introducing Our New Partner- Scott Brubaker

February 19, 2020 | Firm News, Industry News

What makes Hayashi Wayland a great strategic partner? Our firm takes pride in the strong relationships we build with our clients. We take the extra.

Continue Reading

8 Myths About the Earned Income Tax Credit (EITC) At Tax Time

February 10, 2020 | Firm News, Income Tax

With some tax returns are already on the way for processing, the Internal Revenue Service (IRS) is reminding taxpayers not to forget about the Earned Income Tax.

Continue Reading

IRS Is Closing Some Business Payment P.O. Boxes

February 6, 2020 | Business Services, Firm News, Income Tax, Service Areas

If you have your business tax payments set to auto-pilot, check those addresses: The IRS is closing business payment P.O. Boxes in the Cincinnati and Hartford.

Continue Reading

Don’t Get Ghosted by Your Tax Preparer This Season

February 4, 2020 | Firm News, Income Tax

    With tax season in full swing (it kicked off January 27, 2020), the Internal Revenue Service (IRS) has issued a reminder to taxpayers to avoid unethical.

Continue Reading

12 Questions To Ask When Choosing A Tax Preparer

February 3, 2020 | Firm News, Income Tax

You’ve probably asked friends or colleagues if they can recommend the perfect tax preparer before? Or you’ve been asked for a recommendation? The truth is.

Continue Reading

Estate Planning Through the Years

January 27, 2020 | Estates & Trusts, Firm News

  Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general guidelines can be drawn.

Continue Reading

5 Tips for Small Businesses to Save Time in the New Year

January 22, 2020 | Business Services, Firm News, Owner Managed Businesses, Service Areas

Most small businesses have innovative ideas and expert staff who are ready to carry them out. What they don’t have is time—time to develop the.

Continue Reading

The 1,099 Hassles of 1099s

January 14, 2020 | Business Services, Firm News, Income Tax, Nonprofit Organizations, Owner Managed Businesses, Service Areas

Preparing and filing 1099s is one of those IRS requirements that can really annoy accounting teams, requiring far more hours and effort than they can.

Continue Reading

2019 IRA Contributions Can Still Be Made

January 8, 2020 | Estates & Trusts, Firm News, Income Tax

2019 IRA contributions can be made until the tax filing deadline of April 15, 2020. Good news, the contribution limit increased in 2019 by $500 to $6000.

Continue Reading

2020 IRS Rates and Limits

December 31, 2019 | Business Services, Firm News, Income Tax

To assist you in gearing up for the coming year, we have provided updated rates and limits for 2020!   To download a PDF of.

Continue Reading

Tips to Avoid Common Payroll Challenges

August 30, 2019 | Business Services, Firm News, Owner Managed Businesses

  Running payroll is one of the most important responsibilities of any business owner, but it doesn’t have to be the most stressful. Here’s a few.

Continue Reading

California Competes Tax Credit

August 16, 2019 | Business Services, Firm News, Income Tax, Other, Owner Managed Businesses, Service Areas

  The California Competes Tax Credit is an income tax credit available to businesses that want to come to California or stay and grow in California..

Continue Reading

FASB Gives Private Companies Breathing Room on Lease Accounting

August 13, 2019 | Firm News, Nonprofit Organizations, Service Areas

FASB members voted unanimously to propose moving back the effective date for lease accounting and two other major new accounting standards. The Financial Accounting Standards.

Continue Reading

California Sales Tax Change

August 9, 2019 | Firm News, Wine, Winery and Vineyard

  By. Tyler Willis and Kiely Holcomb   In April of 2019, California Governor Gavin Newsom signed a bill that drastically changed the required collection.

Continue Reading

CalCPA Womens Leadership Forum

Events, Firm News, Industry News

By. Martha Gustavson I attended the 2019 CalCPA Women’s Leadership Forum on April 26th. I hope that this synopsis of the event can be both.

Continue Reading

2019 Vineyard Economic Symposium in 15 minutes

June 7, 2019 | Firm News, Wine, Winery and Vineyard

  On May 8, 2019 the 24th annual Vineyard economic symposium was held at the Culinary Institute of American at Copia in downtown Napa. The.

Continue Reading

Winery Costing and Taxation Course

Events, Firm News, Wine, Winery and Vineyard

    We understand the complexities of accounting for wineries and we created a course to help sort through the issues!   Our firm teamed.

Continue Reading

Are you worried about your financial plan?

May 7, 2019 | Estates & Trusts, Firm News, Other

  Do I have enough to retire?   Am I on track with meeting my financial goals?   Are my investments aligned with my aspirations?.

Continue Reading

Important Tax Updates for Partnerships and LLC’s

February 13, 2019 | Firm News, Income Tax, Industry News

  These new changes will affect you if you are a representative, partner, or member of a partnership or LLC. Effective for tax years beginning.

Continue Reading

State of the Wine Industry in 2019

January 28, 2019 | Firm News, Other, Wine, Winery and Vineyard

  Last week Silicon Valley Bank hosted their 2019 State of the Wine Industry webcast. We view this event every year and it always provides.

Continue Reading
Copyright © 2021 Hayashi Wayland. An independently owned member of RSM US Alliance. Worldwide services through RSM International.