You know it’s important to make a good impression through your resume and in the interview process, right? But did you know that you must also impress employers throughout your email correspondence? To develop your career, you need to master the art of correspondence. Here are email tips about professional etiquette and 5 things you should never do when applying for an internship or job opening. Details Matter At every stage of the employment ... more
Archives for January 2023
Deal Funding: Deferred Developer Fee Is Only One Solution
Congress’ recent spending package offers an increased $4.5 billion to HUD for fiscal year 2023, including a “Yes in My Backyard” (YIMBY) grant program and increased funding for several existing programs. This news may or may not ease concerns among developers about significant project cost increases and funding gaps. A recent article in Affordable Housing Finance noted that developers are relying on “partners at all levels” to make new deals ... more
IRS Provides Tax Relief for California Storm Victims
On January 10, 2023 (and updated on January 11, 2023) the Internal Revenue Service announced that California storm victims now have until May 15, 2023, to file various federal individual and business tax returns, and make tax payments. On January 13, 2023, California announced conformity to the IRS extended May 15 filing and payment deadlines for individual and business return filings. Individuals and households that reside or have a business in ... more
First-year bonus depreciation and Sec. 179 expensing: Watch out for the pitfalls
As tax experts in California, we’ve seen different situations where clients decide not to claim bonus depreciation, and in many situations, they do claim it. Which will you choose? At LvHJ, we are here as your advisors, and our goal is to point you in the right direction. Many companies are eligible for tax write-offs for certain equipment purchases and building improvements. These write-offs can do wonders for a business’s cash flow, but ... more